Alternative Lending (Opposing Viewpoints)

ISBN 10: 0737747536 ISBN 13: 9780737747539

Publisher: Greenhaven Press, 2010

Synopsis

This volume explores how alternative lending compares to traditional lending, the relative risks of both, and if traditional lending should be made more accessible. A series of essays are arranged in a pro versus con debate across four compelling chapters. Discussions look at the benefits and costs of payday lending and peer-to-peer lending is an effective alternative, as well as the potential and limitations of global microlending for bringing borrowers out of poverty. Essay sources include William J. Clinton, Arnold Schwarzenegger, Susan F. Feiner, Drucilla K. Barker, The Economist, and the Center for Responsible Lending.

About this title

From the Back Cover

Explores how alternative lending compares to traditional lending, if it has more inherent risks, and if traditional lending should be made more accessible. Examines whether the practice of payday lending benefits or exploits borrowers, and assesses peer-to-peer lending as an effective alternative. Also looks at global microlending as an empowerment tool for the poor, and its limitations for bringing borrowers out of poverty.

Edition details

• Publisher: Greenhaven Press
• Publication date: 2010
• Language: English
• ISBN 10: 0737747536
• ISBN 13: 9780737747539
• Binding: Library Binding
• Number of pages: 208
• Editor: Hiber Amanda