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.

See all Topics

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