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News Headlines - Consumer Credit


Consumer credit growth slows to nearly six-year low in April
Consumer borrowing decelerated in April to the smallest increase in almost six years, suggesting an expected rebound in spending in the second quarter may not be as robust as hoped. Total consumer credit rose $8.2 billion in April to a seasonally ...
Consumer Credit Flops And Why This Is A Big ProblemSeeking Alpha
US Consumer Credit Increases by $8.20 Billion in AprilFox Business
US Consumer Credit Rises Much Less Than Expected In AprilNasdaq
The Mercury News -ABC News
all 8 news articles »

ABA Banking Journal (blog)

Consumer Credit Growth Slowed in April | ABA Banking Journal
ABA Banking Journal (blog)
Consumer credit increased at a seasonally adjusted annual rate of 2.6% in April, down from a revised 6.2% rate in March. Total outstanding credit increased ...
U.S. consumer credit growth undershoots expectations in April, but ...EconoTimes

all 3 news articles »


Provident Financial Warns Consumer Credit Pre-exceptional Profit To Drop
Markets Insider
(RTTNews) - Provident Financial plc. (PFG.L) warned that impact of higher operational disruption on collections performance and sales is forecast to reduce the 2017 pre-exceptional profits from the Consumer Credit Division to around 60 million pounds ...
Provident Financial tanks as it warns over consumer credit divisionDIGITALLOOK
Provident Financial takes £750m hit as shares plunge on profit warningTelegraph.co.uk
Provident Financial shares plunge as home credit shake-up hits profitsBelfast Telegraph
BBC News -Reuters -Zacks Investment Research
all 137 news articles »

Visa could react to consumer credit report
Payment processor Visa ( V ) has surged 20.9% on the year, as strong consumer confidence continues to drive the stock higher. On June 7, the April Consumer Credit Report will be released, and a strong reading would drive shares even higher.


U.K. Credit Binge May Spur BOE's Carney to Rein in Exuberance ...
Twelve months ago, Mark Carney reassured a nation going into political paralysis following the Brexit vote that the Bank of England stood ready to flood the ...

and more »

Today's Headlines: Consumer Credit Slows In April - Houston ...
President Trump's economic plan hinges on an economic growth rate near 4%, and markets so far are expecting him to be able to deliver at least partially on his ...

and more »

Times of Malta ‒ Regulation of consumer credit
Times of Malta
Consumer credit refers to credit that is advanced to consumers when purchasing goods or services, the most common form of which is a credit card. Consumer ...

and more »

BNP Paribas buys consumer credit business in Sweden | Reuters
BNP Paribas Personal Finance has bought SevenDay Finans AB, a Swedish consumer credit business, part of plans to expand in the region in personal finance.

and more »

Maine Amends Consumer Credit Code to Regulate Mortgage Loan Servicers
Lexology (registration)
On May 30, Maine Governor Paul LePage signed into law S.P. 444, which amends the state's Consumer Credit Code to improve the mortgage foreclosure process by regulating mortgage loan servicers. Under the Consumer Credit Code, “creditors” must be ...

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