This morning the value of the Euro dropped under $1.30. The United States must thank the European Union for the diversion it has produced. With all the turmoil taking location in Europe, tiny focus is being paid to the monetary and fiscal policies of the United States and the effect these policies are obtaining on the value of the United States dollar against other key currencies.
As described earlier, Prosper was founded in 2006 and was the extremely 1st organization to pioneer this type of lending platform. For a new idea and technologies that has only been around six years there are those who are very skeptic. Queries are raised if this is for real and could this be the new future of lending? Effectively, I don’t have a crystal ball, but it is my guess that this is anything that is not going to go away any time quickly. There are some really excellent positive aspects platforms like these present. Not only from a borrowing standpoint but from an investors as nicely. Exactly where else can an investor get double digit returns? Surely not in their bank CD accounts. One more sign that I think supports my notion of p2p lending sticking around is that now some of the huge names in Wall Street are jumping aboard these firms. In Could of 2012 it was reported that p2p lending has hit $1 billion dollars.
It’s sad when men and women feel pressure and the need to exchange gifts during the holidays. If a family is truly struggling, I don’t think they should exchange gifts, rather do anything collectively as a family like share a day out or take a trip someplace or produce a memory that will last a lifetime, rather then giving gifts that they will not use …Read More