consumer lending

US Bank Earnings Rose 21 Percent in Q2, Lending Up

U.S. bank earnings rose 21 percent in the April-June quarter and lending to consumers increased, adding to evidence that the industry is strengthening four years after the financial crisis.

Either a Borrower or a Lender Be: Why P2P Lending Keeps Growing

It's unlikely that random people will just give you the money you need to float you through your ordinary fiscal troubles. But they might make you a loan. Peer-to-peer lending, where borrowers bypass big banks and get loans directly from other individuals, is getting bigger all the time.

Smaller Loan Losses Lift Bank Earnings

Bank of America, Citi and JPMorgan Chase beat earnings projections, despite a drop in investment banking and trading income. Results were buoyed by lower losses on loans and credit cards and resulting cuts in loan reserves.

Car Dealers to Congress:
No Oversight, Please

The nation's car dealers are lobbying Congress to cut them a bargain in the new financial reform bill. Their aim -- to keep auto loans outside the purview of the new agency being created to protect consumers from financial services firms' abusive practices.