Protecting Our Service Members From High-Cost Lenders
Acknowledging that a previous law did not go far enough, the Defense Department says it needs to expand rules.
Browsing Tag
Lending
3 posts
Banks Don’t Do Much Banking Anymore—and That’s a Serious Problem
As hedge funds, private equity firms, and other asset managers that make up the shadow banking system gradually take over the role of lending, their risks—and the borrowed money they use to make them—are largely shielded from view.
Microlending Enters a New Phase
Long associated with less-developed economies, various efforts to hook smaller bits of First World money to First World needs are afoot.