LONDON, May 22 (LPC) – A number of European direct lenders are opportunistically raising billions of high-yield funds to deploy to cash-hungry borrowers, taking advantage of the volatility caused by Covid-19. Pemberton, Hayfin and Arcmont Asset Management are among the direct lenders who raise funds in opportunistic funds that will …

A national auto loan company will pay New Jersey residents more than $2.5 million in restitution after a multistate investigation into its allegedly predatory lending practices, the state attorney general’s office announced Tuesday. A committee of six states, including New Jersey, investigated whether Santander Consumer USA, one of the nation’s …