Credit score drop is the last thing you would want, but when paying back debt becomes hard, it is something difficult to avoid. This is more so in the case of debts due to expenses incurred for treatment of major illnesses. The CFPB has been reporting debt collection as theRead More
Borrowing a home loan is a big financial decision, regardless of what income bracket you fall in. Apart from ensuring that the loan is flexible, you will also need to be aware of how much the loan is going to cost you along the tenor so that you can accordinglyRead More
Arbitrage trading is at the heart of cryptocurrencies. It is perhaps one of the most effective methods for acquiring wealth using cryptocurrencies. The sad thing though is that conventionally, only a minority have the resources necessary to engage in the activity. It is a risky process due to the instabilityRead More
There is always a risk factor in business and even in the contemporary times when more and more people are coming forward to set up their own businesses, one cannot entirely outrun the eternal crisis of debt and often resultant bankruptcy. There are many entrepreneurs across the world that areRead More
All entrepreneurs have had to consider various traditional and non-traditional (alternative) methods of funding over the time. Debt and equity are the two of the most common methods of funding a company can try for. In case of a debt, the start-up receives a loan of a certain amount thatRead More
Applying for a loan might not be as simple as it used to be, but don’t let that hold you back from getting one if you need one. Banks and other credit unions have become a lot more lenient regarding their lending requirements. As a result, it is a lotRead More
Satoshi Nakamoto created Bitcoin on October 31, 2008, introducing it as a new electronic cash system that doesn’t involve any third party. Today, more than 1,500 virtual coins are listed on data feed websites. Although most of these coins continue to be heavily criticized both by financial analysts and theRead More
Looking at Bitcoin’s price fluctuations over the past few months can strike fear in the hearts of investors. It’s interesting how the digital asset has come full circle. In November 2017, people were astonished after reaching the $8,000 milestone. Shortly after, it hit an all-time high of $20,000. Right now,Read More
Money is the most used medium of exchange (MOE). It’s interesting to learn that 50% of all transactions across the globe involve money. But what’s not being talked about a lot is the fact that governments are responsible for deriving, considering, and instituting this money. Also referred to as fiat,Read More
In a recent article, we commented that trading is one of the most lucrative businesses in the world. It’s hardly surprising, then, that so many people want a piece of the action and that there are more amateur traders setting up trading accounts with brokers than there have been atRead More
