personal loans

Personal Loans Are The Fastest-Growing Lending Category
Personal Loans Are The Fastest-Growing Lending Category
July 04, 2018  |  Loans

As a consumer lending category with the fastest growth, outstanding balances for personal loans jumped by about 18 percent to $120 billion in the first...

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Goldman Sachs’ Marcus Has Issued $3B In New Loans Since Inception
Goldman Sachs’ Marcus Has Issued $3B In New Loans Since Inception
April 18, 2018  |  Banking

Marcus, the consumer lending unit of Goldman Sachs, has issued $3 billion in new consumer loans since launching in October of 2016 through the first...

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SMBs Financed Via Personal Debt Less Likely Thrive, Study Finds
SMBs Financed Via Personal Debt Less Likely Thrive, Study Finds
February 20, 2018  |  B2B Payments

Small and medium-sized businesses (SMBs) that take on debt actually perform better than those that don’t, according to a new report, though analysts warned that...

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Goldman Sachs Encourages Personal Loans For Home Improvements
Goldman Sachs Encourages Personal Loans For Home Improvements
January 17, 2018  |  Loans

Goldman Sachs has taken another step to boost its presence in the consumer lending market by marketing home improvement loans to its customers. According to...

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CFPB Could Scale Back Payday Lending Rule To Get It Done
CFPB Could Scale Back Payday Lending Rule To Get It Done
August 28, 2017  |  Bank Regulation

The Consumer Financial Protection Bureau is gearing up to scale back its rule on payday lending, giving the industry a  potential break from oversight. According...

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Affirm Gets $100 Million Lending Facility From Morgan Stanley
Affirm Gets $100 Million Lending Facility From Morgan Stanley
October 17, 2016  |  Investments

Affirm, the company started by PayPal Cofounder Max Levchin to deliver financial products to consumers, announced last week it has obtained a $100 million lending...

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Goldman Sachs Rolls Out Marcus, Its Online Personal Loan Platform
Goldman Sachs Rolls Out Marcus, Its Online Personal Loan Platform
October 14, 2016  |  Banking

The Goldman Sachs Group announced on Thursday (Oct. 13) Marcus by Goldman Sachs, an online platform offering unsecured personal loans to consumers. Named after Marcus Goldman,...

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