tillful

MAY 31, 2023

If too many borrowers default on loans around the same time, lenders not only lose a sizable amount of their forecasted profits, but can also lose a portion of the money they loaned out. So, what causes a group of borrowers to default around the same time? As homeowners defaulted across the U.S.

Small Businesses 52

Small Businesses Credit Scoring Default Credit Unions 52

lsq

NOVEMBER 8, 2022

Seven-percent prime was last seen in December 2007. The risk of bankruptcy is likely to rise at all tiers within the supply chain but especially lower-tier suppliers. Simply put, higher interest rates drive tighter liquidity and high risk of defaults. That means a prime rate of 7.5 percent in 2023.

Bankruptcy 52

Bankruptcy Default Credit Risk 52

Fundera

JUNE 22, 2016

If you default on your “loan” with a pawnbroker, your credit score won’t report it—but technically, this is a form of alternative lending. In order to balance the scales out—so their businesses don’t fail when some of these riskier investments inevitably default on their loans—alternative lenders are forced to charge higher rates.

Credit Scoring 76

Credit Scoring Small Businesses Default Transactions 76