loans

CFPB Sues Cos Making Loans Against Future Pension Payments

CFPB Sues Cos Making Loans Against Future Pension Payments
CFPB Sues Cos Making Loans Against Future Pension Payments
September 14, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced that it has filed a complaint against multiple parties, accusing them of making loans against future pension payments....

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JPMorgan Poised To Dethrone Wells, Claim Largest US Bank Title
JPMorgan Poised To Dethrone Wells, Claim Largest US Bank Title
September 06, 2018  |  Banking

There’s a good chance that JPMorgan Chase could soon become the largest U.S. bank in terms of outstanding loans, dethroning current champ Wells Fargo. Get...

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Ecuador Needs To Borrow More Than $1B
Ecuador Needs To Borrow More Than $1B
September 03, 2018  |  Cross-border Payments

Ecuador announced last week that it needs to borrow more than $1.1 billion from international lenders as the country tries to fix its deficit. Get...

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Lending Is Failing To Live Up To 2018’s Great Expectations
Lending Is Failing To Live Up To 2018’s Great Expectations
August 28, 2018  |  Alternative Credit

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial...

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China Zeroes In On Online Loan Risk
China Zeroes In On Online Loan Risk
August 28, 2018  |  Cross-border Payments

China is expediting the development of regulation aimed at preventing online lending risks and promoting market stability. Get the Full Story Complete the form to...

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UK Debt Advice Providers Lack Funding To Keep Up With Demand
UK Debt Advice Providers Lack Funding To Keep Up With Demand
August 27, 2018  |  Europe

As consumer debt levels in the U.K. are on the rise and debt collection groups are reportedly not paying voluntary contributions, providers of debt advice...

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Laplanche’s Upgrade Raises $62M To Reinvent Consumer Credit
Laplanche’s Upgrade Raises $62M To Reinvent Consumer Credit
August 23, 2018  |  Loans

When Renaud Laplanche founded LendingClub 12 years ago in 2006, the lending landscape was a very different place. Most consumer and business lending was done...

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