While credit rules may vary in other countries, in the United States, having a good credit score is the passport to securing a mortgage, a car loan, or student loan. Basically, it’s not just a nice-to-have — it’s a near-basic necessity. But as noted in...
In a credit-based economy such as that of the United States, credit scores determine more than whether consumers qualify for a mortgage or auto loan. Often, access to credit can also decide whether or not consumers can afford everyday essentials. Credit access is critical, yet...
Petal is preparing to expand its credit card program after securing a $200 million debt facility. The FinTech announced the funding — from investment firm Victory Park Capital — in a news release Thursday (Aug. 3), saying it would help its goal of issuing cards to consumers...
August 03, 2023
Petal is preparing to expand its credit card program after securing a $200 million debt facility. The FinTech announced the funding — from investment firm Victory Park Capital — in a news release Thursday (Aug. 3), saying it would help its goal of issuing cards to consumers who are “new to credit” without needing credit scores to […]
