PYMNTS
JANUARY 14, 2020
From that gap sprung forth a group of alternatives for underwriting access, which varied widely in terms of structure, funding sources and target demographics. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve.
PYMNTS
JANUARY 14, 2020
From that gap sprung forth a group of alternatives for underwriting access, which varied widely in terms of structure, funding sources and target demographics. On that score, online lenders have been successful, according to a just-released study from the Cleveland Federal Reserve.
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PYMNTS
NOVEMBER 13, 2017
The Federal Reserve Bank of Cleveland issued new research on the online lending market showing that borrowers end up in more debt than consumers who don’t utilize this method of borrowing. The researchers used data from TransUnion for the study, pinpointing 90,000 borrowers who took out online loans from 2007 to 2012.
PYMNTS
NOVEMBER 14, 2017
Online consumer lending – in a variety of forms – has grown explosively over the last decade. The recent release of a study by the Cleveland Federal Reserve has managed to increase the decibel level of that debate. Cleveland’s Dark Outlook. So how did one branch of the Fed end up on such a different page from their counterparts?
PYMNTS
JULY 3, 2019
The banks included the Arundel Federal Savings Bank, the Greater Cleveland Community Credit Union, the Greenleaf Wayside Bank, the Lakestone Bank & Trust, the Peoples Bank of Kankakee County and the Sanford Institution for Savings. The system lets clients make in-store or online purchases through the mobile app.
PYMNTS
JUNE 22, 2016
ColorOfChange, a liberal activist group, is now circulating an online petition that calls on companies like Google, Coca-Cola and AT&T to “immediately cancel your sponsorship of a Donald Trump-led Republican National Convention.
PYMNTS
MAY 16, 2016
And possibly at the hands of some rather unexpected buyers: Berkshire Hathaway Chairman Warren Buffett and Quicken Loans Founder (and Cleveland Cavaliers owner) Dan Gilbert. It looks like the long-speculated-upon sale of Yahoo could actually happen. That consortium is one of a few suitors moving into a second round of bidding on Yahoo.
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