Entries from July 2008 ↓
July 31st, 2008 — , Uncategorized from Colin @ CommunityLend blog
While there are all kinds of attempts to place a brave face on the Canadian economy, it seems certain that Canada is headed for slower economic times. Suggests it is probably a good time for consumers to review their own personal financial circumstances, and financial plan.
Toronto Star
Canada’s real gross domestic product – the broadest measure [...]
Online Stores Continue reading → Canadian economy close to recession | Toronto Star
July 31st, 2008 — , Announcements, credit unions, fees, personal finance from Mark Writer @ Credit Karma
As the lead marketing writer for a major credit union, I see the ins and outs of the financial world from a unique perspective. Few people in the organization know the full spectrum of products and services like I do, and even fewer have to try to figure out how to best sell them. Thankfully, [...]
Online Stores Continue reading → Ask the Guy on the Inside
July 31st, 2008 — , Alternative Income, Uncategorized, enviromax, gas prices from WealthBoy @ WealthBoy
A few months ago my neighbor and his dad came over to talk to me for a few minutes. They told me about a great new product to help improve gas mileage. They showed me a small 2-oz. bottle of a product called EnviroMax Plus, which I thought was a sample for me [...]
Online Stores Continue reading → Multilevel Marketing Fuel Additive
July 31st, 2008 — , Review, personal finance, start ups, wesabe from Lazy Man @ Lazy Man and Money
Wesabe tracks your spending… let’s you know where your money went.
If you are regular reader of personal finance sites, you’ve probably heard of Wesabe. It’s one of many personal finance start-ups that track your spending in order to help you maximize your dollar. I first heard of Wesabe over a year ago. I signed up to give it a shot. I had planned to write about Wesabe then, but I came away underwhelmed. The way Wesabe works is that it analyzes your spending and gives you suggestions from other members on things you could do [...]
Online Stores Continue reading → Wesabe Review: Can Wesabe Save You Money?
July 31st, 2008 — , Financial Education from DebtKid @ Lending Club
Earlier this morning Mike brought up the “staycation,” an increasingly popular concept with gas and airline prices near all-time heights. Here are 7 tips for how to make your staycation both frugal and fun.
1. Lock up your electronics
Gather up computers, cell phones, and other electronic distractions that could keep you in your daily grind. The [...]
Continue reading → 7 Tips for a Fantastic and Frugal ‘Staycation’
July 31st, 2008 — , Prosper from zcommodore @ Posts from all blogs
Bama thinks Prosper is “churning loans”. He seldom lets facts get in the way of a good conspiracy theory, but lets look and see if there’s any merit to his assertions.Here’s a graph showing the actual number of loans Prosper approved each business da…
Continue reading → Bama’s latest conspiracy
July 31st, 2008 — , Financial, Lend To Others, Misc, P2P Lending, Prosper, Prosper 3rd Party Applications, Prosper Lenders, peer to peer lending, prosper news from Prosper Blog @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
In October 2007, Prosper launched a Facebook application for our members. In April 2008, we then launched a new Facebook application which allows people to transfer funds to their Prosper lending account instantly. We provided this service because lenders wanted a more immediate ability to bid on loans they liked without having to wait for [...]
Continue reading → Prosper Facebook Application Reaches 5,000 Users
July 31st, 2008 — , Uncategorized from Luke @ Zopa Blog USA
Periodo di vacanze per gli Zopiani, ma chi si immaginava che ad alcuni Zopiani venisse l’idea di un coast to coast con arrivo a San Francisco e visita a Zopa US?
Ebbene, un equipaggio milanese è in partenza il 2 agosto: Marco detto Ciolo - prestatore pioniere che per l’occasione ha chiesto e avuto un piccolo prestito per finanziarsi il viaggio - [...]
Online Stores Continue reading → A brief update from our Italian friends…
July 31st, 2008 — , Financial Education from Mike Smith @ Lending Club
Largely attributable to rising gas prices, and the perceived cost of travel as a result, many families are forgoing traditional vacations and are opting for something closer to home, the staycation. The results are more than just the enjoyment of taking in the local sights, but also lower costs and a renewed appreciation for where [...]
