“The primary purpose of a consumer loan is to be a financial management tool, to help solve challenges customers are having with revolving credit card debt or unforeseen expenses,” said Bruce Gehrke, ...

Falling interest rates and easing lending standards are brightening the outlook for the Zacks Consumer Loans industry. The Federal Reserve’s interest rate cuts and signs of decent economic growth are ...

The Zacks Consumer Loans industry continues to witness weakening asset quality. Also, though the Federal Reserve has started lowering rates, prospects of significant interest rate cuts are less on ...

Ally Financial upgraded to Buy: stronger Q4 results, solid liquidity/capital, and Fed rate cuts aiding loan growth. Click for ...

Americans are increasingly relying on personal loans to — at least temporarily — solve their financial woes. But is that a good idea? Many personal loan myths might deter you from this type of loan.