loans

Research Links Quick Access to Digital Loans to Higher Default Rates
Research Links Quick Access to Digital Loans to Higher Default Rates
October 10, 2023  |  Loans

Technology broadened the lending landscape, making it easier for previously underserved populations to receive money with a speediness that would be otherwise unimaginable were it...

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26% of Consumers Say Interest Rates Influence Credit Product Choices
26% of Consumers Say Interest Rates Influence Credit Product Choices
October 09, 2023  |  Consumer Insights

Consumers are increasingly focused on finding the best deal — a preference driven by loss aversion and a desire to maximize the benefits of their...

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High Interest Rates Drive New Records in Auto Loan Payments
High Interest Rates Drive New Records in Auto Loan Payments
October 06, 2023  |  Loans

The surge in interest rates has resulted in record-high loan payments for consumers who have borrowed money to purchase new cars. Get the Full Story...

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More Than Half of Main Street SMBs Have ‘No Access’ to Credit
More Than Half of Main Street SMBs Have ‘No Access’ to Credit
October 06, 2023  |  SMBs

Small- to medium-sized businesses (SMBs) on Main Street are finding a dearth of options when it comes to getting the money they need to stay...

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Small Businesses Look for New Options as Traditional Funding Shrinks
Small Businesses Look for New Options as Traditional Funding Shrinks
October 05, 2023  |  SMBs

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Biden Administration Cancels $9 Billion in Student Loans as Payments Restart
Biden Administration Cancels $9 Billion in Student Loans as Payments Restart
October 04, 2023  |  Loans

The White House canceled $9 billion in debt for 125,000 student loan borrowers. Get the Full Story Complete the form to unlock this article and...

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Working Capital Deserts on Main Street Challenge Small Business Survival
Working Capital Deserts on Main Street Challenge Small Business Survival
October 02, 2023  |  SMBs

Access to business financing is crucial for small and medium-sized businesses (SMBs) on Main Street — firms generating less than $10 million in annual revenue...

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More Men Than Women Have Been Denied Credit at Least Once in Past Year
More Men Than Women Have Been Denied Credit at Least Once in Past Year
September 29, 2023  |  Consumer Insights

In the United States where credit scores are a critical factor in determining whether you are approved or denied for a mortgage, auto loan or...

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Report: Almost $270 Billion in Leveraged Loans at Default Risk
Report: Almost $270 Billion in Leveraged Loans at Default Risk
September 27, 2023  |  Loans

Leveraged loans were a popular method of financing during the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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