Capital Lending Millennials Study 
PYMNTS
JUNE 2, 2017
Since banks typically want to see at least three years of financal data when making funding decisions, our study confirms that established businesses with higher annual revenues are more likely to be approved for loans than newer companies owned by younger applicants.”. The media focus on Millennials as if there is no other growth group.
PYMNTS
SEPTEMBER 18, 2018
And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. But a standstill in the credit markets created a vacuum for a bit, at least along traditional lending conduits. Necessity is the mother of invention. Behind the Numbers .
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PYMNTS
DECEMBER 22, 2016
The bot will provide an integrated approach to deposits, savings and lending. The companies said that, because research says millennials check their phones more than 45 times a day, the banking platform is meeting those customers where they are: on their phones.
South State Correspondent
AUGUST 16, 2023
Capital rotation is to HELOCs and away from autos. Within autos, the capital rotation is for new cars over used cars. Consumer Credit – Cards There is a shift of capital occurring to the prime tiers of cardholders. Gen Z and Millennials are now using credit on their cards which was not seen before 2020.
PYMNTS
NOVEMBER 3, 2016
Will alternative lending platforms eat away at traditional banks’ market share? With financial institutions beginning to collaborate and partner with these alternative players, it seems even less likely that the two sides of the SME lending space will challenge each other. But the latest analysis from J.D. Power’s 2016 U.S.
PYMNTS
NOVEMBER 15, 2016
Dry markets yield rough results – millennials aren’t buying homes at generationally expected rates and new start-up business are employing 1 million fewer people in 2016 than they they were in the year 2000. That is what the latest study was tasked with discerning. But their experiences in lending are different.
CB Insights
SEPTEMBER 10, 2019
While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.
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