loans

PPP Application Deadline Extended Until Aug. 8
PPP Application Deadline Extended Until Aug. 8
July 01, 2020  |  Loans

The U.S. House of Representatives has passed a bill to extend the deadline for businesses to apply for forgivable loan aid through the Paycheck Protection...

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How CUs Can Leverage Loyalty Programs To Boost Their Brands And Retain Members
How CUs Can Leverage Loyalty Programs To Boost Their Brands And Retain Members
July 01, 2020  |  Credit Unions

Serving credit union (CU) members during the pandemic means anticipating what their members need and offering the right products and services at the right place...

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Senate Approves Five-Week Extension For Paycheck Protection Program 
Senate Approves Five-Week Extension For Paycheck Protection Program 
July 01, 2020  |  Loans

Just as the application deadline was set to expire on the Paycheck Protection Program (PPP) at midnight Tuesday (June 30), the U.S. Senate extended the...

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Lenders Tighten Credit Requirements Amid New Reporting Rules
Lenders Tighten Credit Requirements Amid New Reporting Rules
June 29, 2020  |  Loans

It’s a little harder for U.S. consumers to get credit as lenders retreat during the coronavirus crisis, The Wall Street Journal reported. Get the Full...

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Asto To Work With Funding Options As Lender Partner
Asto To Work With Funding Options As Lender Partner
June 24, 2020  |  B2B Payments

Asto will now be offering flexible loans for small- to medium-sized businesses (SMBs) on the Funding Options platform, according to a press release. Get the...

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Wirecard Catches A $2B Break From Lenders On Loan Repayment
Wirecard Catches A $2B Break From Lenders On Loan Repayment
June 24, 2020  |  Loans

After a week of bad news, the embattled Wirecard AG caught a break from lenders that provided 1.75 billion euros ($2 billion) in credit to the German payment...

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Data Shows Less US Home Mortgages In Forbearance First Since March
Data Shows Less US Home Mortgages In Forbearance First Since March
June 23, 2020  |  Loans

The latest Forbearance and Call Volume Survey by the Mortgage Bankers Association (MBA) has seen a decrease in the number of loans up for forbearance,...

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Some PPP Borrowers Foresee Layoffs When PPP Money Runs Out
Some PPP Borrowers Foresee Layoffs When PPP Money Runs Out
June 23, 2020  |  Loans

After using their Paycheck Protection Program (PPP) loans, 14 percent of borrowers foresee needing to lay off staffers, per a survey from the NFIB Research Center. Half...

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Treasury To Release SMB Data On PPP Loans
Treasury To Release SMB Data On PPP Loans
June 22, 2020  |  Loans

In a 180-degree turn, the Trump administration now says it will release the names of Paycheck Protection Program (PPP) recipients and the amount of taxpayer-funded...

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