While alternative lenders – like the web-based peer-to-peer enterprises – have been getting a lot of attention in the media, it’s the large banks that are really making small business lending “news” right now. Big bank loan approval rates to small businesses hit an all-time high in the June 2017 Biz2credit Small Business Lending Index. […]
The first lesson a respected college professor taught his students was to not trust academic “experts.” If you look at the track record of these so-called experts, it’s never very impressive. And it gets worse when public policy makers become involved. They find academics who take opposing views and try to shape the debate in […]
It seems like there is more news about currencies today than ever before. The US dollar is being challenged as the global currency of record and at the same time Bitcoin is mounting an increasingly serious challenge to all national currencies. Recently Dell announced that it would accept Bitcoins as payment. The computer-making behemoth joins […]
Survey says! It’s a catch phrase that’s been in the American lexicon since Richard Dawson started hosting Family Feud in 1976. The show’s main hook is the embarrassing answers contestants give when they try to guess survey results. It can be equally as embarrassing trying to explain survey results, even when the surveys come from […]
Watch the latest video at video.foxbusiness.com Small business expert Susan Solovic and Credit.com Director of Consumer Education Gerri Detweiler on lenders using social media to research potential borrowers.