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loans

Indian Bank’s Sour Loans Hit Near $146B
Indian Bank’s Sour Loans Hit Near $146B
October 11, 2017  |  Loans

Reuters reported that bad debt continues to linger on Indian banks’ balance sheets. On Tuesday (Oct. 10), the newswire said that the souring loans totaled...

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The Role Of SMB Lending At Community Banks Is Changing
The Role Of SMB Lending At Community Banks Is Changing
October 11, 2017  |  B2B Payments

Small business (SMB) lending is big business for community banks, which are a popular destination for small business borrowers, thanks to strong approval rates on...

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CEO’s Hedge Fund Bails Sears Out With A Cash Injection (Again)
CEO’s Hedge Fund Bails Sears Out With A Cash Injection (Again)
October 06, 2017  |  Retail

Eddie Lampert — and his checkbook — really, really believe in Sears. In fact, according to a recent report from Chain Store Age, Lambert believes so much...

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When The Payday Lending Rule Drops, Opponents Are Ready To Attack
When The Payday Lending Rule Drops, Opponents Are Ready To Attack
September 19, 2017  |  CFPB

The new rules are coming for payday lenders, and opponents of those rules are readying themselves for what will likely be a fairly dizzying battle...

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Student Loan Collection Draws CFPB Attention And Ire
Student Loan Collection Draws CFPB Attention And Ire
September 19, 2017  |  CFPB

The CFPB laid down some serious fines on National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, Inc. The firms were collectively ordered...

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The Explanations Edition: Equifax, Apple and Square
The Explanations Edition: Equifax, Apple and Square
September 11, 2017  |  Data Dive

All eyes were on the sky last week, as most of the Southeastern United States braced for Hurricane Irma. And, as post-Harvey rebuilding assessments are ongoing...

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CFPB’s Change Of Payday Lending’s Heart?
CFPB’s Change Of Payday Lending’s Heart?
August 29, 2017  |  Alternative Finances

The final payday lending rules are coming, but reporting by The Wall Street Journal over the weekend suggests that they may not take quite the toll on...

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P2P Lending Sites Not Quite Wooing UK Customers
P2P Lending Sites Not Quite Wooing UK Customers
August 23, 2017  |  Consumer Finance

Although U.K.-based peer-to-peer lending sites have attracted millions in venture capital funding, consumers have been slower to adopt the technologies these FinTech platforms offer. Among 1,100...

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PayPal Acquires Swift Financial To Expand SMB Lending Options
PayPal Acquires Swift Financial To Expand SMB Lending Options
August 11, 2017  |  Partnerships / Acquisitions

The Great Recession had a crippling effect on credit markets across the board. Consumers, enterprise-sized businesses and small businesses (SMBs) all found themselves caught in...

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