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 Gets Another Ruling Against Payday Lender in Debt Collection/Lending Case
4 June 2014
FTC's Recent Enforcement Action Sets New Debt Collection Standards
2 June 2014
FTC in $5.5 million Debt Collection Settlement with Auto Lender/ARM Firm
30 May 2014
The Increase in Student Loan Debt has been Irrationally Epic
14 May 2014
Third Party Debt Collection Accounts Jump in First Quarter
14 May 2014
CRS - Traditions are Maintained During a Time of Change
14 May 2014
UDAAP and Lending are the Mono-Twins of the Collection Industry
12 May 2014
Mortgage Delinquency Rate Continues to Drop; Non-Prime Borrowers Represent Bigger Share of New Loans
8 May 2014
Best Places to Work in Collections 2014 Now Open for Registration
1 May 2014
CFPB Seeks Public Comment on Proposed Rules Overhauling Regulation E
29 April 2014
Recent Enforcement Actions May Provide Guidance on CFPB Positions
29 April 2014
Sallie Mae to Split-Off Loan Servicing and Debt Collection Unit this Week
28 April 2014
How to Maximize Collections with TCPA Compliance: Best Practices for Agencies and Creditors
11 April 2014
State AG Files Five Lawsuits Against Payday Lenders
10 April 2014
CFPB Exam Leads to $747 Million Enforcement Action for Bank of America
9 April 2014
Consumer Delinquencies Fall in Most Debt Categories in Fourth Quarter
9 April 2014
State AG Settles with Auto Title Lender Over Collection Practices
4 April 2014
Bank of America, CFPB May Reach $800 Million UDAAP Settlement
4 April 2014
Panel of CFPB, OCC, and FTC Regulators Addresses Banker Questions
3 April 2014
CFPB's Peggy Twohig Responds to Banks' Supervisory Exam Frustrations
2 April 2014