Should Personal Loans be Used to Start a Small Business?

It is not always easy to find the money to launch a new business. Traditional business loans are normally not an option for a fledgling business; lenders prefer to make loans to companies with established records of sales and expenses. However, insufficient funding is one of the leading reasons that new businesses fail. Caught between

Japan to Begin Massive Investments in U.S. Infrastructure Projects

While campaigning, Donald Trump stated that improving the nation’s infrastructure was one of his priorities. For example, in August 2016, The New York Times reported that Trump said that he wanted infrastructure spending of at least twice the amount proposed by Hillary Clinton. Trump feels that improvements in infrastructure will boost economic stimulation while providing

Reasons for hope: The Economy is Finally Poised for Serious Growth

The election of Donald Trump sparked a deluge of drama that began long before he was inaugurated and continues through today. Media reports have been filled with debates over Trump’s candidates for cabinet posts, allegations that Russia hacked the election, questions about the Trump family’s business dealings and the new president’s phone calls with foreign

Gold Soars as Dollar Continues in Record-setting Decline

Changes in the economy are neither simple to understand nor entirely predictable. Virtually every metric that is used to evaluate the economic health of a nation can be influenced by a variation in another metric. For example, consider the price of gold. Typically, when the dollar shows a pattern of a record-setting decline, gold prices

Like it or Not, Trump Holds True to His Word on Economic Policies

During a presidential campaign, candidates make dozens or even hundreds of promises. In recent years, the American people have become increasingly cynical about campaign promises; no president in recent history has kept ever promise made during the election cycle. However, thus far, President Trump has demonstrated that he plans to remain true to his word

Trump’s Economic Policies Could Crash Markets, Economist Warns

When Donald Trump won the presidential election, most analysts were stunned. It seems that virtually no one expected Trump to actually take the election away from Hillary Clinton; she was ahead in the polls throughout most of the campaign cycle. Trump’s victory left Wall Street almost giddy as investors responded to his campaign promises of

Yes, Virginia, You Can Still Get Personal Loans with Bad Credit

Personal loans for bad credit might not be the same as a visit from Santa Claus, but getting a loan could make the difference between a happy Christmas and a disappointing one. A recent article in Reviewjournal.com provided some practical advice for getting loans even when you have bad credit. The article recommends several appealing

Don’t Let Lack of Capital Hold Back Your Entrepreneurial Dreams!

Traditional funding sources for small businesses typically include small business loans, venture capital, angel investors and public and private grants. Getting help from government sources, such as the Small Business Administration, might seem challenging, but President Obama signed the Small Business Jobs Act in 2010, which offers multiple ways to get the funding you need

Small Business Optimism Explodes to Highest Levels in Decades

Small Business Optimism Explodes to Its Highest Level in Decades as Trump Takes Reins One of the most respected barometers of business confidence has determined that optimism soared to unprecedented levels in December of 2016 based on Donald Trump’s election and his pro-business agenda. Expectations for growth are the highest that they’ve been since late

Loan Growth Slides Precipitously in Commercial Banking

Conflicting indicators characterize the banking industry’s prospects in the immediate future. Although consumer lending and volume of personal loans recently increased in the fourth quarter of 2016 based on the rise of marketplace lending, there’s been an abrupt decline in commercial lending. Many analysts believe that a healthy commercial loan industry is critical to global

Personal Loan Options Expand with New Mobile Apps

There are a steadily increasing number of lenders, peer-to-peer loan companies and alternative financing strategies that you can use to find a personal loan, so many consumers appreciate being able to find, manage and apply for loans using mobile apps. Androidapps.com and other sources now provide convenient mobile apps that take the drudgery out of

Strong Growth in Personal Loans With P2P Lending Leading Charge

Personal loans have recently experienced a surge according to a report posted at SMH.com.au. The article cited a strong increase in applications for personal loans during the fourth quarter of 2016, which was 12.4 percent higher than during the same period in 2015. The increase was largely credited to peer-to-peer, or P2P, lending, which is

Installment Loans Gain Favor Over High Interest Short-term Counterparts

A recent Center for Financial Services Innovation and Core Innovation Capital report completed to assess the country’s financially underserved residents found that installment loans are gaining favor over their higher interest short-term counterparts. This research report offers the nation’s lenders a glimpse of the amount that financially underserved people spend on interest and fees, helping

7 Great (and Not so Great) Options for when You Need Fast Cash

A financial emergency is often a desperate situation, one full of challenges and tough decisions. Car repairs, medical bills and unpaid utilities frequently fall into this category as does an unexpected job loss or other kind of personal tragedy like a house fire. For these types of money-based financial urgencies, there are seven great, and

How to Borrow Money When Your Credit is Absolutely Shot

Most people believe that when an individual has a high credit score, then the lending world is his or her oyster, but what if your credit score is on the low side? When it comes to how to borrow money when your credit is shot, it’s easier than you think. Options range from bad credit

Better Options than Payday Loans for Bad Credit Borrowers

Cash-strapped people with poor credit scores can become desperate borrowers. In this situation, those in need of money may turn to any source for funds including short-term lenders, but when it comes to payday loans for bad credit borrowers, are there other options? For many, there may be. In fact, cash-strapped borrowers may have more

American Student Loan Debt Increasing to Catastrophic Proportions

In recent decades, the idea became prevalent that a college degree was the only way to guarantee a good job, financial security and the ability to participate in all of the aspects of the American dream, including home ownership. During the same period, skyrocketing tuition costs made it extremely difficult for students to pay for