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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Chevy Chase Bank Settles Credit Card Suit
12 September 2006
Judge Rules Part of New Bankruptcy Law Unconstitutional
12 September 2006
IMF Sees Soft Landing for U.S. Economy
12 September 2006
Banks Offer Card Perks Only to Clients
12 September 2006
Telemarketers Selling Bogus Credit Card Protection and Healthcare Plans Settle FTC Charges
12 September 2006
HSBC Profit Soars, But Bad Debts are Piling Up
12 September 2006
State Credit Unions will Now Offer Payday Loans
12 September 2006
National Bank of Canada Acquires U.S. Debt Purchaser Credigy
12 September 2006
Some Card Issuers Turn Away from Direct-mail Pitches
12 September 2006
Wachovia Unveils New Payment Card Strategy
12 September 2006
Federal Credit Freeze Override Currently Making Way through House
12 September 2006
Bank of America notifying customers about stolen data
12 September 2006
Woman Wins Suit Against Equifax
12 September 2006
New Joint Credit Score for Sale to Consumers; Lenders Slow to Adapt
12 September 2006
Citigroup Leads Consortium to Bid on Chinese Bank
12 September 2006
Worldwide Demand for Fair Isaac's Global FICO® Score is Strong and Growing
12 September 2006
UK Delinquencies Drag Down Capital One
12 September 2006
China Moves to Curb Excessive Credit
12 September 2006
Account Portfolio Management, LLC Receives $10 million Financing Facility to Purchase Debt
12 September 2006
JP Morgan CEO Says Credit Card Losses to Grow
12 September 2006