Archive for the 'Personal Loans' Category
Compounding Interest vs. Simple Interest
June 13th, 2007If you’ve never heard of compounding or simple interest, you should take a minute to read this post. For those who have credit cards, take time to understand what the credit card companies are charging you on a monthly basis.
Compounding interest is interest that can be added to your principal balance. The interest that is added […]
How a Cash Advance Can Help Your Credit
April 23rd, 2007Many people are unaware of how helpful cash advances, or payday loans, can be to your credit. At first glance you wouldn’t realize this. You may even be thinking that a cash advance doesn’t have anything to do with your credit, but that’s exactly the point.
There are many situations in life that may occur and may […]
A Humanitarian Loan Company?
January 11th, 2007I was browsing the web the other night, and I came across a site that caught my attention. It’s an organization called Kiva.org. It’s based on a peer-to-peer lending platform like Prosper.com, but with a major difference. Instead of lending money to other Americans, Kiva lets you lend money to individuals in developing countries. This gives […]
Beware: Sites that Sell Lists of Bad Credit Lenders
August 17th, 2006You see it all over the internet: Sites that claim to give you access to a large list of bad credit lenders. For a fee ($9.99 to $49.99), they’ll not only give you access to these so-called “hard to find” lenders, but also throw in some extra bonuses to entice you. If you ever come across these sites, my advice […]
Prosper.com : People-to-People Lending
July 27th, 2006I recently came across a site called Prosper.com. Prosper is a new way of borrowing and lending money on the internet. Their platform allows you to borrow or lend money to other people. Yes, real people like you and me. This was somewhat of a break-through in my opinion. This is something that we’ve never […]
