credit

CFPB: Credit Applications Returning To Pre-Pandemic Levels
CFPB: Credit Applications Returning To Pre-Pandemic Levels
July 28, 2021  |  Loans

Consumer applications for mortgages, car loans and revolving credit cards had essentially returned to pre-pandemic levels by May, a new report from the Consumer Financial...

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Card-Issuing Platform Lithic Notches $60M In Funding
Card-Issuing Platform Lithic Notches $60M In Funding
July 28, 2021  |  Investments

New York-based financial technology startup Lithic has raised $60 million in funding largely through Stripes, Bloomberg reported on Wednesday (July 28). Get the Full Story Complete the...

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Data Brief: 77 Pct Of Credit-Challenged Consumers Favor BNPL For Spend Management
Data Brief: 77 Pct Of Credit-Challenged Consumers Favor BNPL For Spend Management
July 26, 2021  |  Buy Now Pay Later

Opening on the fundamental idea that most shoppers crave digital tools “that are secure and provide tangible value, such as expanding their payment options or...

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New Report: 62 Pct Of Consumers See Card Choice As Way Of Improving Credit Scores
New Report: 62 Pct Of Consumers See Card Choice As Way Of Improving Credit Scores
July 26, 2021  |  Credit Cards

Credit scores took a reputational hit in the past year-plus as finances were warped by a mixture of unemployment, stimulus money, lockdown living and plain...

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BNPL And New Ways Of Financing Are Challenging Old Ways Of Calculating Creditworthiness
BNPL And New Ways Of Financing Are Challenging Old Ways Of Calculating Creditworthiness
July 25, 2021  |  credit frictions

For decades, the FICO score has been the most influential tool in the financial services marketplace. It has stood above all others as the independent...

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American Express Offers New Business Credit Card Perks
American Express Offers New Business Credit Card Perks
July 25, 2021  |  B2B Payments

American Express is offering new recipients of two of the company’s business cards new perks for signing up, CNBC reported. Get the Full Story Complete...

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Data Brief: 70 Pct Of Consumers Think Their Credit Scores Are Higher Than They Actually Are
Data Brief: 70 Pct Of Consumers Think Their Credit Scores Are Higher Than They Actually...
July 23, 2021  |  Consumer Finance

The July 2021 Credit Score Literacy and Building Credit Report, a collaboration between PYMNTS and Elan (a division of U.S. Bank), surveyed a census-balanced sample...

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OppFi Combines With SPAC; Begins Trading On NYSE
OppFi Combines With SPAC; Begins Trading On NYSE
July 22, 2021  |  Partnerships / Acquisitions

Opportunity Financial, LLC and FG New America Acquisition Corp. have joined forces. The combined new company, now officially known as OppFi, Inc., began trading on...

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PSCU Expands Greylock Partnership To Add Debit Processing Support
PSCU Expands Greylock Partnership To Add Debit Processing Support
July 22, 2021  |  Credit Unions

PSCU, the credit union service organization (CUSO), has expanded its partnership with Greylock Credit Union, and will now provide debit processing support in addition to...

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