In a move that could make more than 5 million consumers very happy (and potential lenders very nervous), TransUnion, Equifax and Experian have announced they will be removing tax liens from Americans’ credit reports. Get the Full Story Complete the form to unlock this article...
TD Bank Auto Finance (TDAF) announced that it will start providing commercial loans to automotive dealerships around the country. TDAF is expanding its Commercial Financial Services program, which provides floor plan financing and commercial lines of credit to automotive dealerships. Get the Full Story Complete...
Grab, the ride-hailing company based in Southeast Asia, announced news on Tuesday (March 13) that it has teamed up with Credit Saison Co., one of Japan’s largest consumer financing companies, to provide loans and lending services to the unbanked. Get the Full Story Complete the...
Ant Financial, the payment affiliate of China’s Alibaba, has seen its consumer lending business reach 600 billion yuan ($95 billion) even as the company faces a stricter environment for securitizing loans in its home country of China. Get the Full Story Complete the form to...
To help merchants and other service providers convert more consumers at the point of sale, LendingPoint has unveiled LendingPoint Merchant Solutions, a platform that will provide fully integrated one-stop retail financing, the company said in an announcement. Get the Full Story Complete the form to unlock...
Americans like owning and driving cars — 88 percent of those who are legally able to drive are owners of cars, according to Pew, giving the U.S. the world’s second-highest automobile ownership rate (Italy leads the pack and edges us out with 89 percent ownership)....
Despite a return of volatility to the stock market, the premium that investors want on loans that are packaged and offered as bonds has hit its lowest level since the financial crisis of 2008 and 2009. Get the Full Story Complete the form to unlock...
The Federal Reserve revealed in its quarterly survey on Monday (Feb. 5) that loan officers in banks around the U.S. eased lending standards for businesses but tightened lending standards when it came to commercial real estate loans. Get the Full Story Complete the form to...
Goldman Sachs has taken another step to boost its presence in the consumer lending market by marketing home improvement loans to its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
