www.personalloanportfolio.com Walk through tutorial of creating a P2P loan portfolio on Lending Club. There are several person-to-person lending sites available such as Lending Club, Zopa, and Prosper.com. There are two others myc4 and Kiva which are philanthropic, where your loan does not earn a return but is loaned ton entrepreneur in a developing country such as Azerbaijan, Bolivia, or the Ukraine. If you have money to invest, P2P lending may be a way to increase your returns. Several sites such as Prosper and Lending Club are currently advertising approximately 12% average returns. Zopa offers lower returns but the money is not at risk since you are actually buying a CD from a credit union rather than directly lending to individuals. Zopa also combines some charity in their peer-to-peer lending strategy by allowing lenders to gift some of their earned interest to worthy borrowers. Why use a bank when you need a loan? Need to consolidate credit card debt? Peer-to-peer lending sites such as Zopa, Lending Club, and Prosper.com can probably give you a loan at a lower interest rate by cutting out the bank. I have even seen cases on Zopa where borrowers have received a negative interest rate due to the help lenders can offer. Lending Club Recently held a Lending Club viral video and commercial contest. If you search for lending club and contest, you will likely find those videos on youtube.
The best way to get out of debt is by keeping expenses lower than income and use any low interest-bearing savings account money to pay off higher interest credit cards. Avoid the pitfalls of debt with tips from a financial planner in free personal-finance video. Expert: Julie Asti, CFP Bio: Julie Asti works as a financial planner for Asti Financial. Filmmaker: Bing Hu
Introduction to how banks make money and the value they (potentially) add to society.
Chapter 1 Banks, lending companies and credit companies are just waiting for you to screw up. Obviously the best way to avoid the problem is the most obvious: Pay your bills on time. The reality is since the economy is in the dumpster you need to be aware of Your Risks. The original FRONTLINE video about the “Card Game” would take about 56 minutes to review, so they are split up into six chapters. Please watch and encourage your friends to watch. Your financial and possibly your physical security could be at stake without this knowledge! Follow the URL for the entire story: www.pbs.org It is 55:24 min.
Doing a budget properly is like a job of work but, done right, and you’ll reap the benefits
In this episode of THE FUNNY TRUTH ABOUT CREDIT, actor Michael Madsen gives a stranger digging through his trash everything he needs to steal his identity, until financial expert Maribel Aber steps in to show him how to protect his ID in the future. The video series, THE FUNNY TRUTH ABOUT CREDIT, presented by Experian, dispels common myths and misconceptions about credit starring financial expert Maribel Aber, and well-known celebrities in hilarious real-life situations. Visit www.experian.com/credit-education. (Co-starring John Gulager)
www.totaldebtrelief.net uses a pitcher and a glass of water demonstrate the effects of minimum credit card payments. This video uses a simple analogy to describe how the average American is throwing away their money to the credit card companies. Visit totaldebtrelief.net for more information on credit card debt relief.
Teaching teenagers money management skills is difficult because they have ingrained financial ideas of what to do with their money. Start explaining the principles of money management before teenagers get set in their financial ways withtips from a registered financial consultant in this free video on finance and investment. Expert: Patrick Munro Contact: www.northstarnavigator.com Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace. Filmmaker: Reel Media LLC
Combine your debt to minimize interest rates.
Before filing for bankruptcy, try seeking credit counseling. Learn about the repercussions of bankruptcy with tips from a consumer credit counselor in this free video on personal finance management. Expert: Maria Enomoto Contact: www.gotdebt.org Bio: Maria Enomoto works as a credit counselor for Consumer Credit Counseling services in San Jose, California. Filmmaker: Bing Hu