Banks are seeing a slide in demand for loans — at the same time that they’re tightening lending standards. And the pressures, as noted in the most recent Federal Reserve survey of loan officers through the “Senior Loan Officer Opinion Survey on Bank Lending Practices,” have impacted all manner of loan types, spanning commercial and
Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers. That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when a customer is actively seeking a loan and make them an offer of credit, Upstart said in a Thursday (April 25) news release. “In the current economic environment, lenders are
Primerica Household Budget Index™ – In February 2024, the average purchasing power for middle-income households was 101.2%, slightly down from 101.6% in January 2024. A year ago, the index stood at 95.9%. (Graphic: Business Wire) 60% say they are not saving enough for retirement DULUTH, Ga., April 09, 2024–(BUSINESS WIRE)–Primerica, Inc. (NYSE: PRI), a leading