A disturbing trend is emerging in our economy, and it’s not tariffs. Auto loan defaults are skyrocketing, prompting one auto ...

According to court records, Svein Dyrkolbotn, owner of Viking Companies, estimates he owes creditors between $100 million and ...

Whiskey brand Uncle Nearest, rooted in a 159-year legacy, is said to be preparing a second Chapter 11 bankruptcy filing this ...

“BDCs provide a fair bit of transparency into the private credit market because . . . as lenders to SMEs, [they] are a good ...

U.S. loan funds are seeing sharp outflows this month as the bankruptcy of First Brands Group raises concerns over opaque ...

Missing a personal loan payment can trigger penalties, collections and damage your credit – and defaulting could spell legal trouble. Before you miss payments, reach out to your lender about options ...

Americans took on an additional $74 billion in credit card debt last year, according to a new analysis from the personal finance company WalletHub. The good news is that’s actually a smaller increase ...

NEW YORK — Credit card defaults are on the rise for Americans, reaching the highest level in 14 years. U.S. credit card defaults jumped to a record $46 billion from January through September 2024, ...

There has been an increase in defaults on small-ticket single loans, which are less than Rs 10,000, in comparison to larger loans. This trend is causing concern among money lenders and is impacting ...

Thousands of Americans with federal student loans who did not resume payments after COVID-19-era loan repayment pauses ended a year and a half ago could now see their credit scores hurt, the Federal ...

NEW YORK (Reuters) -U.S. consumers with the highest credit scores are starting to fall behind in debt repayments, credit scoring company VantageScore said in a report published on Monday, in a sign ...