What questions will alternative lenders be asked?
Aug 01, 2014 Sean Albert
When consumers enter an alternative lending storefront, ready to borrow some much-needed cash for unexpected expenses like home repair after a natural disaster or a surprise medical bill, they're probably going to have a lot of questions. After
Little loans a major contributor to consumer credit debt
Jul 31, 2014 Walt Wojciechowski
It's easy for consumers to forget that small purchases add up over time, contributing to a large amount of debt.Credit card companies and lenders alike need a sound, flexible system that can accurately track spending habits in real time. Identifying
Debt collectors are interested in interest
Jul 29, 2014 Philip Burgess
Many companies, medical organizations, traditional lenders, alternative credit corporations and other groups are allowed to charge interest if they don't receive prompt payment from consumers or if these individuals borrow money. This way,
What is retail installment financing and why should dealerships buy in?
Jul 28, 2014 Philip Burgess
For many people from all backgrounds, cars are seen as a necessity now. Without vehicles, individuals may not be able to commute to their jobs, but they generally cannot afford to keep their automobiles on the road without a steady stream of
Weighing consumer options: 6 forms of alternative lending
Jul 23, 2014 Sean Albert
Unfortunately, many consumers believe banks are the only legitimate sources of financing.Contrary to popular belief, there are a number of alternative lending options people can go to in times of need. Whether a person is looking to borrow