loans

CFPB Report: Installments Top Consumer Complaints on Personal Loans
CFPB Report: Installments Top Consumer Complaints on Personal Loans
March 29, 2024  |  Loans

The Consumer Financial Protection Bureau detailed in its 2023 Consumer Response Annual Report that consumers have been the targets of fraudulent account openings, and installment...

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Intuit QuickBooks Adds Line of Credit to Its Platform
Intuit QuickBooks Adds Line of Credit to Its Platform
March 28, 2024  |  Loans

Intuit QuickBooks has added a line of credit offering to the small business lending options available through its platform. The new QuickBooks Line of Credit...

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Eight in 10 EU Mid-Market Firms Needed Working Capital Solutions in 2023
Eight in 10 EU Mid-Market Firms Needed Working Capital Solutions in 2023
March 28, 2024  |  Europe

European middle-market firms have the second-highest need for working capital solutions. That’s according to “The 2023-2024 Growth Corporates Working Capital Index: Europe Edition,” a PYMNTS...

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Consumer Credit Lender CURO Files for Bankruptcy Protection
Consumer Credit Lender CURO Files for Bankruptcy Protection
March 25, 2024  |  Business

CURO Group Holdings has filed for bankruptcy protection to implement the terms of a Restructuring Support Agreement (RSA) supported by about 74% of its lenders. The...

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28% of BNPL Applicants Motivated by No Interest Rate
28% of BNPL Applicants Motivated by No Interest Rate
March 25, 2024  |  BNPL

For buy now, pay later (BNPL) applicants, PYMNTS Intelligence finds, interest rates are a key concern. By the Numbers The 2023 PYMNTS Intelligence report “The...

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Chime Extends Fee-Free Overdraft Feature to Credit Builder Card
Chime Extends Fee-Free Overdraft Feature to Credit Builder Card
March 25, 2024  |  Personal Finance

Chime’s fee-free overdraft feature, SpotMe, is now available when members use the Chime Secured Credit Builder Visa Credit Card, in addition to debit card purchases and cash...

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Brazilian FinTechs Under Pressure as Delinquency Rates Soar
Brazilian FinTechs Under Pressure as Delinquency Rates Soar
March 25, 2024  |  Loans

Brazilian FinTech firms are reportedly grappling with a surge in loan defaults, leading to a crisis in the asset-backed credit market. The delinquency rates on...

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Florida-Based Liberty Savings Bank Taps Upstart to Provide Personal Loans
Florida-Based Liberty Savings Bank Taps Upstart to Provide Personal Loans
March 21, 2024  |  Partnerships

Florida-based Liberty Savings Bank has partnered with artificial intelligence (AI) lending marketplace Upstart to provide personal loans.  The bank, which serves Florida’s Sarasota-Manatee County and has...

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Biden Cancels $5.6 Billion in Student Loans for Public Service Workers
Biden Cancels $5.6 Billion in Student Loans for Public Service Workers
March 21, 2024  |  Loans

The White House is canceling nearly $6 billion in student loans for public service workers. The cancellation, announced Thursday (March 21), applies to 78,000 teachers, nurses, firefighters and other...

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