loans

Subprime Auto Loan Bond Delinquency Rate at 5.13% in October

Subprime Auto Loan Bond Delinquency Rate at 5.13% in October
Subprime Auto Loan Bond Delinquency Rate at 5.13% in October
November 08, 2022  |  Loans

The percentage of subprime auto loan borrowers who have fallen behind on payments has risen by more than a percentage point over the last year. ...

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New Zealand Creates Protections for BNPL Users
New Zealand Creates Protections for BNPL Users
November 02, 2022  |  BNPL

New Zealand has joined a growing list of nations creating regulations to protect consumers taking part in the country’s $1.7 billion buy now, pay later...

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Some Student Loan Borrowers Get Refunds for Payments in Pandemic
Some Student Loan Borrowers Get Refunds for Payments in Pandemic
November 01, 2022  |  Loans

Despite a legal challenge to its student loan forgiveness program, the federal government is reportedly sending refund checks for student loan payments that borrowers made...

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Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans
Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans
November 01, 2022  |  Loans

Auto finance platform Lendbuzz has secured a $150 million credit facility from J.P. Morgan and will use it to help expand the number of borrowers...

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Intuit Pauses Hiring at Credit Karma as Lending Activity Slows
Intuit Pauses Hiring at Credit Karma as Lending Activity Slows
November 01, 2022  |  Economy

Intuit has reportedly paused hiring at its Credit Karma unit, with all new hiring to be paused but with no pay cuts and with employees...

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Amazon Offers Sellers New Source of Growth Capital
Amazon Offers Sellers New Source of Growth Capital
November 01, 2022  |  Amazon

Amazon has debuted a cash advance solution for merchants selling on its site as small businesses seek more sources of growth capital. Get the Full...

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National Funding Names Rob Rosenblatt to Head Digital Lending Division
National Funding Names Rob Rosenblatt to Head Digital Lending Division
November 01, 2022  |  Personnel

Aiming to serve significantly more small businesses, specialty finance company National Funding has hired Rob Rosenblatt as president of its new digital lending division, called...

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Cashfree Payments Unveils New Tool for Digital Lending
Cashfree Payments Unveils New Tool for Digital Lending
October 27, 2022  |  Digital Payments

India’s Cashfree Payments has debuted a new tool it says is designed to help non-banking financial companies meet the country’s new digital lending rules. Get...

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Krea and Klarna Tout Success of SME Loan Program
Krea and Klarna Tout Success of SME Loan Program
October 26, 2022  |  Loans

Swedish FinTechs Krea and Klarna said Wednesday (Oct. 26) that their partnership has helped small and medium-sized enterprises (SMEs) in that country receive larger loan...

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