loans

Lambda’s Student Loan Alternative
Lambda’s Student Loan Alternative
January 29, 2019  |  Loans

Student debt in America has grown to staggering proportions. By the end of 2018, 44 million Americans collectively held $1.5 trillion in debt related to...

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Digital Lending’s $1.4T Travel Payments Plan
Digital Lending’s $1.4T Travel Payments Plan
January 29, 2019  |  Payments Innovation

The family trip to Disney World, the honeymoon to Hawaii, the 25-year anniversary spent in Paris — the big trips people take aren’t just vacations...

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Online Lender Enova Settles With CFPB
Online Lender Enova Settles With CFPB
January 25, 2019  |  Regulation

Through a settlement with online lender Enova International, Inc., The Consumer Financial Protection Bureau (CFPB) announced on Friday (Jan. 25) that the company would, among other conditions,...

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Fed, OCC, FDIC: US Bank Loan Risk On The Decline
Fed, OCC, FDIC: US Bank Loan Risk On The Decline
January 25, 2019  |  Loans

For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. 25). However, the...

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CapX Taps Moody’s For SMB Loan Underwriting
CapX Taps Moody’s For SMB Loan Underwriting
January 25, 2019  |  B2B Payments

Equipment finance company CapX Partners has announced an integration of Moody’s Analytics technology to strengthen its underwriting and risk mitigation capabilities. The company issued a...

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Commerce Secretary: Furloughed Workers Should Take Out Loans
Commerce Secretary: Furloughed Workers Should Take Out Loans
January 24, 2019  |  Economy

The U.S. Commerce Secretary Wilbur Ross told CNBC in an interview on Thursday (Jan. 24) that furloughed federal employees should take out loans to pay...

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More Americans Inch Toward Maxing Out Cards
More Americans Inch Toward Maxing Out Cards
January 24, 2019  |  Debt

Taking it to the limit, indeed. News came this week that global debt – that which is shouldered by governments and the private sector –...

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Capital One Misses On Q4 Revenue As Card Loans Increase
Capital One Misses On Q4 Revenue As Card Loans Increase
January 23, 2019  |  Earnings

Capital One’s domestic card loans increased 8 percent in the fourth quarter of 2018, the bank said on Tuesday (Jan. 22) as company executives gave...

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Spring Labs Partners With Leading FinTech Firms On Fraud Prevention Platform
Spring Labs Partners With Leading FinTech Firms On Fraud Prevention Platform
January 21, 2019  |  B2B Payments

Spring Labs announced that 16 FinTech industry leaders have joined its Spring Founding Industry Partners (SFIP) program to help prevent fraud and boost ID verification capabilities. Spring...

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