#consumer-lending
#consumer-lending

[ follow ]

SoFi CEO says Trump's proposed credit card cap would drive people to personal loans, and that's good for SoFi

A proposed one-year 10% cap on credit card interest could reduce card lending profitability and shift consumers toward personal loans.

US politics

fromBusiness Insider

1 week ago

'This is a mistake President': Bill Ackman responds to Trump's call for a one-year 10% cap on credit card interest

Bill Ackman warned a one-year 10% credit card interest cap would prompt lenders to cancel millions of cards, forcing consumers to turn to loan sharks.

Startup companies

fromTearsheet

2 months ago

How to build a partnership that can survive market disruptions, power growth, and serve millions of customers ft. Cross River and Best Egg - Tearsheet

A deep BaaS-bank partnership enabled Best Egg to scale to $35 billion in loans and 2.5 million customers while evolving into sophisticated capital markets solutions.

Startup companies

fromFortune

3 months ago

Upgrade found a way to avoid the neobank meltdown-and just raised $165 million en route to an IPO | Fortune

Upgrade raised $165 million, serves 7.5 million customers, and thrives through diversified, loan-focused products and partnerships including BNPL and loan portfolio sales.

fromwww.housingwire.com

3 months ago

Rick Calle returns as loanDepot's chief strategy officer

Consumer Direct Lending is a key strategic advantage for loanDepot one of the few tech-powered, at-scale models of its kind with both best-in-class lead generation capabilities and top-tier customer recapture rates from our large servicing portfolio, Hsieh said in a statement.

Business

Growth hacking

fromTearsheet

9 months ago

Why Buy Now, Pay Later Is Growing w/ Zip CEO Joe Heck

Zip focuses on providing financial flexibility to underserved consumers, differentiating itself with responsible repayment plans and strategic partnerships.

[ Load more ]