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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CFPB Takes Actions Against Car Dealer Over Debt Collection and Credit Reporting
20 November 2014
Feds Investigating Banks' and Debt Buyers' Treatment of Bankruptcy Accounts
13 November 2014
UK Regulator to Cap Prices on Payday Loans
11 November 2014
Green Tree Servicing Settles with Vermont Attorney General Over Debt Collection Practices
3 November 2014
Circuit Court Rules Against ARM Firm in Allowable Interest FDCPA Case
28 October 2014
Subprime Auto Collections - A Growth Market for ARM Companies or a Bubble About to Burst?
24 October 2014
CFPB Finalizes New GLBA Notification Rule
22 October 2014
Federal Agency CFPB Offers New Tools to Student Loan Borrowers in Financial Distress
16 October 2014
ABA to FCC: Data Security Alerts Should be Exempt from Mobile Device Restrictions
15 October 2014
Share of Debt Types of Youngest and Oldest Consumers Changed Dramatically in Last Decade
8 October 2014
Consumer Delinquencies Fall Nearly Across the Board in Second Quarter
7 October 2014
30% of Online Payday Loan Borrowers Threatened by Lender or Debt Collector
3 October 2014
CFPB Takes $37.5 Million Action Against Flagstar Bank Over Mortgage Servicing
30 September 2014
Credit Card Use Mirrors Broader Economy in First Quarter
30 September 2014
CFPB and FTC Launch Actions Against Different Payday Lenders; Debt Sales Implicated
18 September 2014
CFPB Proposes Guidelines for Non-Bank Auto Finance Regulation and Supervision
18 September 2014
CFPB Sues For-Profit College for FDCPA Violations and Predatory Loan Program
17 September 2014
New Rules for Debt Collection Suits Finalized in New York Courts
17 September 2014
U.S. Rep. Proposes Sweeping Changes to FCRA, Including Furnisher Mandates
10 September 2014
Compliance Acronym Stew: Is Your Collection Agency at Risk? Part II: PCI DSS
10 September 2014