loans

Today In Payments: EU Launches Pandemic Economy Financial Crime Team; US Lenders Expect Few Loan Defaults
Today In Payments: EU Launches Pandemic Economy Financial Crime Team; US Lenders Expect Few Loan...
June 08, 2020  |  News

In today’s top news, the EU has established a team to fight financial crime amid the economic downturn, and U.S. lenders expect most borrowers to...

READ MORE >
US Lenders Expect Few Loan Defaults
US Lenders Expect Few Loan Defaults
June 08, 2020  |  Loans

U.S. lenders say they expect most borrowers who were given a temporary reprieve on loans due to income loss from the impact of COVID-19 will...

READ MORE >
High Tech Microlending — And Why Chickens Hatch Great ROI
High Tech Microlending — And Why Chickens Hatch Great ROI
June 08, 2020  |  Loans

The World Bank distributes about $25 billion a year to countries through governments that identify areas where investment is needed and capital can be deployed...

READ MORE >
Chuck E. Cheese Seeks Loan For Debt Payment
Chuck E. Cheese Seeks Loan For Debt Payment
June 07, 2020  |  Loans

Chuck E. Cheese, the popular food and games chain, is talking to investors about ways to raise money to avoid filing for bankruptcy, The Wall...

READ MORE >
Fed To Launch Main Street Lending Program For Mid-Sized Companies
Fed To Launch Main Street Lending Program For Mid-Sized Companies
June 04, 2020  |  B2B Payments

The Federal Reserve will launch the Main Street Lending Program, which is geared toward mid-sized businesses, this week. By contrast, the Paycheck Protection Program (PPP)...

READ MORE >
New Fiserv Program Aims To Cover Residential And Commercial Rent
New Fiserv Program Aims To Cover Residential And Commercial Rent
June 04, 2020  |  Alternative Credit

For individuals and small businesses that are having trouble covering the rent during the COVID-19 economic collapse, but might have a credit card or line...

READ MORE >
Senate Passes Bill To Extend PPP For SMBs
Senate Passes Bill To Extend PPP For SMBs
June 03, 2020  |  Loans

The U.S. Senate passed a bill Tuesday (June 3) amending the way the Paycheck Protection Program (PPP) works, extending the time for small- to medium-sized...

READ MORE >
Why Wells Fargo Braked On Loans To Independent Auto Dealers
Why Wells Fargo Braked On Loans To Independent Auto Dealers
June 03, 2020  |  Loans

The coronavirus has idled all sorts of lending, as banks and other financial services firms eye consumers with wariness. Unemployment, after all, has skyrocketed, indicating that...

READ MORE >
Wells Fargo Cuts Off Lending Services For Independent Car Dealers
Wells Fargo Cuts Off Lending Services For Independent Car Dealers
June 02, 2020  |  Loans

Wells Fargo will no longer be giving loans to independent auto dealers, according to a report from CNBC. Get the Full Story Complete the form...

READ MORE >