consumer lending

Equifax: Data for Hiring and Mortgage Refis Drive Stronger-Than-Expected Growth
Equifax: Data for Hiring and Mortgage Refis Drive Stronger-Than-Expected Growth
April 22, 2025  |  Earnings

Demand for data used in hiring, consumer lending and mortgages drove growth that was stronger than expected in the first quarter at Equifax. The global data,...

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Block’s Direct Lending Move Aims at Filling Consumer Credit Gaps
Block’s Direct Lending Move Aims at Filling Consumer Credit Gaps
March 18, 2025  |  Consumer Finance

The platforms that have banks embedded in their operations are taking more of their lending activities into a direct model, giving momentum to income streams...

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LoanDepot Originations Surge 34% on Lower Rates, CEO Says Housing Market ‘Remains Challenged’
LoanDepot Originations Surge 34% on Lower Rates, CEO Says Housing Market ‘Remains Challenged’
March 11, 2025  |  Earnings

LoanDepot’s fourth quarter earnings, released after the markets closed on Tuesday (March 11) indicated double-digit growth loan originations that took advantage of lower interest rates...

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Upstart Personal Loans Leap 89% Year Over Year
Upstart Personal Loans Leap 89% Year Over Year
February 11, 2025  |  Consumer Finance

Upstart’s latest quarterly results showed double-digit gains in loan originations, powered by artificial intelligence (AI) and automation, where management also said that the credit quality...

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Report: Ally Cutting Jobs and Ending Mortgage Originations
Report: Ally Cutting Jobs and Ending Mortgage Originations
January 08, 2025  |  Consumer Finance

Ally Financial is reportedly cutting staff, ending mortgage originations and rethinking its credit card business. The company will lay off less than 5% of its...

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From Approval to Bank Account: Why Instant Disbursements Are Critical for Lenders
From Approval to Bank Account: Why Instant Disbursements Are Critical for Lenders
November 18, 2024  |  Money Mobility

How many potential borrowers are lost to cumbersome loan processes and slow disbursements? Today’s consumers expect the speed and convenience they find in other digital...

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Banking Giants Say Consumer Spending Remains Resilient Despite Inflation
Banking Giants Say Consumer Spending Remains Resilient Despite Inflation
October 13, 2024  |  Consumer Insights

America’s biggest banks say consumers are still spending in spite of inflation. As Reuters reported Friday (Oct. 11), earnings from two of the country’s biggest...

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Embedded Lending Bridges Gap Between Consumers, Businesses and Credit
Embedded Lending Bridges Gap Between Consumers, Businesses and Credit
September 27, 2024  |  SMBs

Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other...

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Consumers and Smaller Businesses Form an Untapped Embedded Lending Market in Germany
Consumers and Smaller Businesses Form an Untapped Embedded Lending Market in Germany
September 26, 2024  |  SMBs

Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other...

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