Private credit is facing increased scrutiny. But what even is private credit? Why are people nervous? And, most importantly, why should you care?
Credit-card debt is soaring, interest rates on balances have moved into the 30% range on many cards, and delinquencies and bankruptcies are rising. The statistics are grim as consumers fight to keep ...
Consumers who don’t have enough of a credit history can suffer from having “thin” credit scores and profiles, which can negatively affect their chances of getting a loan, mortgage, credit card and ...
Artificial intelligence is adding a new layer of uncertainty to the private credit industry. The concerns center on how deeply private credit portfolios are tied to industries most exposed to ...
Private credit has surged in popularity since post-financial crisis regulations discouraged banks from serving riskier borrowers. JPMorgan Chase CEO Jamie Dimon warned after a pair of private ...
Credit unions present themselves as the "good guys," non-profit member-run organizations incapable of engaging in predatory financial services. While this is true for many, my research has uncovered ...