This is a Guest Post By Betsy Falwell
Maybe you just lost your job. Perhaps you just had a baby. Or,maybe you’re planning your wedding. No matter the reason, any time your lifestyle changes is an opportunity to evaluate your home loan, to help you reduce your expenses and maximize the money in your...
It’s no secret that peer-to-peer (P2P) lending is one of the hottest movements in online investing today. However, many people are afraid to jump in because they believe that it’s, well, a scam. People are fearful of new things, especially when it comes to their money.
However, P2P lending...
Peer-to-peer (P2P) lending is something I’ve been writing about for quite a while now. I maintain that it’s a fantastic new way to bypass the banks and less-than-desirable investment vehicles in favor of a platform over which you have complete control.
Quite a few people are concerned with the medium,...
Peer-to-peer (P2P) lending is definitely the most creative of the investing models, and I’ve recently become a huge fan of the movement. There are quite a few reasons to love P2P, and I’m going to break down my top five right here in this post.
#1 – You Can Cut Out the Middleman
P2P lending companies...
It’s interesting to me that so many people are afraid of P2P lending platforms, yet they’re more than willing sign up for – and max out – credit cards. Credit cards that are fleecing America. I think the fear stems from many factors, but the biggest issue is that p2p lending is relatively new...
I’ve written quite a bit about the merits of Lending Club in the past because I love the idea of peer-to-peer (P2P) lending. However, I’m skeptical and scared to invest in anything but the most reputable of P2P lending platforms online. The two big dogs in the industry are Prosper and Lending...
Peer-to-peer (P2P) lending has been getting an awful lot of attention these days. The big two P2P lenders in the US are Prosper and Lending Club, respectively. Here’s how it works. Borrowers post a public request for a loan and lenders pitch in to fund it. Once the loan is fully funded, the proceeds...
If you are in the housing market, choosing what home to buy is not your only big decision. You will also have to think carefully about the type of mortgage you will take out. While most people think of the two most popular types of mortgages, fixed rate and adjustable, there are other types of mortgages...
Robert and Carrie were on the verge of fulfilling a ten year goal of buying their first home. Prior to meeting with a lender, they did their homework, gathered their documents, and ordered their credit reports. They were confused when the scores from each of the three credit bureaus differed so much....
Home prices are still falling. A new report on home prices, that just came out this week, indicates that the more those prices fall, the more American home owners fall into negative equity. It means that those home owners are unable to sell their property for enough to pay their real estate agent and...
Prosper is a peer-to-peer lending service that can be attractive to both borrowers and lenders. Started in 2006, Prosper.com is currently the largest peer-to-peer lending service with over 1 million members and 262,000,000 in funded loans. Prosper offers borrowers loan rates as low as 6.59% depending...
In an era of non-stop negative news circling and pertaining to the economy, there is at least one very positive light shining through. And that light is the noted recent trend of the American consumer, quickly paying off their credit card debt, a sensitive topic in the past.
The renowned credit bureau...
The offset mortgage idea is really quite simple. Borrowers cash savings are set against their mortgage debt, so they pay interest only on the balance. But monthly mortgage repayments are calculated on the full debt, before offsetting is taken into account. So borrowers effectively overpay on their debt...
PSUs are planning to attract customers by offering them loans at a cheaper interest rate.
In order to increase the customer in their loan registers banks are planning to woo individuals with cheaper loans even as interest rates are on the rise.
Considering Ganesh Chaturti and Diwali round the corner...
