Banks Are Now Handing Out Loans to People They’d Normally Shun

http://feeds.wired.com/c/35185/f/661370/s/428221c9/sc/36/l/0L0Swired0N0C20A150C0A10Cbanks0Ehanding0Eloans0Epeople0Enormally0Eshun0C/story01.htm

Before Jeff Stewart could credibly advance the notion that your Facebook friend network could—or even should—help you get a loan, he had to prove the system worked and was reliable. It took a long time. I first met him in 2012, a year after he’d launched Lenddo, pitching it as a new way for people…