Month: August 2019

Fixed-rate payday loans are not always cheap

At regular intervals banks advertise consumer loans, Which are paid out to every customer with sufficient credit for the same interest rate. This procedure contrasts with the usual procurement practice, where the creditworthiness of the borrower, measured by his financial and personal circumstances and the scores obtained by statistical methods from the credit bureau, determines Read More

Funding Circle, the crowdfunding concept

 The principle of Funding Circle as a lender to entrepreneurs is crowdfunding. Investors can register separately on the platform, and choose how much (from € 100) they want to lend, and to which companies. Registering as an investor is free of charge and without obligation. Funding Circle was founded with crowdsourcing of corporate credit as Read More