personal loans

Fig Financial Launches Personal Loan Service in Canada
Fig Financial Launches Personal Loan Service in Canada
July 09, 2024  |  Loans

Toronto-based lender Fig Financial says its personal loan service is now open to all Canadians. “We are providing a true alternative to banks for every...

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Inter Focuses on Brazilian Migrants to Drive US Growth
Inter Focuses on Brazilian Migrants to Drive US Growth
June 05, 2024  |  Business

Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a...

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Consumers’ Total Outstanding Credit Rose 3.4% in February
Consumers’ Total Outstanding Credit Rose 3.4% in February
April 05, 2024  |  Consumer Finance

Consumers’ total outstanding credit increased by $14.1 billion in February. Revolving credit accounted for $11.3 billion of the increase, while non-revolving credit made up the...

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Klarna Launches Page Comparing BNPL, Traditional Credit
Klarna Launches Page Comparing BNPL, Traditional Credit
April 03, 2024  |  BNPL

Klarna has launched a new web page that shares data on its buy now, pay later (BNPL) offerings, including their repayment rates, late fee rates and...

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CFPB Report: Installments Top Consumer Complaints on Personal Loans
CFPB Report: Installments Top Consumer Complaints on Personal Loans
March 29, 2024  |  Loans

The Consumer Financial Protection Bureau detailed in its 2023 Consumer Response Annual Report that consumers have been the targets of fraudulent account openings, and installment...

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Florida-Based Liberty Savings Bank Taps Upstart to Provide Personal Loans
Florida-Based Liberty Savings Bank Taps Upstart to Provide Personal Loans
March 21, 2024  |  Partnerships

Florida-based Liberty Savings Bank has partnered with artificial intelligence (AI) lending marketplace Upstart to provide personal loans.  The bank, which serves Florida’s Sarasota-Manatee County and has...

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SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
January 29, 2024  |  Earnings

SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its...

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Personal Loan Delinquencies Jump in Nov., Presaging Holiday ‘Hangover’
Personal Loan Delinquencies Jump in Nov., Presaging Holiday ‘Hangover’
January 07, 2024  |  Consumer Finance

Americans ended 2023 dealing with increasing financial strain, relying more on personal loans. That’s according to a recent report by VantageScore, which warns that increased...

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5 Things to Watch in Courts and on Capitol Hill that Will Impact Payments in 2024 
5 Things to Watch in Courts and on Capitol Hill that Will Impact Payments in...
December 20, 2023  |  Regulation

December’s on the way out. Congress is quiet, on recess until the beginning of next year. The Supreme Court’s not hearing arguments at the moment....

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