Online Stores Continue reading → Staycation – Being a Tourist in Your Own Town
July 31st, 2008 — , Jessica Heinzelman, KF5 (Kiva Fellows 5th Class), Lift Above Poverty Organization (LAPO), Nigeria, africa from jheinzelman @ Kiva Blogs from the Field
There are a number of things here in Nigeria that are just different enough to bring laughter and puzzlement to my days…
“Oyibo” – Wherever I go, people call out “Oyibo.” Naturally, I initially thought this meant “hello” or served as some sort of greeting. I suppose it is a greeting of sorts, but literally means [...]
Online Stores Continue reading → The Little Things That Make Me Smile and Scratch My Head
July 31st, 2008 — , General from Savaroony @ Zopa blog
An even more belated blog this time… we’re very naughty we know, but we haven’t ‘alf been busy.
So loads to update you on:
We welcomed our 200,000th member a few weeks ago, so where we were once ‘Bigger than Basildon’ we’re more like Brighton now. I’m hunting for my bucket and spade…
In looking back, there seems [...]
Continue reading → Bit of a catch up
July 31st, 2008 — , Advice for New Lenders, Common Mistakes, Late loans, Prosper.com, lending strategy from Jeremy Frazao @ Prosper Lending, My Experience
Lending on Prosper, you’ll hear a lot of people say “You just can’t tell who will and who won’t repay!” If that’s the case, then I’ve just been lucky so far. Since I tend to believe that we make our own luck for the most part, I just can’t concede tha…
Online Stores Continue reading → May 2008 (already) Late Loans
July 30th, 2008 — , General from bamalucky @ Posts from all blogs
Lots of “pending review” loans get approved at the end of each month & some lenders are getting suspicious. It’s being discussed at prospers.org in the lender tab
[...]
Continue reading → Is Prosper churning loans at the end of each month?
July 30th, 2008 — , News, extreme makeover home, extreme makeover home edition, foreclosure, home makeover from Lazy Man @ Lazy Man and Money
Extreme Makeover Home Foreclosure. What went wrong?
There was a little foreclosure in the news that caught my eye yesterday. A home featured on Extreme Makeover Home Edition is facing foreclosure. Milton and Patricia Harper of Lake City, Georgia were the lucky recipients of a complete home makeover turning their old home into a 5500 sq. ft. mansion. It took 1,800 people to get it accomplished. The estimated cost of the home and donated materials? $450,000. It looks like the dream is over for the Harpers.
Though this is somewhat original, I feel I’ve read [...]
Online Stores Related Websites - Rent or Own - What's Best Right Now? The housing market has many people concerned right now and one of the most popular questions is whether or not this is a good time to buy a home. Unfortunately, there is no clear cut answer to this question, and each individual’s financial state will determine the answer. However, there......
- Review of Ty's Tricks by Ty Pennington Since tomorrow is July 4th, I've decided to take it off. There will be no blog post tomorrow which is why the book review is today instead of Friday. Have a great weekend everyone! If you're into do it yourself television, you've undoubtedly heard of Ty Pennington. He's been on......
Continue reading → Extreme Foreclosure!
July 30th, 2008 — , Financial, Misc, environment from Steve McDonald @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
Are you still toting that faux leather booklet around, filled with your Care Bear checks? The days of that payment method may be numbered. With more and more on-line services offering non-paper ways to pay, why do things the old fashioned way (not to mention irritating postage and the time to mail a bill)? .
It’s [...]
Online Stores Continue reading → The Checkbook, R.I.P.
July 30th, 2008 — , Financial Education from Mike Smith @ Lending Club
I recently sorted all of my expenses by size to get a better understanding of which items were costing me the most. Looking at spending from this new perspective is insightful and beneficial. What follows is my thought process and analysis of my top expenses to illustrate how this method is used. Your expenses will [...]
