Key Questions for Banks Choosing a Consumer Loan Origination Solution
Adding a modern loan system is vital for credit unions and banks to meet consumer expectations, but it's hard to do. Here's how to
Loan Growth
Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans that generate interest income.
Should More Banks Follow Fintechs into the Personal Loan Market?
SoFi, Lending Club, Marcus, U.S. Bank and Wells Fargo already vie for unsecured personal loans. Rising demand may create more
Electric Vehicle Lending: How Green Loans Can Accelerate Growth
Financing of electric vehicles is building, giving banks and credit unions the opportunity to gain loan growth from green cars and
Home Equity Lending to Fuel Accelerated Loan Growth for Banks
Record levels of home equity beckon lenders hungry for growth. But they must remember that home prices also go
Technology & Innovation Key to Growth in Tough Mortgage Loan Market
Mortgage lenders seek new strategies and technologies to deal with changing borrower demographics and streamline the homebuying
Where Banks Can Find Consumer Loan Growth in Inflationary Times
People with pristine finances rarely need credit. Growth-hungry banks must look to those lower on the credit score chain to book loans.
Can Artificial Intelligence Jeopardize Banks’ Loan Growth?
A modern AI-supported loan platform can help community banks be competitive and grow, but requires care in deciding which features to
Partnering with ‘Lendtechs’ to Grow Loans and New Accounts
Digital allies can spread a traditional financial institution's lending net wider and deeper, but controls are
How Deposit Patterns Can Guide Bankers to Better Credit Risk Decisions
Two out of five turndowns could become viable loans if traditional institutions augment credit scores with alternative data from
Mainstream and Fintech Lenders Creeping Further Into Non-Prime Lending
Banks, credit unions and digital newcomers step up lending to lower credit tiers to build balances & revenues. The great unknown:
Mortgage Lending Snag: Boomers & Millennials Vie for the Same Houses
Just as more Millennials are finally looking to become homeowners they find starter homes have been grabbed by retirees or
The Future of Consumer Credit in 2022 (And Beyond)
Omicron and persistent inflation cloud an otherwise upbeat view of growth in most categories. Home equity credit may be in for a
How the Salesforce + Rocket Partnership Changes the Mortgage Market
Mortgage-as-a-service gets a big boost, giving community financial institutions new options, and confirming the value of a human
How a Cool 0% Loan Improves Wellness and Grows New Deposits
Novel plan provides anonymous help for people in a bind (including financial institution staff), generates new business and is
Driving Loan Volume Starts With Smart Marketing Strategies
Bank and credit union marketers can put surplus deposits to work (and increase budgets) by effectively mixing four marketing
Consumers Ditch Branches and Use Digital Channels for Home Equity Applications
A rebound in secured consumer credit is coming but financial institutions unable to offer mobile and online applications will lose.
Poor Lead Management Practices Cost Banks More Than Lost Sales
Not only revenue is at risk, but your reputation (because of redlining). The right tech and methods can aid financial marketers with
Top Mortgage Lending Trends in Banking
Banks and credit unions must adapt to technology and demographic changes as the frenetic home-buying boom
People Who Needed Covid Help Are Actually a Good Source for Loans
Cash-rich consumer lenders looking for additional borrowers may not have to look as far afield as they
The Impact Soaring Inflation (Short Term or Long) Could Have on Banking
With inflation surging for foreseeable futures, the banking industry faces potential shocks to loan demand and increased rate risk.
Will Loan Volume Shrivel as Debt-Wary Gen Z Hits Their Borrowing Prime?
Financial institutions can't approach the generation that's growing up with BNPL and likes debit cards the same way as
Three Key Trends Dominating the Auto Lending Landscape
Auto finance is dramatically changing. Here's what banks and credit unions need to know to stay competitive in this vital