Tagged: consumer debt

December 19, 2023 @ 7:12 pm By Omar Faridi  |  

LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America’s digital marketplace bank, released key findings from the 29th edition of the Reality Check: Paycheck-To-Paycheck research series. The Credit Card Use Deep Dive Edition examines “the financial lifestyles of U.S. consumers and explores how… Read More

April 26, 2023 @ 3:13 pm By Omar Faridi  |  

Array announced the launch of Debt Manager, an embeddable solution that provides real-time information on a consumer’s debt. This new app “allows financial institutions, fintechs, and digital brands to speed up information sharing during the lead qualification or debt management process, mitigate borrower risk and… Read More

February 24, 2022 @ 12:05 pm By Tony Zerucha  |  

Promise, a company that helps users pay off debts, has raised a $25 million Series B round, the company confirmed today. The deal values the company at north of $520 million. The company’s technology allows people to pay bills issued by governments and utilities in… Read More

January 27, 2021 @ 7:49 am By Samantha Hurst  |  

    Canadian marketplace lending platform LendingArch announced on Wednesday it has further expanded into the U.S. by expanding its Consumer Debt Division Nationwide throughout all 50 states. According to LendingArch, the LendingArch Consumer Debt Division is focused on helping Americans lower or eliminate their… Read More

September 12, 2016 @ 11:04 am By JD Alois  |  

WalletHub has published their Credit Card Debt Study that shows a dramatic increase in household indebtedness – specifically in credit card debt. According to the report, US consumers cranked up on credit during Q2 of 2016 generating $34.4 billion in debt. This is the largest Q2… Read More