loans

More Potential Homeowners Turning To Alternative Lending
More Potential Homeowners Turning To Alternative Lending
November 02, 2017  |  Loans

A growing number of potential U.S. homebuyers are turning to alternative lenders to purchase their dream homes. According to news from CNBC, six of the...

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The CFPB Criticizes Increase In Long-Term Auto Loans
The CFPB Criticizes Increase In Long-Term Auto Loans
November 02, 2017  |  CFPB

According to the latest report by the Consumer Financial Protection Bureau (CFPB), long-term auto loans are on the rise. The CFPB’s data finds that 42...

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SoFi Tried To Sell Itself For $8B Earlier This Year
SoFi Tried To Sell Itself For $8B Earlier This Year
October 23, 2017  |  Alternative Finances

According to reports in The Financial Times, SoFi explored the possibility of an $8 billion sale earlier this year — a process that went far enough...

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Small Business Borrowing To Take A Downturn, Survey Finds
Small Business Borrowing To Take A Downturn, Survey Finds
October 19, 2017  |  B2B Payments

A new survey released on Wednesday (Oct. 18) suggests that small businesses (SMBs) are likely to reduce borrowing activity in the second half of 2017....

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Bank Of America Reports $4B In P2P Via Zelle Network In Q3
Bank Of America Reports $4B In P2P Via Zelle Network In Q3
October 16, 2017  |  Earnings

Rounding out a slew of big bank earnings that came last week, Bank of America reported its third-quarter results Friday. Like its peers, it showed...

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Why The Final Payday Lending Rules Are Far From The Last Word
Why The Final Payday Lending Rules Are Far From The Last Word
October 11, 2017  |  Alternative Finances

Last week, after five years of debates, discussions, arguments and waiting, the Consumer Financial Protection Bureau’s (CFPB) final rules for payday lending dropped. As one...

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Indian Bank’s Sour Loans Hit Near $146B
Indian Bank’s Sour Loans Hit Near $146B
October 11, 2017  |  Loans

Reuters reported that bad debt continues to linger on Indian banks’ balance sheets. On Tuesday (Oct. 10), the newswire said that the souring loans totaled...

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The Role Of SMB Lending At Community Banks Is Changing
The Role Of SMB Lending At Community Banks Is Changing
October 11, 2017  |  B2B Payments

Small business (SMB) lending is big business for community banks, which are a popular destination for small business borrowers, thanks to strong approval rates on...

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CEO’s Hedge Fund Bails Sears Out With A Cash Injection (Again)
CEO’s Hedge Fund Bails Sears Out With A Cash Injection (Again)
October 06, 2017  |  Retail

Eddie Lampert — and his checkbook — really, really believe in Sears. In fact, according to a recent report from Chain Store Age, Lambert believes so much...

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