Lending

Credit Scores Are Confusing Enough. Now This

The Huffington Post | Catherine New | Posted 05.11.2012

Trying to explain how a credit score is actually calculated is like explaining why the sky is blue to a 4-year-old. Impossible. And the credit in...

Catherine New

High Card Fees Didn't Even Help Banks, Report Finds

HuffingtonPost.com | Catherine New | Posted 05.10.2012

Outrageous credit card fees are not only bad for consumers; they're actually bad for business. That's the somewhat surprising conclusion of a new r...

Wells Fargo "Green Economy" Pledge Signals Shifting Tide

Mike Bellamente | Posted 05.02.2012

Mike Bellamente

To whatever degree Wells has invested in coal fired energy in the past, now there seems to be a conscious change of tact in how they go about it with their latest environmental commitments.

Consumer Watchdog Eyes Discrimination By Lenders

AP | DANIEL WAGNER | Posted 04.18.2012

WASHINGTON -- The Obama administration's consumer-finance watchdog says it is cracking down on lenders that discriminate against minorities and women....

Cloning Successful Startups

Fred Wilson | Posted 04.05.2012

Fred Wilson

It's a free market out there. People can do what they want. That's even more true globally. If you are successful, you will be cloned. That's life. In fact, it's a sign that you've made it when clones of your website, mobile app, and business start cropping up.

David vs. Goliath

Sen. Mark Udall | Posted 05.22.2012

Sen. Mark Udall

Colorado small businesses are starving for credit, yet an unnecessary federal regulation is standing in the way, limiting the options available for small-business loans. My bipartisan bill would increase access to capital for small businesses.

There's No Need To Panic...

Reuters | Posted 05.14.2012

By Lauren Young NEW YORK, March 14 (Reuters) - Bank customers shouldn't stress out over the latest U.S. bank stress test results. ...

Banks Choose Lending To Uncle Sam Instead Of You

The Huffington Post | Mark Gongloff | Posted 03.12.2012

If banks are doing so great, then why are they lending money to Uncle Sam instead of to you? U.S. banks bought more Treasury debt and bonds issued ...

When it Comes to Finances, Put Yourself First

Suzanna de Baca | Posted 05.01.2012

Suzanna de Baca

When it comes to finances it's best to take the airplane oxygen mask approach -- secure your own before helping others.

Top Signs Your Business Should Borrow

Brian Hamilton | Posted 04.29.2012

Brian Hamilton

There are times when it is good to borrow money, but those times are limited. So how do you know when you truly need to borrow for your business? The answer is not always obvious.

Black Borrowers Face Higher Hurdles in Lending, Study Shows

Posted 02.26.2012

By Stefanos Chen This post originally appeared at AOL Real Estate. Qualifying for a loan in today's tight credit market is hard. But add rac...

Business Owners Can Learn To Love Actuaries -- While Still Hating Credit Scores

Robert A. Berman | Posted 04.25.2012

Robert A. Berman

It's not really fair to blame actuaries for creating the biggest financial crisis in living American memory. I am, of course, talking about how tens of thousands of small business owners with long and successful track records are going out of business because they cannot get a simple business loan from their neighborhood banker.

The State of Small Business: Credit and Jobs Must be Addressed

John Arensmeyer | Posted 03.31.2012

John Arensmeyer

For too long, small businesses have been struggling to bear the brunt of the recession. Lending has all but dried up, and too many lawmakers are spending more time playing politics than working to pass smart legislation to help them. How do we know small business owners feel this way? We asked them.

Catherine New

Unemployment Will Stay Above 8 Percent For 2012, Fed Says

HuffingtonPost.com | Catherine New | Posted 01.25.2012

Memo to those who are out of work: Don't get your hopes up this year. Federal Reserve Chairman Ben Bernanke said on Wednesday that the central bank di...

Begging to Borrow

Lita Smith-Mines | Posted 03.23.2012

Lita Smith-Mines

Usually, stepping into the waiting room at this attorney's office felt like wiggling into too-small jeans. But, when I arrived recently, representing a client selling her home, I didn't need the 10 minutes I allotted to find a parking spot.

Bank's Bold Program Not Working, Raising Credit Crunch Concerns

The Huffington Post | Bonnie Kavoussi | Posted 01.05.2012

The European Central Bank's generous lending to banks is not boosting liquidity in the European economy as much as intended, according to a leading Fr...

Credit Card Interest Rates Hit Record Highs As Companies Market More Aggressively

The Huffington Post | Alexander Eichler | Posted 01.04.2012

If one of your New Year's resolutions is to pay off your credit card debt, be advised that it's getting harder all the time. That's because credit car...

Shadow Banks Go Long Energy Projects

Peter Gardett | Posted 02.22.2012

Peter Gardett

Hundreds of millions of dollars have been committed to solar and wind projects in recent weeks, and while the end of the year often brings with it a s...

Bonnie Kavoussi

Crunch Time: Bank Downgrade, Credit Squeeze Signal Possible Return To 2008

HuffingtonPost.com | Bonnie Kavoussi | Posted 12.15.2011

The situation in Europe is hitting global credit markets, making it harder for companies and banks to secure loans. Investors are buying fewer corpora...

Small Business Borrowing Is Up: Paynet

Reuters | Posted 12.12.2011

(By Lynn Adler - Reuters) - Small businesses re-engineered themselves during the recession and are now more confident and profitable, with lower-risk ...

Mortgage Insurer's Bankruptcy Will Make It Harder To Get Loans

The Huffington Post | Ann Brenoff | Posted 11.23.2011

One of the nation's major mortgage insurers filed for Chapter 11 bankruptcy protection Wednesday -- a move that's seen as a blow to lenders and ultim...

Now Is the Time to Invest in the Middle East and North Africa

David Weiss | Posted 01.15.2012

David Weiss

Microenterprises on average only employ a few people, but they create job opportunities where very few exist. One individual we supported was Jassim, a young Iraqi entrepreneur who was the sole supporter of his three younger siblings.

Big Banks' Latest Problem? They're Sitting On Too Much Cash

The Huffington Post | Alexander Eichler | Posted 12.25.2011

The economy is only barely growing, making some consumers and businesses skittish about taking out loans and with banks not lending that money out, it...

Small Business Lending 'Finally Turning The Corner': PayNet

Reuters | Posted 12.17.2011

(By Deborah L. Cohen) - Startup activity is expected to pick up this year and into 2012 as sectors such as amusement and recreation services continue ...

Addressing the Credit Needs of the Unbanked

Bill Himpler | Posted 12.07.2011

Bill Himpler

The need for access to affordable credit among the unbanked has been met by a steady call for banks to offer small dollar loans.