South State Correspondent
MAY 23, 2023
Lending is getting riskier. As can be seen, the consumer is starting to feel the credit shock first while commercial lending is still performing. The operative question is when commercial PODs will show a spike. Minnesota, North Dakota, and Iowa were the least risky states to lend into. This quarter, it is 2.58%.
PYMNTS
SEPTEMBER 17, 2019
While short-term lending in general has a pretty rough reputation, the pawn loan is the most ill-regarded arena in an already unloved category of consumer lending. The loan amount a borrower can get from a pawnbroker is determined solely by the value of the item itself; as in most forms of short-term lending, there is no credit check.
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ABA Community Banking
MAY 27, 2020
Iowa Superintendent of Banking Jeff Plagge offers ideas for long-term solutions to get struggling businesses back on their feet after the lockdown. Memorial Day signified the beginning of summer in many parts of the country, and the slow but steady reopening of business activity in the wake of the coronavirus pandemic.
Abrigo
AUGUST 28, 2022
Develop better ag lending workflows before demand picks up. A better ag lending process makes applying smoother for borrowers and can allow efficient ag loan growth without adding a lot of staff. Takeaway 1 Now is the time to plant the seeds for harvesting growth in the ag loan portfolio by creating a better ag lending process.
PYMNTS
NOVEMBER 6, 2018
This kind of small business is a dying breed: recent stats from the RUPRI Center for Rural Health Policy Analysis at the University of Iowa found more than 16 percent of independent pharmacies shuttered their doors between March 2003 and March 2018, according to Washington Post reports.
Independent Banker
MAY 24, 2016
million farms and the community banks that lend to them each growing season, Scanlan points out. I assume that will continue,” adds Larry Winum, president and CEO of Glenwood State Bank, a $170 million-asset agricultural lender in Glenwood, Iowa. A total of 300 million acres are covered by crop insurance. Rural housing loans.
Fintech Labs Insights
AUGUST 6, 2015
Lending Club provided investors with plenty to think about in its Q2 2015 earnings conference call this week. Here are a few of the highlights from a second quarter that saw Lending Club reach $11.2 Opened to investors in Texas, Arizona, Arkansas, Iowa, and Oklahoma. billion in total originations. Renaud Laplanche is CEO.
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