2009 Cards Lending Marketing 
PYMNTS
OCTOBER 17, 2017
Credit card delinquencies increased for three consecutive months, adding to signs that consumers in the U.S. According to a news report in Reuters , credit card data from the likes of JPMorgan and Discover Financial Services on Monday (Oct. Meanwhile, Discover saw credit card delinquencies increase by 1.64 percent from August.
PYMNTS
JUNE 5, 2019
Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009.
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PYMNTS
NOVEMBER 20, 2018
In the year between Q2 2017 and Q2 2018, sub-prime consumer loan originations grew 28 percent between Q2 2017 and Q2 2018 across the categories of auto loans, mortgage loans and credit cards. In 2016, the market experienced a pullback as lenders slowed or stalled sub-prime originations,” Komos said. “The percent to 18.63
PYMNTS
APRIL 10, 2017
The $1 trillion level has been attained for credit card debt within the country, with that level not seen since early 2009, when the shockwaves of the financial crisis first were felt. Those two subsets of lending hit their own respective $1 trillion levels over the past few years. In the U.S.,
PYMNTS
NOVEMBER 7, 2017
However, Tavares said the landscape is shifting, as LendingPoint and other alternative credit products lend their ears — and their money — to underserved populations. For instance, he said, maybe they had a secure payment card with an issuer and another line of credit worth $1,000. Burnside got his start in small business lending.
PYMNTS
OCTOBER 21, 2019
The world of 2009 was starkly different, a far less optimistic place. Though the Great Recession was technically “over” by the middle of 2009, few people living in the real economy felt that fact in their daily lives. When people asked “what’s next?” in the year 1999, they were generally pretty excited to hear the answer.
PYMNTS
OCTOBER 1, 2018
The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Attorney Alex Tse. “We The Response.
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