loans

Prospa Lowers Interest Rates In Second Go At IPO

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  |  Legal & 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 Credit

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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