consumer credit

Exclusive: Synchrony Expands ‘Second Look’ Partnership With Atlanticus
Exclusive: Synchrony Expands ‘Second Look’ Partnership With Atlanticus
June 26, 2024  |  Consumer Finance

Synchrony Financial and Atlanticus Holdings announced an expansion of their existing partnership Wednesday (June 26) creating a new multiyear agreement that aims to broaden financing...

READ MORE >
LendingClub’s Structured Certificates Program Surpasses $3 Billion in Loans Sold
LendingClub’s Structured Certificates Program Surpasses $3 Billion in Loans Sold
June 17, 2024  |  Consumer Finance

LendingClub has sold more than $3 billion in loans through its Structured LendingClub Loan Certificate program since the launch of that program in April 2023....

READ MORE >
38% of Consumers Earning Over $100K Carry Co-Branded Credit Cards
38% of Consumers Earning Over $100K Carry Co-Branded Credit Cards
May 13, 2024  |  Credit Cards

PYMNTS Intelligence finds that 2.5 times as many consumers possess a general-use credit card than own a co-branded credit or store card.  Yet, because 27%...

READ MORE >
CFPB Official Urges Consumers to Consider Small Credit Card Issuers
CFPB Official Urges Consumers to Consider Small Credit Card Issuers
May 08, 2024  |  Credit Cards

Consumers should proceed with caution when selecting their next credit card, according to a recent blog post from the Consumer Financial Protection Bureau (CFPB). In the...

READ MORE >
79% of US Consumers Are Highly Satisfied With BNPL 
79% of US Consumers Are Highly Satisfied With BNPL 
April 25, 2024  |  Buy Now Pay Later

Split-payment or installment plans such as buy now, pay later (BNPL) enable consumers to shop more strategically, buying items one day and paying for them...

READ MORE >
Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
April 23, 2024  |  Earnings

Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. During the quarter ended March 31, Enova’s combined loans and finance...

READ MORE >
Earnings Season and FICO Data Point to ‘Strong’ Consumer Credit Profiles
Earnings Season and FICO Data Point to ‘Strong’ Consumer Credit Profiles
April 16, 2024  |  Consumer Finance

Earnings season, so far — and chiefly through the big banks — is pointing to some strength in consumer credit. And that strength has been...

READ MORE >
IDIQ Debuts CreditBuilderIQ as Consumers Feel Pinched
IDIQ Debuts CreditBuilderIQ as Consumers Feel Pinched
April 16, 2024  |  Personal Finance

Financial intelligence company IDIQ has launched a platform that aims to help consumers build their credit scores. CreditBuilderIQ, announced Tuesday (April 16), joins the company’s suite of...

READ MORE >
OCC’s Hsu Encourages FIs to Help Immigrants Gain Access to Credit   
OCC’s Hsu Encourages FIs to Help Immigrants Gain Access to Credit   
April 11, 2024  |  Financial Inclusion

This week, Michael Hsu, acting comptroller of the currency at the Office of the Comptroller of the Currency (OCC) called on U.S. financial institutions (FIs) to take...

READ MORE >