loans

Businesses May See Cost of Capital Relief as Fed Slashes Rates

Businesses May See Cost of Capital Relief as Fed Slashes Rates
Businesses May See Cost of Capital Relief as Fed Slashes Rates
September 18, 2024  |  Economy

The Federal Reserve cut interest rates by 0.5% Wednesday (Sept. 18), the first cut in four years. Get the Full Story Complete the form to...

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Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
Digital Platforms Promise Real-Time Fix for Loan Market’s Fax Problem
September 18, 2024  |  Loans

For every fragmented ecosystem, there’s a digital innovation being built and scaled to streamline it. Get the Full Story Complete the form to unlock this...

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Memo to Lenders: Go Digital or Go Home
Memo to Lenders: Go Digital or Go Home
September 17, 2024  |  Loans

The benefits of swapping analog, manual processes for digital ones are obvious. Get the Full Story Complete the form to unlock this article and enjoy...

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Report: Cherry Considers Offering Bonds Tied to BNPL for Cosmetic Surgery
Report: Cherry Considers Offering Bonds Tied to BNPL for Cosmetic Surgery
September 16, 2024  |  BNPL

Cherry is reportedly gauging investors’ interest in a potential bond tied to buy now, pay later (BNPL) loans for dental or medical aesthetic treatments like cosmetic...

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Santander Consumer Expands Small Business Offering to Car Dealers
Santander Consumer Expands Small Business Offering to Car Dealers
September 16, 2024  |  SMBs

Santander Consumer is expanding its small business offering to all auto dealers using its platform. Get the Full Story Complete the form to unlock this...

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Car Payments Squeeze Consumers as Debt Mounts
Car Payments Squeeze Consumers as Debt Mounts
September 13, 2024  |  Debt

The money consumers saved during the pandemic has been spent. Savings are pressured, and credit card debt is mounting. When it comes to keeping current...

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Consumer Delinquency Rates Decline as Inflation Slows
Consumer Delinquency Rates Decline as Inflation Slows
September 13, 2024  |  Loans

More consumers are making their loan payments on time, aided by slower inflation and other trends. Get the Full Story Complete the form to unlock...

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CFPB Bars Navient From Federal Student Loan Business
CFPB Bars Navient From Federal Student Loan Business
September 12, 2024  |  Regulation

Navient is exiting the federal student loan business as a regulator prepares to fine it $120 million. Get the Full Story Complete the form to...

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Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
September 11, 2024  |  Banking

Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected....

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