2024-05-31 11:40:00 ET
Summary
- As banks continue to pare back financing activities, consumer lending is taking up more space in investors’ private credit allocations.
- With interest rates set to stay higher for longer, is now the right time to add exposure to consumer debt?
- Lenders have far less control over the direction of the economy than they do over loan underwriting. If growth slows and unemployment increases, losses may rise.
By P.J. Collins
When it comes to investing in consumer debt, headlines may be misleading. We see opportunity.
Read the full article on Seeking Alpha
For further details see:
Underwriting The Underwriters: Finding Opportunity In Consumer Loans