Lending Club recently announced the launch of a new type of credit: auto loans. This is great news,… except for the individual Peer Lending investor, who remains without access to this investment opportunity. Again. Perhaps this change was inevitable, as technology originally designed to serve the individual investor has evolved to deal with its own success. Peer-to-Peer as an impetus…
*Note: This Infographic is intended for informational purposes only. Your specific situation may differ.
To ensure proper tax treatment be sure to consult your tax professional for advice.
The idea of lending money to people you don’t know, without any kind of guarantee, may seem stupid at first. But ‘Peer-to-Peer lending’ (as it was originally called) does work for investors.
Upon searching for family lending, you will find implementation advice. It is apparent that many individuals struggle with the prospect of lending to family or friends.
In the United States, citizens vote for individuals that they would like to lead and represent them as a nation.