Archive for the 'Credit' Category

How to establish credit using credit cards

Getting a credit card early is a good idea but only once you understand how a credit card works. Companies often offer to open accounts for college students even if they are without assets, in the hope of reaching customers early. Young people buy impulsively and end up paying the most interest. This is good […]

What is Person to Person Lending?

In short, individual lenders pool their money together and make loans to borrowers.
Prosper.com is leading the way in peer-to-peer lending sites.. It’s the Ebay of Lending.
Does this sound a little like a bank?. Well, Prosper is a bank. But with a big difference.
Prosper puts the lender (investor) and the borrower (customer) in direct […]

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