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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Citi Names Richard D. Parsons as Chairman of the Board of Directors
22 January 2009
Major Banks Report Disastrous Earnings; ARM Strategies Seen Shifting
21 January 2009
Bank Economists See Recession Deepening; Policy Action Key to Second Half Recovery
20 January 2009
Executive Change: PIC Solutions Appoints Stephen Leonard International CEO
16 January 2009
Second Half of TARP Funds to Carry More Strings
15 January 2009
Executive Change: David McAlpin to PIC Solutions as CEO
15 January 2009
ABA Testifies On Status of Capital Purchase Program and Future Use of TARP Funds
14 January 2009
PIC Solutions Partners with Leading Pakistani Systems Integrator
13 January 2009
Executive Change: Robert E. Rubin Announces Retirement from Citi
12 January 2009
MicroBilt Opens 50 Million Consumer Market to Small Businesses
9 January 2009
Auto Loans, Home Equity Delinquencies Rise in Third Quarter 2008: ABA
8 January 2009
Total Financial Bailout Money Already Exceeds $2 trillion
8 January 2009
Bank Mega-Mergers Create Different Monsters
7 January 2009
American Savings and Hope Community Credit Unions Merge
7 January 2009
Credit Index Shows Widespread Carnage in Manufacturing
6 January 2009
Holiday Leftovers; Food for Thought for the New Year
5 January 2009
Navy Federal Credit Union Commits $6 Billion for Mortgage in 2009
5 January 2009
Accounts Receivable Management in 2009: Hitting the Wall
5 January 2009
E*Trade Units Fined $1 Million for Inadequate Anti-Money Laundering Program
2 January 2009
Wells Fargo and Wachovia Merger Completed
2 January 2009