Continue reading → Reviewing Your Top Expenses
July 30th, 2008 — , Advice for New Lenders, Common Mistakes, Late loans, Prosper.com, lending strategy from Jeremy Frazao @ Prosper Lending, My Experience
I found this loan while investigating a blender’s request–going through her late loans. After blogging on pious borrowers the other day, this seemed to follow quite nicely.http://www.prosper.com/lend/listing.aspx?listingID=296216Quote from listing tex…
Online Stores Continue reading → Minister Late After Only 2 Payments
July 30th, 2008 — , 3rd party services, Bad debt, Defaults, bad debt, debt sale, MyC4, currency risk, debt sale, loans, myc4.com from admin @ P2P-Banking.com
Lenders at MyC4.com do not have an easy task, when trying to check which of their loans are late on the repayments. The account page does not offer a comprehensive overview page. If a lender really wanted to check in detail he has to click through to the detail page of each loan he invested [...]
Online Stores Continue reading → Checking on MyC4 late loans
July 29th, 2008 — , Financial Education from Kevan Lee @ Lending Club
Recessions and downturns have people nervous. But rather than bemoan the economy and long for change, getting proactive about spending habits could help you get a leg up on the financial swoon. Here are eight tips on doing just that.
1. Share the cost.
What are friends for, if not price proration?
If you do find [...]
Online Stores Continue reading → Eight Effective Ways to Fight Back Tough Times
July 29th, 2008 — , CEO announcements, Financial Education from Andre Nosalsky @ Lending Club
Let’s be real. Thinking about bank accounts while actively involved in school is something that very few college students do on a regular basis. So what happens is that most of them end up overdrawing their accounts – not just once, but many times.
Most students that are new to banking are not informed about [...]
Online Stores Related Websites - Finding the Right Bank A big portion of how you handle your finances will have a lot to do with the bank that you choose. In most cities, you should have quite a few choices, and with internet banking, it’s never been easier to find a new bank. However, before you open an account,......
- Instant 10% Return ING is offering a $25 bonus for new accounts with a $250 deposit. Both ING Direct Electric Orange Checking (current APY is 4.00%) and ING Direct Orange Savings (current APY is 4.50%). You don't need to leave the money in the account. The $25 bonus cannot be removed for 30 days. You need a referral......
Continue reading → Students: One Tip That Will Save You Thousands
July 29th, 2008 — from Jeremy Frazao @ Fynanz OpenBlog
Just as New York’s Governor Paterson is planning to ask the state legislature to create a new low-interest student loan program, Massachusetts is turning students away from its own.
Governor Paterson announced last week that he would begin working with Albany to meet the needs of college…
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Online Stores Related Websites - Tips for Paying Off Student Loans Right now, the student loan industry is going through one of its worst periods in decades. New Federal regulations have forced many banks to stop offering student loans, and students are being forced to either find a direct loan or start paying back what they owe. Enrollment figures are being......
Continue reading → New York Enters as Mass. Flounders
July 29th, 2008 — , Aerosmith, Consumer Battles, DVDs, buffy the vampire slayer, football season, music, new england patriots, patriots tickets, preseason football games, san deigo chargers, video game systems from Lazy Man @ Lazy Man and Money
Note To Businesses: Consumers Don’t like Forced Bundling of Products
With football season coming up, my thoughts have started to slowly turn to blocking, blind-side blitzes, and blackouts. Recently tickets for next seasons AFC Championship rematch, New England Patriots vs. San Deigo Chargers went on sale. Though it’s a mere 8-hour drive, I was prepared to call in and try my luck at getting tickets. Then a friend told me something that I couldn’t believe. In order to purchase tickets for that game, you must buy tickets for two preseason games (see press release for details). [...]
Online Stores Related Websites - Football Memorabilia Sports Memorabilia -> Autographs: Original -> Football-NFL Collecting football memorabilia is a passion for thousands of people and whether you are a huge fan of the sport, or you admire certain athletes, there are many different items that are considered to be highly collectible. It’s easy to enhance your personal......
- Football Helmets Sports Memorabilia -> Fan Apparel & Souvenirs -> Football-NFL Official NFL memorabilia comes in all shapes and sizes, but some very distinctive collectible items are NFL football helmets. Whether you want to collect one from each of the 30 teams, or just your favorite team or teams, it's a fun......
Continue reading → Bundled Football Tickets, Bundled Video Game Systems, Bundled Music and Bundled DVDs… Arrrg!
