Tag: defaults
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US consumer spending slowing, loan defaults rising amid high rates: Seth Freeman
Seth Freeman, Senior Managing Director at GlassRatner Advisory & Capital Group, LLC, said that the US consumer economy shows signs of weakness post-COVID.Freeman explained...
After five years of hiatus, US govt to start recovering student loans in defaults
Starting next month, the Education Department in the US says student loans that are in default will be referred for collections, reported Associated Press.Roughly...
Private banks struggle with higher small loan defaults, expected to continue until mid-2025
India's private banking sector anticipates an increase in small and personal loan defaults until at least the middle of 2025, say estimates based on...
