As a new year approaches all of us here at the Lending Hub team wish you all the best for the festive season and a prosperous New Year. We have been working hard to get Lending Hub up and running so that very soon you wil be able to join our community and visualise peer [...]
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If you are an entrepreneur who is just starting out on building a small business, getting additional funding to allow your business to grow is probably one of the most difficult tasks that you would have to face. If you decide to take out a loan from a bank or a traditional lending institution, you [...]
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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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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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