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 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
Citigroup Earnings to Fall 60% on Loan Problems
1 October 2007
NetBank Closed by Federal Regulators
1 October 2007
Banks Reducing Credit in the UK
27 September 2007
PR - Four Credit Reporters form Strategic Alliance with SearchMyLoan.com
27 September 2007
Visa, Experian Join for Risk Products
27 September 2007
Equifax Follows TransUnion in National Credit Freeze
24 September 2007
TransUnion Freeze Plan Looks Good, But?Say Activists
19 September 2007
American Express to Sell its Global Bank
18 September 2007
Collections Capacity Optimization - Part 1
12 September 2007
Discover Riding Out Subprime Problems: CEO
10 September 2007
Bank Set Asides Rise as Charge Offs Increase
7 September 2007
New BITS Program Eases Paperwork Burden
4 September 2007
UK Banks Writing Off Record Levels of Bad Debt
31 August 2007
Delinquencies and Charge-Offs Soar in Q2, Says FDIC
23 August 2007
More Mortgage Lenders Announce Cuts and Closures
23 August 2007
Credit Crunch Means Lenders will Speed Collections Technology
22 August 2007