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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Credit Costs Sends CITI Cards? Income Down
23 July 2007
Cap One?s Card Income Rises 28%
20 July 2007
Loss Provision Rise Sends WaMu Card Profits Down
20 July 2007
Bank of America Sees Card Income Drop in Half
19 July 2007
US Bancorp Reports Quarterly Results; Credit Officer Resigns
18 July 2007
Chase's Card Income Falls as Charge Offs Rise
18 July 2007
Wells Fargo Reports Record Revenue and Earnings
18 July 2007
Rival Bidders Increase Cash Offer for ABN Amro
16 July 2007
Foreclosures Set Record in First Half of 2007
13 July 2007
Dutch Supreme Court Rules in Favor of BofA and ABN in Merger Case
13 July 2007
Novastar Loses In Court, May Win Buyer
12 July 2007
PIC Solutions Wins Retail Job, Plans Edinburgh Talk
12 July 2007
Fraud Prevention Measures
12 July 2007
Drilling Down on Consumer Bankruptcy
12 July 2007
Consumers Charge up Credit Cards in May
10 July 2007
Subprime Losses Could Top $50 billion
9 July 2007
UK Banks Focusing on Increasing Collections and Credit Quality
9 July 2007
Anti-Money Laundering Spending Up 71% at North American Banks
9 July 2007
Maine Begins Financial Literacy Program for Students
6 July 2007
U.S. Subprime Defaults to Rise, Credit Suisse Says
6 July 2007
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