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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FTC Action Halts Tactics of Payday Lending Operation that Attempted to Garnish Consumers' Paychecks
13 September 2011
Collection Agency Websites: Handy Suggestions for Tackling Multiple Audiences
8 September 2011
SBA 504 Loans Hit Record Low Interest Rates for September
8 September 2011
Forty-Eight Calls a Day: When Banks REALLY Want to Collect on a Debt
6 September 2011
U.S. Gov't Readying Billion-Dollar Suits Against Big Banks
2 September 2011
Credit Risk Declining for Sixth Straight Quarter; Driven by Fewer Delinquent Consumers
31 August 2011
insideARM.com Seeks Content Submissions for The Credit Card Issue
30 August 2011
BofA $5 million Collection Arbitration Settlement May Impact the ARM Industry
26 August 2011
Barclays Sues UK Debt Collector Over Name Similarity
25 August 2011
Apollo Introduces First Ever Total Self-Service System for Account Management for Banks
19 August 2011
CU Recovery Launches Collection Academy
19 August 2011
Post-Crash Charge-Offs are Nearly Gone from ARM System
17 August 2011
SunTrust Latest Bank to Lose Free Checking
17 August 2011
LexisNexis to Present at Federation of Tax Administrators Technology Conference
12 August 2011
Capital One Closer to Buying HSBC Credit Card Portfolio
9 August 2011
Consumer Credit Jumps in June; Cards See Largest Gain in Years
8 August 2011
Former American Idol Winner Pursued By Bank's Collection Agency
8 August 2011
S&P: US Long-Term Credit Rating Lowered On Political Risks and Rising Debt Burden
6 August 2011
HSBC Sells 195 Bank Branches; Laying Off 30,000; Looking for Credit Card Buyer
1 August 2011
Big Bank CEOs Urge U.S. Debt Limit Deal
28 July 2011