Posted by kentemad on in P2P Lending

Are you in dire need of urgent capital to embark on a highly promising business endeavor, but all traditional banks and even the leading peer-to-peer lending sites are not willing to offer you a loan because of your bad credit score?

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Cryptocurrency, or electronic Currency, is the invention of the Internet. Fundamentally, someone in there believed, hey, what if we could create a system where money isn't bound by geography, like the World Wide Web.

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Posted by kentemad on in Impact Investing

There has been a long existing, alleged trade-off between return on investment and allocation of financial capital towards positive environmental and/or social impact. Investing doesn't need to be so one sided. The world witnesses do investors that are good, pursuing a strategy called Impact investing today.

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The financial crisis has had at least one interesting side effect: the rise of alternative and increasingly creative forms of investments. Peer to peer lending, also known as peer to peer loans or P2P for short. It is a new method of credit transaction in which the lenders (creditors) directly lend money to the borrowers (debtors) without the intervention of banks or other traditional financial institutions.

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Posted by kentemad on in P2P Lending

More and more consumers want to cut out Banks and credit card companies and lend directly to each other. P2P Lending is one form of crowd financing and investment used to finance loans that are repaid with interest.

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Posted by sedgerhy10 on in P2P Lending

Peer-to-peer lending, sometimes abbreviated to P2P lending, is the practice of lending money between individuals. The act of lending from one individual to another has existed for many years, and often done through informal agreements.

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Omaraha is Estonia's second largest lending portal where the lenders are private investors. This ensures more favorable interest rates and lowers costs compared to conventional banking or payday loans. Flexibility is guaranteed and the borrowing process is relatively quick.

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Posted by canythould43 on in P2P Lending

P2P Lending, also known as peer to peer lending or crowdlending is the new practice of giving money to businesses or individuals on the understanding that it will be repaid back.

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P2P lending which is also known as peer to peer lending is a type of passive investment that involves a group of investors coming together with the aim of helping the borrower raise some cash for a fee, usually their return for lending. P2P lending emerged over a decade ago and has grown by leaps and bounds since then. During its first years, the lending was 100% fractional but by the year 2013, it evolved by encompassing 'whole lending' into the fold

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Posted by canythould43 on in Personal Finance

Too many people don't put away enough money for their retirement or unexpected expenditures. Planning ahead will give you peace of mind and ultimately lead to a better quality of life. There are two common traps people fall into when it comes to saving and investing. The first is that we say we can't afford to save money - "I hardly get by on what I earn". The second is that people think there's always plenty of time before they need to start planning their financial future.

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Posted by runted on in P2P Lending

When looking for a loan, most p2p sites are ready to offer this almost immediately, peer to peer lending sites has proven to be the best place where you can be able to take credit and loans to serve your purpose. P2P loans are loans that are offered online and can go up to 35000 euros. The best sites that provide p2p lending in Europe include Mintos, Twino in Europe and Zopa in the UK. These loans are offered almost immediately and without the intermediation of a bank.

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Posted by canythould43 on in Bitcoin & The Blockchain

Bitcoin, an open source P2P currency, has had a checkered history since its inception in October 2008. Defined as a digital currency that facilitates the transfer of funds independently of central banking systems, Bitcoin is the world’s first cryptocurrency. Unlike traditional currency, Bitcoin isn’t minted by a bank or financial institution— it’s created digitally via a mathematical formula. Bitcoin investment over the eight years since its release as a currency and payment system, especially Bitcoin investment, has created a large amount of controversy with both the international banking system and governments worldwide.

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Posted by himeed49 on in Bitcoin & The Blockchain

Bitcoin mining is a term used to describe the process of adding information to the Bitcoin ledger. Sets of information for a particular time period, known as blocks are verified using a mathematical formula. Miners who succeed in solving the mathematical formula, add the block to the block chain - this is the collection of blocks that record every bitcoin transaction from its inception. Miners are rewarded for their efforts with a bonus. The bonus paid to a successful miner is 25 bitcoins, however since there is a finite amount of bitcoins that can be created (21 million), this bonus will decrease as the network grows. Miners are also paid the fees charged for the transactions contained in the block that they add to the chain.

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Posted by himeed49 on in Bitcoin & The Blockchain

The innovation that made virtual currencies possible was the formulation of the blockchain principle. The idea behind a secure chain of blocks containing data sets was first suggested in 1996. However, it was only in 2008 when Satoshi Nakamoto conceptualized blockchain that the idea became a reality. This development is what made Bitcoin possible.

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Posted by himeed49 on in Bitcoin & The Blockchain

Since the introduction of currency as means of trade thousands of years ago, one principle remains the same. Any traditional form of currency is based on a promise. When central banks came into existence in 1600's the promise by the bank was to hold a predetermined amount of gold or silver for every coin or banknote issued. This means that a banknote or coin constitutes a promise to pay the barer in gold or silver to the value of the coin or bank note. Over time currencies have become more complex, particularly in countries using the FIAT system which is based on the trading value of currency, known as a floating currency. However the principle remains the same - all currency issued by central banks relies on a promise. This requires the user to trust the system.

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