consumer lending

Square Is Eyeing Consumer Lending
Square Is Eyeing Consumer Lending
June 28, 2017  |  Alternative Finances

Square’s quest to evolve past its original incarnation as a payments processing firm for small merchants is apparently set to expand into consumer lending.  According...

READ MORE >
Americans Are Borrowing Like It’s 2008 … Sort Of
Americans Are Borrowing Like It’s 2008 … Sort Of
May 23, 2017  |  Alternative Finances

It took almost a full decade, but Americans’ debt level has reached a new all-time high, surpassing the $12.68 trillion peak it reached in the...

READ MORE >
The Big Data Factor(Trust)
The Big Data Factor(Trust)
July 05, 2016  |  News

Data and analytics can be potent, predictive forces in determining when consumers are overextended and when their ability to pay will be compromised. FactorTrust’s CEO...

READ MORE >
CFPB Recoups $24.5M For Consumers Hit With Illegal Payment Collection
CFPB Recoups $24.5M For Consumers Hit With Illegal Payment Collection
July 01, 2016  |  Security & Fraud

The Consumer Financial Protection Bureau said Thursday (June 30) that it has, through the first four months of 2016, recovered $24.5 million for consumers harmed...

READ MORE >
Court Case Challenges CFPB’s Power
Court Case Challenges CFPB’s Power
January 25, 2016  |  Consumer Finance

A storm is brewing over the realm of the Consumer Financial Protection Bureau’s (CFPB) power as the government agency enters a legal battle set to be reviewed...

READ MORE >
New Credit Scoring Startup Taps Social Data To Analyze Borrower Risk
New Credit Scoring Startup Taps Social Data To Analyze Borrower Risk
August 25, 2015  |  News

FriendlyScore, a U.K.-based FinTech solutions provider, has released an SaaS app that uses real-time social media data to help lenders create risk profiles for borrowers...

READ MORE >