The FinTech revolution – Skip to Content For the past few years, South Africa has been seeing the rise of FinTech firsthand. With the introduction of P2P platforms like RainFin and the Barclays innovation platform, Rise, there are more opportunities than ever to be a part of the FinTech revolution. And the numbers reflect the success story of this emerging…
The credit situation in United States is going through a difficult time as over 80% of the population can’t even afford to apply for one. Most people don’t own their own land and this cuts the way to a good credit because they don’t have anything to offer as collaterals. According to a recent study, over 90% of the wealth of…
Peer to peer lending (P2P lending), also known as social lending, is the name given to a loan transaction where there is no bank or financial institution involved. Instead, the lender is an investor looking to make a return on their investment (the loan) and the borrower is borrowing money from the investor directly. These peer-to-peer loans are facilitated by…
Debt Consolidation is a way of paying all your debts with one new loan. You may have too many debts to pay each month, some at very high interest rates. If you qualify for Debt Consolidation you will be able to borrow a certain amount of money at a lower interest rate and pay off all or most of your…
Students – How you can get your foot on the ladder – Skip to Content Students studying at tertiary institutions need money to pay for fees, books, laptops and other necessary equipment. This can amount to a very large sum over the number of years required to graduate. How would a student have this money available if they have never…
The largest amount of money you will probably ever borrow during your lifetime is usually for your first home. Home loans or mortgage bonds as they are also known, are available through various sources. Most of the major commercial banks offer home loans to qualifying clients. If you have a bank account with one of the big banks, it may…
Anyone can run short of money for various reasons. The Americans economy, like many other economies across the world, is going through a difficult period, and people are finding it very hard to pay their bills. This affects different people in different ways. You may for example need to repair your car or buy new tyres. You may need to…
You need to buy a vehicle but you can’t afford a new one and you decide to buy a used car instead. The used car may come from a private seller or from a dealer who perhaps can’t help you with finance. If you don’t have the cash, how can you do it? Most dealers are not able to finance…
The apartheid brought dark times over South Africa and most of its people, but the saddest part is that, even now, two decades after it was declared over, people are still suffering. The limitations and the racial segregation featured during the apartheid are still present in United Statesn societies and the high level of corruption in the political world is…
The credit report is, as the name says, a document that shows your credit history. This can be used to apply for loans, but you can (and it is recommended to) do a checkup from time to time to learn more about your current financial status. However, whereas you’re an entrepreneur looking to get more financing for their business, or…