FinTech Rising

Reports at the intersection of money, banking, securities, and payments with digital technologies

consumer loans

An Approaching Crisis in Consumer Lending

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The past year’s been tumultuous for consumer loans – while almost every sector of the economy has been impacted in some way, federal moratoria on foreclosures and evictions in combination with mortgage forbearances have put a huge piece of consumer loan servicing on an indefinite hold, as deadlines have shifted from initial positions at the end of February to the end of June, … [Read more...] about An Approaching Crisis in Consumer Lending