article thumbnail

Minority Entrepreneurs Still Face Discrimination When Seeking Finance

The Horizons Tracker

Equipped with business profiles that exceeded the criteria for loan qualification, the Black testers were furnished with even stronger profiles (including higher business income, longer operational history, greater funds in their accounts, and superior credit scores).

article thumbnail

How Politics Affects Peer-To-Peer Lending

The Horizons Tracker

The attractiveness of an individual’s loan request to potential investors typically hinges on factors such as a favorable credit score and a reasonable loan proposal. Ideological lending This intriguing question formed the basis of a study by the Georgia Institute of Technology.

Politics 119
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Common Financial Mistakes Small Businesses Make and How to Avoid Them

Strategy Driven

These influences can have a solid impact on the working of your business as consumer spending habits change, and the cost of commodities increases or decreases depending on market conditions. These emergency loans are quick in nature and tailored specifically for individuals who are on a low credit score.

Finance 104
article thumbnail

Yes, Your Uber Driver Is Judging You

Harvard Business Review

It created all this anxiety among users, but they didn’t know how to influence the score, what behaviors were being measured. Let the customers know what their scores are, and train employees on how to use the rating system. Is there a technological fix as well? She found out she’s a 4.8.

Hotels 8
article thumbnail

How CMOs and CROs Can Be Allies

Harvard Business Review

That has coincided with marketing’s increased influence on strategy, driven by the unprecedented level of insights into customer behavior and trends that are now possible through analytics. CROs are deeply familiar with the troves of risk data, such as payment habits and internal credit scores, that their companies keep.