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The number of auto loans classified as delinquent rose sharply in the fourth quarter, raising further questions about whether the segment is getting overheated.
March 7
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Democratic senators are gearing up for a showdown with Republicans over a Consumer Financial Protection Bureau rule governing arbitration agreements in financial contracts.
March 7
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The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise.
March 7
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A Long Island, N.Y., man was sentenced to prison time and ordered to pay $2.5 million after pleading guilty in June to ripping off distressed homeowners, said Christy Romero, the Tarp special inspector general.
March 7
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Startups in the payday lending space say their use of artificial intelligence is allowing them to make better loans at lower rates with fewer defaults.
March 7
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No fees, no automated voice response and lots of direct mail are among the investment bank’s tactics for its consumer fintech venture.
March 7
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Solarity CU is piloting a branch it calls an "engagement center' to address and align all the different ways members want to do business with it.
March 7
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The public-private effort, aimed at expansion-minded tech and other companies with proven track records, would be backed by the country’s six largest banks, insurance companies and regional lenders.
March 7
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The Kennesaw, Ga.-based firm, which makes online installment loans to borrowers with blemished credit records, currently operates in 14 states.
March 7 -
The Innovative Lending Platform Association and the Coalition for Responsible Business Finance announced Monday that they are joining forces.
March 6
