A credit grantor is any individual or business that extends credit to customers. The credit can be for other businesses or consumers and can come in many forms, such as closed-end loans (like auto loans, mortgages, and student loans), revolving loans (like credit cards or certain home equity loans), or a hybrid of the two. Some credit is backed by property or assets. In the U.S., the primary credit grantors are large commercial banks and credit unions. But credit is also extended by small businesses, governments, and other organizations.
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All Creditors In U.S. To Be Impacted New CFPB Debt Collection Rules
10 December 2013
Fed Reminds Banks they Are Responsible for Third-Party Service Providers
6 December 2013
Asset Classes Attracting the Most Consumer Complaints
5 December 2013
CFPB Recognizes Cost Burden of Compliance for Small Banks
3 December 2013
Guilty Plea for Bank Official on Receiving End of Collection Agency Bribes
26 November 2013
Final Defendants in 'Rachel from Cardholder Services' Scheme Settle FTC Charges
25 November 2013
Retail-Issued Credit Cards at Four-Year High; Charge-Offs Fall 14%
25 November 2013
CFPB Finalizes "Know Before You Owe" Mortgage Forms
20 November 2013
Credit Card Delinquency Down Year-over-Year, But Up from Last Quarter
20 November 2013
Number of Third Party Debt Collection Accounts Plummets, But Balances Rise
15 November 2013
CFPB Targets Bank of America Credit Card Services, Debt Complaints
7 November 2013
CFPB Releases Debt Collection Complaints Data, and Here It Is
6 November 2013
CFPB Consumer Complaint Data Gives Compliance Clues to Debt Collectors
6 November 2013
CFPB Begins Rulemaking Process for Debt Collection Industry
5 November 2013
The Debt Pipeline: Young Adults Shed Debt During Recession
5 November 2013
OCC Issues Bulletin to Banks on Risk Management Guidelines for Third-Party Relationships
5 November 2013
Retail Credit Card Grows, Despite Flat to Slightly Rising Credit Card Debt Overall
5 November 2013
Who is Driving Change in the ARM Industry: Regulators or Creditor Clients?
1 November 2013
State AG Sues Debt Buyer Over "Robosigning" of Affidavits
31 October 2013
Buried in Chase's Legal Battles is a Game-Changer for Debt Collection
30 October 2013