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

Auto Loans Go Green to Boost Electric Vehicle Adoption

Auto Loans Go Green to Boost Electric Vehicle Adoption
Auto Loans Go Green to Boost Electric Vehicle Adoption
March 01, 2024  |  Loans

Following a record-breaking 2022, marked by the sale of over 10 million electric cars worldwide, the electric vehicle market has hit a speed bump in the United States,...

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Carvana Revises Lending Rules Amid Industry-Wide Rise in Delinquencies
Carvana Revises Lending Rules Amid Industry-Wide Rise in Delinquencies
March 01, 2024  |  Loans

Online car retailer Carvana is tightening its lending standards in response to higher delinquency rates. Get the Full Story Complete the form to unlock this...

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LendAPI and PortX Team to Streamline Digital Lending
LendAPI and PortX Team to Streamline Digital Lending
February 29, 2024  |  Partnerships

Digital lending company LendAPI has teamed with Integration-Platform-as-a-Service (IPaaS) provider PortX. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Capital One/Discover Combo Could Create Financial Ecosystem for Paycheck-to-Paycheck Consumers
Capital One/Discover Combo Could Create Financial Ecosystem for Paycheck-to-Paycheck Consumers
February 20, 2024  |  Acquisitions

In any industry, a $35 billion deal is, of course … a big deal. Get the Full Story Complete the form to unlock this article...

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US Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
US Bank Taps Pagaya’s Credit Intelligence Network for Personal Loans
February 15, 2024  |  Banking

U.S. Bank said Thursday (Feb. 15) that more than 2,000 of its clients have been approved for personal loans over the past few months thanks...

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FIs Explore GenAI Potential in Small Business Lending Despite Customer Concerns
FIs Explore GenAI Potential in Small Business Lending Despite Customer Concerns
February 12, 2024  |  Artificial Intelligence

Financial institutions are embracing the integration of generative artificial intelligence into their operations, recognizing it as a vital step to remain competitive in today’s fast-evolving...

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The Auto Lending Ecosystem Streamlines Refunds and Cancellations With Automated Compliance
The Auto Lending Ecosystem Streamlines Refunds and Cancellations With Automated Compliance
February 07, 2024  |  Acquisitions

In all industries, what happens after the sale can be as critical as the initial transactions themselves. Get the Full Story Complete the form to...

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BAFS Commercial Platform Aims to Connect Borrowers and Lenders
BAFS Commercial Platform Aims to Connect Borrowers and Lenders
February 06, 2024  |  Loans

BAFS (Business Alliance Financial Services) has debuted a platform to connect commercial lenders with borrowers. Get the Full Story Complete the form to unlock this article...

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Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
Nubank Approaches $1 Billion in Revenue Amid Mexican Expansion
February 06, 2024  |  Digital Banking

Brazilian neobank Nubank is predicting it will someday become Latin America’s largest financial service company. Get the Full Story Complete the form to unlock this article and...

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