Hosted on MSN

Consumer loans are getting harder to tally—and the risks harder to gauge

Having trouble trying to figure out how the U.S. consumer is doing lately? You aren’t alone. Now, the increasing migration of consumer lending to less-visible parts of the financial system is only ...
Business Wire

Consumer Loan Satisfaction Stagnant as Financial Health of Customers Declines, J.D. Power Finds

“The primary purpose of a consumer loan is to be a financial management tool, to help solve challenges customers are having with revolving credit card debt or unforeseen expenses,” said Bruce Gehrke, ...
JD Supra

The California Financing Law — Commercial and Consumer Lenders Beware

Lenders or loan brokers [1] based in California or lending to either commercial or consumer borrowers based in California are subject to the California Financing Law (CFL), which imposes licensing ...
Reuters

Wells Fargo says consumer loan growth to stay muted or drop this year

NEW YORK, June 10 (Reuters) - U.S. consumer loan growth is likely to remain muted for the rest of the year and could potentially slide, Wells Fargo (WFC.N), opens new tab Chief Financial Officer Mike ...