Lending

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, and also to repay the principal amount borrowed.

Source: en.wikipedia.org

Lending Is Failing To Live Up To 2018’s Great Expectations

Lending Is Failing To Live Up To 2018’s Great Expectations
Lending Is Failing To Live Up To 2018’s Great Expectations
August 28, 2018  |  Alternative Credit

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial...

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China Zeroes In On Online Loan Risk
China Zeroes In On Online Loan Risk
August 28, 2018  |  Cross-border Payments

China is expediting the development of regulation aimed at preventing online lending risks and promoting market stability. Get the Full Story Complete the form to...

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CFPB Ombudsman Quits, Says Bureau ‘Abandoned’ Consumers
CFPB Ombudsman Quits, Says Bureau ‘Abandoned’ Consumers
August 28, 2018  |  CFPB

Seth Frotman, an assistant director and student loan ombudsman for the Consumer Financial Protection Bureau (CFPB), had some harsh words for acting CFPB Director Mick Mulvaney...

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AltFin’s Next Hurdle: The Small Business Relationship
AltFin’s Next Hurdle: The Small Business Relationship
August 24, 2018  |  B2B Payments

A lack of access to funding may have opened the doors for alternative finance, but AltFin’s ability to quickly innovate and provide digital services —...

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Goldman Sachs’ Marcus Jumps Across The Pond
Goldman Sachs’ Marcus Jumps Across The Pond
August 24, 2018  |  Banking

Goldman Sachs, the Wall Street investment firm, rolled out its consumer bank Marcus in the U.K. Thursday (Aug. 23) offering what the Financial Times said...

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Laplanche’s Upgrade Raises $62M To Reinvent Consumer Credit
Laplanche’s Upgrade Raises $62M To Reinvent Consumer Credit
August 23, 2018  |  Loans

When Renaud Laplanche founded LendingClub 12 years ago in 2006, the lending landscape was a very different place. Most consumer and business lending was done...

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Zillow’s Slow Roll To A Real Estate Ecosystem
Zillow’s Slow Roll To A Real Estate Ecosystem
August 15, 2018  |  Connected Economy

Not so long ago, shopping for a new home was a very boot-on-the-ground type of process. If one wanted to idly peruse local real estate...

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Wells Considers Lending To Students With Government Debt
Wells Considers Lending To Students With Government Debt
August 14, 2018  |  Loans

Wells Fargo might give its shrinking student lending business a boost by focusing on borrowers with U.S. government loans. The lender would offer loans to...

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