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Chicago Tribune

6.3 million Americans are 90 days late on their auto loan payments
Chicago Tribune
Many of the people who can't pay their car loans have bad credit scores — lower than 620 on an 800-point scale. They don't have many options to get money to buy a new or used car and often end up getting a subprime auto loan that comes with an ...
Inside CoreLogic's August 2017 Loan Performance Insights ReportBuilder Magazine

all 3 news articles »


European secondary loan prices succumb to volatility
Reuters
LONDON, Nov 17 (Reuters) - Average prices tumbled in Europe's secondary loan market this week, reflecting volatility in the high-yield bond market as investors retreated from the asset class after highly indebted 'junk' rated companies reported poor ...

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The Advocate

Charter acquires troubled loan for Stamford HQ
The Advocate
STAMFORD — Charter Communications has bought at a deep discount the distressed loan for the downtown building that houses its headquarters, a move that could lead to litigation by its landlord, which is also the note's borrower. The telecommunications ...

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Seeking Alpha

California Resources Corporation Supersizes Its New Term Loan
Seeking Alpha
We recently discussed California Resources Corporation's (NYSEMKT:CRC) new 2017 term loan, which when completed, will be used to refinance its 2014 Credit Facilities (2014 Credit Facilities includes a 2014 term loan and a 2015 Revolver).
California Resources Corporation Closes New $1.3 Billion Term LoanBusiness Wire (press release)

all 13 news articles »


CNBC

The surprising ways student loans can affect your sex life
CNBC
It turns out student loans can affect more than just your bank account; they can affect your libido, too. That's according to Student Loan Hero, which conducted a survey of more than 1,000 Americans with outstanding loan debt to see how the debt ...



Forbes

US Household Debt Reaches Record $13 Trillion: Watch Subprime Auto Loans
Forbes
As the stock market soars to new heights, new data shows that U.S. household debt has reached a record high. The Federal Reserve Bank of New York said Tuesday that household debt totaled $13 trillion in the third quarter ended September 30, an increase ...
Worrying signs in a $200 billion corner of the auto loan market ...Business Insider
Just Released: Auto Lending Keeps Pace as Delinquencies Mount in Auto Finance Sector Liberty Street EconomicsLiberty Street Economics - Federal Reserve Bank of New York

all 16 news articles »


The Advocate

Louisiana Congressmen Graves, Richmond target SBA loan headache for flood victims with new bill
The Advocate
Thibodeaux ended up turning down the loan — but a federal rule against so-called "duplication of benefits" means state officials running the federally funded Restore Louisiana grant program have still been forced to subtract the loan amount Thibodeaux ...



Forbes

How This 28-Year-Old Repaid $62000 Of Student Loans In 2 Years
Forbes
We discussed his path toward student loan repayment for his degree in sociology, with a focus on crime and justice, from Suffolk Univeristy in Boston. While LeSage has not repaid his debt in full, LeSage has repaid $62,000 of student loan debt in two ...



Daily Press

Airport commission to consider legal action on People Express loan
Daily Press
A state audit report was released on June 2 about the Newport News airport's use of $4.5 million of taxpayer funds to pay off People Express Airlines' bank loan from TowneBank. The audit also said there were two accounts of the former director ...



Crown Capital Announces Repayment of Loan by Medicure Inc.
Markets Insider
Crown arranged a $60.0 million, four-year term loan to Medicure in November 2016, of which Crown Capital Fund IV, LP ("Crown IV LP"), an investment fund managed by Crown in which Crown holds a 36.5% interest, advanced $30 million, with the remaining ...

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