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Monday, July 28, 2014

Budget

News                                                                                                                             
CNN Money | Investors help the rich pay off student loans
It's an increasingly popular form of lending called peer-to-peer, or P2P. Firms like Social Finance (SoFi) and contemporaries Lending Club and Prosper pair people who want income with people looking for credit. It's an end run around traditional bank lending.

Econ Comments & Analysis                                                                                            
CATO | Reversing the Decline in Small Business Lending
Of course small business lending is risky. The annual failure rate for firms with fewer than five employees averages around 20 percent — 1 in 5. That’s true even during a boom.