Jun 14, 2019 | Banks & Credit Unions, News, Online Lending
← Previous Article Next Article → Earlier last year, economists from the World Bank published a report entitled, “Interest Rate Caps: The Theory and the Practice.” It finds that capping interest rates not only reduces average lending rates, but often has...
May 23, 2019 | News, Online Lending
← Previous Article Next Article → Sponsored by Lenders and consumers are finding each other online.Findings from Clarity’s 2019 Alternative Financial Services Lending Trends report agree with our recent consumer research, where several non-prime...
Apr 12, 2019 | Banks & Credit Unions, News, Online Lending
← Previous Article Next Article → The American Bankers Association (ABA) released new data yesterday covering loan delinquencies. Most closed-end loans saw a fall in delinquencies in the fourth quarter of 2018 while most open-ended loans saw a small...
Apr 9, 2019 | Banks & Credit Unions, News, Online Lending
← Previous Article Next Article → Banking deserts may not be as big of a problem as typically reported, according to a new study by the Bank Policy Institute (BPI). “Our results indicate that almost every statement made thus far about banking deserts and on...
Dec 20, 2018 | News, Online Lending, Tribal Sovereignty
← Previous Article Next Article → The Habematolel Pomo of Upper Lake Tribe opened a new call center for its Tribal lending business in Lake County, California earlier this month that could provide up to 80 new jobs in the area. According to reports, the...
Oct 18, 2018 | News, Online Lending
← Previous Article Next Article → Pew Charitable Trusts, an organization founded on religious conviction and oil profits, has published a new report on installment loans, making the argument that state laws are putting the borrowers of these loans at risk....
