Loans

Loans
Mexican FinTech Uses DeFi to Provide Collateral-Free Loans to Small Businesses
February 04, 2022

A Mexican lender is taking DeFi borrowing beyond crypto and into the broader financial market, extending $40 million in credit lines to small business customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Loans
Looming Rate Increases Pose New Challenges — and Opportunities — for Lenders
January 28, 2022

With 2021 done, 2022 looms as a landscape of challenge and opportunity for financial services providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

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Rocket’s Truebill Acquisition Aimed at Getting Beyond ‘Episodic’ Mortgage Relationships
January 04, 2022

When the parent of Rocket Mortgage announced late last month it was spending roughly $1.3 billion in cash to purchase the personal finance site Truebill and its 2.5 million users, it was touted as a way to accelerate Rockets’ vision to “help clients in complex moments”...

Loans
DeFi Lending Protocol Aave Takes Real World Assets As Collateral
December 28, 2021

For all the talk of DeFi changing the financial world forever, the reality is that decentralized finance is largely a closed system. For the most part, cryptocurrency owners put up their crypto as collateral for loans in dollar-pegged stablecoins, then use them to invest in...

Loans
Biden Extends Student Loan Pause Until May
December 22, 2021

The Biden Administration has given student loan borrowers an early Christmas present, extending the pause on payments until May 1.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Student Loan Payment ‘Restart’ Adds Pressure for Paycheck-to-Paycheck Consumers 
December 17, 2021

February 2022 looms as a red-letter month for individuals and consumers with student loans – and, by extension, signals pressure for paycheck-to-paycheck consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Loans
Car Loans Marketplace Advances Automotive Commerce Across Africa
December 08, 2021

Leading auto loan services platform Autochek Africa has announced the launch of a dedicated brand-new cars section on its website and mobile app, allowing customers in East and West Africa to access a variety of digital financing options to purchase new cars and trucks from reputable...

Loans
Balloon Payments Making a Comeback in Auto Sector as Car Prices Keep Accelerating
December 07, 2021

For all the trouble balloon payments caused in the housing crash of 2008, used properly, such loan terms can be a viable option for lowering monthly payments, especially on costly cars. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Loans
Personal Loan App Provider Ranking Gains a New Member and Sees the Leader Achieve a Perfect...
December 06, 2021

Whatever your plans for a loan, you want to make sure the lender is one that’s right for you and their app is one that can get the job done.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...