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Higher education
fromwww.businessinsider.com
3 days ago

Millions of student-loan borrowers risk being driven into a 'shadow' market of costly private lenders, a new report says

Risky lending products may increase as federal student-loan repayment changes could push borrowers towards subprime lenders.
from24/7 Wall St.
5 months ago

Jamie Dimon Delivers A Harsh Statement

JPMorgan CEO Jamie Dimon has issued a warning about hidden financial risks as signs of deeper cracks begin to emerge in the credit markets. Dimon cited recent bankruptcies like Tricolor and First Brands as potential signals of broader instability, likening the situation to seeing "one cockroach" and knowing there are more. Among Dimon's concerns are over-leveraged subprime borrowers, particularly in auto loans and credit cards, where asset values no longer match outstanding debt.
Business
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