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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Barclays Bank Backs Out of ABN Deal

5 October 2007

The Canadians are Coming...for Our Banks

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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

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Bank Set Asides Rise as Charge Offs Increase

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UK Banks Writing Off Record Levels of Bad Debt

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23 August 2007

More Mortgage Lenders Announce Cuts and Closures

23 August 2007

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