Lending

In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt, and is usually liable to pay interest on that debt until it is repaid, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown
January 21, 2019  |  Debt

The partial government shutdown, which is now in its fourth week with no sign of ending, is helping out at least two industries: pawn shops...

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Amex Misses In Q4 Amid Lending Write-Offs
Amex Misses In Q4 Amid Lending Write-Offs
January 18, 2019  |  Earnings

American Express posted earnings results on Thursday (Jan. 17) after markets closed that missed the Street, as merchant and services revenues were both below expectations, and write-offs...

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CFPB Asks Congress For Authority To Oversee Military Lending Act Compliance
CFPB Asks Congress For Authority To Oversee Military Lending Act Compliance
January 18, 2019  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has asked the United States Congress for the authority to supervise compliance of the Military Lending Act (MLA), the...

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UK Mortgages, Credit Demand To Decline Pre-Brexit
UK Mortgages, Credit Demand To Decline Pre-Brexit
January 17, 2019  |  International

British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve seen in many...

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Has Microlending Lived Up To The Hype?
Has Microlending Lived Up To The Hype?
January 16, 2019  |  Loans

Microlending – or small loans (less than a few hundred dollars) – has become a popular, buzzed-about method of poverty relief over the last few...

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Goldman’s Marcus Logs $35B In Deposits In 2018
Goldman’s Marcus Logs $35B In Deposits In 2018
January 16, 2019  |  Earnings

Goldman Sachs saw its latest quarterly results beat Street estimates, helped by a combination of investment banking-related activity – but also by strength in its...

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B2B Startups Ink $2.4B Despite Talk Of A Bubble
B2B Startups Ink $2.4B Despite Talk Of A Bubble
January 11, 2019  |  B2B Payments

PitchBook and the National Venture Capital Association (NVCA) released startling data on Thursday (Jan. 10) about the growth of venture capital (VC): Investors deployed almost $131...

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Chinese P2P Falls As Other Payment Ecosystems Expand
Chinese P2P Falls As Other Payment Ecosystems Expand
January 10, 2019  |  Ecosystems

Thanks to a nationwide crackdown on peer-to-peer (P2P) lending in China, a move that came after a series of multibillion dollar scams in that space...

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India’s Central Bank To Make Decision On Easing Lending Curbs
India’s Central Bank To Make Decision On Easing Lending Curbs
January 10, 2019  |  Regulation

The Reserve Bank of India (RBI) is in the process of reviewing the December quarterly results of state-owned banks to determine if lending restrictions will be...

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