Increasing delinquency rates offer a glimpse into the declining financial well-being of consumers throughout 2023 and raise red flags about future upticks in charge-offs.
How can lenders, particularly credit unions, support consumers in managing debt and averting delinquencies and loan defaults in the future?
FinWise's decision to partner with Earnest was fueled by their joint objective to offer private loan options to individuals pursuing higher education.
With the student loan market growing more competitive, private lenders are vying for borrowers' attention. So, why would borrowers choose Earnest for financing over other options?
For years, credit unions have been competing to increase their market share in auto financing. But last year, their market share fell for three quarters.
For credit unions, EVs may present a possible solution to their market share problem.
In exploring the evolution of mortgage lending to communities of color", TD Bank's Lena Vann delves into historical mortgage policies and ongoing homeownership challenges.
She also describes how financial services can help to clear misconceptions about financing a home to help more BIPOC folks into homes and building wealth.