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 Card Sector Faces Challenging Period Ahead: Moody's
20 October 2008
ING Gets $13.3 billion Capital Boost From Dutch Government
20 October 2008
Swiss Government Props Up UBS with $60 billion
17 October 2008
Citigroup Reports Loss of $2.8 billion, Card Losses Soar
16 October 2008
Provident to Buy $42 million in Chevy Chase Bank Deposits in Baltimore
16 October 2008
Former Resolution Trust Corporation Experts Prepare for U.S. Financial Restructuring Effort
16 October 2008
JP Morgan Chase Sees Credit Card Chargeoffs Rise
15 October 2008
ARM Industry Hit Last Quarter, But Still Optimistic
15 October 2008
Financial Markets React to Intervention; U.S. to Take Stakes in Banks
14 October 2008
The Banking Landscape Potentially Transformed
14 October 2008
First Data Becomes First Payment Processor to Offer All Major Alternative Payment Brands
14 October 2008
Private Student Loans Hard to Get in Credit Crunch
13 October 2008
Bureau of Collection Recovery Opens New 225 Seat Call Center
13 October 2008
Composure While Under Pressure
10 October 2008
Citigroup Abandons Wachovia Fight; Will Seek Damages
10 October 2008
AIG Gets $37 Billion More From Government
10 October 2008
PIC Solutions Develops Scoring Solutions for Absa Bank
9 October 2008
Servicing Loans Crucial to Success of the Bailout Plan
9 October 2008
Consumer Credit Falls in August for First Time in 10 Years
8 October 2008
JD Group selects ACET Processing
8 October 2008
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