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What is Social Lending: How to Borrow Online

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 [...]

Social lending in Australia - Will it become an alternative to a bank?

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 [...]