July 29th, 2008 — , Late loans, Prosper.com, lending strategy from Jeremy Frazao @ Prosper Lending, My Experience
As promised yesterday, I’ll examine the 3 lates in my Fantasy Prosper account. These made it through the filters on my pp’s and saved searches, so I’d like to check to see if they’d also have passed my “smell test.”http://www.prosper.com/lend/listing.a…
Online Stores Continue reading → My Lates on Fantasy Prosper
July 28th, 2008 — , Advice for New Lenders, Prosper.com, ROI, lending strategy from Jeremy Frazao @ Prosper Lending, My Experience
I started lending slow and conservative on Prosper. My plan was to continue for a year, then decide whether I wanted to continue and/or increase my investment.Things were going well in that first year, but I couldn’t convince myself there were enough g…
Continue reading → Lesson Learned Using Fantasy Prosper
July 28th, 2008 — , Auto, Financial, Get A Loan, P2P Lending, RV, peer to peer lending, personal loans from Prosper Blog @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
With summer upon us, taking to the road is a delightful way to see America in all its beauty. Many like to do this economically by purchasing or renting an RV. While gas may be expensive, the costs of your overnight stays are minimal. However, vehicle financing has been a complicated process that usually ended up being [...]
Online Stores Related Websites - Best Reasons to Use Unsecured Loans Prosper is a p2p lending marketplace for unsecured loans. Borrowers can borrow money up to $25,000 via an unsecured 3 year fully amortized note. New lenders recieve a $25 bonus on entering your first loan. The following is a guest post anybody else interested in a guest post should email......
- Borrow Money on Prosper -- Case for Unsecured Debt via Personal Loans Prosper Marketplace, Inc. is a peer-to-peer (p2p) lending marketplace that facilitates 3 year fully amortized loans between lenders and a borrower. A borrower wants to borrow money and lenders want to earn better than average returns. The most typical reasons for loans on Prosper are credit card debt consolidation, small business......
Continue reading → Recreational Vehicles for Summer Fun
July 28th, 2008 — , Financial Education from Mike Smith @ Lending Club
We often fool ourselves into thinking that the more we spend, the better and more memorable a vacation will be. While money can buy certain memories, the correlation is probably much weaker than you’d expect. In fact, simple and inexpensive vacations are often the most relaxing, and the most memorable.
I love Mickey Mouse and the [...]
Online Stores Continue reading → Simple and Inexpensive Vacations
July 28th, 2008 — , 401ks, Asset Allocation, Investing, diversification, emergency fund, google, portfolio holdings, private stock, retirement accounts, roth ira, roth iras from Lazy Man @ Lazy Man and Money
The Money Writers is having a group writing project. Each of us have decided to share our asset allocation and performance from the first of the year to last Friday. You might want to put the children to sleep, this could get ugly.
Asset Allocation
I would like to say that I put together a great graph for you, but I didn’t. My only excuse is what you already know… I’m Lazy. Instead I’ve put together my portfolio holdings inside my retirement accounts. You may ask why I don’t have significant money invested outside of retirement accounts. [...]
Online Stores Continue reading → I Share My Asset Allocation (as do 7 other Money Writers)
July 28th, 2008 — , Fynanz, Lenders, P2P Lending, Site Review, academic model, academic scores, auction details, borrowers, cosigner, federal loan programs, fico scores, impressive track record, loan request, marketplace, money, online auction, risk, student loan, student loans, what this means from keira @ Rate Ladder
This year, it has never been more difficult to get a student loan, thanks to new federal regulations. Hundreds of lenders announced that they would no longer be taking part in federal loan programs and schools are struggling to try to offer loans directly to students. This opened up a huge marketplace in the p2p [...]
Related Websites - Tips for Paying Off Student Loans Right now, the student loan industry is going through one of its worst periods in decades. New Federal regulations have forced many banks to stop offering student loans, and students are being forced to either find a direct loan or start paying back what they owe. Enrollment figures are being......
- RateLadder Loan Lisitng Auction Closes Today Now is your last chance to get a portion of the RateLadder loan request. The auction ends at ~10:50am pst. Don't miss out on this one. :) $25 Bonus For New Lenders How to Use Prosper Listing Widget for MySpace, Blog, Website, or Other ......
