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The company is under law enforcement scrutiny for loans that helped propel a boom and bust in the taxi medallion market in New York City.
October 31 -
Digit is applying its automated-savings techniques to the growing problem of student loan debt.
October 31 -
Bank and other lenders are said to have poured hundreds of billions of dollars into financing private-equity firms and their investment deals in recent years. Defaults have been low, but an economic slowdown could put these relationships to the test.
October 30 -
A special committee in the state Senate has recommended not to move forward on a proposed bill to tax credit unions above a certain asset threshold.
October 30 -
The restriction on how often a borrower’s account is debited was supposed to be relatively straightforward, but one lender is trying to fight that provision.
October 29 -
Executives at banks in California say there's only so much they can do until the flames subside.
October 29 -
On Jun. 30, 2019. Dollars in thousands.
October 28 -
On Jun. 30, 2019. Dollars in thousands.
October 28 -
The combination of low unemployment, rising wages and falling interest rates means more households are taking out loans for big-ticket items like speedboats and mobile homes.
October 24 -
The online lender posted a profit for the sixth consecutive quarter, as higher margins helped offset a decline in loan originations.
October 24