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

CFPB to Probe College Loan Programs

CFPB to Probe College Loan Programs
CFPB to Probe College Loan Programs
January 20, 2022  |  CFPB

The Consumer Finance Protection Bureau (CFPB) has announced its intent to look into post-secondary schools like for-profit colleges, which extend private loans to students. Get...

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New Risk Scoring Model Opens Credit Doors for Small Businesses Banks Leave Behind
New Risk Scoring Model Opens Credit Doors for Small Businesses Banks Leave Behind
January 20, 2022  |  Risk Management

Using alternative data to underwrite business loans to small- to medium-sized businesses (SMBs) isn’t new, whether pulling from social media or using other nontraditional means....

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APIs Could Move UK SMBs From Siloed to Connected Data
APIs Could Move UK SMBs From Siloed to Connected Data
January 19, 2022  |  SMBs

Small- to medium-sized businesses (SMB) make up the backbone of economies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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UK Challenger Bank Helps SMBs Build Credit History and Access Loans
UK Challenger Bank Helps SMBs Build Credit History and Access Loans
January 18, 2022  |  B2B Payments

Sixty-five percent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

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Akulaku Considers Going Public Through SPAC at $2B
Akulaku Considers Going Public Through SPAC at $2B
January 14, 2022  |  SPAC

Indonesian online lender Akulaku Inc. is mulling going public in the U.S. through a merger with a blank-check company that would value the company at...

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Legion Capital Debuts Nationwide Online Real Estate Lending Platform
Legion Capital Debuts Nationwide Online Real Estate Lending Platform
January 13, 2022  |  Real Estate

FinTech-enabled small and medium-sized business (SMB) private equity lending company Legion Capital Corporation on Thursday (Jan. 13) said it will expand its lending portfolio with...

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SMBs Seek Credit Solutions Beyond Business Owner’s Personal Credit Card
SMBs Seek Credit Solutions Beyond Business Owner’s Personal Credit Card
January 10, 2022  |  B2B Payments

In countries like Canada that have a very developed financial system, it’s easy to expect that there would be a high level of financial inclusion....

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DeFi Loan Marketplace Goldfinch Nets $25M for Its Credit Protocol
DeFi Loan Marketplace Goldfinch Nets $25M for Its Credit Protocol
January 06, 2022  |  Investments

Decentralized credit protocol Goldfinch has raised $25 million in a Series A extension round led by Andreessen Horowitz, per a Thursday (Jan. 6) report from...

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Texas SEC Probes Gunmaker, Climate Change Policies Among Lenders
Texas SEC Probes Gunmaker, Climate Change Policies Among Lenders
January 06, 2022  |  Legal

The Texas office of the Securities and Exchange Commission (SEC) will be conducting a probe into lenders’ disclosures and their policies on current issues like...

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