US states that have legalized sports betting have seen a rise in delinquency rates on consumer credit products and a decrease ...
The stresses in private lending are concentrated in just a few sectors and don’t impact bank balance sheets, unlike during ...
Credit-card debt is soaring, interest rates on balances have moved into the 30% range on many cards, and delinquencies and bankruptcies are rising. The statistics are grim as consumers fight to keep ...
Credit unions present themselves as the "good guys," non-profit member-run organizations incapable of engaging in predatory financial services. While this is true for many, my research has uncovered ...
Boaz Weinstein, founder of Saba Capital Management, said the problems in private credit are "multiplying by the quarter." Saba, alongside Cox Capital Management, launched a tender offer to purchase ...
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