CFO News

AUGUST 27, 2023

Some of the companies said that banks refused to remove the “defaulter” tag even after resolution, making it difficult for them to access loans. Wherever loans were available, the terms were a little tough.

Banking 52

Banking 52

PYMNTS

MAY 5, 2017

Consumer Credit: Auto lending is showing signs of concern with higher delinquency rates and defaults. The same might be seen in the student loan market — where young people are struggling to pay them off. Brexit: The price tag on this divorce is getting higher. That would outpace the 18 seen in all of 2016.

Retail 40

Retail Sales Startups Technology 40

PYMNTS

APRIL 26, 2016

The Royal Bank of Scotland is in hot water with small and medium-sized businesses, and reports on Monday (April 25) have put a price tag on those legal troubles. Reports said the bank is getting sued for $1.45 The claims hit the bank nearly three years ago, leading the U.K.

Restructuring 40

Restructuring Banking Finance B2B 40

PYMNTS

AUGUST 2, 2018

They rarely use credit cards, and only about 5 percent report having student loans. That meant, in a lot of cases, graduates five years out of school were still looking at massive debt mountains to climb and that missing a few loan payments here and there, and maybe even racking up some defaults, became a decided issue for many.

Education 40

Education Budgeting Banking Finance 40

PYMNTS

JANUARY 27, 2017

Lenders have been walking away from the properties, and loans are being liquidated — 11 percent more, in fact, in 2016 than had been seen the year earlier. One mall, outside of Pittsburgh, just sold at auction for $100 after the owner defaulted on its $143 million loan. McDonald’s (Foot Traffic Slides).

Economics 40

Economics Valuation eCommerce Forecasting 40

Barry Ritholtz

DECEMBER 20, 2022

He lent it, he borrowed it, he defaulted on it, and he had this great boutique out in California. Mexico defaults in ’8. Virtually, the entire region is in default by the end of the decade. Bank of America decided they wanted to sell their branch in Lima, Peru, and the price tag was a million dollars. RITHOLTZ: Sure.

Restructuring 60

Restructuring Investments Marketing Banking 60