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Millennial Delinquency Rising, Fintech Earnings and Regulatory News
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Millennial Delinquency Rising, Fintech Earnings and Regulatory News

Millennial Delinquency Rising, Fintech Earnings and Regulatory News

Todd Anderson·
FintechNews RoundupUSA
·May. 20, 2019·1 min read

In this week’s PeerIQ Industry Update they cover the troubling data of millennial delinquency rising significantly higher than older borrowers; overall the U.S. economy is continuing to show signs that it is in the late stage of the economic cycle; the OCC is discussing a potential fix to valid when made issue which impacts the Madden decision and the lawsuit by the NYDFS is having a detrimental effect on charter applications; fintech earnings was a mixed bag with most lenders showing revenue growth and some saw the pace of loan growth slowing from year over year; PeerIQ examines earnings in detail for Enova, GreenSky, LendingClub, OnDeck and OneMain. Source.

  • Todd Anderson
    Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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