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Small-dollar loans could have transparent terms, be online, offer financial education, and the opportunity to build credit

By Hicbd
Tue Aug 25 2015 9:14 pm

As shown by Spotloan, LendUp, and Fairloan, payday loans are also offered at cheaper rates and use personal data to identify potential reliable borrowers.

URL:
http://www.wired.com/2013/01/techs-hot-new-market-the-poor/
http://www.nationaljournal.com/next-economy/solutions-bank/the-online-lenders-that-could-break-the-payday-loan-racket-20130328

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Categories:
Global Poverty Global Asset Building / Financial Inclusion U.S. Poverty Payday Loans Personal Debt Loans Small-dollar loans

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