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

Online Loans Confound Experts With Lower-Than-Expected Impairments
Online Loans Confound Experts With Lower-Than-Expected Impairments
August 17, 2020  |  Loans

Personal, unsecured loans issued through online lenders like Best Egg, LendingClub and Upstart have long been seen as particularly vulnerable in a downturn. But new...

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California Proposes Financial Watchdog Agency
California Proposes Financial Watchdog Agency
August 17, 2020  |  CFPB

California is expected to create a financial protection watchdog agency by month’s end. NPR reports lawmakers are moving quickly to create the new department of...

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Square’s Cash App Tests Small-Dollar, Short-Term Loans
Square’s Cash App Tests Small-Dollar, Short-Term Loans
August 12, 2020  |  Loans

Cash App, Square Inc.’s mobile payment app, has launched a pilot program to offer short-term loans of up to $200, TechCrunch reported. “We are always...

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Disbursements Satisfaction Report 2020: Monetizing Payout Choice
Disbursements Satisfaction Report 2020: Monetizing Payout Choice
August 10, 2020  |  Disbursements

Introduction Consumers have been using internet technology for everything from nonessential health services to ordering from restaurants in the last few years, especially shopping more...

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New Data: Receivers Value Instant Payouts Enough To Pay To Get Them
New Data: Receivers Value Instant Payouts Enough To Pay To Get Them
August 10, 2020  |  Disbursements

Consumers have long used the internet to purchase everything from meals to clothing, and the ongoing COVID-19 pandemic is only accelerating the shift toward digital...

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$765M Eastman Kodak Loan Put On Hold Until ‘Allegations Are Cleared’
$765M Eastman Kodak Loan Put On Hold Until ‘Allegations Are Cleared’
August 09, 2020  |  Loans

A $765 million loan agreement between Eastman Kodak and the government to provide pharmaceutical ingredients has been put on hold due to questions about Kodak’s...

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Saving Gig Workers From Predatory Lenders
Saving Gig Workers From Predatory Lenders
August 07, 2020  |  Gig Economy

The fact that the U.S. economy added 4.8 million jobs in June might have been missed amid all the bad news, of which there’s been...

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Banks Toughen Lending Requirements For Consumers, Businesses
Banks Toughen Lending Requirements For Consumers, Businesses
August 04, 2020  |  Loans

Banks are increasing their standards for loans to businesses and households, according to the Fed’s latest Senior Loan Officer Opinion Survey on Bank Lending Practices. The...

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Fed Relaxes Requirements For Nonprofits To Borrow From Main Street Lending Program
Fed Relaxes Requirements For Nonprofits To Borrow From Main Street Lending Program
July 17, 2020  |  Loans

It will now be a lot easier for schools, hospitals and social service organizations to access funds using the Main Street Lending Program. The initiative,...

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