Critics say they’d rather see banks marshal resources for a rocky road ahead than continue paying shareholders.
The pandemic hasn’t brought the wave of defaults that some predicted.
The drop in rates, coming as Treasury yields plunge, is taxing an industry that was operating near capacity.
Students enrolled in higher quality schools are offered favorable lending terms, according to a recent report.
The share of credit card borrowers at least 90 days past due will probably tick up to 2.01% next year.
The wives of some prominent executives have reportedly been put on significantly lower credit limits than their husbands.
Fallout from the housing bubble appears to have diminished consumers’ willingness to keep using their homes as an ATM.
A Republican joins Senators Elizabeth Warren and Bernie Sanders in demanding mass college debt forgiveness.
Analysts say that the proposal would impose higher costs on trading and impinge volume.
Sanders will propose legislation that would provide debt relief to some 45 million Americans who have college loans.
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