On Friday, 10/21/2011, Bay Area-based P2P company Prosper will be running a one-day promotion offering to make borrowers’ 2nd payment, up to $250.* If you apply for a new loan before midnight on Friday, Oct. 21, 2011, Prosper will make your second payment for you. To be eligible for the offer, you cannot have posted [...]
Loans of up to $35,000 are now available through Lending Club—previously, only loans up to $25,000 were allowed. The higher loan max makes it easier for borrowers funding large projects, like home improvements, via low-interest, fixed rate loans through Lending Club. According to LC CEO Renaud Laplanche, “The increase in maximum loan size was prompted [...]
I’m cautious with credit cards for sure (some in my family say neurotic), but I’m not a credit-hater. Sure, I like a good credit card shred, just like the next person. But I think that plastic — and credit cards specifically — are basically a necessity in this society, especially when you are traveling and [...]
Imagine free-flowing drinks and suits-to-jeans types, all talking money and tech, with dark walls hung with contemporary art, complete with a bouncer. An after-work bar? Sort of. Actually, it was SF Beta Financial Innovation, at 111 Minna, a gallery on a sidestreet off 2nd St in upper SOMA, offering glimpses into some new, not-yet-seen and [...]
Most of us pay for dinner with a credit or debit card and add a couple dollars where it says, “Tip.” But what happens to that tip? Where does that money actually go? Waiters and waitresses are categorized by the IRS as “tipped employees.” They make less than minimum wage because tips are supposed to [...]
Don’t Sell the Farm The say, “Don’t sell the farm,” but debt guru Steve Rhode (“GetOutOfDebtGuy” on Twitter) really wanted to – he just couldn’t. As a real estate agent selling land outside of Washington, DC back in the late 1980s, he was managing to do well even though highly leveraged until a certain real [...]
It’s January and you have a unpaid credit card balance. Should you do a balance transfer?
Basically, most financial advisors agree: every married woman should have at least one credit card in her own name. So you have your one token card. But how is your credit doing these days? Has your credit been influenced by your partner (up or down)? The best way to find out how you are doing [...]
You Can Never Be Too Rich or Too Thin When you’re talking cashmere sweaters and other things, shrinkage is a bad thing. But when you’re talking bills, shrinkage is definitely a good thing. If you’re talking saving money on your cell phone plan, credit card and gas bills, BillShrink.com is a very good thing. Why? [...]
