Small and medium-sized businesses (SMBs) ended 2025 sharpening their demand and reliance on platform-based working capital. Earnings disclosures indicate that those balances grew meaningfully year over year across major commerce ecosystems. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
FinTech company Avant closed a $200 million personal loan securitization that it said it expects to provide over $500 million in financing capacity over its 24-month life. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Subprime borrowers drove unsecured personal loan originations and balances to record highs, TransUnion said in a Thursday (Feb. 19) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Federal Reserve wants to get banks to focus on mortgage lending once more, The Wall Street Journal reported Wednesday (Feb. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The U.S. Department of Education said Friday (Jan. 16) that it will temporarily delay the implementation of involuntary collections on federal student loans so it can add more ways for borrowers to repay their loans. Get the Full Story Complete the form to unlock this article...
Since 2010, auto loans have gone from being the safest credit products to the riskiest. 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,...
Mastercard and LoanPro plan to launch a program that will enable lenders to deliver installment loans through virtual and physical cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The rise of so-called “alternative consumer lending” has made loans tougher to track. 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....
Private credit has moved into the financial mainstream, recently estimated at $2 trillion in outstanding loans and investments that support companies across a wide range of industries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...