Since 2005, when the first peer to peer company opened for business, there has only been an ever increasing interest in the model, spawning peer to peer online lending platforms all over the globe. And what with the start-ups now, the number is going to go up exponentially. But the general interest in the model… Continue reading How to Get High Returns with Peer to Peer Lending?
Unlike the traditional bank and private lending institution loans, the recently popular peer to peer lending portals are funded directly by the investors. Investing the idle funds in peer to peer lending india is a smart decision because it earns a higher yield than a bank deposit fund. Remember, it is not a get-rich-quick system,… Continue reading How P2P Lending benefits both Lenders and Borrowers?
Being categorized under the unsecured loan, the personal loans offered by the banks and other non-banking institutions like peer-to-peer lending solutions online come with a higher rate of interest than the vehicle loans, auto loans, and home loans. In general, the personal loan interest rate may range from 13% to 24% p.a. However, the PL… Continue reading How are Personal Loan Interest Rates calculated?
Starting a new business or building funds for the existing one is not easy, especially in this stagnant economic situation. If the investment is meager, we need to rely on the timely payment from the customers and it may not be always possible. Further, the expenses on the equipment, location, machinery, inventory, communication, travel and… Continue reading Business Loans from Private Money Lenders
Without the need to go to a bank, one can borrow money from the P2P companies like Monexo. Loans can be borrowed for any reason, including education fees, medical bills, dental bills, tax payments, business start up or expansion, home improvement, automobile purchase, consumer goods purchase, vacation, wedding expenses, paying off the credit card loans… Continue reading Advantage of P2P lending than lending from a micro-finance