Can the Payday Loan Be Reinvented? There’s been some speculation that payday…
There is some speculation that payday financing is set to truly have a big 12 months. And with justification.
As mentioned in US Banker’s “8 Nonbanks to Watch in 2013,” a few technology startups have made short-term credit the only focus of these enterprize model. The slideshow mentions ThinkFinance, a web business that uses information gathered via social media to push the cost down of the short-term loan, and Wonga, a short-term lender based in the U.K. (more…)