by Christopher Liechty | Dec 3, 2014 | Finance
We’ve been silent for awhile on the subject of lending discrimination and the CFPB, but that doesn’t mean the rest of the lending world stopped talking about it. Today, for example, Toyota Credit announced that it has been accused of discrimination by the...
by Christopher Liechty | Nov 3, 2014 | Finance
When I was an undergraduate at the University of Washington, I encountered a phenomenal teacher in one of the undergrad history surveys. That experience prompted me to take more history courses and, eventually, I earned a degree in history. While I wouldn’t call...
by Christopher Liechty | Oct 23, 2014 | Finance, General Topics
Like all businesses, we generate questions that don’t have easy or obvious answers. The competition is always innovating and that creates pressure from the market to adapt, copy or justify sticking to our guns. For us, we’ve talked on this blog about staged funding...
by Christopher Liechty | Sep 30, 2014 | Finance
Though a fairly narrow specialty, there are two types of lenders in home improvement financing. The majority by volume are indirect lenders, a list of banks and finance companies that includes Medallion Bank. The majority by numbers are direct lenders. Direct lending...
by Christopher Liechty | Sep 12, 2014 | Finance
Well, in short…they’ll go up. But that’s the obvious answer. There’s a lot more to discuss. If you pay attention to the business or economics articles in the news, everything seems to be about the Fed. When will they raise rates? How will they...
by Brenda Greenwell | Aug 5, 2014 | Finance
Where were you in 2008? There are several narratives for what happened leading up to the Great Recession. On the left you’ll hear that the banks forced innocent and unsuspecting borrowers to take out mortgages they couldn’t afford. On the right...
