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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Services Sector Still Strong, But Growth Cools in November
12 September 2006
GMAC to Sell $20 billion in Auto Loans
12 September 2006
A High-Tech Solution to the Car Repo Man
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Wachovia and Genpact Announce Outsourcing Agreement
12 September 2006
Fair Isaac Shares Fall on Downgrade
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Foreign Partners Eyed in Sale of LG Card
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NexTag Enters Agreements With Equifax and TrueCredit to Offer Consumer Credit Services
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HSBC Finance Corporation Completes Acquisition of Metris
12 September 2006
UK Banks Fear Loss of Bad Debt Tax Relief
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Bankrate.com Survey Illustrates Why Banks Should Stay Out of Real Estate
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BofA Would Rather Not Buy GMAC-like Company - Report
12 September 2006
Credit Card Rates Likely to Continue Rising
12 September 2006
Electronic Payment Providers, Inc. and CR Software Partner to Provide Real-Time, Integrated Credit Card Processing
12 September 2006
State Passes Law to Regulate Payday Loans
12 September 2006
U.S. Q3 GDP Revised Higher to 4.3%
12 September 2006
Durable Goods Orders Surge in October
12 September 2006