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Interest rates are typically higher than on mainstream forms of borrowing.
Certainly the credit crunch that started last year has made a lot more people interested in new forms of borrowing.
Is it any surprise that people reach for their credit cards, payday loans or other forms of borrowing to pay the bills?
It's also true that an interest rate of up to 3% above inflation is modest compared with other forms of borrowing.
Sanders's bill would bar financial institutions from holding assets, derivatives and other forms of borrowing worth more than 3percentt of the entire U.S. economy.
Students and their families are also relying on other forms of borrowing to pay college costs, including private loans and credit cards.
Similar(34)
Options, which arose in the 1970's, are a form of borrowing.
But Mr. Cox said Republicans were willing to consider some form of borrowing.
Even the search for a safer form of borrowing entails dangers.
Private loans, those not guaranteed by the federal government, continued to be the fastest-growing form of borrowing, totaling more than $17 billion in the 2006-7 academic year.
Private loans, those not guaranteed by the federal government, continued to be the fastest growing form of borrowing, totaling more than $17 billion in the 2006-07 academic year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com