Consumer Loan News Monitoring

SoFi's latest consumer loan ABS, raising $460 million, has higher earners

A pool of unsecured, fixed-rate consumer loans that SoFi Bank originated will secure $460 million in asset-backed securities from the SoFi Consumer Loan Program, 2026-4 Trust. SoFi Bank is preparing to sponsor the deal, which is slated to close on …

NBKI: banks issued 2.08 million consumer loans to Russians in August

AK&M 15 September 2026 17:59 The number of consumer loans issued in August 2026 increased to 2.08 million units from 2.07 million units. in July, that is, by 0.7%. This is reported in a press release from the National Bureau of Credit Histories. Most …

Truist Reshapes Lending Strategy with $5.5B Auto-Loan Sale

Truist Financial Corporation (NYSE:TFC) is selling $5.5 billion of auto loans as part of CEO Mike Lyons’ broader effort to reshape the bank around businesses that generate stronger and more consistent returns. The move follows Truist’s decision to reduce …

The Central Bank has established macroprudential allowances for banks' investments in bonds secured by proceeds from ...

AK&M 14 September 2026 16:05 Starting from October 15, 2026, the Bank of Russia establishes risk factor allowances for banks' investments in bonds secured by cash flows from consumer loans, including car loans, as well as for credit requirements …

Lee County Credit Union announces retirement of manager Kelly Fett

After 31 years of dedicated service, Lee County Credit Union is announcing the retirement of Kelly Fett, effective October 9. Kelly has been a familiar and trusted face at Lee County Credit Union, building relationships with members and helping guide the …

Milei’s Presidency at risk from stalling Argentina economy

A year out from President Javier Milei’s re-election bid, the economic recovery that underpinned his popularity is stalling. Gross domestic product shrank 0.6 percent in the second quarter from the previous three months, the first contraction in two years …

FINANCIAL FOCUS: Should you pay off debts or invest?

Some financial decisions can be challenging — like whether to use your money to reduce your debt or to invest. If you already have a significant amount of debt and not a lot in savings or investments, it can be hard to figure out which issue should be a …

After a year of rate holds, markets see BoC’s next meeting as a coin flip

Open this photo in gallery:BoC Governor Tiff Macklem speaks during the unveiling of a new $20 note in Ottawa this month. The central bank has held its policy rate steady for nearly a year, but traders increasingly believe it may hike in October.Justin Tang …

Odds of an interest rate hike from Bank of Canada this year have increased

Traders are increasingly betting that the Bank of Canada could end its string of interest rate holds and deliver a hike as early as next month. While many economists remain unconvinced that the central bank will raise the cost of borrowing this year, …

How the Fed’s Interest Rate Increase Affects Your Finances

The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday, though broader market forces have already elevated borrowing costs on mortgages and other consumer loans. It would be the first time in more than three …

2 Consumer Loan Stocks to Buy on Favorable Industry Dynamics

A higher-for-longer interest rate environment and easing lending standards are brightening the outlook for the Zacks Consumer Loans industry. The Federal Reserve has paused rate cuts and signaled a hike amid signs of higher inflation and a robust job …

Reach Financial's latest consumer loan ABS raises $440 million

A pool of consumer loans, including some extended to borrowers enrolled in debt relief programs, will secure $440 million in asset-backed securities (ABS) that will be issued to noteholders through the Reach ABS Trust 2026-3. Consumers enrolled in debt …

Unsecured consumer loans from Affirm will back $750 million in notes

Affirm, the San Francisco specialty finance company that provides point-of-sale unsecured consumer loans, usually non-revolving, is preparing to issue two series of notes through the Affirm Master Trust platform, raising a total of about $750 million. The …

Average interest rate on consumer loans drops significantly

The weighted average interest rate charged on new consumer loans dropped by 76 basis points to 6.72% during July, compared to the previous month, driven by a shift towards lower interest rate fixed rate lending, data from the Central Bank of Ireland shows …

UPI’s Free Ride Is Ending But The Bigger Story May Be India’s Search For Fiscal Room. Are India’s Banks Strong Enough ...

