Jeff For Banks

APRIL 12, 2018

When I first read Standards Needed for Safe, Small Installment Loans from Banks, Credit Unions by the Pew Charitable Trusts that encouraged financial institutions to get back into small ticket consumer lending, I thought “what are they nuts!” Ever since we formed our company in 2001, this has been the case. And it wasn’t an anomaly.

Lending 60

Lending Resources Community Metro 60

Jeff For Banks

JUNE 2, 2023

The old borrow short, lend long strategy. The dot-com bubble recession began in March 2001 and lasted only 8 months. percent of all jobs in 2001 to 11.3 By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. High-tech employment fell from 12.1

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

FEBRUARY 1, 2019

History has shown that inverted yield curves precede recessions by 18 to 24 months on average, as we saw in 1990, 2001, and 2005. Indeed, banks generally pull back on lending if longer-term loan rates are less than their cost of funds, which are generally based on shorter-term rates.

Marketing 60

Marketing Community Bank Community Risk Management 60

CB Insights

NOVEMBER 16, 2017

Lending Club made changes to its business model that created new opportunities for growth. Lending Club. in market value was lost in the crash — NASDAQ lost half of its entire value in 2001 alone. Doerr introduced them to Eric Schmidt, and in 2001 Schmidt was hired as Google’s first external CEO. Lending Club.

Lending 78

Lending Capital Company Google 78