Peer-to-Peer Lending: What You Need to Know

Peer-to-peer lending, which is commonly referred to as P2P lending or simply P2P, is the process of lending money to “peers” through an online lending website instead of going through a bank or other traditional financial institute. Online lending websites...

Fact or Fiction: Truths About Layaway Plans

Often the subject of layaway plans is only discussed during the holiday season. In recent years, credit availability was at an all-time high and purchasing items through layaway plans became passé. However, with the recent economic downturn, many companies instituted...

10 Different Ways to Grow a Passive Income

A passive income is an income that a person receives on a regular basis, with little or no effort to maintain it. Essentially, a person makes an initial investment, then sits back to reap the benefits of a passive income that comes from the initial investment. 10...