credit

Younited Teams With Tink to Expand Instant Credit Offering
Younited Teams With Tink to Expand Instant Credit Offering
April 26, 2023  |  Partnerships

Younited is working with open banking platform Tink to expand instant credit in Europe. The partnership, announced Wednesday (April 26), uses Tink’s data integration and...

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Businesses Start to Feel Credit Pinch
Businesses Start to Feel Credit Pinch
April 21, 2023  |  Loans

Businesses are reportedly finding it increasingly difficult to access credit. The trend could lead companies to reduce their investments and slow their growth, Bloomberg reported...

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Synchrony and LG Air Conditioning Technologies to Develop Private-Label Credit Card
Synchrony and LG Air Conditioning Technologies to Develop Private-Label Credit Card
April 20, 2023  |  Partnerships

Synchrony and LG Air Conditioning Technologies have partnered to help LG’s dealers offer financing to consumers. The multiyear partnership of the consumer financing company and...

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Millennials Now 30% of Amex Card Volume
Millennials Now 30% of Amex Card Volume
April 20, 2023  |  Credit Cards

Spending is resilient, but it’s slowing. American Express posted first-quarter earnings results that showed some puts and takes, where spending, especially among younger cohorts, was...

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Repo Companies Predict Boom as Consumers Miss Car Payments
Repo Companies Predict Boom as Consumers Miss Car Payments
April 19, 2023  |  Economy

Repossession companies are reportedly preparing for a boom period as consumers struggle to pay bills. “As the economy curves down, our industry curves up,” says...

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FTC Sues Chargebacks911 and Alleges Use of Unfair Techniques
FTC Sues Chargebacks911 and Alleges Use of Unfair Techniques
April 12, 2023  |  Legal

Chargeback mitigation company Chargebacks911 has been sued by the Federal Trade Commission (FTC) and Florida. The lawsuit alleges that the company used unfair techniques on behalf of its clients...

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Bank of America Sees Slowing Credit and Debit Card Spend
Bank of America Sees Slowing Credit and Debit Card Spend
April 12, 2023  |  Economy

Household credit and debit card spending increased 0.1% in March compared to a year earlier. That is the slowest pace of card spending growth seen...

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Small Business Sentiment Dips Amid Borrowing and Hiring Troubles
Small Business Sentiment Dips Amid Borrowing and Hiring Troubles
April 11, 2023  |  SMBs

America’s small business owners are feeling fairly pessimistic about the future. The latest edition of the National Federation of Independent Businesses (NFIB) Small Business Optimism...

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CarMax Leans Into Omnichannel, Credit and Digital Self-Service to Steer Tough Course
CarMax Leans Into Omnichannel, Credit and Digital Self-Service to Steer Tough Course
April 11, 2023  |  Earnings

The used car market is seeking stability against ongoing macro headwinds, as seen in the fiscal 2023 fourth-quarter performance of CarMax, the nation’s largest used...

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