Investing in Peer-to-Peer Loans? Think Like a Bank
Peer-to-peer loans have become the next biggest thing in investing. The stock market may be producing disappointing results but the new social trend in lending is proving to be a nice alternative – and a great way to diversify one’s investment portfolio.
Lending Club, the most popular peer-to-peer lending network today, is one such company [...]
How to Fake a Direct Deposit and Avoid Bank Fees
The exact definition of a “direct deposit” is quite vague in the banking world. Most of us understand a direct deposit to be a method of receiving payment electronically into our bank accounts. The typical forms of direct deposit are wages and Social Security income.
Why Do I Need to Fake a Direct Deposit?
Many bank accounts [...]
How Overdrafts Can Affect Your Credit Score
With overdraft fees taking its toll on many banking customers, it is increasingly common that consumers are unwilling to pay them.
An overdraft is any “legitimate” transaction that results in a negative balance in a checking account. The most typical reasons for insufficient funds that lead to an overdraft are:
too many charges on your debit card
written [...]
A Frugalist’s Guide to Buying and Owning a PS3
Looking to get the hottest selling video game console of 2009 and want to practice frugality while doing so? Here a guide that I’ve created from my experiences of purchasing a PS3 system along with games and accessories. I hope these tips will help you with reducing the stress on your wallet.
Getting the System
Very few [...]
The Art of Having a Family Phone Plan With Your Friends
Before I finalized my decision to add an iPhone to my mom’s family plan, I did a little research to find out how I could afford this luxurious gadget without having to sell blood. After surveying my friends with iPhones, I found that one friend started a family plan with his other friends just so [...]
