Wednesday, January 14, 2015

Community lending circles go mainstream - Business - The Boston Globe

Community lending circles go mainstream - Business - The Boston Globe: "Now, nonprofits in Massachusetts and across the country are trying to bring these lending groups into the mainstream, formalizing these networks to provide low- and moderate-income families a gateway to traditional financial services. Their aim is to help people develop or repair credit histories and build financial identities that allow them to borrow from banks and credit unions without paying exorbitant interest rates."



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