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  • Aug 27- Education Management Corp said it would undertake a financial restructuring that would reduce its debt by about $1.1 billion and would seek a waiver of all financial covenants through June under an amendment to its credit facility.

  • Beware of ‘pension predators’ promising quick cash Thursday, 21 Aug 2014 | 11:57 AM ET

    Government agencies are warning that signing over your pension for several years is often not worth a quick cash loan.

  • Q2 auto loan trouble     Wednesday, 20 Aug 2014 | 1:01 PM ET

    CNBC's Phil LeBeau says subprime auto loans surged in Q2, according to Experian.

  • Does corporate Asia face reckoning as rates rise? Monday, 18 Aug 2014 | 6:29 PM ET

    Corporate Asia has taken advantage of ultra-low interest rates, loading up on debt, but with rates set to rise, there may be risks ahead.

  • US auto loans hit 8-year high, fueled by subprime Thursday, 14 Aug 2014 | 2:47 PM ET
    A customer looks at a sale price tag for a Cadillac Escalade Hybrid at a dealership in San Francisco.

    Auto loans jumped this spring, fueled by a big increase in lending to risky borrowers, according to a new report by the New York Fed.

  • New York charges 'exploitative' payday lenders Tuesday, 12 Aug 2014 | 9:23 AM ET
    Manhattan District Attorney Cyrus Vance Jr. speaks during a news conference in midtown Manhattan in New York.

    The indictment offers a detailed look at the mechanics of the multibillion-dollar payday loan industry.

  • Credit score change could set up consumers to fail Monday, 11 Aug 2014 | 8:24 AM ET

    The mortgage crisis was launched in part by lenders offering credit to those they probably shouldn't, the Fiscal Times reports.

  • US subpoenas GM Financial over subprime loans Monday, 4 Aug 2014 | 12:40 PM ET
    A General Motors logo at the General Motors Technical Center, June 5, 2014 in Warren, Michigan.

    GM received a subpoena from the US Department of Justice requesting information about the company's use of subprime automobile loan contracts.

  • MOSCOW, Aug 4- Russia's Uralkali, the world's largest potash producer, has signed an agreement with Promsvyazbank to open a $250 million credit line with a 10- year payback period, the company said on Monday.

  • LendingTree: An original dot-com darling grows up Sunday, 3 Aug 2014 | 1:00 PM ET

    LendingTree has seen it all. Dot-com boom and bust. A housing bubble that was great until it wasn't. But it's still going—and maybe growing.

  • NEW YORK, July 31- Banks gave Puerto Rico's electric power authority a two-week extension on $671 million in revolving loan facilities on Thursday as the troubled authority negotiates with creditors over its vital near-term cash needs. Of that, $146 million was due to Citigroup Inc on Thursday.

  • Paypal founder Levchin banks on Affirm     Wednesday, 30 Jul 2014 | 11:30 AM ET

    CNBC's Josh Lipton speaks to PayPal co-founder and serial entrepreneur Max Levchin, about his new lending service start-up Affirm, an alternative to banks for lending.

  • Blooming bubbles in credit bear an eerie similarity Friday, 25 Jul 2014 | 8:13 AM ET

    This time it is auto loans, not the housing market, that appear to be driving a credit bubble similar to the 2008 bubble. FT reports.

  • How big banks are courting the 'unbanked' Wednesday, 23 Jul 2014 | 8:47 AM ET

    For banks working on their post-financial crisis image, catering to poor clients may lead to good will from regulators, the NYT reports.

  • *U.S. imposes toughest Russia sanctions yet over Ukraine. LONDON, July 17- New U.S. sanctions imposed on Russia for its actions in Ukraine will make it more difficult for Russian companies to refinance existing international loans and has dashed hopes that Russia's syndicated loan market is reopening, bankers said on Thursday.

  • *U.S. imposes toughest Russia sanctions yet over Ukraine. LONDON, July 17- New U.S. sanctions imposed on Russia for its actions in Ukraine will make it more difficult for Russian companies to refinance existing international loans and has dashed hopes that Russia's syndicated loan market is reopening, bankers said on Thursday.

  • Is this the new gauge of bank performance? Wednesday, 16 Jul 2014 | 3:18 PM ET
    A Bank of America branch is shown in New York's Times Square.

    For the first time in recent memory, financials investors are judging bank earnings by Main Street borrowing versus Wall Street trading.

  • Don't be afraid of bank loan play: Expert     Monday, 7 Jul 2014 | 7:53 AM ET

    Mark Okada, Highland Capital, reveals where he is finding opportunity in bank loans.

  • Bank of America to lower threshold for rewards Monday, 23 Jun 2014 | 5:31 AM ET
    Bank of America

    Bank of America will announce it will lower the threshold for consumers who qualify for discounts on loans and other benefits.

  • June 16- Payment processor Wex Inc said it would buy privately held peer Evolution1 for $532.5 million in cash to strengthen its position in the healthcare payment processing market. The deal, expected to close in the third quarter, would be funded through cash on hand and existing credit facility, Wex said in a statement on Monday.