Wow – this is not only innovative but really pushes the envelope

From time to time I read a great article (defined by me to be innovative and creative) and feel the need to share it.  For those of you who are aware of Uber this article may be of interest to you.  For those of you who do not know of Uber you should know that they have been disrupting the taxi industry in a big way.  They built a platform for people who need a ride and for people who can provide the ride they need.  The cost is more than that of a taxi but the experience is apparently incomparable as the owners of the car get rated for the service they provide meaning you are able to get a “private driver” as you need it without paying the full time wage of a driver.  As a result of not only their popularity but also their expansion they are now looking at helping 100,000 entrepreneurs get onto their platform in countries around the world (see “Financing 100,000 Entrepreneurs“).

The one topic I address most often

If someone were to ask me “what is the one topic you have to answer or address most often” I would without hesitation say interest rates.  Borrowers are always very intent on knowing what interest rate they will get, the reasons behind why one bank or lender charges more than another in addition to telling me what interest rate they think they should pay without having a sense of how interest rates are determined or how their specific situation impacts the answer.  I could spend time explaining why this is a popular topic however I thought it would be more interesting to share an example of how a bank or lender would address the topic if they were perceived to have a higher