Have you ever wondered why are banks chasing us with flashy credit card offers that come with free membership and mouth-watering free gifts? Here is the simple answer, there is a lot of profit to be made. American Express, the largest integrated card service provider, clocked $4.4 billion of average
Investing in gold has been traditional habit of most Indian households and they still continue to invest in gold. In a country obsessed with the yellow metal, some investors continue to prefer it to more globally accepted asset classes. It’s been tradition to buy gold jewellery on occasions such as
Latest drop in bitcoin prices have left many high and dry. While some are saying it is a buying opportunity, others have turned cautious. Many pundits have been predicting its demise for a long time and may be feeling vindicated. Yet there are several industry stalwarts who continue to invest.
Invest in P2P Lending Peer-to-peer (P2P) lending is an age-old concept, but it has recently gained quite a reputation as a formal way of building an investment portfolio. Investors all across the globe are beginning to consider P2P Lending as a must approach opportunity for high and safe returns. Running through its multiple advantages, here
A credit score is a measure of your reputation – your reputation as a borrower, that is. It is the numerical value that measures your creditworthiness. It indicates How you handle your finances, Your ability to pay off a debt, And your payment behavior. Lenders use this information to determine
What 2018 holds for P2P Lending in India To a certain extent, a country’s economy is defined by the way its people borrow and lend. Before the inception of the banking system, people borrowed money from each other, relatives, landlords or those who had extra cash to spare. Especially in
A closer look at what changed for the P2P Lending industry in 2017 With technological innovations and changing dynamics of lending business, the new business model of Peer-to-Peer (P2P) Lending emerged. The essential model based on peer-to-peer trust, connects borrowers and lenders directly; eliminating the need to go to banks
If you’ve been following our previous posts, you might have a fair idea about P2P Lending in India. P2P lending is not only a way of getting a loan easily, but it also an efficient mode of investment. Let’s get to know more about P2P lending, especially within the Indian
With P2P lending revolutionizing the financing sector in India, sanctioning loans is not just the bank’s job anymore. As more people move towards online borrowing and lending, the Reserve Bank of India (RBI) has regulated the functioning of P2P Lending NBFC. The main features of these include the registration, adequate
Salary and savings have a fairy tale better than any. Their mutual dependence is understood by all. Yet, many fall short of actually getting into the habit of saving regularly. Bigger the salary bigger the savings, smaller the salary–well, it should still be a big saving! It is that free