Digital financial services app SoFi introduced a lending program for small businesses, according to a Tuesday (June 30) press release. Get the Full Story Complete...
For decades, lenders have treated employment as a proxy for stability. But more Americans are piecing together income from hourly work, contract jobs, commissions and...
The CFPB has rescinded six-year-old guidance for lenders on offering special purpose credit programs (SPCPs). Get the Full Story Complete the form to unlock this article and...
Amazon has entered into a term loan agreement with Citibank and more than a dozen other banks that provides the company with a $17.5 billion senior unsecured delayed draw term...
Financial fraud today is no longer chaotic. It is being optimized by artificial intelligence. Get the Full Story Complete the form to unlock this article...
Housing pressures are reportedly leading more companies to offer “rent now, pay later” loans. Get the Full Story Complete the form to unlock this article...
The Consumer Financial Protection Bureau (CFPB) released a statement Friday (June 5) reminding creditors that when they assess consumers’ ability to repay mortgages and certain open-end credit products, they...
Installment lending was once framed as a way to broaden access to credit. Get the Full Story Complete the form to unlock this article and...