Loans

Loans
Biden Administration Brings Student Loan Debt Relief Total to $136.6 Billion
January 19, 2024

The Biden Administration has approved an additional $4.9 billion in student loan debt relief for 73,600 borrowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Loans
85% of CFOs Use Working Capital to Safeguard Businesses From Macroeconomic Shifts
January 19, 2024

The adoption of working capital solutions has seen a rise among growth corporates, commonly referred to as middle-market firms, in North America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Loans
Citi and LuminArx Team to Issue Private Credit
January 18, 2024

Citi and LuminArx have introduced a financing tool for the private lending market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Loans
State Bank of India Chair Applauds Crackdown on ‘Unhealthy’ Loans
January 17, 2024

The chair of India’s biggest bank said his country was right to restrict unsecured loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Loans
PNC Net Loan Charge-Offs Rise 65%, Driven by Commercial Real Estate
January 16, 2024

PNC Financial Services Group saw delinquencies, total non-performing loans (NPLs) and net loan charge-offs increase during the fourth quarter. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Loans
48% of Consumers Look Beyond Their Primary Bank for Mortgage Loans
January 05, 2024

Traditionally, consumers rely on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto loans and personal loans. However, research indicates a shift in consumer behavior, with more individuals actively seeking better deals and turning...

Loans
30% of Consumers Struggle to Access Credit Products
December 28, 2023

About 30% of consumers have low credit scores — 650 or less — that have denied them access to credit products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Loans
Banks Challenged While Construction Loans Hang Around
December 26, 2023

While this wasn’t a good year for commercial real estate, banks saw commercial loan growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Loans
Indian FinTechs Struggle After Crackdown on Unsecured Loans
December 18, 2023

India’s recent crackdown on unsecured consumer loans has reportedly placed increased pressure on FinTech lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...