Whether or not Lending Club managed to get a month or so jump on the Fourth of July with its interpretation of fireworks, 2016 was already shaping up to be a tough year for marketplace lenders. Market conditions were changing, as were investor options about...
When most laymen hear the term “alternative financial services,” they immediately envision consumers (and small businesses) that are underserved by the traditional credit markets and either unable to secure credit along “mainstream” channels or unable to do so without facing a difficult or time-consuming process....
The subject of short-term lending never fails to be divisive, with consumer advocates of all stripes lining up on totally opposite sides of the arguments – depending upon how they define their advocacy. Advocates of consumer protection almost universally loathe the payday moniker and tend...
For the last 300 odd years, the term “perfect storm” has referred to a meteorological event wherein all of the wrong factors in a climate system came together at just the right time to create some sort of monstrous weather event. For the last 20...
December 13, 2016
Millennials just aren’t buying homes — they are the first generation of Americans since World War II who will meaningfully move away from that vision of the American Dream. Millennial homeownership rates — for those 75.4 million or so young adults between the ages of 19 and 35 — was far below historical averages and about a […]
July 05, 2016
Whether or not Lending Club managed to get a month or so jump on the Fourth of July with its interpretation of fireworks, 2016 was already shaping up to be...
