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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First Data Names Card Issuing Unit Chief
12 September 2006
Freddie Mac Survey Asks Why More Delinquent Borrowers Don't Call Lenders for Help
12 September 2006
Fed Seen Raising U.S. Rates, May Signal Change Ahead
12 September 2006
TSYS Acquires Equity Interest In China UnionPay Data
12 September 2006
First Data Prepaid Services' Survey Profiles Canadian Gift Card Market
12 September 2006
EFT Network Launches Direct2Fed System to Leading Financial Institutions
12 September 2006
Canadian Credit Unions Enjoy Record Results
12 September 2006
Bankruptcy Law Backfires on Credit Card Issuers
12 September 2006
NetBank Introduces Revolving Lines of Credit for Small Businesses
12 September 2006
Citigroup Bids $1.5 bln for China Bank Stake
12 September 2006
U.S. Banks Raise Prime Rate to 7.25 percent
12 September 2006
Business Loan Demand Rocks
12 September 2006
Collegiate Solutions Enters the Student Loan Market
12 September 2006
Cooler U.S. Housing Market to Slow GDP in 2006
12 September 2006
Payday Loan and Check-Cashing Leader Cash Now Offering Subprime Financing on Premium Autos
12 September 2006
State Board Rules Against Payday Lending Opponents
12 September 2006
U.S. Consumer Credit Slides $7.20 billion in October
12 September 2006
Conflicting Reports on the ATM Industry
12 September 2006
Goldman to Buy 42 pct of Sanyo Credit for $275 mln
12 September 2006
Secretary of Banking Says Legislature Needs to Get Tougher in Overseeing Payday Lenders
12 September 2006