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
Loan Growth
Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans that generate interest income.
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
How Can Lenders Build Growth on Consumer Credit’s Stability?
The trick will be expanding the universe of people who can qualify for loans. Doing so demands rethinking what makes someone
How Banks Are Arming to Win the Digital Lending War With Fintechs
Digital loan application completion speed on both web and mobile apps see big strides among incumbents, but key elements still lag
4 Essential Habits of High-Performing Loan Officers
With the mortgage market expected to contract, it's vital that financial institutions employ best practices supported by efficient
Millennials’ Fading Homeownership Hopes Cloud Mortgage Outlook
New data confirms many of this group seek larger living space, yet Covid has added extra hurdles that mortgage lenders must understand.
New Borrowing Options Raise Stakes for Consumer Credit Exponentially
Financial institutions seeking to capitalize on a borrowing surge face headwinds from fresh rewards offers and novel installment
CEO Reveals Plans for LendingClub’s Unique Fintech+Bank Model
When a fintech buys a bank, what happens? In this case, voracious loan acquisition is combined with a huge potential for primary
Consumers Funding Construction Loans in Innovative Fintech Model
Online platform brings upscale retail investment funding to smaller markets, providing housing and related construction credit
Fintech Lenders Stumble While Banks and Credit Unions Gain
Traditional institutions exploited holes in fintechs' consumer lending model, especially relating to service. But technology is still
Banks Must Digitally Transform Consumer Lending
To compete with fintech lenders, traditional financial institutions must simplify internal processes and improve mobile
Fintech Lending Is On The Rise, But Default Rates Aren’t Pretty
Consumers like the sound of getting a loan from a fintech provider instead of a traditional institution, but at what
What SoFi’s Rise From Niche Fintech to One-Stop-Shop Means
The company that began as an 'anti-bank' student loan refinancer wants to be the center of people's financial lives (and may soon be a
How Financial Institutions Can Fire Up Their Lending Engine
By adopting current marketing methods, forming partnerships and offering credit that consumers want most, lenders can grow their
Banks Toy With Dumping Credit Scores from Lending Decisions
Even though the change is limited, and credit scores are regarded as flawed, many believe moving entirely away from them is