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The company's credit card business has been outpacing industrywide loan growth. In the first quarter, results were also aided by higher loan yields.
April 25 -
Earnest hopes offering a streamlined process can help it thrive in a risky niche.
April 25 -
The Wilmington, Del., company's new product relies on technology developed by Earnest, a startup that it acquired in 2017.
April 24 -
With just $22 million in assets, Manchester Municipal Federal Credit Union has millions in student loans on its books and never recorded a charge-off.
April 22Manchester Municipal Federal Credit Union -
Measures of loan performance were generally better than expected at Ally, American Express, Synchrony and Sallie Mae. Their 1Q reports suggest that consumers remain able to meet their obligations despite a long run-up in debt.
April 18 -
The lawmakers are questioning the agency about its oversight of student loan servicers involved in a federal loan forgiveness program.
April 5 -
The lawmakers are questioning the agency about its oversight of student loan servicers involved in a federal loan forgiveness program.
April 5 -
Some fintechs have figured out how to provide international students and immigrants with credit cards and loans. Machine learning makes the underwriting possible.
March 31 -
Susan Ehrlich, the fintech lender's new chief, discusses what she learned working at Amazon and Simple and how her firm is approaching consumer loans differently.
March 22 -
The bureau's director, Kathy Kraninger, faced a barrage of criticism from Senate Democrats on the agency's lack of enforcement actions, a reversal on Military Lending Act examinations and changes to the payday loans rule.
March 12