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 use.
Loan Growth
Articles about loan growth strategies and how banks grow lending portfolios, including mortgages, home loans, auto loans, personal loans that generate interest income.
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 critical.
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 deposits.
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: inflation.
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 investors.
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 boom.
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 connection.
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 outsourced.
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 channels.
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 both.
Top Mortgage Lending Trends in Banking
Banks and credit unions must adapt to technology and demographic changes as the frenetic home-buying boom unwinds.
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 think.
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 Millennials.
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 market.
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 creditworthy.
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 nonbanks.
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 platforms.
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 plans.
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 checking.
