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Online Loans a Revolution for Australian Borrowers

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 [...]

Borrowing and Lending Between Family and Friends

It is quite easy to turn on your family for help when it comes to family matters, personal issues or sharing with them your frustrations at work. However, when it comes to borrowing and lending money, things can take an awkward and embarrassing turn. How would you feel if a close friend or family member [...]

Using a P2P Loan for Funding Business Expansion and Growth

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 [...]

Comparison of Online Social Lending to Microfinance: Prosper and Kiva

Posted By LendingHub on November 30, 2007 1 Comment » Filed under: Community Loans, Online Loans and Finance, Peer to Peer and Social Lending

There are two main types of online social lending type sites that are getting some good traction in the US - there are P2P person to person sites that allow one person to lend money to another person for the purpose of earning interest and microfinance sites that allow people to lend to other people [...]

Is it possible to get an online home loan in Australia?

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 [...]

The role of P2P Loans in Managing your Personal Finances

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 [...]

Australians and Social P2P Lending and Borrowing

Posted By LendingHub on November 15, 2007 2 Comments » Filed under: Community Loans, Peer to Peer and Social Lending

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 [...]