Are direct payroll loans to plan participants a better alternative than having employees dip into their 401(k) savings?
Kashable, a start-up online lender, thinks so.
Calling itself an "alternative consumer lender," Kashable offers loans to employees of participating employers that are backed by the company payroll system.
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Nick Thornton
Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.
