Borrowing – Business Insider Australia

Markets Apr. 5, 2021, 3:25 PM

People have stopped paying their car loans, and it shows millions are struggling in this economy

While the government has frozen student-loan interest and evictions, subprime auto borrowers are increasingly falling behind as the economy rebounds.

Markets May. 5, 2020, 9:43 PM

Jeff Gundlach questioned the point of taxes if ‘endless’ central bank borrowing is a ‘viable solution,’ in a stinging attack on the Fed

Billionaire bond investor Jeff Gundlach on Monday night criticised the Federal Reserve’s announcement that it will borrow nearly $US3 trillion in the next quarter, questioning the purpose of taxation if “endless” borrowing is viable. “If endless borrowing is a viable solution, why did we have any taxation in the first […]

Markets Jan. 25, 2020, 3:39 AM

Tens of millions of Americans expected to see lower credit scores following FICO change

FICO has made significant changes to the way the most widely used credit score in the nation is calculated. The new system will more strictly penalise borrowers with large amounts of debt or those who have fallen behind on loan payments. Tens of millions of Americans who have struggled to […]

Markets Feb. 14, 2019, 7:38 AM

Rising household debt in China could threaten growth and financial stability, Fed economists warn

Household debt in China has been rising over the last decade. It could pose risks to growth and financial stability, according to economists at the Federal Reserve Bank of New York. Beyond the second-largest economy, the situation could shed light on how credit booms in emerging markets may play out. […]

News Dec. 19, 2017, 7:42 PM

Corporate borrowing drives global debt issuance to a record $6.8 trillion in 2017

Corporate borrowing made up 55% of global debt issuance in 2017. A decade of low interest rates caused investors to look to emerging markets and company bonds for returns. LONDON – Corporate borrowing helped push global debt issuance to a record $US6.8 trillion this year, according to data by Dealogic. […]