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

CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers

CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
March 09, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) introduced a final rule on Thursday (March 8) that it said will help mortgage servicers communicate with borrowers who...

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The Construction Industry’s Lending Catch-22
The Construction Industry’s Lending Catch-22
March 08, 2018  |  B2B Payments

Credit underwriting is more reliant than ever on Big Data, and one of the industries in which this is most pronounced is the construction industry....

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LendingPoint Unveils Retail Financing Platform
LendingPoint Unveils Retail Financing Platform
March 07, 2018  |  Loans

To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide...

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Wealthy Entrepreneurs Turn To Pawn Shops To Start New Ventures
Wealthy Entrepreneurs Turn To Pawn Shops To Start New Ventures
March 06, 2018  |  B2B Payments

Wealthy entrepreneurs are turning to an unexpected source to finance their new business ventures: pawn shops. Get the Full Story Complete the form to unlock...

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Today In Data: Alternative Banking, Innovation Budgets And Transportation Expenses
Today In Data: Alternative Banking, Innovation Budgets And Transportation Expenses
March 01, 2018  |  Today In Data

Today in PYMNTS data, payments apps are pushing banking outside the traditional system, top-performing businesses are allocating big budgets to innovation, ground transportation costs are...

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Australia’s Alt-Lending Market Vows Transparency
Australia’s Alt-Lending Market Vows Transparency
March 01, 2018  |  B2B Payments

Australia’s alternative finance industry is vowing to heighten transparency as policymakers continue to push for better small and medium-sized business (SMB) financial services. Get the...

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Borrowing By UK Corporates At Three-Year Low
Borrowing By UK Corporates At Three-Year Low
February 27, 2018  |  B2B Payments

Reports in Bloomberg on Monday (Feb. 26) said that, according to new data, businesses in the U.K. are borrowing at their lowest rate since 2015,...

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Equifax Launches Consumer Finance Dataset
Equifax Launches Consumer Finance Dataset
February 27, 2018  |  Consumer Finance

Equifax, the credit scoring company still reeling from a massive data breach last year, announced news on Monday (Feb. 26) of the launch of Analytic...

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