Frank TianFeb 26, 20232 minConsumer CreditCard Players Jockey for Position💳 With credit card balances surging back, lenders continue to jockey for positions in the competitive field. 🏇 📌 Wells Fargo launches...
Frank TianFeb 2, 20232 minConsumer Credit💰 Why do large banks embrace small-dollar loans? This is a trend in the making in the last few years - now it caught American Banker’s attention. 🟦 Current State According to the latest...
Frank TianJan 31, 20231 minRegulation💳 CFPB Caps Card Late FeeThe details of card late fee rule-making are out. 👇 CFPB proposes an $8 cap, Within 25% of the required payment, No automatic annual...
Frank TianJan 29, 20231 minOthers🎙️The latest episode of The Lending Link podcast just dropped!The host Rich Alterman did a great job: his questions within the hour led my mind to race down memory lane, reaching back to my...
Frank TianJan 3, 20231 minMacroTech Back to EarthThe low-hanging fruits of tech adoption were picked. People went to cloud nine to look for exotic breeds, but the produce cannot be too...
Frank TianJan 1, 20232 minConsumer Credit9 Things to Watch in Consumer Credit. 1. Will the central bank succeed in taming high inflation with a soft landing? The ideal scenario for businesses and consumers: the...