Category: Personal Loans
Personal Loans
Debt Consolidation: Is it a Good Deal?
by Kyle Burbank
Is your credit card debt continuing to haunt you? Ready to pay it off once and for all? Consolidating your debt could be the first big step toward achieving that goal. According to the Federal Reserve Bank of New York, U.S. consumer credit card debt totaled $800 billion in 2021 — and that was before the current crisis that has hit many Americans financially. Add in the fact that credit... Personal Loans
A Guide to Peer to Peer Lending Platforms for Borrowers and Investors
by Fioney Staff
Back in the late 90s and early 2000s, you may have heard the term “peer to peer” as it related to music sharing services like Napster. About a decade later the term gained new popularity in an entirely different field altogether: finance. More specifically, lending. Peer to peer (P2P) lending is a model that matches up borrowers in need of loans with investors willing to fund them. This system benefits...