Personal Loan News

17
Oct
Discover Personal Loan Borrowers Creating Cause for Concern

This past July, Discover released its second-quarter results. Although the company’s overall loan portfolio increased by eight percent, Discover shareholders immediately became concerned by the company’s credit risk and loan loss rates. This is nothing new for Discover, who dealt with similar fears at the end of quarter-one. Here are some of the biggest

Posted in: Personal Loan News,
16
Oct
Survey Offers Insight on Why Consumers Take Out Personal Loans

Discover Personal Loans recently conducted a survey of 2,000 consumers in order to gauge overall feelings about personal loan products. According to a Discover press release, the survey was commissioned by Discover and conducted by independent research firm Rasmussen Reports. The results shed some positive light on personal loans in general. According to the

Posted in: Personal Loan News,
10
Oct
Personal Loan Lender OneMain Holdings Up for Sale

According to Reuters, OneMain Holdings, Inc. is in the process of selling itself and running an auction for takeover bids. It is reportedly having discussions with a number of interested parties, including private equity firms and rival lenders. The values of certain bids are still unknown, but OneMain does have a current market value of $3.9 billion […]

Posted in: Personal Loan News,