That's one
of a number of things borrowers need to know now to get the best loan.
Not exact matches
«Small business owners are seeing the
number of alternative sources for financing their companies grow at an unprecedented rate, and while this is a good
thing in terms
of increasing access to capital,
borrower protections have not caught up,» Mills said last month while introducing the
borrowers rights bill in Washington.
Karen Mills, former head
of the U.S. Small Business Administration and the keynote speaker at the event said, «Small business owners are seeing the
number of alternative sources for financing their companies grow at an unprecedented rate, and while this is a good
thing in terms
of increasing access to capital,
borrower protections have not caught up.
For both investors and
borrowers, there are a
number of things to consider before using this type
of lending.
P2P lending might seem like a good way to get better returns as an investor or a lower interest rate as a
borrower, however, there are a
number of things to check before you hand over your money or sign up for a loan.
The important
thing to know is that this rate trickles down over time until it starts to affect
things like student loan interest rates which will affect
borrowers in a
number of different ways.