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 Lawsuit Alleges Pawn Lenders Bilked Military Families

CFPB Lawsuit Alleges Pawn Lenders Bilked Military Families
CFPB Lawsuit Alleges Pawn Lenders Bilked Military Families
November 12, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against pawn lenders FirstCash, Inc. and Cash America West, Inc. on Friday (Nov. 12) in a...

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FinTech Offers Small Business Bonds, Not Bank Loans to Fund Growth
FinTech Offers Small Business Bonds, Not Bank Loans to Fund Growth
November 12, 2021  |  B2B Payments

Owners of small- to medium-sized businesses (SMBs) looking to raise some money now have the opportunity to issue bonds to their everyday customers and cash...

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SoFi Touts More Finance, Lending Options in Q3
SoFi Touts More Finance, Lending Options in Q3
November 10, 2021  |  Earnings

Personal finance company SoFi saw strong third quarter earnings, according to a Wednesday (Nov. 10) press release, with the company’s three business segments — lending,...

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Payitoff Notches $8.5M Ahead of Feb. 1 Student Loan Repayments
Payitoff Notches $8.5M Ahead of Feb. 1 Student Loan Repayments
November 10, 2021  |  Investments

Payitoff, an automated student loan management company serving the FinTech sector, has generated $8.5 million in a seed round, according to a Wednesday (Nov. 10)...

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Upstart’s Triple-Digit Growth Shows AI-Based Lending’s Heady Pace
Upstart’s Triple-Digit Growth Shows AI-Based Lending’s Heady Pace
November 10, 2021  |  Loans

As growth stocks continue their heady (but never completely steady) climb on Wall Street, the question remains: When are triple-digit gains not enough? Get the...

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Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
Cars.com Moves Into Auto Finance With Acquisition of FinTech Platform CreditIQ 
November 04, 2021  |  Partnerships / Acquisitions

Automotive marketplace platform Cars.com (CARS) announced on Thursday (Nov. 4) that it has signed a definitive agreement to acquire automotive FinTech platform CreditIQ.  Get the...

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Lending Platforms, Virtual Cards Give Banks New Tools to Compete with BNPL Pure Plays
Lending Platforms, Virtual Cards Give Banks New Tools to Compete with BNPL Pure Plays
October 26, 2021  |  Buy Now Pay Later

Buy now, pay later (BNPL) is having a moment — one that won’t dissipate anytime soon. Get the Full Story Complete the form to unlock...

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Automation to Work to Bring Much-Needed Credit Relief to SMBs
Automation to Work to Bring Much-Needed Credit Relief to SMBs
October 25, 2021  |  B2B Payments

When small- to medium-sized business (SMB) owners experienced cash flow problems back in the good old days, it would inevitably leave them in a bit...

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Sezzle, Bread Partner on Loan Program
Sezzle, Bread Partner on Loan Program
October 25, 2021  |  Loans

The payments company Alliance Data Systems has formed a partnership with the buy now, pay later (BNPL) platform Sezzle, with Alliance offering its installment loan...

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