Sentence examples for Internet lender from inspiring English sources

Exact(2)

Spain's Santander Group has made several acquisitions since 2007, including RoadLoans, an internet lender, and a $3.2 billion portfolio of loans from Citigroup, which is scaling down its consumer-finance operations.One attraction is the market's fragmented nature, which offers newcomers the chance to establish a leading position without spending too much.

Last year Quicken Loans became the largest Internet lender in the country, surpassing J.P. Morgan Chase and Washington Mutual by closing $14 billion in direct-to-consumer loans, a number that, Gilbert claims, will grow 20% this year.

Similar(58)

Many national lenders -- including Internet lenders -- have no "community" to speak of.

The Labour MP Stella Creasy, who has led a campaign against high-interest internet lenders, called on Sir Gerald to "examine his own conscience".

Most payday lending is done online, with the Competition Commission recently finding that internet lenders, including firms such as Wonga and QuickQuid, were responsible for 80% of loans.

They make mortgages slightly cheaper, while mostly stifling truly private competition (though currently they are making it easier for start-up Internet lenders to take on the established banks, prompting the banks to lobby harder against them).

Worse still, as the Times's Jessica Silver-Greenberg reported recently, banks in the state are profiting from the loans by allowing the Internet lenders to automatically withdraw payments from the borrower's account, in some cases without his or her permission.

But Chase kept the account open and between April and May, the six Internet lenders tried to withdraw money from Ms. Brodsky's account 55 times, according to bank records reviewed by The New York Times.

Other borrowers rely on family or Internet lenders that offer money at rates that exceed the District's legal caps, said Marcel Reid, president of D.C. ACORN, one of the main activist groups that drove the crusade against payday lenders.

He said the move would "make sure that hardworking people get a fair deal from the financial system, whether it's the banks or the payday lenders or the internet lenders".

Shady internet lenders in China are reportedly coercing female college students to provide nude pictures of themselves as collateral – a loan-for-porn scheme that has prompted anger on the country's internet.

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