In 2023, the SBA cut lending fees to expand access to borrowers. Now it’s losing money on its flagship program.

(Reuters) -National Bank of Canada on Wednesday set aside larger than expected reserves for bad loans, signaling challenges ...

Defaulted loans in the country’s banking sector reached a record Tk 3,45,765 crore at the end of 2024 as toxic loans ...

Defaulted loans in the country’s banking sector reached a record Tk 345,765 crore at the end of 2024 as toxic loans increased ...

These loans give you a lump sum of cash and let you pay down your debt in regular, scheduled installments. But if you have bad credit, the peace of mind that comes with installment loans may seem ...

Non-performing assets in the microfinance sector soared to ₹50,000 crore at the end of December, reaching a 13% ratio of ...

The latest data indicates that around 12% of Americans have credit scores below 550, which makes obtaining credit from ...

Antoine Sallis was once rejected from getting a car loan because his credit score was 378. Now he's a multimillionaire with a ...

Non-performing loans at Thailand’s commercial banks dropped from a three-year high as a post-pandemic tourism recovery ...

Bank of Nova Scotia beat estimates as it benefited from lower funding costs after the country’s central bank cut interest ...

Global rating agency Fitch expects the new Ksh10 billion ($77.51 million) core capital requirements for Kenyan banks to help ...