Carvana plans $1 billion debt swap to restructure balance sheet
Carvana Co. said it’s offering to exchange up to $1 billion of bond principal at below-par prices as the struggling ...
Tag: debt
Interest Rates, Labor Constraints Threaten to Derail Near-Historic Expansion, Economist Says
© Can Stock Photo / focalpoint LAS VEGAS — Shifting monetary policy, a tight labor market, and a host of ...
Lender Halts Originations Amid Florida Attorney General Investigation
Marlin Financial, a Miami-based auto lender, stopped originating auto loans on Sept. 26, as the company undergoes changes to its ...
8 Tips for Improving Collection Practices
Delinquencies continue to climb to levels unseen since the financial crisis, which is why many lenders are focused on improving ...
It’s Time to Integrate Collections and Recovery Systems, FICO Says
Nowadays, managing a collection system and a recovery system separately proves difficult, according to a webinar hosted by FICO yesterday. ...
