consumer lending

CFPB Drops Investigation Into Lender That Donated To Mulvaney
CFPB Drops Investigation Into Lender That Donated To Mulvaney
January 24, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has dropped its investigation into World Acceptance Corp., which had been accused of taking advantage of low-income borrowers. Get...

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Goldman Sachs Encourages Personal Loans For Home Improvements
Goldman Sachs Encourages Personal Loans For Home Improvements
January 17, 2018  |  Loans

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...

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Wells Fargo Taps Mary Mack To Fix Consumer Lending Business
Wells Fargo Taps Mary Mack To Fix Consumer Lending Business
December 20, 2017  |  Personnel

Wells Fargo has announced that Mary Mack will lead its consumer lending unit. Get the Full Story Complete the form to unlock this article and...

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NY Fed Sees Increase In Access To Consumer Credit
NY Fed Sees Increase In Access To Consumer Credit
November 21, 2017  |  Loans

The Federal Reserve Bank of New York painted a more optimistic picture of U.S. households, saying access to credit has improved at the same time...

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LendingPoint Closed On $500M Credit Facility In August
LendingPoint Closed On $500M Credit Facility In August
September 20, 2017  |  Merchant Innovation

Online lender LendingPoint announced Tuesday (Sept. 19) that it had closed an up to $500 million credit facility on Aug. 22. Get the Full Story...

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LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions
LendKey And Unlocking A Generation Of Borrowers For Small Banks And Credit Unions
July 25, 2017  |  Alternative Finances

For value, the Federal Reserve estimates that a college grad will make about $830,000 over the course of a lifetime; the Georgetown University Center for...

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In Lending, Next-Day Payout Doesn’t Cut It
In Lending, Next-Day Payout Doesn’t Cut It
July 06, 2017  |  CEO Series

Online and alternative lending is satiating consumers’ need for speed when it comes to accessing finance. But, while an online loan decision may be near-instant,...

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Independence Edition: Square, Amazon And LendUp
Independence Edition: Square, Amazon And LendUp
July 03, 2017  |  Data Dive

With just a day left ‘til the fireworks officially start in celebration of the 4th of July here in the U.S., we thought we’d offer a preview.  Amazon...

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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...

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