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
Black keyboard with one large red key that says "Opinion" [Image by creator tashatuvango from AdobeStock]

Why Debt Collectors Should Take Notice of IBM’s Acquisition of Promontory

3 October 2016

LendUp Feels Growing Pains As CFPB Orders Payment for Misleading Practices

29 September 2016

Harvest Strategy Group Execs to Speak at National Credit Union Collections Conference

26 September 2016

House Committee Approves Dodd-Frank Replacement Bill

21 September 2016

File drawer with one folder in focus, labeled "Court Decisions" [Image by creator tashatuvango from AdobeStock]

5th Circuit Rules Against Collector For Not Making Disclosures in Time-Barred Debt Case

14 September 2016

Wells Fargo $185 Million Penalty is a Warning to Collectors, Too: Look Hard at Your Compensation Plans

9 September 2016

U.S. District Court Judge Dismisses Collection Litigation Suit Against Bank of America

8 September 2016

AdobeStock-Dialogue table discussion round table seat at the table

Tim Bauer on the Making of a “Must-Attend” ARM Industry Conference

1 September 2016

Small Business Representative Shares Her Thoughts About Yesterday’s Debt Collection SBREFA Hearing

26 August 2016

CFPB Debt Collection Proposals Would Create Problematic New Substantiation Standard

25 August 2016

 [Image by creator Curioso Photography from AdobeStock]

Wells Fargo Reaches Settlement with CFPB Over Alleged Illegal Student Loan Servicing Practices

23 August 2016

 [Image by creator iQoncept from AdobeStock]

U.S. District Court in Georgia Grants Initial Approval of Wells Fargo $30 Million TCPA Settlement

23 August 2016

Court Affirms Dismissal of Crawford Case for FDCPA ‘Time-Barred’ Proof of Claim, Case Was Itself ‘Time-Barred’

11 August 2016

7th Cir. Deepens Split on FDCPA Liability for ‘Time-Barred’ Claims

11 August 2016

 [Image by creator kentoh from AdobeStock]

insideARM Perspective on CFPB Outline of Proposed Rules – Litigation and Time-Barred Disclosures

3 August 2016

 [Image by creator Krasimira Nevenova from AdobeStock]

insideARM Perspective On CFPB Outline of Proposed Debt Collection Rules – Information Integrity

2 August 2016

Group of people discussing at a table [Image by creator pressmaster from AdobeStock]

insideARM Innovates Again, With "One of the Most Productive Events in the History of the ARM Industry"

25 July 2016

More Commercial Collection Agencies Collecting Younger Debts as Clients’ Ancillary AR Departments

13 July 2016

 [Image by creator iQoncept from AdobeStock]

$9.25 Million TCPA Class Action Settlement by American Express Preliminarily Approved in Illinois Federal Court

11 July 2016

Image of someone's hand pointing to a sign that says default [Image by creator pichetw from AdobeStock]

CFPB Requests Default Judgment Against Debt Settlement Company

7 July 2016