LG, the credit-card issuer with the worst record for defaulting borrowers.

ECONOMIST: Chinese banks

There are record numbers of student borrowers in financial distress, according to federal data.

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Banks hold record reserves rather than lend to risky borrowers.

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Today it is no surprise we are seeing record foreclosures and bankruptcies due to the economy that started when borrowers could no longer afford their payments.

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Mr Carr wants third-party assistance for borrowers: people who can review loan agreements, advise on how to build a credit record and warn against particular lenders.

ECONOMIST: Lawmakers, state and federal, are mounting an attack