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The report found that bank lending volume fell in the most recent quarter, driven by decreases in commercial and industrial lending.
The costs for Black borrowers to pursue a college have been growing exponentially.
The law is meant to demand that when banks take deposits from a particular area, they also make loans there.
Lenders will not have to verify whether borrowers have the ability to pay back high-interest loans
The arrangement would allow minority-owned lenders to take PPP loans off of their balance sheets.
Some farmers are “quietly exiting” because they can’t make a profit.
New car sales have been high for the past few years, and that means there are a lot more car loans out there. There are a lot more delinquent ones, too. According to a report from the New York Federal Reserve, 7 million borrowers are at least 90 days late on their payments, the highest […]
You know Dasher and Dancer and Prancer and Vixen. How about the International Monetary Fund? The global financial lender is about to deliver to Ukraine the first installment of almost $4 billion in low-interest loans approved last week. It’s a complicated Christmas present, and there are conditions attached. Click the audio player above to hear […]