Continue reading → Fynanz Review
July 28th, 2008 — , borrowing, endorsements from ProsperBlogger @ Peer to Peer Lending with Prosper
Endorsements are a useful tool to help get potential lenders interested in your Prosper loan. There are a few ways to get the most out of this technique which can sometimes make the difference in whether your loan gets funded.
Endorse early
First, get your endorsements in line before you create…
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Continue reading → How to Make an Endorsement Count
July 28th, 2008 — , Angkor Microfinance Kampuchea, Asia & the Pacific, Cambodia, KF5 (Kiva Fellows 5th Class), Sanjaya Punyasena from Sanjaya P @ Kiva Blogs from the Field
Part of the reason I signed up for the Kiva Fellowship was to see how microfinance actually works on the ground. You can read all the books on microfinance, but that couldn’t make up for never seeing it in action with your own eyes. After getting an understanding of AMK’s operations from their nice air-conditioned [...]
Related Websites - Kiva Forum P2P No Bank has launched independent forums covering all p2p lending sites — including Kiva. Kiva lets you connect with and loan money to unique small businesses in the developing world. By choosing a business on Kiva.org, you can "sponsor a business" and help the world's working poor make great......
Continue reading → The Nuts and Bolts
July 27th, 2008 — , Amy Killian, Cambodia, Maxima, Uncategorized from amkillian @ Kiva Blogs from the Field
To see a complete list of MAXIMA’s clients who live in rural areas such as this one, please click here.
Continue reading → From the city, into the field: views from a motorbike
July 27th, 2008 — , 12 money mistakes, PayPal, becoming a millionaire, career dilemmas, consumer commentary, financial prosperity, how to become a millionaire, how to save on gas, immigration story, life details, loan forgiveness programs, money, money finance, money madness, multiple streams of income, peak oil, personal finance, portfolio diversification, smart life, streams of income, student loan forgiveness, student loan forgiveness programs, wealth from Rich Leverage @ Rich Credit Debt Loan
Welcome to a new edition of Sunday Money Madness where another portion of the financial blogosphere is illuminated. I found these stories to be worth while and interesting and they should make great weekend reading if you haven’t read them yet.
An Immigration Story by Digerati Life details a story of [...]
Online Stores Related Websites - The Benefits of Leveraging Debt to Create Multiple Income Streams Let’s face it, debt has managed to earn itself a pretty bad name in most circles, but in many cases, this stigma is undeserved. Debt, when used properly, can help you secure your financial future. While no one is arguing that improperly used debt is a bad thing, good debt......
- Learning How to Finance Your Future Most of us think about retirement and panic. It can be tough trying to figure out how we’re going to survive and plan for our futures when we’re just trying to make ends meet right now. If you’re strapped for cash at the end of every month, chances are you......
Continue reading → Sunday Money Madness
July 27th, 2008 — , Advice for New Lenders, Common Mistakes, Community, Prosper.com, ROI, lending strategy from Jeremy Frazao @ Prosper Lending, My Experience
We’ve all seen it, I’m sure. The borrower quoting scripture or using his supposed piety to convince lenders their bids are safe.This discussion came up the other day on the Loans2U group discussion forum and led to some interesting research.Lendingstat…
Continue reading → Pious Borrowers & Prosper Lending
July 27th, 2008 — , KF5 (Kiva Fellows 5th Class), Micro Credit Development Trust SACCO (MCDT), Taryn Goodman, Uganda from Taryn Goodman @ Kiva Blogs from the Field
Yesterday I was not in a fight, but rather saw my first fight in Uganda. This fight was over a woman - me. However, it was not between jealous lovers. Rather, the fight was between two taxi drivers vying for my fare.
In Kampala, if one doesn’t have a car or is too scared to [...]
Online Stores Continue reading → My First Ugandan Fight
July 26th, 2008 — , P2P Lending international from Colin @ CommunityLend blog
Statistics on Monetto, the social lending company that opened in Poland 4 months ago. [1 Zloty = 48c/ 0.24 Euros +/-]
P2P-Banking.com » Poland: Monetto has financed 1 million Zloty loans in 4 months
Monetto.pl, one of the three p2p lending services active in Poland has financed 1450 loans applications resulting in 440 loans totaling 1 [...]
