Consumer lending
- Stocks
Navient stock falls after student-loan company swings to loss
Shares of Navient Corp. fell more than 9% in after-hours trading Tuesday, after the student-loan servicer swung to a fourth-quarter…
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SoFi Technologies joins the meme-stock party after banking approval
We’re not saying that retail investors are getting a little stale with their choice of meme stocks, but we are saying that the hottest new thing is a fintech lending platform that…
Read More » - Stocks
SoFi joins the meme-stock party — does that mean the parents have come home?
We’re not saying that retail investors are getting a little stale with their choices of meme stocks, but we are…
Read More » - Stocks
SoFi stock soars after company gains approval for bank charter — ‘a major step forward’
Shares of SoFi Technologies Inc. surged in after-hours trading Tuesday after the financial-technology company said that it won regulatory approval…
Read More » - Stocks
Bond market looks past Navient’s $1.85 billion student-loan settlement
Corporate bonds issued by Navient Corp. were the second-most actively traded on Friday in the U.S. junk-rated financial category, a…
Read More » - Banking
‘CashPlease’: Small bank debuts alternative to payday loans
This week, Wells Fargo joined the list of large banks introducing short-term credit products — and the much smaller OneUnited…
Read More » - Banking
CFPB sues Colorado debt seller execs for alleged deceptive practices
The Consumer Financial Protection Bureau sued three executives of a Colorado debt collection firm for allegedly selling debts to third-party…
Read More » - REAL ESTATE
Does CFPB rebuke of credit bureaus portend tougher rules?
The Consumer Financial Protection Bureau slammed the nation’s credit reporting bureaus over their handling of complaints in a report that…
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Apollo asset sales drive record cash for shareholders
Apollo Global Management reported lower third-quarter profit, but the portion of its earnings that it could hand back to shareholders climbed…
Read More » - Banking
California to regulate early-wage access firms under landmark agreements
Five companies in the early-wage access industry have reached landmark agreements with California regulators that will govern their operations in…
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