Fraudsters have always been a big problem in the financial sector. Unfortunately, they keep thriving with the new technologies in this industry. The number of scam lenders has risen in the US in recent years, leading to many loan consumers losing millions of dollars each year. No one is immune to these fraudsters; they've robbed the rich, the poor, and even … [Read more...] about How to Evaluate Whether or Not a Loans Website Is Safe to Use
Business Loans
The Pros and Cons of Receiving a Startup Business Loan
Starting a business from scratch is a process that can be exhilarating, or hair raising, depending upon how you approach it. There are many aspects to it including a business plan, a marketing strategy, and a business loan to get going. There are some definite positives to getting a loan for a startup, but there are also some negatives. If you are not able to come up with … [Read more...] about The Pros and Cons of Receiving a Startup Business Loan
Why Use a Credit Union: 7 Benefits of Credit Unions for Small Businesses
If you're looking for a loan for your business or setting up a new savings account, or planning to switch banks, choose a credit union. Credit unions aren't like traditional banks but serve the same purpose and offer similar services. A credit union is a cooperative, non-profit, and member-owned financial institution. When you become a customer of a credit union, you also … [Read more...] about Why Use a Credit Union: 7 Benefits of Credit Unions for Small Businesses
4 Reasons Why Microfinance Could Be Key to Unlocking Further Growth for Your Retail Bank
While the theories behind microfinance services have been around for centuries, as a practice, it was only seriously institutionalized beginning in 1976, thanks mostly to the work of the Bangladeshi-American economist Muhamed Yunus. Though there was significant initial resistance to the idea, major institutions such as the United Nations, World Bank, and International Monetary … [Read more...] about 4 Reasons Why Microfinance Could Be Key to Unlocking Further Growth for Your Retail Bank
Reasons to Seek Financial Aid from a Licensed Money Lender in Singapore
Singapore's inflation rate is likely to average between 0 and 1 in 2021. While the country's inflation rates are well-regulated, the monthly cost of living in Singapore can be considerably high. The task of getting a loan from a bank can be challenging and daunting. If you require emergency cash, you may consider seeking the services of a licensed money lender … [Read more...] about Reasons to Seek Financial Aid from a Licensed Money Lender in Singapore