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

New Jersey’s Cross River Bank Picks Up Analytics Company PeerIQ

New Jersey’s Cross River Bank Picks Up Analytics Company PeerIQ
New Jersey’s Cross River Bank Picks Up Analytics Company PeerIQ
June 23, 2021  |  Partnerships / Acquisitions

CRB Group has acquired PeerIQ, a data and risk analytics company that helps lending institutions analyze, assess and manage risk. CRB, based in Fort Lee,...

READ MORE >
Non-Bank Lenders Leading The Mortgage Race
Non-Bank Lenders Leading The Mortgage Race
June 22, 2021  |  Loans

Last year was a record year for Americans taking out mortgages. And as The Wall Street Journal reported Tuesday (June 22), most of those mortgages...

READ MORE >
Avant CEO: Near-Prime Consumers Aren’t As Risky As Incomplete Data Suggests
Avant CEO: Near-Prime Consumers Aren’t As Risky As Incomplete Data Suggests
June 17, 2021  |  Risk Management

The last 16 or so months has triggered a full reset of almost every part of consumers’ lives, as they were forced to rewire themselves to...

READ MORE >
New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck
New Report: 53 Pct Of Upper-Income Americans Live Paycheck-To-Paycheck
June 15, 2021  |  Consumer Finance

Living paycheck to paycheck is sometimes seen as synonymous with being poor, an unfortunate but relatively uncommon circumstance. In fact, it is far more widespread...

READ MORE >
As FinTech Business Models Shift, Asset-Based Funding Evolves, Too
As FinTech Business Models Shift, Asset-Based Funding Evolves, Too
June 11, 2021  |  B2B Payments

Not every form of financing is right for every business, but for many high-growth technology companies, the options for funding that fits their expansion trajectories...

READ MORE >
Personal Loan Provider Rankings Lend A Sense Of Greater Credit Access
Personal Loan Provider Rankings Lend A Sense Of Greater Credit Access
June 10, 2021  |  Loans

An estimated 10,000 U.S. baby boomers turn 60 every day, and they need money to rebuy the entire Beatles catalog in whatever new format we’re...

READ MORE >
Zen-Like Stillness Hides Kinetic Action Behind New Personal Loan Provider Rankings
Zen-Like Stillness Hides Kinetic Action Behind New Personal Loan Provider Rankings
June 10, 2021  |  Mobile Applications

We have such a good time doing the Provider Ranking of Personal Loan Apps that it’s kind of a drag more of them don’t chart....

READ MORE >
Banks Seek To Temper Deposits From Corporates
Banks Seek To Temper Deposits From Corporates
June 09, 2021  |  Banking

Banks have hit a ceiling on the amount of deposits they want to carry from companies — so much so that banks don’t know what...

READ MORE >
Technology Helps Locked-Out Consumers Access Lending
Technology Helps Locked-Out Consumers Access Lending
June 09, 2021  |  Financial Inclusion

The problem of unbanked consumers — those without access to a checking or savings account — has remarkably improved, with over 95 percent of American...

READ MORE >