loans

Wells Fargo Expects Consumer Loan Growth to Remain Flat or Slow

Wells Fargo Expects Consumer Loan Growth to Remain Flat or Slow
Wells Fargo Expects Consumer Loan Growth to Remain Flat or Slow
June 10, 2025  |  Loans

Wells Fargo reportedly expects consumer loan growth in the United States to remain flat or potentially decrease through the end of the year. Get the...

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Citigroup Increases Loan Loss Provisions Due to ‘Macro Environment’
Citigroup Increases Loan Loss Provisions Due to ‘Macro Environment’
June 10, 2025  |  Consumer Finance

Citigroup is reportedly preparing for a possible decline in consumer financial health by putting aside more provisions for potential losses on loans. Get the Full Story...

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CFPB Funding Sits in Crosshairs of Senate Committee’s Additions to ‘Big Beautiful Bill’
CFPB Funding Sits in Crosshairs of Senate Committee’s Additions to ‘Big Beautiful Bill’
June 09, 2025  |  CFPB

A so-called megabill grabbing headlines and making its way through Congress is on track to further alter the Consumer Financial Protection Bureau, an agency already...

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Revolving Credit Jumped in April as Consumers Loaded Up on Card Debt
Revolving Credit Jumped in April as Consumers Loaded Up on Card Debt
June 06, 2025  |  Economy

The paydowns earlier this year were temporary. And as the latest consumer credit data from the Federal Reserve on Friday (June 6) indicated, consumers turned...

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New Congressional Bill Takes Aim at $335M in Small Business Lending Fraud
New Congressional Bill Takes Aim at $335M in Small Business Lending Fraud
June 05, 2025  |  Loans

As tariffs loomed this spring, PYMNTS Intelligence found that obtaining financing was (and is) a difficult endeavor for smaller firms, which power the U.S. economy....

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US House Passes Bill Requiring Report on SBA Loan Program
US House Passes Bill Requiring Report on SBA Loan Program
June 05, 2025  |  Legal

The House of Representatives passed legislation Tuesday (June 3) that its sponsor said will combat fraud and improve transparency in a Small Business Administration (SBA) loan...

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Fed’s Beige Book Shows Muted Hiring and Spending as Uncertainty Lingers
Fed’s Beige Book Shows Muted Hiring and Spending as Uncertainty Lingers
June 05, 2025  |  Economy

A month and a half since the Federal Reserve’s last Beige Book, which takes the pulse of the economy through observations of businesses and community...

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Working Capital Efficiency Rises 2.5% Among North American Middle-Market Companies
Working Capital Efficiency Rises 2.5% Among North American Middle-Market Companies
June 05, 2025  |  Working Capital

North American middle-market firms are demonstrating resilience, fueled in part by an increasing and more strategic use of financial tools. Get the Full Story Complete...

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JPMorgan to Accept Bitcoin ETFs as Loan Collateral
JPMorgan to Accept Bitcoin ETFs as Loan Collateral
June 04, 2025  |  Bitcoin

JPMorgan Chase plans to offer financing to clients using spot bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares Bitcoin Trust (IBIT) as collateral, Bloomberg reported Wednesday...

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