loans

Record-High Share of Americans Have Paid Off Their Homes 
Record-High Share of Americans Have Paid Off Their Homes 
November 17, 2023  |  Real Estate

An increasing number of Americans have realized the dream of owning a home without the burden of a mortgage.  Nearly 40% of homeowners in the...

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5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
5 Signs Consumers Are Feeling Pinched Into the Holidays and Beyond
November 17, 2023  |  Economy

The holidays are upon us. The credit card debt has been racked up. The broad deluge of earnings reports has slowed to a trickle. The...

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Plaid and YouLend Partnership Delivers 90% Approval Rate on Financing
Plaid and YouLend Partnership Delivers 90% Approval Rate on Financing
November 16, 2023  |  SMBs

A partnership of open banking network Plaid and embedded financing platform YouLend boosted the availability of capital to small- to medium-sized businesses (SMBs) in Europe....

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Bank of America Debuts Digital Car Buying/Financing Tools
Bank of America Debuts Digital Car Buying/Financing Tools
November 15, 2023  |  eCommerce

Bank of America has debuted tools to help customers complete and finance online car purchases. Clients can now become prequalified for auto financing to find out...

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CFPB Bans Enova From Offering Certain Consumer Loans
CFPB Bans Enova From Offering Certain Consumer Loans
November 15, 2023  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has ordered online lender Enova International to pay a $15 million penalty, banned it from offering certain consumer loans...

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DigniFi and Dealer Pay Team to Help Finance Car Repairs
DigniFi and Dealer Pay Team to Help Finance Car Repairs
November 13, 2023  |  Partnerships

Automotive repair financing FinTech DigniFi has teamed with car dealer point-of-sale provider Dealer Pay. The collaboration, announced Monday (Nov. 13), combines Dignifi’s financing and payment options with Dealer Pay’s payment...

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Buy Now, Pay Later Thrives Despite Rising Interest Rates
Buy Now, Pay Later Thrives Despite Rising Interest Rates
November 09, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) company Affirm continues to see demand from investors, reportedly defying earlier concerns about rising interest rates affecting all BNPL lenders. Unlike traditional...

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Early-Access Compensation Popular as Nearly 80% of Workers Opt for Instant Payouts
Early-Access Compensation Popular as Nearly 80% of Workers Opt for Instant Payouts
November 09, 2023  |  Disbursements

American workers are ditching the traditional waiting game and opting to receive their income and earnings in real time. It’s not just a preference; it’s...

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Federal Reserve Survey Reveals Tightened Lending Standards and Weaker Demand
Federal Reserve Survey Reveals Tightened Lending Standards and Weaker Demand
November 06, 2023  |  Economy

Lending standards have tightened and demand has weakened in the third quarter of 2023, according to the Federal Reserve’s October Senior Loan Officer Opinion Survey...

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