How can the lending industry be disrupted?

Back in the 1990's U.K., the Alliance and Leicester Building Society sold itself off. It became a publicly traded company seeking profit for its shareholders.

It was one of many mutuals that did the same. A mutual is like a credit union but mostly about providing mortgage lending, the thing is that the organization, the Building Society, is owned by its members.

True disruption, might come from reversing that trend. Why borrow from someone who wants to profit from you, when you can borrow from someone who will share the profit with you?

Co-operatives, Credit Unions, Mutual Building Societies, ought to be thriving in the online and social media environment. I'd be interested to hear about any, because I bet there are some innovative ideas out there.

Building society - Wikipedia


Undercutting the interest rates is an obvious first step - but a risky one. Most players in the industry, be they mainstream banks, credit unions, "payday loan" usurers, or peer-to-peer things like LendingClub or Prosper, have a pretty good actuarial idea of how much risk they have, and set their interest rates accordingly.

I think there would be some value to something that from the outside looked like a "payday loan" place, but leveraged peer-to-peer lending and required its customers to undergo some basic financial management education - thus lowering its risk and enabling it to offer rates a percent or two lower than the "payday loan" places.


Why are X-Men and Deadpool not in Marvel's Cinematic Universe? Aren't they Marvel characters?

The way Marvel works is very complicated for average Marvel viewers. Obviously there have been 44 Marvel films, but some have crossed over with each other, some haven't. Some appear to acknowledge the existance of other films, whilst some stay strict to their lane. Well, this is how to look at Marvel films:

Do actresses really get married in movies?

A2A.Do you mean to ask marrying for the time they shoot the movie or work together and then move on. Or marrying as in normal people do? In first case, half of their time will be wasted in,1) meeting the parents 2) visiting registrars offices to get married 3) wedding

Must we help our parents?

You don't have to do anything. However, it is in your best interest to help your parents, as they gave you life and helped you to become who you are. Your parents supported you for at least eighteen years. So, it