Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans, personal loans that generate interest income.
Credit card lending boosts big banks' loan growth as consumer spending normalizes post-pandemic.
Gen Z Credit Card Use is Outpacing Millennials’, Amid Financial Stress and Ballooning Debt
A new study shows Gen Z ramping up spending and debt, even while their understanding of credit is weak.
SoLo Funds: The Future of Community Finance
Rodney Williams, co-founder and president of SoLo Funds discusses a unique community-based peer-to-peer lending platform that is generating a great deal of interest and making a lasting impact on inclusion and financial wellness.
Credit Cards Fuel Big Banks’ Loan Growth Amid ‘Normalization’
Credit card lending boosts big banks' loan growth as consumer spending normalizes post-pandemic.
How Alternative Data Can Help Lenders Discover High-quality Borrowers
Lenders should look beyond the traditional measures of consumer behavior to get a better view of how customers are leveraging credit.
How a Regulatory Nudge Pushed Small-dollar Lending into the Mainstream, Benefiting Borrowers and Banks
The big banks have embraced small dollar lending, saving millions of consumers billions of dollars annually, according to a new report.
Should Banks Beware Credit Score ‘Grade Inflation’?
Stimulus payments and loan forbearance boosted credit scores during Covid. But do these 'inflated' scores reflect actual creditworthiness?
How Alternative Consumer Credit Data Increasingly Supports Lending Decisions
Alternative credit data is becoming a bigger part of how lenders make their decisions. Here's why it's a growing indicator.
Auto Lenders Shift Gears in a Race to Outrun Covid Aftereffects
Rising auto loan delinquencies are colliding with underwater loans when vehicles are repossessed. Covid's impact hasn't yet faded.
7 Keys to De-risking Commercial Real Estate Lending
Thanks to rising interest rates, CRE lending section has faced some tough times nationwide. But there are some key steps banks can take to make CRE loans thrive.
Slow Servicers Could Hurt Student Loan Repayment. The CFPB Is Watching
Cheat Sheet: Waits of over an hour stymie student loan borrowers seeking readjustments to payments under new relief effort.
Why Headwinds from Deteriorating Auto Loans Will Whip Credit Unions in 2024
Delinquencies will rise, and the value of many foreclosed vehicles financed during COVID are underwater.
4 Surprising Charts on What’s Buoying the U.S. Economy
Will Federal Reserve policymakers pull off a 'soft landing' in 2024? Here are four surprising charts indicating sources of financial strength among consumers across the country.
Consumers Want Modern Loan Payments: How to Innovate Wisely
As payment options proliferate, banks and credit unions need to integrate them seamlessly into consumer loans.
Fintechs Powered the Growth of Unsecured Personal Loans. What Risks Are Emerging for Consumers and Lenders Alike?
Cheat Sheet: For expenses from credit card debt to medical bills, consumers are embracing unsecured loans. Do they help – and how could they hurt?
Artificial Intelligence Can Boost Lending Without a Whiff of Generative AI
AI can drive better decision making in lending by helping banks and credit unions find the sweet spots among credit risks.
Webinar: Mastering the Storm – Successfully Navigating Economic Headwinds
Industry experts explore practical strategies that businesses can implement to overcome these economic headwinds.
How Bank of America Plans to Get a Jump-Start on EV Lending
Despite some headwinds with electric vehicles in the near term, BofA is looking ahead to EV sales picking up, thanks to improvements in charging stations and government incentives.
Marketing Boosts Deposit & Loan Growth for Community Banks: Study
As deposit pressure mounts industrywide, a study of banks with under $2 billion of assets makes a case that bigger marketing budgets can help.
Community Banks & Credit Unions Revive Personal Lending with Fintech Help
Offering unsecured personal loans and point-of-sale financing is uncommon for community banks and credit unions, but a fintech partnership is making it possible for a growing number of them.
The 0% Loan: Why a Dozen Lenders Are Leaning into the Novel Idea
There's no catch. Executives at several credit unions share what they like about the no-interest, no-fee loans, which are designed to be offered as an employee benefit.
Growth in Home Equity Lending Cools Off as Interest Rates Hit Pain Point
A wave of home equity lending helped buoy the banking industry as mortgages dried up, but fresh data shows the tide is receding.
How Advanced Data Analytics Can Make Credit Decisions More Inclusive
How can banks and other lenders extend credit access to a larger share of the population safely and efficiently? Data and technology make it possible.
