Lenders tighten underwriting standards; coronavirus death on Wall Street
Banks and fintechs are not taking undue risks in lending to new customers; Jefferies CFO Peg Broadbent succumbs to the disease at age 56. ... Read full article
News Topic: Jefferies
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Startup lender Petal launches its subprime credit card
The firm hopes to distinguish itself from other lenders by analyzing customer cash flow to determine the likelihood that borrowers will repay. ... Read full article