Continue reading → Poland: Monetto has financed 1 million Zloty loans in 4 months
July 26th, 2008 — , P2P Lending international from Colin @ CommunityLend blog
Interview with Doug Dolton, CEO of Zopa, the social lending company with offices in UK, US, Italy, and Japan. He has some interesting thoughts, and bullish views on the scale that social finance will achieve over time.
Social Networking Watch: Zopa, CEO Douglas H. Dolton - SNW Interview
What is your long term vision? Where [...]
Online Stores Continue reading → Zopa, CEO Douglas H. Dolton - SNW Interview
July 26th, 2008 — , Advice for New Lenders, Common Mistakes, Prosper.com, ROI, lending strategy from Jeremy Frazao @ Prosper Lending, My Experience
Most borrowers would have long ago given up, but mvbrothers2 never gave up. On her 57th listing, she finally funded her $1050 listing at a borrower rate of 37.45%.Her path to success on Prosper began with this listing in February, 2007 as an HR borrowe…
Online Stores Continue reading → Prosper Borrower Finally Funds on 57th Try!
July 26th, 2008 — , Collecting late loans, General, Prosper.com from fred93 @ Posts from all blogs
Collections on late prosper.com loans are getting worse. Prosper simply doesn’t take their responsibility to lenders seriously. Along the way there have been words from Prosper saying they were going to improve this or that, but they’ve all been …
Continue reading → Prosper.com - collections - you have forsaken lenders
July 26th, 2008 — , Financial Education from Mike Smith @ Lending Club
Pets can bring enormous joy into our lives, but can also cost us a lot of money. If you are considering a pet, or would like to keep costs as low as possible, we here at Lending Club suggest you consider the following tips that will benefit you as well as your pets:
Keep startup costs [...]
Online Stores Continue reading → Reducing the Cost of Owning a Pet
July 26th, 2008 — , Links, chris hansen, disneyland, micke mouse, mickey, minnie, pluto from Lazy Man @ Lazy Man and Money
My wife and I went to Los Angeles a couple of weeks ago and spent a little time in Disneyland. One of the most interesting things I saw was a High School Musical 2 stage that was on wheels. It would come rolling through the park 2-3 times a day and put on a 30-45 minute show at the front of the park. A group of teenagers/young adults would jump off the stage and perform songs from High School Musical. It’s all very good, and it was a fine show.
As my wife was grooving along to [...]
Continue reading → Weekend Links - Lonely Mickey Mouse Edition
July 26th, 2008 — , Kokos, Monetto, Poland, kupujemy, loans, lucas banach, polska, prender from wiseclerk @ P2P-Banking.com
Monetto.pl, one of the three p2p lending services active in Poland has financed 1450 loans applications resulting in 440 loans totaling 1 million Zloty (approx 0.5 million US$) in 4 months. The average loan amount is 2300 Zloty. The service claims 8000 registered users and a repayment rate of 97% so far (which is said [...]
Continue reading → Poland: Monetto has financed 1 million Zloty loans in 4 months
July 25th, 2008 — from fred93 @ Fred93's Blog
Collections on late prosper.com loans are getting worse. Prosper simply doesn’t take their responsibility to lenders seriously. Along the way there have been words from Prosper saying they were going to improve this or that, but they’ve all been…
Continue reading → Prosper.com - collections - you have forsaken lenders
July 25th, 2008 — , Financial, Misc, P2P Lending, Prosper Borrowers, Prosper Lenders, Roundups, peer to peer lending, personal loans, student loans from RateLadder @ Prosper Blog: Prosper, the online marketplace for people-to-people lending
The personal finance blogosphere was packed with great articles this week… Here are a few of our favorites…
GenX Finance details the Top 12 Money Mistakes Most People Make and special congratulations to GenX Finance for being named by PC Magazine to the Top 15 Websites for Managing (and Saving) Money
RateLadder updates 1 Month Late or [...]
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