Tuesday, September 26, 2023


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Gabrielle Coppola

TOTAL U.S. household debt rose 0.9% from the prior quarter to $13.67 trillion in the first three months of 2019, accompanying a slowdown in new mortgage debt. / BLOOMBERG NEWS FILE PHOTO.SCOTT MCINTYRE

Americans kept borrowing in first quarter as new mortgages eased

NEW YORK – Americans continued to take on debt in the first quarter, though new mortgage borrowing slowed to the weakest level since late...
THE NUMBER OF U.S. auto loans delinquent 90 days or more exceeded 7 million at the end of 2018. / BLOOMBERG NEWS

Late auto loans rise to record 7M in U.S. slowdown signal

NEW YORK - More Americans than ever are at least three months behind on their auto loans, a sign that the United States economy...

Subprime auto defaults are soaring, and PE firms have no way...

NEW YORK – Private equity firms that plunged headlong into subprime auto lending are discovering just how hard it might be to get out. A...
SANTANDER HOLDINGS COMPANY'S call center employees are seeking to unionize due alleged aggressive collections tactics. /BLOOMBERG FILE PHOTO/ANGEL NAVARRETE

Santander’s call-center workers bring union push to Washington

NEW YORK - Call-center workers at Santander Consumer USA Holdings Inc., concerned about what they deem aggressive collections tactics, are looking to unionize with...
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