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Weighing consumer options: 6 forms of alternative lending

clock July 23, 2014 13:03 by author 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 money to pay for a car or fund a new business, it's important for him or her to weigh all available monetary p... [More]

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]

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