We are working on creating true online personal loans that feature a simple amortizing profile (of fixed monthly repayments) that don’t require the borrower to provide collateral (security against the loan).
Home loans are more complex products that require the asset to be mortgaged where the lender or bank will have a covenant over the asset […]
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Upon receiving your paycheck, what is the first thing that you do with your hard-earned dollars? Do you first put aside the funds needed to pay your bills, or do you immediately think of purchasing ‘the’ item that you are itching to buy? What does your monthly budget look like? Are credit card bills a […]
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Financial management may come easy for some people while proving to be a ‘burden’ for some. Sometimes, financial emergencies crop up which requires you to come up with a particular amount of money soon, but what will you do if you do not want to fall victim to loan sharks or the high interests charged […]
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Traditionally Australians have relied on their bank or credit union to obtain a personal loan, however now credit card financing is becoming very common (particularly at Christmas time consumer are now financing their spending habits through the use of plastic). As Australians have embraced debt now to finance their way of life (we generated $80 […]
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Whether you are a small-scale business entrepreneur or if a housewife who needs funds for a home improvement project, you can start to take advantage from something that is getting all the hype in the Internet today. It is called social lending, where the concept is similar to borrowing money from friends or family. If […]
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As Lending Hub is preparing to launch soon (you can take a peek at lendinghub.com.au) , my first postwill be about the social lending phenomenon and whether it is likely to take off in Australia. The big four banks (CBA, NAB, Westpac and ANZ) hold large market shares in the prime borrower market and are […]
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Dear Lender and Borrowers…you would have noticed that Lending Hub now has a new blog design and we will start to post our weekly blogs very soon.
The Lending Hub team is working away doing all the background stuff to prepare Lending Hub for launch and we’ll keep you informed of our progress and write some […]
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