Indian banks, particularly private ones, are facing challenges with unsecured retail loans, evidenced by rising slippages and non-performing assets. While growth in this lending segment has slowed, it ...

Refinancing a personal loan means replacing an existing loan with a new one. Personal loan refinancing could make sense if ...

Take credit cards, for example. Those short-term borrowing products currently have rates averaging over 21%. Personal loan ...

The state-owned lender also revised the Fixed Rate Spread (FRS) for retail loans, which now stands at 1.50%. Accordingly, the ...

Student loan servicers are expected to be overwhelmed as 5.6 million defaulted borrowers face collection actions.

FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing reliance on BNPL loans.