loans

Credit Unions Step Up During Government Shutdown
Credit Unions Step Up During Government Shutdown
January 18, 2019  |  Credit Unions

There is no shortage of headlines about the partial government shutdown that is now on its 27th day, and no shortage of articles speculating how long...

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UK Mortgages, Credit Demand To Decline Pre-Brexit
UK Mortgages, Credit Demand To Decline Pre-Brexit
January 17, 2019  |  International

British lenders say that leading up to Brexit, they expect the largest drop in demand for credit cards and mortgages than they’ve seen in many...

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Has Microlending Lived Up To The Hype?
Has Microlending Lived Up To The Hype?
January 16, 2019  |  Loans

Microlending – or small loans (less than a few hundred dollars) – has become a popular, buzzed-about method of poverty relief over the last few...

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Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
Wells Fargo Credit Card Purchases Grow 5 Pct In Q4
January 15, 2019  |  Earnings

A U.S. Federal Reserve asset cap on Wells Fargo will last all year instead of through the first half, said the bank’s CEO Tim Sloan...

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Experian: Loan Default Rates Rose In Dec
Experian: Loan Default Rates Rose In Dec
January 15, 2019  |  Economy

S&P Dow Jones Indices and Experian released data through December of 2018 on Tuesday (Jan. 15) that showed default rates across all loan types increased from...

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Trump DOJ Nominee Viewed As Corporate Ally
Trump DOJ Nominee Viewed As Corporate Ally
January 14, 2019  |  B2B Payments

President Donald Trump has officially nominated William Barr for attorney general, signaling renewed support for the business community, according to reports. Bloomberg reported Friday (Jan....

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LendUp Credit Card Biz Becomes Stand-Alone Company
LendUp Credit Card Biz Becomes Stand-Alone Company
January 10, 2019  |  Loans

LendUp has announced it is scaling its credit card business as a stand-alone company, Mission Lane. The move was made possible through investment from LL...

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India’s Central Bank To Make Decision On Easing Lending Curbs
India’s Central Bank To Make Decision On Easing Lending Curbs
January 10, 2019  |  Regulation

The Reserve Bank of India (RBI) is in the process of reviewing the December quarterly results of state-owned banks to determine if lending restrictions will be...

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Reliant Funding Launches SBA Loan Service Amid Government Shutdown
Reliant Funding Launches SBA Loan Service Amid Government Shutdown
January 09, 2019  |  B2B Payments

Small business finance company Reliant Funding is launching a new program that can link borrowers to faster, short-term capital while they wait for loan funds...

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