loans

Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later

Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
Affirm’s Levchin Sees Company Becoming the American Express of Buy Now, Pay Later
March 27, 2025  |  BNPL

The lure of paying over time lies with the predictability of the repayment. Consumers don’t think of pay later options as credit, at least not...

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CBO Says Debt Limit Change Probably Needed by August or September
CBO Says Debt Limit Change Probably Needed by August or September
March 26, 2025  |  Debt

The Congressional Budget Office (CBO) said Wednesday (March 26) that if the debt limit is not raised or suspended, the government’s ability to borrow will...

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House Financial Services Committee Aims to Improve Access to Capital
House Financial Services Committee Aims to Improve Access to Capital
March 26, 2025  |  Business

The House Financial Services Committee (HFSC) is reviewing more than 40 bills that aim to improve business’ access to capital. During a Tuesday (March 25)...

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Utah Governor Signs Bill to Regulate Earned Wage Access Industry
Utah Governor Signs Bill to Regulate Earned Wage Access Industry
March 26, 2025  |  Legal & Regulation

Utah Gov. Spencer J. Cox signed an earned wage access bill Wednesday (March 26), according to a press release issued by his office. The bill,...

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PayPal’s Merchant Lending Solutions Top $30 Billion in Loan Originations
PayPal’s Merchant Lending Solutions Top $30 Billion in Loan Originations
March 26, 2025  |  Loans

PayPal said Wednesday (March 26) that it has passed $30 billion in global loan originations for small businesses since launching its first merchant lending solution...

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Experian Targets ‘Credit Invisible’ Borrowers With Cashflow Score
Experian Targets ‘Credit Invisible’ Borrowers With Cashflow Score
March 25, 2025  |  Loans

Experian has launched a tool designed to increase financial access for people with limited credit history. Cashflow Score, unveiled Tuesday (March 25), is designed to give lenders a...

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Auto Lenders Face Emerging Threat From AI-Powered Fraud Tools
Auto Lenders Face Emerging Threat From AI-Powered Fraud Tools
March 25, 2025  |  Fraud Prevention

Auto lenders face an emerging threat from artificial intelligence (AI)-powered fraud tools, according to Point Predictive. The “explosive growth” of these tools may impact lenders...

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Synchrony: Consumers Becoming ‘More Thoughtful About Spending’
Synchrony: Consumers Becoming ‘More Thoughtful About Spending’
March 25, 2025  |  Economy

American consumers are growing more cautious about spending, according to an executive at card issuer Synchrony. In an interview with Reuters published Tuesday (March 25), Synchrony EVP and...

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