What is the Credit Card Act and why was it introduced?
Industry Information

What is the Credit Card Act and why was it introduced?

In the years before 2009, credit cards had become one of the most common forms of consumer borrowing in the United States. By 2008, household credit card debt had climbed past $900 billion, according to Federal Reserve data, and card issuers were enjoying some of their most profitable years. The business model was clear: interest […]

How to find a profitable lending niche and target the right borrowers
How to

How to find a profitable lending niche and target the right borrowers

As a loan business owner looking to succeed, scale and stand out in the lending ecosystem, you must recognize that you can’t lend to everyone. We’ve highlighted several ways to target the right borrowers and find a profitable niche. 

The rise of retail finance in South Africa and what it means for modern lenders
Lender information

The rise of retail finance in South Africa and what it means for modern lenders

South Africa’s retail finance space needs better execution solutions that work at the margins. This article explores how retail finance in South Africa is evolving and what’s driving the growth.