September 28, 2019

Person-to-person loans through History

It is perhaps no wonder that person-to-person loans are the oldest form of loans, they are the simplest ones! It’s all about people who need money being put in contact with those who have money. Conceivable that this is a historically unregulated market It is conceivable that this is a historically unregulated market, but this is not the case. As early as the 18th century, Jonathan Swift (the satirist behind Gulliver’s Travels) was one of the founders of “the Irish Loan funds” (More facts), which linked private individuals in need of small sums of money with private individuals who had money, almost like today’s peer-to-peer lending but without the internet….

September 12, 2019

Investing in person-to-person loans?

It can be difficult to find good independent information on person-to-person loans from Swedish sources. The phenomenon is still in the starting pits here at home, even though it has been in the USA, the UK and Germany since 2007. A search for peer-to-peer Lending can therefore be a good alternative. The marketplaces and their process are relatively similar However, the marketplaces and their process are relatively similar all over the world, which means that tips regarding the rest of the world are of interest to Lenders at Othello as well. The following blogs are a good start for tips on strategies and deeper insights into person-to-person loans: The largest…

September 5, 2019

How safe are your savings?

Probably in some moments you wonder how safe your savings are when you put them in the financial system. If so, reading this article may clarify your doubt. What is the Institute for the Protection of Bank Savings? If you have a bank account, either in a checkbook or a debit card, promissory note or traditional account, the Institute for Bank Savings Protection (IPAB), through its Deposit Insurance is responsible for protecting your money deposited in any of the banks that operate in Mexico. This is possible thanks to the coverage you get for free and automatically when you open your account. Deposit Insurance covers about 99% of all savings…

August 26, 2019

What is a quick loan?

We often hear about the term fast loans or sms loans, not least in the media, but what do we really mean when we say fast loans? In fact, any unified definition that everyone agreed to does not exist but common to these loans is usually that the loan is paid off relatively quickly and without collateral. Loans without collateral are not in themselves a new phenomenon. The name fast loans began to be widely used in Sweden in 2006, in conjunction with the fact that new technology made it possible to apply for a smaller loan directly on the mobile or on the internet. Estimated and peeled loan form…