Blog

Tag : Collateral Loans

Comments Off on Collateral Loans on Art Gain Popularity in a Struggling Economy with a Booming Art Market
Posted in: Fine Art

The art world is experiencing a boom right now with prices higher than ever.  According to the New York Times, art sales at galleries and auction houses in New York alone have reached an estimated $8 billion a year. Modern contemporary art is especially popular and the wealthy are paying what some feel are ridiculous […]

1
Posted in: Collateral Loan

  The 2007 financial crisis, which led to the weakening of global economies and the loss of 8 million jobs in 2008 and 2009 in the United States, tightened the availability of credit for consumers and small businesses. Since the crisis, the unemployment rate in the United States has remained stubbornly high and the economic […]