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...
Let's face it: in today's society, credit is important. Whether you want to buy a car, get a new mobile phone plan, own a home, or even rent an apartment, your lack of credit could prove problematic. Making matters worse, establishing credit can be a bit of a Catch 22...
When it comes to taking out a loan, buying an insurance policy, or even getting a new rewards credit card, we all know that it pays to do your research and shop around. That said, the process of obtaining multiple quotes and looking for details on every offer can be...
Over the past few years one of the up-and-coming FinTech models is what's known as peer to peer (P2P). This term has been used to describe platforms like Lending Club that allow investors to contribute to fulfilling loan requests in return for a share of the interest earned on the...
While the average American has likely never heard of the term "FinTech" they may at least be familiar with some of the field's applications. Thanks to highly publicized campaigns on crowdfunding sites like Kickstarter and Indiegogo the idea of raising funds on the internet no longer seems that strange. Still...