credit risk

Top Five Credit Score Myths


credit scoreA good credit score is one of the basic building blocks to financial stability. However, even well-informed consumers may still believe in one or...

Peering Into the Peer-to-Peer Lending Boom

For those who can't get bank loans, the new business of peer-to-peer lending can be a lifesaver. Internet companies connect people who need to borrow with individuals willing to lend to them directly -- for a fair profit, of course. Here's how it all works.

Borrowing Trouble at Microlender Prosper.com

Peer-to-peer lending site Prosper.com has stopped letting high-risk borrowers use its site because too many of them failed to repay their loans. The site's problem, says columnist and one-time lender Alex Salkever, is that Prosper got in the way of letting a social bond form between microborrower and microlender.