For more than six years, UPI has operated on a deceptively simple proposition: move money instantly, pay a merchant, scan a QR code and pay nothing extra for the transaction. That zero-cost model helped turn UPI from a digital payments experiment into the …

Consumers hit by one-two punch of oil and rates from Iran war. The estimated bill is $1,700 per household

Consumers are facing a double-whammy of jumping oil prices and Treasury yields amid the U.S. war with Iran that is leaving them increasingly cash-strapped. Crude prices reaccelerated in recent weeks as fighting between the U.S. and Iran has ramped back up …

Consumer loans are close to 7%: how much does it cost to finance 5,000 euros

The new consumer loans reached an average interest of 6.96% in July, compared to the 6.83% recorded in May. The increase affects a type of financing used for purchases, renovations, vehicles, and other expenses that households cannot or do not want to face …

VTB: the volume of consumer loans increased by 63%

Elevated Inflation Leads to Rate Hike

Today’s coastal Rhode Island weather — some sunshine and a high in the 70s — should make the opening day of the Newport International Boat Show a fine fall attraction, but the economic forecast for the autumn boat-selling season is clouded by rising …

KT Cap Consulting announced its partnership with Zeliy Engineering

Singapore based KT Cap Consulting (KTCC) is pleased to announce the signing of a Memorandum of Understanding (MoU) with Zeliy Engineering SINGAPORE, SINGAPORE, September 19, 2026 /⁨EINPresswire.com⁩/ -- KT Cap Consulting announced its partnership …

J. David Tax Law Opens Richmond, VA Tax Attorney Office for IRS and Virginia Tax Debt Resolution

Tax attorneys open downtown Richmond office to represent Central Virginia taxpayers facing IRS and Virginia Department of Taxation collection actions. RICHMOND, VA, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- J. David Tax Law has …

Concierge Auctions: September Auction Line Up Ahead of Hong Kong Global Sale with US$140M in Marquee Properties

High-profile collection spanning nine US states and France comprises this month’s auction lineup NEW YORK, NY, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- Concierge Auctions presents more than US$140 million in luxury real estate …

Financial Services Companies Present Live at the September 24 Virtual Investor Conference

Live Presentations and Q&A Across Community and Regional Banking, Wealth Management, Logistics Real Estate, and Bitcoin Treasury OTC Markets Group Inc. (OTCQX:OTCM) NEW YORK, NY, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- B2i …

DataMeds AI Litigation Settlement Extinguishes ~$19 million In Liabilities and Retires 364,099 Common Shares

DataMeds AI, Inc. (NASDAQ:MEDS) TAMPA, FL, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- DataMeds AI, Inc. (NASDAQ:MEDS) ("DataMeds AI," "DataMEDS," or the "Company"), a healthcare company leveraging its …

Accurant International Acquires 60Hertz Energy, Expanding Its Asset Management Capabilities Across the Energy Transition

Accurant International announces that it has completed the acquisition of 60Hertz, a leading CMMS provider serving generation assets & utility infrastructure. BAINBRIDGE ISLAND, WA, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- …

Lakewood-Amedex Announces IRB Approval to Initiate Phase 2a Clinical Trial of Nu-3 for Infected Diabetic Foot Ulcers

Lakewood-Amedex Biotherapeutics Inc. (NASDAQ:LABT) SARASOTA, FL, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- Lakewood-Amedex Biotherapeutics Inc. (NASDAQ: LABT, the "Company"), a clinical-stage biotechnology company …

aiTrate Capital Connects Award Winning Quantitative Technology With Clearly Structured Financial Instruments

AMBER GEM TOW, AJMAN, UNITED ARAB EMIRATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- aiTrate Capital FZE LLC, the financing vehicle and issuer within the NARRUX and aiTrate Group, is using the Financial Company of Excellence Award received by …

Virtú Investments acquires Realm, a 27-unit Class A community in Menlo Park, California

