loans

Small Business Borrowing To Take A Downturn, Survey Finds

Small Business Borrowing To Take A Downturn, Survey Finds
Small Business Borrowing To Take A Downturn, Survey Finds
October 19, 2017  |  B2B Payments

A new survey released on Wednesday (Oct. 18) suggests that small businesses (SMBs) are likely to reduce borrowing activity in the second half of 2017....

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Bank Of America Reports $4B In P2P Via Zelle Network In Q3
Bank Of America Reports $4B In P2P Via Zelle Network In Q3
October 16, 2017  |  Earnings

Rounding out a slew of big bank earnings that came last week, Bank of America reported its third-quarter results Friday. Like its peers, it showed...

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Why The Final Payday Lending Rules Are Far From The Last Word
Why The Final Payday Lending Rules Are Far From The Last Word
October 11, 2017  |  Alternative Finances

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. Get the...

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Indian Bank’s Sour Loans Hit Near $146B
Indian Bank’s Sour Loans Hit Near $146B
October 11, 2017  |  Loans

Reuters reported that bad debt continues to linger on Indian banks’ balance sheets. On Tuesday (Oct. 10), the newswire said that the souring loans totaled...

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The Role Of SMB Lending At Community Banks Is Changing
The Role Of SMB Lending At Community Banks Is Changing
October 11, 2017  |  B2B Payments

Small business (SMB) lending is big business for community banks, which are a popular destination for small business borrowers, thanks to strong approval rates on...

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CEO’s Hedge Fund Bails Sears Out With A Cash Injection (Again)
CEO’s Hedge Fund Bails Sears Out With A Cash Injection (Again)
October 06, 2017  |  Retail

Eddie Lampert — and his checkbook — really, really believe in Sears. In fact, according to a recent report from Chain Store Age, Lambert believes so much...

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When The Payday Lending Rule Drops, Opponents Are Ready To Attack
When The Payday Lending Rule Drops, Opponents Are Ready To Attack
September 19, 2017  |  CFPB

The new rules are coming for payday lenders, and opponents of those rules are readying themselves for what will likely be a fairly dizzying battle...

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Student Loan Collection Draws CFPB Attention And Ire
Student Loan Collection Draws CFPB Attention And Ire
September 19, 2017  |  CFPB

The CFPB laid down some serious fines on National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, Inc. The firms were collectively ordered...

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The Explanations Edition: Equifax, Apple and Square
The Explanations Edition: Equifax, Apple and Square
September 11, 2017  |  Data Dive

All eyes were on the sky last week, as most of the Southeastern United States braced for Hurricane Irma. And, as post-Harvey rebuilding assessments are ongoing...

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