Loans

Loans
Citizens Financial Says No to Car Loans From Dealers
June 07, 2023

Citizens Financial Group will stop originating indirect car loans effective July 1. 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
Small Businesses Struggle as Banks Tighten Lending
June 01, 2023

Smaller businesses have begun cutting back as banks impose tougher lending standards. 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...

Loans
CFPB Fines Installment Lender OneMain $20 Million for Upsell and Refund Practices
May 31, 2023

OneMain Financial, a nonbank personal loan installment lender, has been slapped with $20 million in redress and penalties by the Consumer Financial Protection Bureau (CFPB) for alleged deceptive sales practices. The CFPB accused the lender of duping borrowers into purchasing add-on products to receive a...

Loans
FHA Will Temporarily Reduce Some Borrowers’ Mortgage Payments
May 31, 2023

The federal government reportedly has a plan to help borrowers behind on their mortgage 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,...

Loans
Data Offers Lenders New Tools to Serve Underserved Consumers
May 26, 2023

Inflation is raging and credit card debt is at record levels. 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
Analyst Says SoFi Accounting Practices May Face Regulatory Scrutiny
May 15, 2023

SoFi Technologies’ stock dipped Monday (May 15) after an analyst said its accounting may overstate its capital. 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
Citi Adds Installment Loans and Lines of Credit Options to Retail POS
May 10, 2023

Citi Retail Services is adding new point-of-sale (POS) lending options to its embedded payment capabilities. 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
Rapid Finance and Mambu Integrate Loan Origination and Management Solutions
May 10, 2023

Rapid Finance and Mambu have partnered to provide a comprehensive Lending-as-a-Service (LaaS) offering. 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....

Loans
Banks Unlikely to Loosen Credit Until 2024
May 08, 2023

Banks expect to continue tightening lending standards across all loan categories through the rest of 2023. 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...