loans

CFPB, Payday Lenders Settle
CFPB, Payday Lenders Settle
February 03, 2019  |  CFPB

The Consumer Financial Protection Bureau, the government watchdog agency, settled with a handful of payday lenders over alleged violations of the Consumer Financial Protection Act....

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BoE Regs Find Accounting Mistakes At Metro Bank
BoE Regs Find Accounting Mistakes At Metro Bank
February 01, 2019  |  Banking

Metro Bank is dealing with the fallout from the revelation that it misclassified a large number of commercial loans, with many predicting the resignation of some...

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Lambda’s Student Loan Alternative
Lambda’s Student Loan Alternative
January 29, 2019  |  Loans

Student debt in America has grown to staggering proportions. By the end of 2018, 44 million Americans collectively held $1.5 trillion in debt related to...

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Digital Lending’s $1.4T Travel Payments Plan
Digital Lending’s $1.4T Travel Payments Plan
January 29, 2019  |  Payments Innovation

The family trip to Disney World, the honeymoon to Hawaii, the 25-year anniversary spent in Paris — the big trips people take aren’t just vacations...

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Online Lender Enova Settles With CFPB
Online Lender Enova Settles With CFPB
January 25, 2019  |  Regulation

Through a settlement with online lender Enova International, Inc., The Consumer Financial Protection Bureau (CFPB) announced on Friday (Jan. 25) that the company would, among other conditions,...

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Fed, OCC, FDIC: US Bank Loan Risk On The Decline
Fed, OCC, FDIC: US Bank Loan Risk On The Decline
January 25, 2019  |  Loans

For big bank loans taken out before April of 2018, prospects of repayment are good, federal banking regulators said on Friday (Jan. 25). However, the...

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CapX Taps Moody’s For SMB Loan Underwriting
CapX Taps Moody’s For SMB Loan Underwriting
January 25, 2019  |  B2B Payments

Equipment finance company CapX Partners has announced an integration of Moody’s Analytics technology to strengthen its underwriting and risk mitigation capabilities. Get the Full Story...

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Commerce Secretary: Furloughed Workers Should Take Out Loans
Commerce Secretary: Furloughed Workers Should Take Out Loans
January 24, 2019  |  Economy

The U.S. Commerce Secretary Wilbur Ross told CNBC in an interview on Thursday (Jan. 24) that furloughed federal employees should take out loans to pay...

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More Americans Inch Toward Maxing Out Cards
More Americans Inch Toward Maxing Out Cards
January 24, 2019  |  Debt

Taking it to the limit, indeed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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