MENLO PARK, CA, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- Virtú Investments ("Virtú"), an owner-operated multifamily investment manager of nearly 30 years, today announced the acquisition of Realm Apartments, a 27-unit Class A …

'On The Record with Christian Briggs' Reaches Top 10% of Podcasts Worldwide

SAN JUAN, PUERTO RICO, September 18, 2026 /⁨EINPresswire.com⁩/ -- “On The Record with Christian Briggs” Reaches Top 10% of Podcasts Worldwide Economics and financial-policy program expands its audience across Apple Podcasts and other major …

AngelAi shines at the NAHREP Avance Global 2026 with Groundbreaking 'Loan Officer of the Future' Robot Demonstration

By blending visionary data processing with a real, interactive robotic presence, Pavan Agarwal and AngelAi delivered a view of an automated financial future. LAS VEGAS, UT, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- As thousands of …

Nutriventia Secures Strategic Growth Investment from NDude Labs to Accelerate Global Expansion

Capital will fund clinical R&D, scale branded ingredients portfolio and proprietary delivery platform, and establish dedicated US commercial operations. MUMBAI, MAHARASHTRA, INDIA, September 18, 2026 /⁨EINPresswire.com⁩/ -- Nutriventia Private …

MaxiSend launches mobile app, bringing 25 years of trusted service to customers' phones

New app lets customers send and track transfers in one place, backed by the agent network that has served communities for a quarter century IRVING, TX, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- MaxiSend has launched a new mobile …

Bidding Officially Opens at $7M for Historic 151-Acre Legacy Property, “Renamor,” Tuxedo Park’s Largest Estate

French Provincial estate just 50 minutes north of Manhattan will sell at Concierge Auctions’ Hong Kong Global Sale NEW YORK, NY, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- Concierge Auctions today announced that bidding is now …

Indigenous Clean Energy Fund Commits Nearly $6M to 20 Tribal-Led Projects, Catalyzing Over $200M in Additional Capital

First portfolio-wide look at the Indigenous Power & Light Fund shows $4.7M deployed and $1.2M more approved, advancing energy sovereignty across nine states WASHINGTON, DC, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- In its first …

Charleston Broker Jason Sharon to Teach VA Loan Problem-Solving at AIME Fuse 2026

More than 1,000 independent mortgage brokers will hear how to close VA files derailed by difficult credit, variable income and appraisal problems. CHARLESTON, SC, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- NORTH CHARLESTON, S.C., …

Best Tax Advisors in Tbilisi, Georgia 2026: 5 Options Compared, TaxConsultant.ge Ranked First

TbilisiExperts.ge evaluated 24 tax advisors and listed 11. TaxConsultant.ge, whose founder spent six years at the Revenue Service of Georgia, ranks first. TBILISI, GEORGIA, September 18, 2026 /⁨EINPresswire.com⁩/ -- Twenty-four tax advisors serving …

AmeriSouth Founder Ruel Hamilton Positions Company for Acquisitions Following $8M Refinancing of Good Haven Apartments

After several years as a net seller, the owner-operator Ruel Hamilton is moving back toward acquisitions with a focus on Texas workforce and affordable housing. DALLAS, TX, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- AmeriSouth, the …

Breezes Bahamas Brings Affordable All-Inclusive Caribbean Vacations Within Reach

From “Will You?” to “I Do”: Celebrate Love on Nassau's Cable Beach NASSAU, NEW PROVIDENCE, BAHAMAS, September 18, 2026 /⁨EINPresswire.com⁩/ -- White sand beneath your feet. Turquoise water stretching toward the horizon. The person you love …

RockDove Solutions Introduces In Case of Crisis AI, the AI Crisis Assistant That Doesn't Improvise

The Model Context Protocol (MCP) connector returns an organization's approved emergency procedures, as written, inside the AI assistant that employees use. WASHINGTON, DC, UNITED STATES, September 18, 2026 /⁨EINPresswire.com⁩/ -- RockDove …