It was a busy Monday for banking news, with one big company rolling out a new prepaid card and another behemoth launching a …
lending
More Likes, More Cash? Kabbage Provides Working Capital for Online Merchants
Online lender Kabbage offers financing to small businesses selling primarily via eBay, Amazon, Yahoo, Shopify, or Etsy.
Hey, Sis, Can I Bum Some Money? Another Reason It Sucks To Be A Middle Child
There’s been much focus over the years on the role of birth order on personality, employment and finances, to list just a few areas. Whatever you think of the broad idea—first proposed by Sigmund Freud collaborator
Credit Standards May Finally Be Loosening For Housing
It’s wild to think that a strawberry picker who earned $15,000 qualified for a $720,000 mortgage in 2005. But it’s just as ridiculous to think that a buyer with a credit score of 720 and who can put 20% down may not have …
The Right Way to Loan Money to Family and Friends
When a friend or a family members asks to borrow money, your first inclination is probably to help out. You can save yourself a lot of grief by knowing in advance how you'll handle these situations.
The problem with more small-business lending as a creator of jobs
I recently spoke to the owner of a small company who is buying a new building. He is in an industry—energy-related—that happens to be doing quite well right now. Banks, he said, are tripping over themselves to loan him money. Three different lenders are competing for his business, which means that he’s been able to go to back to them …
