Finance

Is P2P Lending Safe And Profitable?

If you are looking for investment options, you may have come across the term ‘p2p lending’. Although the basic concept of p2p lending is not new, technology has ensured that this system works in a fine-tuned, systematic manner. It’s only through tech-based systems that the power to lend is now available to any individual who wants it. Borrowers also gain, …

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What To Do When You Win The Lottery?

A win in lottery games such as Powerball and Mega Millions can make you a multi-millionaire overnight. Just for records, the jackpot amount in 2016 Powerball was a staggering 1.586 billion. This was the highest ever recorded. Even if you consider the lower end, lottery jackpots can easily fetch you around a couple of hundred millions. So, what to do …

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Is Debt Good Or Bad For You?

People usually have different opinions about debt. Some will recommend it to you whereas others might warn you about possible adverse consequences. In essence, debt can be a double-edged sword. Depending on the amount and type of debt and your income, debt can have favorable or unfavorable consequences. You need to understand the difference between good debt and bad debt …

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What Happens If You Become Bankrupt?

As life is quite uncertain, bankruptcy can strike anyone, anytime. There have been several cases in the past when even wealthy people have declared themselves bankrupt. When you are certain that you will not be able to pay back your creditors, you can approach a court to declare your bankruptcy. So, what happens after you declare yourself bankrupt? Are your …

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