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Loan Applications Spike After Fed Rate Cut

Loan Applications Spike After Fed Rate Cut

More central bank action expected after Bank of England also cuts interest rate to offset COVID-19 effect on economy
Citizens Hits Back at CFPB’s Lawsuit Over Credit Card Dispute Failings

Citizens Hits Back at CFPB’s Lawsuit Over Credit Card Dispute Failings

The Rhode Island-based bank says legal action from the consumer regulator is “unwarranted” and ignores previous remedial work
How Student Loan Debt Indirectly Effects Retail Banking Business

How Student Loan Debt Indirectly Effects Retail Banking Business

The effect of student loans is greater than meets the eye
Banks are Losing the Battle for Personal Loans: But Consumers are the Real Victims

Banks are Losing the Battle for Personal Loans: But Consumers are the Real Victims

These loans are equivalent to legal loan sharking
Addressing an Apparent Contradiction in Credit Scores

Addressing an Apparent Contradiction in Credit Scores

How can credit scores be so good when a downturn is increasingly likely?
Online Bank Aspiration Launches Debit Card that Rewards Social Responsibility

Online Bank Aspiration Launches Debit Card that Rewards Social Responsibility

"It provides the encouragement people need to vote with their dollars."
Rabobank Reports Homeownership Unreachable for Majority in The Netherlands

Rabobank Reports Homeownership Unreachable for Majority in The Netherlands

Moderate Income earners are likely priced out of the market, particularly in major cities
Bad News for Wall Street: Goldman Sachs was Right on Interest Rates

Bad News for Wall Street: Goldman Sachs was Right on Interest Rates

While almost 100% of analysts were predicting at least one rate cut, the June jobs report changed the equation
As Predicted, the Economy is Strong But Auto Loan Delinquency Rates are at Record Highs

As Predicted, the Economy is Strong But Auto Loan Delinquency Rates are at Record Highs

Banking Exchange Predicted the Increase Four Months Ago
Ned Davis Research Points to Another Potential Tactic for the Federal Reserve

Ned Davis Research Points to Another Potential Tactic for the Federal Reserve

“That would be like pressing on the gas and the brakes at the same time.”
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