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

Personal Loan Provider Ranking Would’ve Been Easy — Except for One Giant Change
Personal Loan Provider Ranking Would’ve Been Easy — Except for One Giant Change
November 18, 2021  |  Loans

Maybe you’d like to consolidate some debt. That roof isn’t going to earn its own money and fix itself — and come to think of...

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RecargaPay Authorized to Offer Loans
RecargaPay Authorized to Offer Loans
November 17, 2021  |  Loans

RecargaPay, a mobile payments and wallet for Brazil, has received authorization from the central bank to provide loans, according to a Wednesday (Nov. 17) report...

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CFPB to Gather Comments on Data Collection in Mortgage Lending
CFPB to Gather Comments on Data Collection in Mortgage Lending
November 16, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) is looking for input on implementing the Home Mortgage Disclosure Act (HMDA), which requires lenders to report information about...

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Holidays Could be Tough for Consumers Living Paycheck to Paycheck
Holidays Could be Tough for Consumers Living Paycheck to Paycheck
November 16, 2021  |  Loans

Thanksgiving is in front of us, though we all know the unofficial kickoff to the holiday spending season really happens before Black Friday. For many...

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CFPB Lawsuit Alleges Pawn Lenders Bilked Military Families
CFPB Lawsuit Alleges Pawn Lenders Bilked Military Families
November 12, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against pawn lenders FirstCash, Inc. and Cash America West, Inc. on Friday (Nov. 12) in a...

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FinTech Offers Small Business Bonds, Not Bank Loans to Fund Growth
FinTech Offers Small Business Bonds, Not Bank Loans to Fund Growth
November 12, 2021  |  B2B Payments

Owners of small- to medium-sized businesses (SMBs) looking to raise some money now have the opportunity to issue bonds to their everyday customers and cash...

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SoFi Touts More Finance, Lending Options in Q3
SoFi Touts More Finance, Lending Options in Q3
November 10, 2021  |  Earnings

Personal finance company SoFi saw strong third quarter earnings, according to a Wednesday (Nov. 10) press release, with the company’s three business segments — lending,...

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Payitoff Notches $8.5M Ahead of Feb. 1 Student Loan Repayments
Payitoff Notches $8.5M Ahead of Feb. 1 Student Loan Repayments
November 10, 2021  |  Investments

Payitoff, an automated student loan management company serving the FinTech sector, has generated $8.5 million in a seed round, according to a Wednesday (Nov. 10)...

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Upstart’s Triple-Digit Growth Shows AI-Based Lending’s Heady Pace
Upstart’s Triple-Digit Growth Shows AI-Based Lending’s Heady Pace
November 10, 2021  |  Loans

As growth stocks continue their heady (but never completely steady) climb on Wall Street, the question remains: When are triple-digit gains not enough? Upstart Holdings,...

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