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.
Between the bank bailout, the auto industry bailout and the stimulus plan, the US government has throw almost one and a half trillion dollars into the economy. Here’s why it doesn’t matter in the long run.
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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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.
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 [...]
Identity theft is still around. Of course, it always has been, but sometimes it takes a story to bring things back into the spotlight.
Note: I first wrote this article in 2006. It’s interesting to see what’s happened in the mean time. The much-hyped exotic loans have caused a collapse in the credit industry. Here’s an update to what I wrote back then. It’s sad to see how things have ended up slightly worse than what I predicted. Here’s the [...]
I’m talking about plastic money – credit cards. A new twist on this is the use of debit cards in games. Of course, marketers and game makers are always looking for ways to mix advertising into a game. Just look at the multiple editions of Monopoly that exist, such as university branded games. But is [...]
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