Oportun Capping Rates at 36% and Pausing Collections
Oportun is making some changes in response to the pandemic; they have decided to dismiss all pending collections cases as well as suspend filings of ...
Oportun is making some changes in response to the pandemic; they have decided to dismiss all pending collections cases as well as suspend filings of ...
Mortgage fintech Blend is on a roll; Blend’s customer base now accounts for more than 25% of the $2.1 trillion U.S. mortgage market by origination ...
Given LendingClub is a platform serving borrowers and investors there is a lot of transparency on what changes they are making related to ...
LendingClub is increasing their interest rates to new borrowers ranging from 2% to 4% depending on the loan grade; LendingClub also noted that investors may ...
Fintechs have started to follow the Fed and slash rates on savings accounts by an average of 1 percent; the move could remove ...
The Fed took the unprecedented step of cutting rates to near zero to help ease the blow of Coronavirus and keep banks lending; ...
According to a new report from Accenture high street banks face the possibility of losing up to 8 percent of their revenues in ...
California has capped interest rates at around 37% per year on some consumer loans; despite this companies are able to offer high interest ...
The states have taken the lead when it comes to interest rate caps with 32 states capping APR at 36%; while there are ...
There has long be rumors that there was a split amongst democrats over whether extending the 36 percent rate cap to all consumer ...