Showing 1 to 12 of 16 results
Klarna's US Stock Debut and Expansion Plans Amid Buy Now, Pay Later Scrutiny
Klarna, a Swedish buy now, pay later company, debuted on the US stock market with a $16 billion valuation, but faces scrutiny over its expansion plans and potential for consumer debt.
Klarna's US Stock Debut and Expansion Plans Amid Buy Now, Pay Later Scrutiny
Klarna, a Swedish buy now, pay later company, debuted on the US stock market with a $16 billion valuation, but faces scrutiny over its expansion plans and potential for consumer debt.
Progress
24% Bias Score
Spreading Credit Cracks Signal Recession Risk
Rising consumer credit delinquencies, impacting mortgages, auto loans, and credit cards, signal a broadening credit crisis as lenders tighten standards and defaults increase, potentially foreshadowing a recession.
Spreading Credit Cracks Signal Recession Risk
Rising consumer credit delinquencies, impacting mortgages, auto loans, and credit cards, signal a broadening credit crisis as lenders tighten standards and defaults increase, potentially foreshadowing a recession.
Progress
56% Bias Score
Soaring Auto Loan Delinquencies Signal Widespread Financial Distress
Rising auto loan delinquencies, particularly among subprime borrowers, have reached a 15-year high, exceeding 2009 levels and signaling increased financial stress among consumers; LendingTree reports 5.1% of Americans are delinquent, with many significantly overdue.
Soaring Auto Loan Delinquencies Signal Widespread Financial Distress
Rising auto loan delinquencies, particularly among subprime borrowers, have reached a 15-year high, exceeding 2009 levels and signaling increased financial stress among consumers; LendingTree reports 5.1% of Americans are delinquent, with many significantly overdue.
Progress
56% Bias Score
Dutch Court Rules Klarna's Late Fees Illegal
A Dutch court ruled that Klarna's late payment fees constitute consumer credit, violating lending regulations by failing to warn customers or assess repayment ability; Klarna must refund these fees, impacting thousands of customers and potentially setting a precedent for the industry.
Dutch Court Rules Klarna's Late Fees Illegal
A Dutch court ruled that Klarna's late payment fees constitute consumer credit, violating lending regulations by failing to warn customers or assess repayment ability; Klarna must refund these fees, impacting thousands of customers and potentially setting a precedent for the industry.
Progress
32% Bias Score
Average Decent Salary in Russia: 204,000 Rubles vs. 89,000 Reality
A survey of 10,636 readers of the Komsomolskaya Pravda newspaper shows that the average Russian considers a 204,000 ruble salary to be "decent," significantly higher than the national average of 89,000 rubles, highlighting a growing gap between income expectations and reality.
Average Decent Salary in Russia: 204,000 Rubles vs. 89,000 Reality
A survey of 10,636 readers of the Komsomolskaya Pravda newspaper shows that the average Russian considers a 204,000 ruble salary to be "decent," significantly higher than the national average of 89,000 rubles, highlighting a growing gap between income expectations and reality.
Progress
44% Bias Score
Record Low Loan Approvals in Russia Amidst Strict Credit Policies
Russian banks approved only 4% of consumer loan applications in February 2025—a record low—while applications increased by 89% year-on-year due to the Central Bank's 21% key rate and strict lending criteria, impacting both consumer and mortgage loans.
Record Low Loan Approvals in Russia Amidst Strict Credit Policies
Russian banks approved only 4% of consumer loan applications in February 2025—a record low—while applications increased by 89% year-on-year due to the Central Bank's 21% key rate and strict lending criteria, impacting both consumer and mortgage loans.
Progress
44% Bias Score
Tightening Credit in Russia Fuels Rise of Illegal Lending
Amidst a \$462 billion debt burden in Russia, with delinquent loans exceeding \$18.7 billion, and stricter lending regulations, a growing number of consumers are turning to illegal lenders, driven by factors such as personal bankruptcies and returning soldiers facing reduced income, despite the risk...
Tightening Credit in Russia Fuels Rise of Illegal Lending
Amidst a \$462 billion debt burden in Russia, with delinquent loans exceeding \$18.7 billion, and stricter lending regulations, a growing number of consumers are turning to illegal lenders, driven by factors such as personal bankruptcies and returning soldiers facing reduced income, despite the risk...
Progress
48% Bias Score
Spanish Consumer Credit Contracts Amidst Geopolitical Uncertainty
Spain saw a 2% decrease in consumer credit in 2024 (€28.511 billion total) due to geopolitical uncertainty and rising interest rates, though lending for certain sectors like vacations and home improvements increased; mortgage foreclosures are also on the rise.
Spanish Consumer Credit Contracts Amidst Geopolitical Uncertainty
Spain saw a 2% decrease in consumer credit in 2024 (€28.511 billion total) due to geopolitical uncertainty and rising interest rates, though lending for certain sectors like vacations and home improvements increased; mortgage foreclosures are also on the rise.
Progress
36% Bias Score
High Credit Card Debt? Four Consolidation Strategies to Explore Now
Recent data shows a decline in credit card debt balances; however, high interest rates necessitate immediate action for those with high balances. Four key strategies include acting now, shopping around for lenders, determining the right approach (DIY or debt relief company), and exploring home equit...
High Credit Card Debt? Four Consolidation Strategies to Explore Now
Recent data shows a decline in credit card debt balances; however, high interest rates necessitate immediate action for those with high balances. Four key strategies include acting now, shopping around for lenders, determining the right approach (DIY or debt relief company), and exploring home equit...
Progress
44% Bias Score
Multiple Takeover Bids for UK Consumer Credit Firm NewDay
NewDay, a British consumer credit firm owned by Cinven and CVC Capital Partners, is receiving takeover bids from major financial investors, including Pimco, KKR, and a Bain Capital-led consortium, after its recent acquisition of Argos's store card business for £720 million.
Multiple Takeover Bids for UK Consumer Credit Firm NewDay
NewDay, a British consumer credit firm owned by Cinven and CVC Capital Partners, is receiving takeover bids from major financial investors, including Pimco, KKR, and a Bain Capital-led consortium, after its recent acquisition of Argos's store card business for £720 million.
Progress
44% Bias Score
Record High in Spanish Consumer Loan Demand
Driven by low ECB interest rates (2.5%) and increased vacation planning, Spanish consumer loan demand reached a record high of 34.80% in early 2025, up 4.60% from 2024, exceeding the previous high of 30.20% in 2024 and more than doubling from the pandemic low of 14.20% in 2020.
Record High in Spanish Consumer Loan Demand
Driven by low ECB interest rates (2.5%) and increased vacation planning, Spanish consumer loan demand reached a record high of 34.80% in early 2025, up 4.60% from 2024, exceeding the previous high of 30.20% in 2024 and more than doubling from the pandemic low of 14.20% in 2020.
Progress
36% Bias Score
Turkish Central Bank Rate Cuts Yield Mixed Results for Auto Loans
Following a 500 basis-point interest rate reduction by the Turkish Central Bank, resulting in a 45 percent policy rate, Turkish banks have slightly lowered auto loan rates, though these differ based on loan terms; for example, a 250,000 TL loan has varying monthly payments and total costs across 12,...
Turkish Central Bank Rate Cuts Yield Mixed Results for Auto Loans
Following a 500 basis-point interest rate reduction by the Turkish Central Bank, resulting in a 45 percent policy rate, Turkish banks have slightly lowered auto loan rates, though these differ based on loan terms; for example, a 250,000 TL loan has varying monthly payments and total costs across 12,...
Progress
32% Bias Score
Showing 1 to 12 of 16 results