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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TransUnion Payment Hierarchy Study Finds Consumers Paying Auto Loans before Credit Cards and Mortgages
30 March 2012
Debt Buying Contracts, Bank of America Now Focus of Magazine Reporting
30 March 2012
Apparent Cardholder Data Breach at MasterCard, Visa
30 March 2012
Billionaire to Launch Collection Agency in Poland
19 March 2012
Card Charge-Offs and Delinquencies Fall in February at Major Issuers
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Government Probe of Chase Bank's Debt Collection Practices, Part II
16 March 2012
Government Probing Chase Debt Collection Practices: Report
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Discouraging Consumer Credit; Encouraging Producer Credit: Is This a Fix?
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Unverified Debt Collection Complaints Rise in FTC's 2011 Report
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Consumers Switched Banks at Increased Rate in 2011; Small Banks and Credit Unions Preferred
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Credit Card Charge-offs and Delinquencies Fall; Mortgage Arrears Still Very High
24 February 2012
Student Loan Debt: The Next Economic Crisis?
23 February 2012
Consumer Credit Card Debt Rises; Could Mean Big ARM News Come Spring
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Pennsylvania = Freedom! for Credit Card Defaulters
21 February 2012
Illinois Attorney General Turns the Heat Up on Reverse Mortgage Abuses
21 February 2012
TransUnion to Be Acquired by Goldman Sachs Investment Arm and Buyout Group
18 February 2012
Spot the Bias: "Banking Industry Continues to Stalk Grieving Widows"
17 February 2012
Major Banks See Credit Card Charge-Offs Slip in January
16 February 2012
Assassinate NINJA Debt with a Rummage Sale
15 February 2012