Magazine Issue Year 2020

Digital Edition

May/June 2020

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Magazine Issue Year 2020

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Consumer lending

Avant Loans raises $200 million from unsecured consumer loan pool

The deal will not make any principal payments during the revolving period unless it needs the cashflow to maintain the required overcollateralization amount.

By Donna M. Mitchell

February 5
Credit scores

CFPB implements new requirements for complaints on its portal

Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.

By Kate Berry

February 5
HELOANs

Hometap appoints Silverman and Berg to senior exec roles

The financial technology firm says the hires reflect its continued investment in a solid growth, as it develops its finance offerings, and engages with industry leaders and regulators.

By Donna M. Mitchell

February 5