p2p lenders

Peer-to-Peer Lending as an Alternative to Bank Loans

Taking a loan in a bank can be tough. In order to get your loan approved your credit history and financial statements need to fit bank’s standards. And although most of the banks have common standards for debt approval (they vary insignificantly) there is still a probability that you won’t fit those and fail toContinue reading

Bad vs good

Good Loan vs Bad Loan – How to Discern?

Loan is a part of a person’s life nowadays. We take loans for education, purchases, business and other purposes. However, there are always good loans and bad loans. Let’s consider features of good loans: it improves your financial position; payments for debt interest correlate appropriately with your income. Now let’s consider features of bad debts:Continue reading