Consumer lending

A chunk of alternative loan customers are perfectly creditworthy, a report from the credit bureau shows.

It's too late for Congress to overturn the consumer bureau's regulation on short-term lending, but acting Director Mick Mulvaney will have plenty of chances to reshape it.

Otting wants banks to make small loans to consumers; the German bank will reduce headcount by at least 7,000.

It’s not just weaker underwriting and higher household debt levels that are driving past-due rates to their highest levels in seven years.

The agency's bulletin opens the door to banks' making more short-term loans to borrowers with lower credit scores — with few parameters beyond "sound underwriting."

Senate Democrats want acting CFPB Director Mick Mulvaney to explain why the agency is no longer policing student loan lenders and servicers, but any impact on credit unions remains to be seen.

U.S. credit card issuers are already caught in the middle of intense debates over guns, marijuana and cryptocurrencies. Gambling on sports is next.

CEO Tim Sloan said that the bank has "pulled back enough" on auto lending and is poised to grow the business again.

The CFPB policy was aimed at preventing discriminatory markups on indirect loans made by car dealers, but current acting CFPB Director Mick Mulvaney said the guidance "seemed like a solution in search of a problem."

While reform legislation for banks is just around the corner, market signals suggest the economy could be headed toward another downturn.