GE Capital Buys Citigroup’s Retail Loans

by | Oct 6, 2010 | Towing

General Electric unit GE Capital announced Tuesday that it had acquired the retail finance portfolios from Citigroup’s Retail Partner Cards. Financial terms of the deal were not disclosed, but GE Capital expects it will immedia…

Loan Approval Rate Expected to Drop as Applications Rise

by | Sep 7, 2010 | Towing

Approval rates for bank loans will likely fall as the number of applications increase over the next six months, according to a recent survey of banking professionals released today by Fair Isaac and Northwestern University’s Ke…