Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a ...

Learn what a nonperforming asset is, how it affects lenders and borrowers, and discover strategies for asset recovery and ...

Lending is not an exact science. Even banks that adhere to meticulous guidelines risk being saddled with underperforming loans that hurt the balance sheet. The long-term consequences of carrying a ...