Beverly Hills 11/14/2009 5:20:31 AM
News / Business

Market-based Solutions to the Credit Crunch

“Market-based Solutions to the Credit Crunch—and How You Can Participate” is an article in EQUITIES Magazine’s upcoming Winter issue

Consumer and small business credit card holders were some of the biggest victims in the financial meltdown. According to USA Today, at least one-third of U.S. credit card holders have had credit lines reduced or cancelled in 2009 and 2009, and the trend is accelerating. National Association of Small Business reports that over 40 percent of their members report contraction/cancellation of small business credit card line from major small business credit card issuers.

 

One market-based solution to the credit crunch is Lendingclub.com—a social lending network platform that arranges three-year fully amortizing loans from lender/investor members to borrower members. To learn more about Lendingclub and read Tobin Smith’s full article, sign up for a free one-year subscription to EQUITIES Magazine. To access the current issue of EQUITIES Magazine and more, click here.

 

About EQUITIES:

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.