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

Analyst Says SoFi Accounting Practices May Face Regulatory Scrutiny

Analyst Says SoFi Accounting Practices May Face Regulatory Scrutiny
Analyst Says SoFi Accounting Practices May Face Regulatory Scrutiny
May 15, 2023  |  Loans

SoFi Technologies’ stock dipped Monday (May 15) after an analyst said its accounting may overstate its capital. Get the Full Story Complete the form to...

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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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