Credit and corporate debt articles
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Corporate debt defaults rose steeply in 2023
S&P Global Ratings found there's also a rise in companies that default multiple times.
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Banks Report Lending Slows as Corporate Borrowers Pay Down Debt
The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16) that lending was “sluggish” and the latter saying its lending dropped 1%, the Financial Times (FT) reported Tuesday. With their earnings reports released Tuesday, they joined three other top banks — Citigroup, JPMorgan Chase and Wells […]
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Should I Freeze My Credit With the Other Credit Bureaus?
When it comes to protecting your finances, money expert Clark Howard is all in on freezing your credit. “A credit freeze is the best way to protect yourself from identity thieves,” says Clark. At Clark.com, we want to make it as easy as possible for you to safeguard your credit and your money at all […]