Why You Should Invest in a Lending Business
If you are interested in making extra cash by borrowing out some of your excess funds to individuals, then you consider investing in a lending business
How to Sell Your Loan Products
In our posts on getting your lending business up and running, we mentioned that the next step after creating your loan products was to invite borrowers to view and apply for them. In this post, we will be talking a bit about that process, which is really all about “selling” your loan products.
Wonder what types of loans exist? We’ve broken them down for you
As a new lender, the most important information you will seek to find out is knowing what types of loans exists and what loans you can offer.
Five Reasons Why You Should Embrace the “Sharing Economy” Today
The phrase “sharing economy” is an umbrella term coined to describe social and economic activity of the new age.
Why Credit Scoring is Important to Lending
A big determinant in whether you decide to lend a borrower money or not is the confidence you have in the borrower’s ability and willingness to pay you back your money. We have mentioned before that their ability and willingness to return your money are two very different things. Just because someone has the means to pay their debts doesn’t mean […]
The Know-how of Financial Lending
From understanding basic financial concepts, that allows individuals to make informed financial decisions. We help you understand financial lending that teaches you how to navigate lending.
How to assess the risks to a loan application
Assessing/evaluating a loan application is all about weighing the risk to your money. The more you can reduce or eliminate that risk, the better. It all boils down to your confidence in the applicant’s credit worthiness. Assessing a loan application is the process by which you determine if an applicant qualifies for your loan, and […]
