lenders

A lender is an individual, a public or private group, or a financial institution that makes funds available to another with the expectation that the funds will be repaid. In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals, organizations etc. The recipient incurs a debt and is usually liable to pay interest on that debt until it is repaid as well as to repay the principal amount borrowed.

Source: en.wikipedia.org

PayPal Acquires Swift Financial To Expand SMB Lending Options

PayPal Acquires Swift Financial To Expand SMB Lending Options
PayPal Acquires Swift Financial To Expand SMB Lending Options
August 11, 2017  |  Partnerships / Acquisitions

The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in...

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Indonesian FinTech Launches App For Individual SME Investors
Indonesian FinTech Launches App For Individual SME Investors
July 24, 2017  |  B2B Payments

An Indonesia-based alternative lender is turning to the mobile device to attract small business investors. Get the Full Story Complete the form to unlock this...

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CFPB Arbitration Rule Dominates Regulatory News
CFPB Arbitration Rule Dominates Regulatory News
July 17, 2017  |  CFPB

The CFPB opens the door to class action suits, and possibly trial lawyer riches, while across the pond, some warnings on regulatory compliance rumble, and...

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Everyone Hates Payday Lenders And Check Cashers (Except The People Who Use Them)
Everyone Hates Payday Lenders And Check Cashers (Except The People Who Use Them)
June 27, 2017  |  Loans

Everyone hates consumer lenders — politicians, consumer groups, prayer circles — except the people who use them. They tend to like the products — and...

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Big Banks Back Away From Auto Loans
Big Banks Back Away From Auto Loans
May 30, 2017  |  Loans

Big banks are pulling back from the $1.2 trillion U.S. car loan market due to fears that consumers have taken on more debt than they...

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CFPB Slams Online Lenders
CFPB Slams Online Lenders
April 28, 2017  |  CFPB

The Consumer Financial Protection Bureau (CFPB) just recently filed suit against four online lenders for allegedly collecting on consumer debts they were not legally owed....

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Helping Investors Avoid The Lending Club Trap
Helping Investors Avoid The Lending Club Trap
April 26, 2017  |  Loans

Transparency cures all ills — especially in the online lending space where investors need certainty the pools of debt they’re buying are as represented. Global...

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Max Levchin And Building Truly Honest Finance Products
Max Levchin And Building Truly Honest Finance Products
April 12, 2017  |  Loans

In February 2013, Max Levchin launched Affirm — a point-of-sale (POS) lender that would provide creditworthy millennials, who lacked credit cards and credit scores, the ability...

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