Soured loans held by Philippine banks as a ratio of total credit eased to their lowest level in a year by the end of 2024 as ...
The latest data indicates that around 12% of Americans have credit scores below 550, which makes obtaining credit from ...
Most personal loan terms have a one-year minimum, but that may still be too long for your liking. If you need a loan you can pay back quickly, such as for an unexpected expense, there are short ...
These loans are categorized as high-risk assets because they indicate a borrower’s diminished ability or willingness to meet their financial obligations. The share of bad debts to the total ...
Those that have kept their bad loan ratios relatively low, on the other hand, have expanded to other financial sectors, such as digital banking and multifinance, to boost lending growth and hit ...
Interest rates for personal loans in Canada can swing widely based on a person’s credit score and the lender’s specific credit criteria. With a bad or poor credit standing, you might not snag ...
This was the lowest NPL ratio since the 3.24% posted in December 2023. BSP data showed the amount of bad loans declined by 3.9% to P500.3 billion as of end-December from P520.5 billion a month earlier ...
As a result of its growing bad-loan problem, the NBFC's gross non-performing assets are seeing an upward trend again ...
Entrepreneurs must focus on sustainable growth without suffocating their progress with liabilities that come with borrowing.