Financing higher education in this country is broken. We are at well over $1 trillion in student loan debt today and with defaults on the rise a sizable chunk of this amount will never be paid back. Many people are choosing higher education programs today without analyzing the financial consequences of their decision. Our next […]
Today’s News
- Starling Bank Providing Personal LoansStarling’s first loan product has officially launched, offering unsecured loans of up to £5,000; rates range between 11-15% and customers can apply through the Starling app; Starling shared that users have full visibility of what the total repayments will be and also have flexibility on payment date and term. Source
- Ripple is Targeting China for Cross Border PaymentsRipple’s vice president of European Union strategic accounts Jeremy Light tells CNBC that the company sees China and the region as a target for cross border payments; Ripple recently did a partnership with Hong Kong based LianLian International to power their cross border transactions between China, U.S. and Europe; Ripple has started to make inroads […]
- Millions of Consumers See Increases in Credit ScoresA recent overhaul of how credit reporting agencies handle negative information has boosted credit scores of Americans; those that had an account removed received an average of a 11 point increase; the data comes from a report by the New York Federal Reserve which sampled anonymous credit reports from Equifax; over 8 million people were […]
LATEST PODCASTS
Podcast 163: Angela Ceresnie of Climb Credit
Financing higher education in this country is broken. We are at well over $1 trillion in student loan debt today and with defaults on the rise a sizable chunk of this amount will never be paid back. Many people are choosing higher education programs today without analyzing the financial consequences of their decision. Our next […]
Podcast 162: Sasha Orloff of LendUp
It is curious to me that 56% of the adults in this country are classified as subprime. Yet, most lenders are focused on prime or near prime consumers. Improving the financial health of the subprime population is clearly a bigger problem but also one that can potentially have a bigger reward. Our next guest on […]
Podcast 161: Everett Sands of Lendistry
For most of the last century small business lending was primarily a local endeavor. Entrepreneurs would go to their local bank to apply for a loan. The bank manager or loan officer would, of course, gather the financials of the business but they also knew the entrepreneur personally, knew how their business was going and […]