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 ...

Small Business Administration (SBA) microloans are ideal for those with bad credit as they often have less strict eligibility requirements than other government-backed loans and still offer lower ...

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

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 ...

EXCLUSIVE: A top Ukrainian banker told the Express that Russian firms are being hit by a double whammy of expensive loans and ...

Financial experts have called on the Central Bank of Nigeria (CBN) to prosecute bank directors with non-performing loans, rather than ...