Tag Archives: Loan

The Sharing Economy Can Make You Money

Taxation of this Sharing Economy:

The Internet, along with its rising social media, has created some very new opportunities for people to earn extra cash. This ‘sharing economy’ theme is defined as this – Putting up some unused resource either for sale or for rent (like a skill, parked vehicle, or empty room). This might seem a bit minor at first, but according to one statistic, this sharing economy actually represents as much as a $110 Billion dollar market.

One community marketplace for finding or listing or booking lodging all over the world, is Airbnb. This is done on … Read more at 2011 Taxes.

Understanding Peer to Peer Lending

Peer to peer lending has boomed since its advent, as it has provided debtors a simple means of acquiring unsecured loans without having to pay high interest rates as with credit unions and local banks. Companies such as Prosper, Virgin Money, and Lending Club offer interest rates that could for as little as 6 percent, which is very convenient that most borrowers refinance personal loans and credit card debts into a P2P loan. If you wonder how these companies manage to offer such low interest rates even if the borrower does not have a good credit rating, it’s because they … Read more at 2011 Taxes.

The Reverse Mortgage Disadvantages Are Whoppers

turbotax

There are many retirees out there who are in a world of hurt.  The economy has all but killed the American dream of retirement.  Trying to work until they are forced out, many seniors find that they just cannot survive on the pittance of a pension that they receive and social security is little more than a stipend.  For this reason, many of them are telling their heirs that there is no such thing as Santa Clause.  It is starve or sell the home.  There is another option, however, that many are considering, the reverse mortgage.

Standing Toe To Read more at 2011 Taxes.

Getting a Tax Refund Loan on the Internet

Sometimes, there are some people who are often hesitant to apply for loans over the internet for different reasons. Whatever their reasons are, I personally find online loan applications very convenient and easy. Over the internet is where I usually file for a tax return advance. Here, processing the loan will only take a few minutes and will never have me fill-out loads of paperwork as compared to offline loan applications.

Can you ever imagine what a hassle and how time-consuming applying for a loan offline is? You need to meet and talk to loan agents, fill out forms … Read more at 2011 Taxes.