loans

Taxi Drivers Driven To Bankruptcy Over Medallion Loans
Taxi Drivers Driven To Bankruptcy Over Medallion Loans
May 19, 2019  |  Loans

The New York City taxicab industry has been suffering, with a series of suicides plaguing taxi drivers over the past year as they struggle with...

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Prospa Lowers Interest Rates In Second Go At IPO
Prospa Lowers Interest Rates In Second Go At IPO
May 17, 2019  |  B2B Payments

More than a year after Prospa delayed its initial public offering (IPO) plans, the Australian alternative lender is once again gearing up to go public —...

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FTC To Scrutinize SMB Confessions Of Judgement?
FTC To Scrutinize SMB Confessions Of Judgement?
May 13, 2019  |  Regulation

Small business lending could get a bit more scrutiny from regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Federal Reserve Voices Concern Over Corporate Debt
Federal Reserve Voices Concern Over Corporate Debt
May 08, 2019  |  B2B Payments

Record levels of corporate debt in the U.S. have caught the attention of the Federal Reserve. According to Reuters on Tuesday (May 7), the Fed released...

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Higher Fees Drive LendingClub’s Earnings Beat
Higher Fees Drive LendingClub’s Earnings Beat
May 08, 2019  |  Alternative Finances

Stronger-than-expected loan originations combined with increased transaction fees to push LendingClub’s quarterly earnings report past analyst expectations when the results went live shortly after the...

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BBB Sounds Alarm On Online Small Business Lending
BBB Sounds Alarm On Online Small Business Lending
May 07, 2019  |  B2B Payments

The Better Business Bureau (BBB) is issuing a warning to small businesses (SMBs) about a possible lending scam shedding light on the risks of online...

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OnDeck Tightens Credit Standards As Charge-offs Rise
OnDeck Tightens Credit Standards As Charge-offs Rise
May 02, 2019  |  Earnings

OnDeck Capital’s shares skidded into the close of a trading day that saw shares down as much as 16 percent, tumbling in the wake of...

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Credit Card Losses Top Home, Auto Loans At US Banks
Credit Card Losses Top Home, Auto Loans At US Banks
May 01, 2019  |  Loans

Credit card losses at the biggest banks are outpacing auto and home loans, with the biggest margin seen in the last 10 years, according to...

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Moody’s: Auto Loans Improve, Credit Cards And Mortgages Stable
Moody’s: Auto Loans Improve, Credit Cards And Mortgages Stable
April 26, 2019  |  Banking

Moody’s Investors Service has released its Q1 report on consumer loans and their performances for the biggest U.S. retail banks. The loans includes auto, credit...

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