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It has already been modifying more problem loans and investing in efforts to recover charged-off loans, and now the credit card lender is ready to tighten underwriting in case the economy weakens.
October 23 -
The credit card lender responded to the closing of Toys R Us stores last year by issuing Synchrony-branded cards to the retailer's customers. Now it's testing a general-purpose card with a wider array of clients.
October 21 -
Fisher Investments is out more than $1 billion following Ken Fisher’s controversial remarks at a conference. Where do men pull ahead of women in promotions? Right from the start. Plus, a girls’ high school soccer team makes national news.
October 21Financial Planning -
On Jun. 30, 2019. Dollars in thousands.
October 21 -
On Jun. 30, 2019. Dollars in thousands.
October 21 -
Gordon Sondland, the U.S. ambassador to the European Union, is often described as a hotelier from the Pacific Northwest. But he has also had a long and sometimes controversial career in finance.
October 18 -
Credit unions have been heavily focused on millennials but serving older consumers is just as important. Vehicle leasing is one way to reach both demographics.
October 18Credit Union Leasing of America -
In her second day of congressional testimony, Kathy Kraninger took heat from Senate Democrats for weighing in on constitutional questions about her agency and for her enforcement track record.
October 17 -
While demand is strong and loan performance generally remains solid, the prevalence of longer loan terms has sparked concern that losses will eventually spike.
October 16 -
CFPB Director Kathy Kraninger faced a barrage of questions from Democrats on the House Financial Services Committee over why the agency has not demanded refunds for consumers in recent settlements.
October 16