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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Foreclosures Could Cost $25 Billion Next Year
24 October 2007
Equifax Income Drops 14% Despite 25% Revenue Rise
24 October 2007
Quarter Positive but AmEx Sets Aside More for Losses
23 October 2007
Cap One Card Profits, Charge Offs Rise
19 October 2007
Wachovia?s Wobbly Third Quarter
19 October 2007
Disliked but Needed IVR Systems to Keep Growing
19 October 2007
BofA Card Income Falls 25 Percent on Credit Costs
18 October 2007
WaMu Cards? Receivables Rise as Income Drops
18 October 2007
Chase Reports Higher Income, Revenues and Provision for Losses
17 October 2007
Paulson: Housing Getting Worse, Banks Should Help Themselves
17 October 2007
US Bancorp, Wells Fargo Roll Out Quarterlies
16 October 2007
Citi?s US Card Group Sees Declines in Quarter
15 October 2007
Moody?s: August Charge Offs Rise but Cards Remain Strong
15 October 2007
Earnings Watch for the Week of October 15
12 October 2007
ABN Buyout Offer Moving Toward Closure
11 October 2007
Credit Crunch Not Hitting Corporate Bond Market
10 October 2007
Credit Crunch Hits Profits at Two Giants
5 October 2007
Barclays Bank Backs Out of ABN Deal
5 October 2007
The Canadians are Coming...for Our Banks
3 October 2007
TD Bank Buys Commerce Bancorp in $8.5 billion Deal
2 October 2007
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