When a lender gets an investment from someone besides the government, people take notice. Today it was announced that LendingClub is getting $12 million in venture capital money to help it keep growing. That’s big news when traditional financial institutions are taking billions just to stay in business.
Just how safe is your identity? Identity theft is all over the news, but I wanted to learn a little more about how prevalent this crime actually was, so I did a little research and came up with some stats to make it seem a little more real, and it wasn’t exactly encouraging.
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Your identity may be for sale to the highest bidder. The fact is, not all people who are out to pilfer your data are planning on using it themselves. Often people make a career of stealing ids make their living selling that data to others, rather than going through the process of converting that data directly into cash.
The bad economic news is everywhere. The Washington Post says “Economic Signs Turn From Grim To Worse” and CNN Money proclaims this the “Sharpest decline in 26 years.” Sure, times are tough, but I wanted to end the week with some resources to help us cope in hard times.
The global credit crunch may mean an opportunity for new lending strategies, such as peer to peer lending. Banks are facing huge losses and the lack of transparency has made it hard for banks to lend between each other, opening the door for a newer, more direct type of lending, known as peer to peer [...]
With the economic downturn, people have turned to pawn shops in an attempt to get some cash. In an attempt to get some extra cash, people are pawning items for quick money.
Who’s in your wallet? It might be more than a some dead presidents and a few bank logos. Identity theives have gotten rather creative when it come to getting your information, so I thought I’d outline some of the ways they do their dirty deeds so we can defend against them.
What better way to start off the new year than by taking care of some personal finance matters? OK, that might not sound like the most exciting thing in the world, but by summer, you’ll be more likely to spend a worry free vacation knowing you’ve handled a few of the basic issues back in January.
I’ve compiled [...]
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