Economic Gains Boost Lender Confidence, Credit Availability

The credit card market gained strength in last year’s third quarter, with more new accounts and higher monthly purchase volumes across all risk categories, according to the American Bankers Association’s latest Credit Card Market Monitor. Collection & Credit Risk

By |2015-03-27T04:05:53-05:00March 27th, 2015|FDCPA|Comments Off on Economic Gains Boost Lender Confidence, Credit Availability

Lender Easily Sells Subprime Auto Loan Bundle

Despite turmoil in the auto loan market - delinquencies are up, more people are losing their cars to repossession - Santander Consumer USA still had few problems finding buyers last week for a bond deal consisting of auto loans to credit-troubled borrowers. Collection & Credit Risk

By |2015-03-17T00:25:32-05:00March 17th, 2015|FDCPA|Comments Off on Lender Easily Sells Subprime Auto Loan Bundle

Lender Seeks Revisions to State’s Payday Lending Rules

A Washington state law that restricts payday loan marketing to poor families has caused the state’s payday lenders to lose three-quarters of their business in the five years since it was enacted, according to published reports. Collection & Credit Risk

By |2015-03-04T19:02:00-06:00March 4th, 2015|FDCPA|Comments Off on Lender Seeks Revisions to State’s Payday Lending Rules

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