Andres Guiterrez reports 6.6% of vehicle owners with sub prime loans are at least 60 days past due on payments.
The 14th International Debt Management Conference renewed urgent calls for global financial system reforms to ensure debt ...
Worries about corporate credit defaults rose in the US for a second straight day on Tuesday, after US President Donald Trump ...
A Trump executive order is attempting to dismantle the Education Department and rolling back some student loan forgiveness.
Americans are carrying a record amount of credit card debt and that’s not the only money they owe. Auto loan defaults have ...
Nearly one percent of the public service workforce, or 2,078 workers had not been paid Sh2.49 billion in salaries in the year ...
As US President Donald Trump’s tariff regime threatens to put more of a squeeze on Australian businesses, invoice payment defaults have risen by almost 50 per cent across the past 12 months, according ...
Fourth-quarter private credit defaults increased to 2.7% from 2% the previous quarter, according to Proskauer’s Private Credit Default index that tracks senior secured and unitranche loans in the U.S.
Credit default swaps (CDSs) provide protection for investors in the event that the borrower defaults on their debt or loan.
Although tariffs and other issues are getting the most news coverage, a harbinger of recession is looming: the slow collapse ...
The Lake Tahoe developer who planned to build a Waldorf Astoria on the Tahoe Biltmore site has defaulted on an $82 million loan for the second time in a year.
While it may not always be in a lender’s best interest to initiate a foreclosure against a borrower in default for a non-monetary term of the loan, it is nonetheless an option which remains available ...
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