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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China Raises Rates to Slow Rapidly Growing Economy
12 September 2006
Groups Push for Defeat of Wal-Mart Bank
12 September 2006
Payday Loan Battle Heats Up in Oregon
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Consumers Paying Off more Credit Card Debt
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Rates, Consumer Loans may Hurt Bank Profits
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Largest Japanese Consumer Lender Shut Down Temporarily Over Debt Collection
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Wal-Mart says it has No Plans to Open Bank Branches
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Bank Regulator Warns Against Loan Standards Slide
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Wal-Mart Submits Revised Bank Application to FDIC
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JPMorgan Chase and Bank of New York Agree to Massive Asset Swap
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HSBC, Citigroup Stymied by Chinese Who Pay Credit Cards in Full
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Citigroup Merger Ban Lifted; Eyes Saudi Arabia
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GMAC Stake Sold to Investor Group for $14 billion
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Senate Panel May Consider Regulatory Relief for Financial Services Companies
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