loans

House Chairwoman Tells FDIC To Halt ILC Charters
House Chairwoman Tells FDIC To Halt ILC Charters
March 15, 2020  |  Loans

Congresswoman Maxine Waters, chairwoman of the House Committee on Financial Services, wants to stop any new Industrial Loan Company (ILC) charters until further notice, citing...

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Virus, Swooning Markets Put Homebuilders On Shaky Foundation
Virus, Swooning Markets Put Homebuilders On Shaky Foundation
March 13, 2020  |  Coronavirus

What will make homebuilders rally? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Coronavirus Is ‘Cross Between 9/11, 2008 Financial Crisis,’ Officials Say
Coronavirus Is ‘Cross Between 9/11, 2008 Financial Crisis,’ Officials Say
March 13, 2020  |  Banking

Banking officials are in a panic over the coronavirus as it upturns their revenues, with PJT Partners restructuring specialist Tim Coleman describing the viral pandemic...

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Cashfree Targets India’s Lenders With Disbursement API
Cashfree Targets India’s Lenders With Disbursement API
March 11, 2020  |  B2B Payments

Cashfree, one of India’s biggest business payments platforms, has announced that it has launched a new suite of payment products aimed at lending companies and...

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‘Rent-a-Bank’ Lending Practices Trigger Calls For Regulation
‘Rent-a-Bank’ Lending Practices Trigger Calls For Regulation
March 11, 2020  |  Loans

Consumer advocates are pushing federal banking regulators to do something about rent-a-banks with notoriously sky-high loan rates that prey on people with bad credit, the...

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Blockchain.com Investors Can Now Borrow Against Holdings
Blockchain.com Investors Can Now Borrow Against Holdings
March 10, 2020  |  Cryptocurrency

To allow users to borrow against their holdings, digital currency wallet and exchange company Blockchain.com unveiled a “Borrow” Service. The offering will provide loans in...

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Metro Bank Links With ezbob For Same-Day SMB Loans
Metro Bank Links With ezbob For Same-Day SMB Loans
March 09, 2020  |  B2B Payments

To provide a digital lending offering for small business clients, Metro Bank has collaborated with banking software provider ezbob. The new offering will move clients...

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Credit Bureaus Aim To Bulk Up Files For Borrowers With Little Credit History By Using Rent-Payment Data
Credit Bureaus Aim To Bulk Up Files For Borrowers With Little Credit History By Using...
March 06, 2020  |  Banking

Credit bureaus are aiming to thicken up the “thin” credit files of borrowers who have too little credit history to qualify for loans using the...

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Gauging Coronavirus Ripple Effects (And Limitations) On Interest Rates — And Borrowing
Gauging Coronavirus Ripple Effects (And Limitations) On Interest Rates — And Borrowing
March 04, 2020  |  Economy

This week has seen the twin impacts of panic and policy. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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