Short term lending has a bad reputation in some circles, often deservedly so. But there are tens of millions of consumers in middle America who are non-prime but still have credit needs. They don’t qualify for a loan at any of the prime online lenders like LendingClub, Prosper or Marcus. So where do they go? […]
A stronger-than-expected August jobs report on Friday reinforced Dallas Federal Reserve President Robert Kaplan’s belief that there needs to be three to four interest rate hikes over the next 12 months to maintain steady economic growth. “That tells me that over the next nine to 12 months, we ought to be raising the Fed fund
‘Strong’ jobs report reinforces future rate hikes: Dallas Fed’s Kaplan Read More »
