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Tom BurnsideJuan TavaresAccess to money fuels an economy, but these last few years it seems everyone has been on the losing end.

Dramatic increases in regulation caused traditional financial institutions to pretty much shut off the credit spigot. The crisis correction sought by regulators put in motion a cascade of aftershocks that have swung the market from side to side. In 2008, liquidity tests made banks recoil and tighten lending. Consequently, market lenders emerged to meet consumers’ demand for money (i.e., payday loans and peer-to-peer solutions).

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