In the financial world, a new method of lending has become very popular known as social lending or peer to peer (P2P) lending. In p2p lending, borrowers are matched with lenders. What is Peer to Peer Lending? P2P is a type of lending and borrowing between individuals, without the role of any conventional financial organization…
Finance is one of the fastening moving fields in the world. Businesses have to keep a close tap on where their money is. Also, they need to have a proper understanding of how they are using their money and how is it actually benefitting the business. Therefore, financial management is a key aspect of every…
An Innovative Finance ISA allows you to lend to businesses, individuals, or property owners. The limit for an IFISA is up to 20,000 every tax year. The lending is available on peer to peer lending platforms which allows you to lend directly. With time more and more people are becoming interested in investing in innovative…
The tax filing season often proves to be a stressful time for most people. Filers often find themselves stuck with intimidating situations and tax problems that are extremely difficult to resolve. Since the slightest of errors or compliance issues can severely impact your financial situation, you should most certainly take time out to research solutions…
The peer to peer industry is going strong as it has reached nearly £11 billion in the UK. With a lot of people looking for alternatives to make the most of their money and preferring p2p lending, we are going to compare the p2p market with other mainstream investment alternatives. Why Should You Choose Peer…
Peer-to-peer or P2P lending has become a popular means for investors to get the most out of their money. The popularity has grown in recent years as the rates of savings and bonds have become disappointing. With P2P platforms, investors provide unsecured loans to consumers. In turn, investors get an average annual return of 7,…
Financial aid is a great solution when finances hinder you from accomplishing your goals. For instance, for some college students, education is expensive. If such students receive financial aid, they are able to access education and realize their goals. So, most students request for financial aid and they are given. But, it isn’t a guarantee…
Starting a business is difficult but it becomes easier when you have access to funding. A lot of people want to leave their jobs and start their own. But they do not have enough funds to put in place their ‘robust’ business plans. The best option is to start a business on a lean budget,…
Marriage is more than just a socially and legally sanctioned union between people; it also entails a lot of rights and obligations, which make spouses inextricable in many senses. One of these aspects is the financial lives of the spouses. Your spouse’s credit score can influence your economic life, even if you keep your finances…
While “white-collar crimes” are not violent by nature, these crimes are still extremely serious because of the massive financial damage and ruin victims suffer from these crimes. Almost every American has heard of Bernie Madoff . He is currently serving a vast 150-year prison sentence. This sentence was given to him by a federal court…
