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

7 Companies Declare Bankruptcy Over Weekend in 15-Year Record

7 Companies Declare Bankruptcy Over Weekend in 15-Year Record
7 Companies Declare Bankruptcy Over Weekend in 15-Year Record
May 15, 2023  |  Economy

At least seven companies declared bankruptcy in the last 48 hours, a reported 15-year record. Get the Full Story Complete the form to unlock this...

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NY Fed Study: Small Lenders Weathered the Banking Crisis
NY Fed Study: Small Lenders Weathered the Banking Crisis
May 11, 2023  |  Banking

Smaller lenders emerged from the recent banking crisis relatively unscathed, according to new research. Get the Full Story Complete the form to unlock this article...

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Blackstone Wants to Partner with Regional Banks in Loan Originations
Blackstone Wants to Partner with Regional Banks in Loan Originations
May 11, 2023  |  Banking

Blackstone wants to give regional banks more lending power ahead of a looming credit crunch. Get the Full Story Complete the form to unlock this...

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Citi Adds Installment Loans and Lines of Credit Options to Retail POS
Citi Adds Installment Loans and Lines of Credit Options to Retail POS
May 10, 2023  |  Loans

Citi Retail Services is adding new point-of-sale (POS) lending options to its embedded payment capabilities. Get the Full Story Complete the form to unlock this...

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Rapid Finance and Mambu Integrate Loan Origination and Management Solutions
Rapid Finance and Mambu Integrate Loan Origination and Management Solutions
May 10, 2023  |  Loans

Rapid Finance and Mambu have partnered to provide a comprehensive Lending-as-a-Service (LaaS) offering. Get the Full Story Complete the form to unlock this article and...

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Small Businesses Turn to Cards and Digital Banks as Traditional Lenders Tighten Credit
Small Businesses Turn to Cards and Digital Banks as Traditional Lenders Tighten Credit
May 09, 2023  |  SMBs

Inflation, consumer cutbacks, and limited access to capital are all hindering small and medium businesses (SMBs), which are turning to digital tools to close gaps...

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An Industry Insider on How Secured Cards Can Boost Credit Profiles
An Industry Insider on How Secured Cards Can Boost Credit Profiles
May 09, 2023  |  Financial Inclusion

Nearly 60% of millennials report subprime credit scores, making it harder for them to get credit from traditional sources and build a credit profile. A...

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Banks Unlikely to Loosen Credit Until 2024
Banks Unlikely to Loosen Credit Until 2024
May 08, 2023  |  Loans

Banks expect to continue tightening lending standards across all loan categories through the rest of 2023. Get the Full Story Complete the form to unlock...

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FinTechs Clear Credit Path for 57% of Subprime Millennials
FinTechs Clear Credit Path for 57% of Subprime Millennials
May 08, 2023  |  Financial Inclusion

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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