The moment for digital banking has arrived. Changes in consumer needs brought by the COVID-19 pandemic, as well as other factors, are rapidly transforming the banking industry from traditional teller-based branch banking toward a digital banking model. Internet-based banking has been an option since the 1990s, but the COVID-19 lockdowns of 2020 have hastened the…
The Innovative ISA increases the ways through which you can use your savings tax-free. Through IFISA, you get the opportunity to handle your savings in different ways, which stocks and shares ISA or cash ISA doesn’t; however, the risk of losing your investment is higher. All the ISAs pay interest 100% tax-free. However, there is…
Undeniably, the Wolf of Wall Street portrayed Jordan Belfort as a wild famed investor, rightfully so. However, investors around the world can learn a thing or two from this former Wall Street goliath. If you are like most people, then you struggle with investing or you do not know how to start. In this article,…
What Is an Innovative Finance ISA? Peer to peer (p2p) lending has been around for a long time; however, as the tax-free service for investing in it just arrived three years ago. None of the major peer to peer lenders in the market offered IFISA when it was first launched. But, now, three of the biggest…
Often students and their parents get caught up in the whirlwind of excitement and prospects for the future when it’s time to figure out what their college situation will look like. It certainly is exciting, and there’s no downplaying that. It’s the cumulation of years of hard work and dedication, getting into a good school,…
The way people borrow and invest their money is changing. In the past, if anyone wanted a loan for a car or to pay off a credit card debt, they had to go to the bank or a credit union. This meant that they had to sit with a loan officer and wait for them…
Ambition and grit are critical entrepreneurial traits that help overcome the challenges faced during business startup and expansion. However, these traits alone do not ensure spontaneous cashflow that can stimulate the business. Entrepreneurs need some help, especially when starting their ventures, at least for the initial financing for raising business capital to get a new…
An Individual Savings Account (ISA) is a savings account. With ISA, you never have to pay tax on savings. There is a limit on the amount that you can invest or save in an ISA each year, called annual ISA allowance. The allowance for the year 2020 is £20,000. An ISA is like a protective…
Small businesses are suffering right now, thanks to the current economic crisis and recession. If you’re in the position of leading a company through the recession, then you might be feeling worried about whether or not your business can survive. Unfortunately, there will be some casualties in the small business world. Not all companies will…
Bridging loan is a type of short-term loan. Essentially, it is a temporary loan that can help you get from A to B, until you can secure a permanent finance solution or you can clear the full loan. Hence, the ‘bridge’ idea, this type of finance can get you from one step to another. Fast…
