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

‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO

‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO
‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO
November 22, 2021  |  Banking

“Banking is an exciting place to be right now. There’s a lot happening,” Kent Landvatter, CEO/president of FinWise, told PYMNTS CEO Karen Webster in a...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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. Get the...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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,...

READ MORE >