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Tag Archives: creditworthy

For developing countries’ entrepreneurs, a quiz for creditworthiness

Jay MacDonald

In developing countries where cash remains king and credit ratings are rare, lenders are leery to loan to first-timers (i.e., most small businesses), leaving entrepreneurs with few options to grow their microenterprises.
Until now. MasterCard has partnered with the Harvard-spawned Entrepreneurial Finance Lab (EFL) to break through this impediment to global progress with a psychometric loan test designed to weed out the risky borrowers from the worthy.
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Fed studies romance, credit; finds couples that pay together, stay together

Jay MacDonald

If you’re inclined to accept dating advice from the Federal Reserve Board — and I know you are — its steamy new study, "Household Formation, Credit, and Trustworthiness" reads like "Fifty Shades of Gray" for the gray flannel set.

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