Subprime borrowers fuel surge in personal loans, TransUnion finds
Many Americans are borrowing and incurring debt to keep up with rising costs for basic necessities, such as groceries, rent and…
Tag: Subprime
Tricolor execs at subprime auto lender charged with ‘systematic fraud’
A Tricolor dealership in Mesa, Arizona, US, on Wednesday, Sept. 24, 2025. Mark Felix | Bloomberg | Getty Images U.S.…
Investors Shudder at AI-Powered Lender to Subprime Borrowers
The price of Pagaya’s recently issued bond has dropped more than 12 cents since September www.bloomberg.com #Investors #Shudder #AIPowered #Lender…
Subprime Lender PrimaLend’s Creditors Eye Bankruptcy Push
Creditors of PrimaLend, which provides financing to auto dealerships that cater to subprime borrowers, are weighing pushing the firm into…
A major subprime auto lender suddenly collapsed — raising concerns about the industry. How it could impact borrowers
Subprime auto loans — loans for borrowers with bad credit or no credit history to help them buy a car…
The AI bubble is 17 times the size of the dot-com frenzy — and four times subprime, this analyst argues
A research firm is arguing snot just that AI is in a bubble, but one 17 times size the dot-com…
Fed's Cook Sees Signs of Stress in Subprime Borrowers
Federal Reserve Governor Lisa Cook says the economic vulnerabilities from overall household borrowing are moderate. Speaking at the Seventh Annual…