personal loans

Predictions That Student Loans Would Impact Target’s Earnings May Have Hit the Bull’s-Eye
Predictions That Student Loans Would Impact Target’s Earnings May Have Hit the Bull’s-Eye
August 16, 2023  |  Loans

The retailer’s strategy of appealing to millennials may be backfiring as the generation prepares to lose spending power to student loan repayments.   Once again, consumer...

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SoFi’s Membership Rosters Surge 46% Year on Year
SoFi’s Membership Rosters Surge 46% Year on Year
May 01, 2023  |  Earnings

SoFi’s latest quarterly results underscore a continued demand for personal loans — and a platform model that supports a continuum of spending, saving and direct...

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Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers
Fewer Loans and Higher Rates the New Norm for Less-Than-Prime Borrowers
February 15, 2023  |  Personal Loans

For less than prime borrowers, personal loans are harder to come by. Recent earnings results from platform lenders show that demand for personals loans is...

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Goldman Plans to Cut Consumer Banking Staff and Marcus Personal Loans
Goldman Plans to Cut Consumer Banking Staff and Marcus Personal Loans
December 12, 2022  |  Banking

Goldman Sachs reportedly plans to make cutbacks in its retail banking business.  The Financial Times reported Monday (Dec. 12) that the firm is considering cutting...

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Ualá and ABC Capital Team to Offer Loans in Mexico 
Ualá and ABC Capital Team to Offer Loans in Mexico 
December 05, 2022  |  Digital-First Banking

Ualá and ABC Capital have teamed to offer personal loans in Mexico.  This will be a new offering for both companies. It comes as Ualá,...

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Consumers Still Tapping Cards to Spend but Credit Growth Slows
Consumers Still Tapping Cards to Spend but Credit Growth Slows
November 07, 2022  |  Consumer Finance

We may be seeing a tipping point for debt — where gains in personal loan borrowing come at the expense of pricier credit card debt....

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Goldman Sachs Dealmaker Scott Young Departs For iCreditWorks
Goldman Sachs Dealmaker Scott Young Departs For iCreditWorks
May 12, 2022  |  Personnel

A Goldman Sachs executive known as the bank’s dealmaker when it came to credit cards is leaving the company for fledgling startup iCreditWorks. As CNBC...

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Deep Dive: How CUs Can Prevent Members From Switching FIs For Mortgages And Other Loans
Deep Dive: How CUs Can Prevent Members From Switching FIs For Mortgages And Other Loans
September 23, 2021  |  Credit Unions

Credit unions have a long history of earning top ratings in member satisfaction — with good reason. CUs offer many of the same services and...

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Report: Personal Loans Help 36M Paycheck-To-Paycheck Consumers Stay Afloat
Report: Personal Loans Help 36M Paycheck-To-Paycheck Consumers Stay Afloat
September 22, 2021  |  Active Study

Sometimes, money is good – and sometimes, just getting bills paid at the end of the month can be a struggle. For consumers struggling to...

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