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

Supreme Court Agrees to Hear Challenge to Bankruptcy Reform Law Provision

9 June 2009

Convergys Launches Loan Modification Solutions that Provide Mortgage Lenders with New Capabilities

8 June 2009

U.S. Consumer Credit Plummets in April; Credit Cards Fall 11 percent

8 June 2009

Credit Card Companies Get a Lift After Legislation Passes

3 June 2009

In Your Words: Comments from the ARM Industry Confidence Survey

31 May 2009

Delinquencies and Foreclosures Continued to Climb in Q1: Mortgage Bankers Association

29 May 2009

CDIA to Host Third Teleseminar on ID Theft Red Flag Rules

26 May 2009

Banks Eager to Repay Bailout Money to Escape Government Control

21 May 2009

ARM Companies Tell Different Tales in First Quarter Confidence Survey

20 May 2009

WWR Wins Six Awards at the 2009 NARCA Spring Collections Conference

19 May 2009

Collateral-Backed Lending Led to Economic Crisis: FDIC Chair

14 May 2009

U.S. Consumer Credit at Risk of Default Exceeds $33 Billion, According to Kaulkin Ginsberg Consumer Finance Report

14 May 2009

TransUnion Introduces First Generic Credit Score to Honduras

13 May 2009

Bernanke at Fed Meeting: More Banking Oversight Needed

8 May 2009

Executive Change: Richard Hunt Named President of CBA

6 May 2009

Oberthur Technologies Deploys Contactless Payment Sticker Certified by MasterCard

5 May 2009

Fifth Third Mortgage Company Refinances More Freddie Mac Loans

5 May 2009

Caine & Weiner and NACM Gateway Region Team Up

4 May 2009

Western Union, Consumer Portfolio Service and VeriSign Team to Offer Mobile Bill Payment Solution

30 April 2009

FTRANS Expands Bank Program with Addition of Three Financial Institutions

30 April 2009