loans

Affirm CEO: Recession Will Prove Our Underwriting Smarts

Affirm CEO: Recession Will Prove Our Underwriting Smarts
Affirm CEO: Recession Will Prove Our Underwriting Smarts
August 14, 2022  |  Buy Now Pay Later

Affirm Holdings has seen its stock down 77% since a November high, but founder Max Levchin is confident that his company will be able to...

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Rocket Mortgage, Q2 Holdings Partner to Offer FIs Digital Home Loan Process
Rocket Mortgage, Q2 Holdings Partner to Offer FIs Digital Home Loan Process
August 11, 2022  |  Loans

Banks and credit unions (CUs) want to advance their digital strategies and offer new conveniences to customers but may be wary of the cost of...

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Reserve Bank of India Strengthens Digital Lending Rules
Reserve Bank of India Strengthens Digital Lending Rules
August 10, 2022  |  Bank Regulation

India’s central bank has issued new guidelines designed to add oversight to digital lending apps and the lenders who work with them. Get the Full...

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iCreditWorks Adds Short-Term Installments to POS Services
iCreditWorks Adds Short-Term Installments to POS Services
August 09, 2022  |  Loans

Mobile lending startup iCreditWorks is launching an installment product to add to its suite of point-of-sale (POS) financing solutions that enable users to pay off purchases in...

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US Bank Helps Car Dealers Deliver Instant Funding
US Bank Helps Car Dealers Deliver Instant Funding
August 09, 2022  |  Loans

U.S. Bank can now provide loan funds to car dealers immediately after a loan contract is finalized by the bank, according to a Tuesday (Aug....

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Goldman Sachs Group Lends $150M to Clara to Meet LatAm Firms’ Need for Loans
Goldman Sachs Group Lends $150M to Clara to Meet LatAm Firms’ Need for Loans
August 08, 2022  |  Loans

Helping to meet Latin American corporations’ need for loans and assistance with spend management, Goldman Sachs Group has lent $150 million to Clara, a Mexican...

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Wirex Expands Credit Program to UK, Introduces New Crypto Collateral Options
Wirex Expands Credit Program to UK, Introduces New Crypto Collateral Options
August 04, 2022  |  Cryptocurrency

Cryptocurrency and payments ecosystem Wirex has expanded the Wirex Credit program to new regions and developed additional features, the company announced Thursday (Aug. 4) Get...

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Auxmoney Grabs $500M+ for Increased Peer-to-Peer Lending
Auxmoney Grabs $500M+ for Increased Peer-to-Peer Lending
August 03, 2022  |  Investments

German digital peer-to-peer lending platform Auxmoney raked in almost $508 million in investor funding that it will use to offer more consumer loans. Get the...

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Credit Crunch Looms for Auto Lenders as Paycheck-to-Paycheck Pressures Intensify
Credit Crunch Looms for Auto Lenders as Paycheck-to-Paycheck Pressures Intensify
August 02, 2022  |  Loans

The credit crunch looms for auto lenders — perhaps most imminently for those lending to the subprime market. Get the Full Story Complete the form...

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