I did a post about peer-to-peer micro-lending a while back: “Here is your chance to access affordable and flexible credit“. That program is offered by Virgin Money. What is Kiva? Kiva is the world’s first online lending platform connecting online lenders to entrepreneurs across the globe. Originally Kiva started linking folks with screened “micro-preneurs” in … Continue Reading »
The U.S. economy is seeing, some experts suggest, a rebound in general. But still, many folks who have lost jobs over the last year are still looking. Some have been out of work for more than a year. It’s hard to cope with all the everyday expenses for average Americans. But the economy is not … Continue Reading »
Credit-card issuers give you grace period to pay your bill. This period starts from the time when you buy something to when you have to pay your credit-card bill and amounts to an interest-free loan, as long as you pay off the balance in full by the due date. Here’s a way to stretch those … Continue Reading »
Banks have tightened their grip on borrowing money for mortgages, small businesses, canceling home equity loans and cutting borrowing limits on credit cards. Traditionally, folks also borrowed from family and friends even though at a smaller rate. Time may be just right to take a different direction. Borrowing from relatives is as old as the … Continue Reading »
An economics professor coined the term “mancession” in the spring of 2009. It describes the growing gap between male and female unemployment. The male unemployment is higher than that of female by 2.5%. Economists think it’s the largest gap since World War II, and they blame it on the huge layoffs in manufacturing and construction, … Continue Reading »
