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LendingClub Drives Auto Refinance Across 40 States, Reaching 94% of US Population

LendingClub Drives Auto Refinance Across 40 States, Reaching 94% of US Population
LendingClub Drives Auto Refinance Across 40 States, Reaching 94% of US Population
November 30, 2021  |  Loans

Digital marketplace bank LendingClub now offers automobile refinance loans in 40 states, reaching 94% of the population nationwide and saving the average borrower about $4,000...

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Lenders Use Automation, Data and Payments Tech to Shorten Approval, Payout Process
Lenders Use Automation, Data and Payments Tech to Shorten Approval, Payout Process
November 30, 2021  |  Disbursements

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Verification Platform Puts Data Portability to the Test in the Lending Space
Verification Platform Puts Data Portability to the Test in the Lending Space
November 24, 2021  |  Data

As the debate over consumer data privacy moves from the living room to the board room to meeting rooms on Capitol Hill, more firms are...

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Small Business Owners, FinTechs Back Federal Truth in Lending Bill
Small Business Owners, FinTechs Back Federal Truth in Lending Bill
November 23, 2021  |  Loans

In lending, many basic protections that apply to consumers, such as disclosure of the annual percentage rate, aren’t required when lending to small businesses. And...

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AmEx Lured Business Customers with Fraudulent Sales Pitch
AmEx Lured Business Customers with Fraudulent Sales Pitch
November 22, 2021  |  Banking

American Express’ pitch to business customers that using an AmEx card to pay employees and suppliers turned out to be built on a flawed premise...

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LendingClub Backs US Truth in Lending Bill to Extend Transparency
LendingClub Backs US Truth in Lending Bill to Extend Transparency
November 19, 2021  |  Politics

LendingClub is backing the Small Business Lending Disclosure Act, a bill introduced in the U.S. House and Senate this week that calls for extending the...

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Personal Loan Provider Ranking Would’ve Been Easy — Except for One Giant Change
Personal Loan Provider Ranking Would’ve Been Easy — Except for One Giant Change
November 18, 2021  |  Loans

Maybe you’d like to consolidate some debt. That roof isn’t going to earn its own money and fix itself — and come to think of...

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RecargaPay Authorized to Offer Loans
RecargaPay Authorized to Offer Loans
November 17, 2021  |  Loans

RecargaPay, a mobile payments and wallet for Brazil, has received authorization from the central bank to provide loans, according to a Wednesday (Nov. 17) report...

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CFPB to Gather Comments on Data Collection in Mortgage Lending
CFPB to Gather Comments on Data Collection in Mortgage Lending
November 16, 2021  |  Loans

The Consumer Financial Protection Bureau (CFPB) is looking for input on implementing the Home Mortgage Disclosure Act (HMDA), which requires lenders to report information about...

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