loans

CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
CFPB Alleges Organizations Ignored Student Loan Borrowers’ Payment Relief Requests
May 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has filed a complaint against the National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency (PHEAA), alleging that they ignored student...

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Only Half of Consumers Globally Are Satisfied With Embedded Lending Options
Only Half of Consumers Globally Are Satisfied With Embedded Lending Options
May 06, 2024  |  Loans

Embedded lending tools enable potential borrowers to apply for credit directly from the merchant or provider’s platform — often while paying for a product or...

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PNC and TCW Partner on Loans to Middle Market Companies
PNC and TCW Partner on Loans to Middle Market Companies
May 06, 2024  |  Partnerships

The PNC Financial Services Group and the TCW Group have formalized and expanded their partnership to develop a private credit platform focused on middle market lending....

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Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
May 05, 2024  |  Loans

Private equity companies are reportedly stepping up efforts to compete with banks on low-interest loans. Get the Full Story Complete the form to unlock this...

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Block, PayPal Earnings Show Sellers Continue to Embrace Working Capital
Block, PayPal Earnings Show Sellers Continue to Embrace Working Capital
May 03, 2024  |  Loans

For Block and for PayPal, the headlines gleaned from earnings may be about bitcoin, about gross payment volumes and the continued shift to digital transactions....

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Gen Z Small Business Owners Get Personal for Business Loans
Gen Z Small Business Owners Get Personal for Business Loans
May 03, 2024  |  SMBs

At a time when every financial decision counts, many small to medium-sized businesses (SMBs) can at least take some comfort knowing there are a wide...

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Fed Study: Banks Examine Credit Use When Considering Limit Increases
Fed Study: Banks Examine Credit Use When Considering Limit Increases
May 03, 2024  |  Banking

A new study from the Federal Reserve indicates that it’s not income levels or ability to repay that drives banks’ willingness to extend credit. Get...

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Small Businesses Owe $59 Billion From COVID Disaster Loans
Small Businesses Owe $59 Billion From COVID Disaster Loans
May 02, 2024  |  Loans

The Small Business Administration (SBA) loaned out $390 billion to keep companies afloat during COVID. Get the Full Story Complete the form to unlock this article and...

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Payments FinTech SumUp Gets $1.6 Billion Private Credit Loan
Payments FinTech SumUp Gets $1.6 Billion Private Credit Loan
May 01, 2024  |  Loans

United Kingdom payments FinTech SumUp is reportedly looking to expand following a $1.6 billion loan. Get the Full Story Complete the form to unlock this article...

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