Heard on the Street: all-time high FICO scores, using DAFs to fund entrepreneurs, and why Hispanic Heritage Month may need a rebrand

By September 16, 2019 Heard on the Street

Heard on the Street – here’s what we were reading last week:

Reasons 2019 Might Be The Best Year Ever To Get A Small Business Loan: We may never see capital flow more freely to small business owners than we do today. Approval rates for small business loan applications rose to another post-recession record at big banks, and regional and community bank approvals are also up.

Average FICO score hits all-time high: For the first time, the average national credit score has reached 706, according to FICO, the developer of one of the most commonly used scores by lenders.

Using Donor-Advised Funds to Invest in Early-Stage Entrepreneurs: Why and how donors should use donor-advised funds to invest in innovation toward achieving the UN Sustainable Development Goals.

Does Hispanic heritage Month Need a Rebrand?:  National Hispanic Heritage Month has been around since 1988, and it was viewed as a step toward visibility, named after the new shared label, Hispanic, that had come into use to refer to Spanish and Latin American descendants living in the US. But fast forward to 2019, and Hispanic Heritage Month seems to have lost its sheen.