loans

GOP Student Loan Overhaul Puts Limits on Borrowing

GOP Student Loan Overhaul Puts Limits on Borrowing
GOP Student Loan Overhaul Puts Limits on Borrowing
April 29, 2025  |  Debt

House Republicans have introduced their plan to overhaul the U.S. student loan system. The measure, introduced Monday (April 29) by members of the House Education...

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SoFi Member Deposits Grow to $27.3 Billion and Cross-Selling Accelerates
SoFi Member Deposits Grow to $27.3 Billion and Cross-Selling Accelerates
April 29, 2025  |  Earnings

SoFi Technologies posted first-quarter earnings results Tuesday (April 29) that showed continued growth in deposits and debit spending, as well as a roadmap to fee-based...

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Fed Stability Report Warns About Risks From Private Credit and Stablecoins
Fed Stability Report Warns About Risks From Private Credit and Stablecoins
April 28, 2025  |  Economy

Trade and tariffs may be the dominant risks to banks and corporates, but in the Federal Reserve’s latest “Financial Stability Report,” nonbank firms, leveraged debt...

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Debit Spend and Deposit Growth Drive Discover’s Final Standalone Quarter
Debit Spend and Deposit Growth Drive Discover’s Final Standalone Quarter
April 24, 2025  |  Earnings

Discover Financial Services posted first-quarter earnings results Thursday (April 24) that showed improving credit metrics, increased debit spending and higher deposits, ahead of its pending...

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Synchrony CEO: Credit Metrics Strong as Consumers ‘Are Being Disciplined’
Synchrony CEO: Credit Metrics Strong as Consumers ‘Are Being Disciplined’
April 22, 2025  |  Earnings

Synchrony Financial’s first-quarter results indicated that consumers are pulling back on spending, particularly for larger ticket items, and have taken steps to pare down their...

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Affirm to Report All Pay-Over-Time Loans to TransUnion
Affirm to Report All Pay-Over-Time Loans to TransUnion
April 22, 2025  |  BNPL

Affirm will begin reporting all its pay-over-time loans to TransUnion, beginning with those issued May 1. The buy now, pay later (BNPL) provider’s expanded credit...

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Alternative Data Boosts Credit Access as New Legislation Emerges
Alternative Data Boosts Credit Access as New Legislation Emerges
April 21, 2025  |  Financial Inclusion

Roughly two years ago, PYMNTS Intelligence, working in collaboration with Sezzle, found that 80 million U.S. consumers lacked reliable access to credit, which means that...

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Corporate Lending and Spending in ‘Wait and See’ Mode Amid Tariff Uncertainty
Corporate Lending and Spending in ‘Wait and See’ Mode Amid Tariff Uncertainty
April 21, 2025  |  Earnings

Through the past few weeks, bank earnings and American Express’ latest results point to a commercial lending environment where demand is muted in real estate,...

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