Author: Bea Reva
Best investment platforms for beginners
- Bea Reva
- beginner
- Investing
- peer-to-peer
When it comes to investment for beginners, one of the biggest concerns is picking the right source of investment. The core definition of investing entails trading money for higher returns in the future, but, conventionally speaking, we often use the term to refer to the stock market and investment tools like bonds, stocks, and mutual […]
Read More4 things you must know about peer-to-peer lending
- Bea Reva
- Lending
A popular alternative to traditional loans, peer-to-peer lending involves applying for a loan on an online platform. The loans are unsecured, i.e., no collateral is required, and they are financed by one or more investors or peers. Also known as P2P lending, this type of lending process was first started in 2005 by Zopa, a […]
Read MoreThe pros and cons of peer-to-peer lending
- Bea Reva
- Lending
Peer-to-peer lending or P2P lending is an innovative financing method allowing lenders and borrowers to come together on one platform. But what are the pros and cons of this type of financing? Whom does P2P lending benefit? Peer-to-peer lending is beneficial to all those involved in the process. It is beneficial for the borrowers as […]
Read More5 benefits of peer-to-peer lending
- Bea Reva
- Lending
Using peer-to-peer lending, borrowers and lenders can connect and conduct transactions online. The term of these loans ranges from one to five years. The best part is that the borrower needs to pay only a fixed amount every month that gets auto-debited from their bank accounts. Also, it eliminates the need for physical contact with […]
Read MoreSome common questions on peer-to-peer lending
- Bea Reva
- Lending
While loans are supposed to be a way to finance large investments, a lot of people balk at the idea of availing one. The thought of paying high-interest rates on loans, and the numerous trips to the banks to get one approved, is enough to make even the strongest person quiver. Gone are those days […]
Read MoreEssential things to know about peer-to-peer lending
- Bea Reva
- Lending
Peer-to-peer lending is a unique concept of financing where lenders and borrowers are brought together by online service providers. This is a cost-effective type of financing. What is peer-to-peer lending? Peer-to-peer lending is a concept where a service provider (usually online operates) brings together lenders and borrowers on one platform. It is also referred to […]
Read MoreBenefits of peer-to-peer lending to borrowers and lenders
- Bea Reva
- Lending
- peer-to-peer
Peer-To-Peer Lending (P2P) is the most common practice for money lending via the online medium to develop businesses. The companies of this service have promised to serve the people at a much cheap rate of the price than the financial institutions. Therefore, both borrowers and lenders are benefitted in a great way. In this article […]
Read More4 ways to start investing with a small amount
- Bea Reva
- Investing
Nowadays, most people aim to build good wealth. Along with the job, businesses and other side-gigs, youngsters are now emphasizing on the investment market. It seems that getting a return from this international market with high profitability is not very difficult. But it requires a lot of knowledge to become a successful investor. Before investing […]
Read MoreA guide to investment for beginners
Investing might seem intimidating, but it is one of the best ways to multiply money and develop wealth over time. The stock market, while attracting a large number of investors, isn’t the only way and place for investment for beginners. You also have CDs (certificates of deposit), mutual funds (MFs), bonds, and more. Also, determining […]
Read MoreUnderstanding dividend investing in the country
- Bea Reva
- Investing
Purchasing shares is one of the best ways to invest funds to allow them to multiply quickly. Investing in shares has been considered a lucrative investment option that works largely according to a company’s performance over time. Although this option has high risks, the benefits and returns also increase with the increasing risks. Shares are […]
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