loans

Verification Platform Puts Data Portability to the Test in the Lending Space

Verification Platform Puts Data Portability to the Test in the Lending Space
Verification Platform Puts Data Portability to the Test in the Lending Space
November 24, 2021  |  Data

As the debate over consumer data privacy moves from the living room to the board room to meeting rooms on Capitol Hill, more firms are...

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Small Business Owners, FinTechs Back Federal Truth in Lending Bill
Small Business Owners, FinTechs Back Federal Truth in Lending Bill
November 23, 2021  |  Loans

In lending, many basic protections that apply to consumers, such as disclosure of the annual percentage rate, aren’t required when lending to small businesses. And...

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AmEx Lured Business Customers with Fraudulent Sales Pitch
AmEx Lured Business Customers with Fraudulent Sales Pitch
November 22, 2021  |  Banking

American Express’ pitch to business customers that using an AmEx card to pay employees and suppliers turned out to be built on a flawed premise...

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LendingClub Backs US Truth in Lending Bill to Extend Transparency
LendingClub Backs US Truth in Lending Bill to Extend Transparency
November 19, 2021  |  Politics

LendingClub is backing the Small Business Lending Disclosure Act, a bill introduced in the U.S. House and Senate this week that calls for extending the...

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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. Get the...

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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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