Explore how First Brands’ bankruptcy exposes risks in private credit markets and what it means for investors amid economic ...
But President Trump’s crackdown could produce “a surge in defaults by migrants who leave their debts behind as they leave the U.S.” Let’s not rush to panic like this is a redux of the subprime ...
“There's going to be a higher payment on those loans, in part due to the higher balance, but also because rates are higher now,” she said — over 7% percent for new cars and 11% or more for used ...
According to the Center for Responsible Lending, 2.4 million U.S. citizens, including hundreds of thousands of Californians, can't afford payments on their sub-prime loans and risk foreclosures on ...
MID-MICHIGAN (WJRT) - As Americans battle inflation and rising interest rates, auto lenders are seeing more and more people fall behind on their car loans. According to S&P Global Mobility, there are ...
Delinquency rates on subprime auto loans are at records.
Turning existing low-rate mortgages into assumable loans could reignite home sales, ease affordability challenges, and offer ...