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

Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up

Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
July 14, 2017  |  Earnings

Wells Fargo, trying to bounce back from a scandal involving falsified accounts, and any number of hits to its reputation since late 2016, posted results...

READ MORE >
JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
JPMorgan Chase Opens Earnings Season With Card Loan Growth, Mobile Additions
July 14, 2017  |  Earnings

JPMorgan Chase posted results that helped kick off earnings season Friday morning. The firm showed traction in its loan book, mobile efforts and credit card...

READ MORE >
Logistics Services And Lending Services Bow Via MercadoLibre
Logistics Services And Lending Services Bow Via MercadoLibre
July 12, 2017  |  International

MercadoLibre, the online marketplace serving Argentina, is boosting its presence in areas such as lending and logistics. Those areas, Reuters reported on Tuesday, had once been...

READ MORE >
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

READ MORE >
Experian Debuts Credit Application Offering ‘Text for Credit’
Experian Debuts Credit Application Offering ‘Text for Credit’
July 11, 2017  |  Payment Methods

Experian recently reported that it has unveiled Text for Credit, a credit application initiated and completed via text message. Get the Full Story Complete the...

READ MORE >
Goldman Sachs To Launch Mobile App For Consumers
Goldman Sachs To Launch Mobile App For Consumers
July 07, 2017  |  Banking

Goldman Sachs, the Wall Street bank that has been offering more services to retail consumers in the last few years, is working on a mobile...

READ MORE >
In Lending, Next-Day Payout Doesn’t Cut It
In Lending, Next-Day Payout Doesn’t Cut It
July 06, 2017  |  CEO Series

Online and alternative lending is satiating consumers’ need for speed when it comes to accessing finance. But, while an online loan decision may be near-instant,...

READ MORE >
LendingPoint CEO On Medical Payments ‘Last Mile’ Problem
LendingPoint CEO On Medical Payments ‘Last Mile’ Problem
July 03, 2017  |  Loans

With healthcare costs on the perpetual rise, many employers are offering insurance plans with high deductibles to keep costs down. But that can leave patients...

READ MORE >
Everyone Hates Payday Lenders And Check Cashers (Except The People Who Use Them)
Everyone Hates Payday Lenders And Check Cashers (Except The People Who Use Them)
June 27, 2017  |  Loans

Everyone hates consumer lenders — politicians, consumer groups, prayer circles — except the people who use them. They tend to like the products — and...

READ MORE >