Insights into the world of small business lending and development

New Kinds of Lenders, Same Old Biases

For women and people of color, getting a loan from a bank can be an especially difficult proposition. That’s why many hope that the growth of alternative lenders will usher in a different, more equitable kind of credit system.

But a recent paper suggests that these new lenders may be in danger of repeating some of the same old mistakes.
Rate this content: 
No votes yet