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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Deadline Looms for Initial Bids in GMAC Stake Sale
12 September 2006
HSBC Not Interested in GMAC Stake
12 September 2006
Study Findings Indicate that Many Organizations Still Take a Reactive Approach to Collections Management
12 September 2006
HSBC Wants 1 million China Credit Card Users in 2006
12 September 2006
Sallie Mae Wins Award for Family Friendly Policies and Benefits
12 September 2006
MasterCard Supports Micro and Small Payments by Promoting Transaction Aggregation Model for Merchants
12 September 2006
Payday Lenders Turning to Selling Unpaid Loans, Rather than Sending to Collections
12 September 2006
UK Card Issuers Announce Plans for New Credit Data Sharing
12 September 2006
American Express and Russian Standard Bank Launch the First American Express Cards Issued in Russia
12 September 2006
Study: Most Borrowers use Payday Loans for Living Expenses
12 September 2006
Wells Fargo Remains the Nation's #1 Small Business Lender
12 September 2006
Merrill Lynch May Raise Stake in Indian Arm
12 September 2006
U.S. Card Issuers Eye Unlikely Group: New Bankrupts
12 September 2006
Significant Progress Report on Microcredit to Be Released Next Week
12 September 2006
NACM Credit Manager's Index Rises in November
12 September 2006
Portfolio Recovery Associates Announces New Credit Line as Portfolio Acquisitions Increase
12 September 2006
Discover Financial Marks Milestone in China Deal
12 September 2006
Court Affirms Action Against Cross Country and Applied Card
12 September 2006
Bankruptcy Law May Push More to Riskier Self-filing
12 September 2006
TNB Launches New Credit Card Account Management System
12 September 2006