Social Lending

Social Lending for Borrowers

If you are looking to borrow money then you may be unsure as tow here to turn. Although banks are supposed to be lending more freely, it is still quite difficult to get money form them these days, especially if you have a bad credit rating or no collateral. The interest rates are sometimes quite […]

Social Lending

Social Lending as an Investment

Many people are looking for new places to invest at the moment. With interest rates being so low on savings accounts, the stock market being unreliable and the buy to let market outsupplying demand, many people are turning to other means to get a better return for their money. One way of getting a better […]

Social Lending

What is Social Lending?

Social lending is a type of borrowing, quite different to the normal loans and credit cards offered by financial institutions. Although it does involve a loan, it is not monitored by a traditional financial institution. It sounds like it could be a loan from someone you know and in a sense it is similar to […]

Social Lending

Social Lending and Spread Betting Go Hand in Hand

Three cheers for investing! It’s strange to talk about investing when it comes to social lending, but isn’t that the whole point? Instead of banks investing in the dreams of people — which is something that doesn’t get done nearly as much as we would like — you’re actually getting to see people help everyday […]

Social Lending

What to Do If Your First Loan Proposal Is Rejected

If you’ve already signed up for a social lending portal and submitted your first loan as a borrower, then congratulations! You’re embarking on a journey that’s partially about money, and partially about the community that we all share. You’re asking regular everyday people to invest in your dream, and that can be a pretty emotional […]