CFPB Monitor
JULY 1, 2016
The CFPB has issued its June 2016 complaint report which highlights complaints about consumer loans and complaints from consumers in Arkansas and the Little Rock metro area. In addition, in March 2016, the CFPB began taking complaints about marketplace lending and added loans obtained from marketplace lenders to the consumer loan category.
American Banker
JANUARY 26, 2024
Cullen/Frost in Texas, BankUnited in Florida and Bank OZK in Arkansas are among the banks that have, at least for now, allayed investors' fears about their exposure to the CRE sector.
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CFPB Monitor
MAY 25, 2016
The CFPB has published a notice in the Federal Register indicating that it will hold a meeting of its Consumer Advisory Board on June 9, 2016 in Little Rock, Arkansas. The topics to be discussed at the meeting are “an auto lending education initiative, trends and themes, and payday lending.”
PYMNTS
OCTOBER 31, 2016
During the past two months, SoFi got licenses in more states, including Arkansas, Florida, Massachusetts, New York and South Dakota. SoFi, however, is daring to be different in its segment and is looking to grow past its roots in student lending to prime borrowers — what the firm refers to as “Henrys” (high earners not rich yet).
PYMNTS
JANUARY 12, 2021
Burton, the founder of a record label in Arkansas, got $78. “Judith Less, who runs a thrift shop in New Jersey, got $27,” NYT reported. Nikki Smith, a baker and caterer in Oregon, collected $96. And Susana Dommar, a chiropractor in Texas, received a loan for just $1.”.
PYMNTS
JANUARY 12, 2021
Burton, the founder of a record label in Arkansas, got $78. Porter Capital , which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from their current Paycheck Protection Program (PPP) funds, according to a press release.
PYMNTS
FEBRUARY 17, 2020
The punchline isn’t all that funny, actually, as 21st century college lending remains mired in paper checks and legacy disbursement systems. Banks and bursars’ offices are doing their part to tamp down America’s ballooning college debt crisis … by disbursing tuition monies painfully slowly.
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