Lender

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The Economic Times  2 hrs ago  Comment 
The Nifty Private Bank was trading 3.25 per cent up at 14,277 around 01:35 pm.
BBC News  Oct 3  Comment 
Shares in the peer-to-peer lender tumble 24% on first day of full trading in London.
Japan Today  Sep 26  Comment 
Trade conflicts, rising debt and the potential impact from rising interest rates in the U.S. will likely dampen growth in the coming year, the Asian Development Bank said…
Channel News Asia  Sep 13  Comment 
The U.S. Consumer Financial Protection Bureau has filed suit against Future Income Payments, a Nevada company that offers cash advances in exchange for future pension benefits, which the regulator said are actually exceptionally high-interest loans.
BBC News  Sep 12  Comment 
Quick Quid owner CashEuroNet UK has been ranked the most complained-about banking and credit business.
Financial Times  Sep 11  Comment 
CashEuroNet UK faces £2.5m in costs in first half on ombudsman charge of £550 per complaint
Financial Times  Sep 6  Comment 
Acorn OakNorth has raised $100m to help license its artificial intelligence loan system
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Melrose Credit Union liquidated after competition from Uber drove borrowers to default 
BBC News  Aug 27  Comment 
The payday lender says it is considering "all options" following reports the firm could collapse.




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Lender

Lets someone use something that belongs to them with the intention of getting it back. Lending gives the borrower greater flexibility in dealing with temporary fluctuations in cash flow. One who lends. [1]

Lending and borrowing are basically about smoothing out the flow of cash into and out of a persons budget. A lender receives interest on the principal that he lends, and the borrower pays back more than they receive. The lender gets paid for giving up the use of the money for a time, and must also be compensated for the risk of delayed or non-repayment of the principal by the borrower.

  • Neither a borrower nor a lender be;
  • For loan oft loses both itself and friend,
  • And borrowing dulls the edge of husbandry.
    • William Shakespeare ~ Hamlet [2]

From to lend, be surety for, pledge, to hide, protect. Apparently on the notion of collateral deposited as security for something borrowed. [3] Bury, to raise a mound, hide, bury, to shelter, protection, shelter, to save, preserve. [4]

References

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