Credit

Democratic lawmakers and consumer advocates say the remedies offered to consumers by firms like Capital One and Equifax are too difficult to access and not particularly helpful.

The decision to bring in Michael Doyle follows a quarter where the South Dakota company reported a spike in net charge-offs.

The Michigan company sold collateral tied to Live Well, a mortgage company that has filed for bankruptcy protection.

MoneyLion and Varo say familiarity with existing customers — whom they already offer savings, investment and personal finance products — will help them make smart credit decisions.

The Fed’s injects funds into the repo market for first time in more than a decade; bank trying to partner firms with cash with those with market share.

The popular program could go idle next month for the second time in less than a year if lawmakers are unable to approve a $99 million credit subsidy.

Private Bancorp of America is the latest bank to report a borrower issue in connection with a high-profile fraud case tied to liquor licenses.

The loan participation has been flagged for potentially fraudulent activity.

Lenders considering other factors for those with bad or no credit history; the bank plans to sell its French retail unit.

The unnamed borrower was the victim of an alleged scam by another company.