Loans

US Bank Debuts Avvance Installment Payment Tool
Loans
US Bank Debuts Avvance Installment Payment Tool
October 24, 2023

U.S. Bank has introduced a tool that lets businesses offer consumer financing at point-of-sale. 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....

55% of High-Debt Consumers Grapple With Auto Loans as Delinquencies Soar
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55% of High-Debt Consumers Grapple With Auto Loans as Delinquencies Soar
October 23, 2023

Access to a car is crucial for many Americans, especially those living in areas with limited public transportation options. 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...

Earnest and Payitoff Partner on Reduced Student Loan Payments
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Earnest and Payitoff Partner on Reduced Student Loan Payments
October 23, 2023

Student finance FinTech Earnest and debt guidance firm Payitoff have teamed to help borrowers lower student loan payments. 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,...

Auto Loan Delinquency Rates Reach Highest Level Since 1994
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Auto Loan Delinquency Rates Reach Highest Level Since 1994
October 22, 2023

The recent surge in delinquency rates on auto loans in the United States has raised concerns about the financial challenges faced by car owners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Nearly 50% of European Firms Rely on Overdrafts From Corporate Bank Accounts
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Nearly 50% of European Firms Rely on Overdrafts From Corporate Bank Accounts
October 17, 2023

Accessing working capital solutions is crucial for growth corporates — often referred to as middle market firms — around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Student Loan Borrowers Face Incorrect Bills and Hours on Hold
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Student Loan Borrowers Face Incorrect Bills and Hours on Hold
October 15, 2023

The resumption of student loan payments has challenged borrowers in more ways than one. 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...

Research Links Quick Access to Digital Loans to Higher Default Rates
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Research Links Quick Access to Digital Loans to Higher Default Rates
October 10, 2023

Technology broadened the lending landscape, making it easier for previously underserved populations to receive money with a speediness that would be otherwise unimaginable were it not for digital channels of disbursement. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

High Interest Rates Drive New Records in Auto Loan Payments
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High Interest Rates Drive New Records in Auto Loan Payments
October 06, 2023

The surge in interest rates has resulted in record-high loan payments for consumers who have borrowed money to purchase new cars. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Biden Administration Cancels $9 Billion in Student Loans as Payments Restart
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Biden Administration Cancels $9 Billion in Student Loans as Payments Restart
October 04, 2023

The White House canceled $9 billion in debt for 125,000 student loan 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 daily newsletter, PYMNTS Today....