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China's consumer spending in May posted its strongest growth in nearly 18 months, with retail sales of consumer goods ...
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2 Consumer Loan Stocks Showing Promise Despite Industry Headwinds
The Zacks Consumer Loans industry faces growing pressure from prolonged high rates, which are straining borrowers' repayment capacity. So, industry players are increasing reserves to guard against ...
Chinese banks are under pressure to boost consumer lending, but rising defaults and weak household demand are making it ...
BEIJING (Reuters) -Chinese banks are struggling to comply with new Beijing guidelines to boost consumer credit as they reel ...
How well — or how poorly — Americans are managing their Buy Now, Pay Later loans soon could be reflected in their credit scores.
Wells Fargo & Company (NYSE:WFC) is one of the best Goldman Sachs bank stocks. On June 10, Wells Fargo Chief Financial Officer Mike Santomassimo commented that the American consumer loan growth ...
U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo Chief Financial Officer Mike Santomassimo said on Tuesday.
Xpert Home Lending Inc., a fast-growing mortgage brokerage led by a former top account executive at United Wholesale Mortgage (UWM), has agreed to a sweeping consent order with the Washington State ...
Trump administration escalates its war with universities like Columbia by threatening student loans and grants. What’s next? The Education Department is putting pressure on Columbia’s ...
In other consumer news, a growing number of consumers are using buy now, pay later loans for everyday expenses like groceries.
Consumer protection experts say a new Maryland law doesn’t go far enough to address predatory lending practices surrounding payday loans.