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Card Players Jockey for Position
π³ With credit card balances surging back, lenders continue to jockey for positions in the competitive field. π π Wells Fargo launches...
Frank Tian
Feb 26, 20232 min read
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π° Why do large banks embrace small-dollar loans?
This is a trend in the making in the last few years - now it caught American Bankerβs attention. π¦ Current State According to the latest...
Frank Tian
Feb 2, 20232 min read
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π³ CFPB Caps Card Late Fee
The details of card late fee rule-making are out. π CFPB proposes an $8 cap, Within 25% of the required payment, No automatic annual...
Frank Tian
Jan 31, 20231 min read
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ποΈThe 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 Tian
Jan 29, 20231 min read
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Tech Back to Earth
The 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 Tian
Jan 3, 20231 min read
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9 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...
Frank Tian
Jan 1, 20232 min read
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