CHICAGO - When Household Finance Corp. opened its first bilingual branch in a Hispanic neighborhood on the city's north side in June, it was a homecoming for the consumer finance company.

Stung by commercial loan losses and high delinquency rates in the 1980s, Household Finance withdrew from most urban markets five years ago. It shut hundreds of expensive-to-maintain inner-city branches in places like Chicago, New York, and Detroit.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.