When the parent of Rocket Mortgage announced late last month it was spending roughly $1.3 billion in cash to purchase the personal finance site Truebill and its 2.5 million users, it was touted as a way to accelerate Rockets’ vision to “help clients in complex moments”...
For all the talk of DeFi changing the financial world forever, the reality is that decentralized finance is largely a closed system. For the most part, cryptocurrency owners put up their crypto as collateral for loans in dollar-pegged stablecoins, then use them to invest in...
The Biden Administration has given student loan borrowers an early Christmas present, extending the pause on payments until May 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
February 2022 looms as a red-letter month for individuals and consumers with student loans – and, by extension, signals pressure for paycheck-to-paycheck consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Leading auto loan services platform Autochek Africa has announced the launch of a dedicated brand-new cars section on its website and mobile app, allowing customers in East and West Africa to access a variety of digital financing options to purchase new cars and trucks from reputable...
For all the trouble balloon payments caused in the housing crash of 2008, used properly, such loan terms can be a viable option for lowering monthly payments, especially on costly cars. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Whatever your plans for a loan, you want to make sure the lender is one that’s right for you and their app is one that can get the job done. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Lending, it’s been said, is as much art as science – and even in the 21st century, it is filled with friction. But with advanced technologies in the mix, and with the cooperation between lenders and borrowers enriched by data, the process becomes far more...
Banking profits dropped during the third quarter of 2021 due to a slower reduction in loan loss provisions, the Federal Deposit Insurance Corporation (FDIC) reported on Tuesday (Nov. 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
