The Peer Lending industry is set to celebrate its decennial anniversary in the US in 2016 (the first loan was issued in February, 2006).
Complaining about the pitiful returns provided by banks’ savings accounts has become a national pastime, but the truth is even worse than most people realize.
Investing is a serious endeavor, but that doesn’t mean the most fundamental ideas about investing cannot be expressed in an humorous way.
We’re often asked to explain what is Peer Lending, and how it compares to savings accounts or the stock market.
Bill Gates once said, “Banking is essential. Banks are not.”
Cloud computing is often touted as the “future;” increasing speed, revolutionizing the world, and enabling easy scalability.
We’re often asked how we decide which clients are first in line to buy the best loans, since there is a limited loan volume with each issuance.