PYMNTS-MonitorEdge-May-2024

HELOC

Figure Increases Lending Services with LaaS Platform Expansion
Figure Increases Lending Services with LaaS Platform Expansion
November 01, 2023  |  Loans

Figure Lending LLC and Figure Technologies announced Wednesday (Nov. 1) an expansion of their partnership business, which includes an increased offering under the Lending-as-a-Service (LaaS) platform. ...

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Homeowners Turn to HELOCs as Mortgage Rates Rise
Homeowners Turn to HELOCs as Mortgage Rates Rise
July 16, 2023  |  Consumer Finance

 American homeowners are reportedly living in the age of the HELOC. That stands for home equity line of credit, which — as a Saturday (July...

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Tough Times in Consumer Credit Could Push Some Americans to Nontraditional Lenders
Tough Times in Consumer Credit Could Push Some Americans to Nontraditional Lenders
June 08, 2020  |  Economy

April wasn’t a good month for consumer-credit use. According to the latest Federal Reserve data, U.S. consumer borrowing dropped 19.6 percent — its fastest decline...

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Figure’s Mike Cagney On How Blockchain Is Reinventing Lending
Figure’s Mike Cagney On How Blockchain Is Reinventing Lending
December 10, 2019  |  Blockchain

Homeowners have trillions of dollars of untapped, but tappable equity in their properties. Yet, home equity lines of credit have a long way to go...

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BBVA, Prosper Partner To Offer Easier Home Equity Loans
BBVA, Prosper Partner To Offer Easier Home Equity Loans
November 04, 2019  |  Loans

Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of...

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