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Alternative lending boosts consumer credit

clock July 14, 2014 10:13 by author Sean Albert
Whether to pay for tuition or a car, consumers are looking to procure loans in whatever way possible. While some take the traditional route and visit their banks for financial assistance, others find alternative lending to be the better option. Why credit rises For the majority of consumers, borrowing money from a financier isn't an option unless... [More]

Social media, software make alternative credit more transparent

clock July 8, 2014 11:01 by author Sean Albert
When people turn to alternative credit lenders to help them get out of a financial bind, some of them are somewhat confounded by what they've gotten themselves into. In turn, those on the other side of the deal find they need a better way to keep track of the customers they're assisting. Therefore, the best choice both parties have is to make trans... [More]

Houston collector faces massive fine: What can you learn?

clock July 7, 2014 07:01 by author Philip N Burgess Jr MicroBilt
The most savvy of workers can find a lesson in every situation that goes wrong within their industry. For instance, marketers who created a failed campaign might realize that they should have done some more focused research into their target audience going into things or recognize that the method of delivery wasn't appropriate for that segment. Thi... [More]

Maine residents benefiting from short term lending

clock July 3, 2014 13:00 by author Quinn Thomas
For those living paycheck to paycheck, exploiting opportunities to capitalize on alternative credit seems like a viable option. Sometimes, unforeseen expenses occur that can set a household behind, tarnishing its residents' financial reputation. Whether a car breaks down, a water heater bursts, a septic tank cracks or some other unanticipated accid... [More]

Lending scams persist: How to lead consumers down the right path

clock June 23, 2014 13:13 by author Sean Albert
In almost any industry, there is a majority of legitimate, upstanding entities that play by the rules and exist to help their clients. However, bad apples do persist and run the risk of ruining the entire reputation of the sector, no matter how small a fraction they make up.No one knows this better than short term lenders. Sometimes it seems like t... [More]