Future Now funds online loan services startup LoanSolutions. June 27, 2016: Venture capital Future Now Ventures (FNV) has provided a “substantial amount” of funding to local financial tech (fintech) startup LoanSolutions.ph, the largest network of lenders in the Philippines.
FNV chief executive officer, principal investor & advisor John Orrock, said the latest investment has improved the firm’s portfolio of startups engaged in “online marketing lead generation solutions”, which provide consumers with content and choices to find the best offer and match to their requirements. “With the diverse lending options available in the Philippines, LoanSolutions.ph will aid consumers to better understand the options available to them,” Orrock said. LoanSolutions.ph officially began operations in 2014, facilitating access to credit for different financial needs by connecting borrowers to multiple lending partners in single online loan application. Also Read: Queensland govt, Future Now Ventures co-invest $1m in software firm Jesi Also Read: How Some Quick Cash Loans Can Be Dangerous (And How You Can Avoid Them!) - MoneyGuru Blog. We’ve all been there before — cash-strapped, with a mailbox full of unpaid bills that our paycheck is too small to cover.
Whether it be due to an unexpected trip to the doctor, a tuition fee hike, or just the ever-rising cost of living in the Philippines, not having an emergency fund can wreck havoc to already shaky finances. You may want to consider getting a loan to keep you afloat in this time of need. The thing is, not all loans are created equal This is especially alarming when you consider that only 69% of Filipinos have a bank account, according to a study by the World Bank called ‘Global Findex Database’ back in 2014. What’s more, according to this study, more than 10% of us get loans from informal private lenders. There is nothing wrong in taking a loan to get out of a financial rut. Payday Loans are small amount, unsecured loans that have a short term – usually until the borrower’s next payday (thus the name).
Not to be confused with Payday Loans, Personal Loans are different. Top 4 Perks of Online Loan Applications (And the Top 4 Things to Avoid!) - MoneyGuru Blog. Check out this article to better understand how online loan applications help us get the loan we need faster and more conveniently.
We’ve also listed the top 4 things to avoid when doing online transactions. Gone are the days when borrowers have to wait in long lines to get entertained. Offfices usually limit their operations to 4:00 pm in the afternoon. Those who were not able to process their loan application need to go back the next day to continue the procedure. It was all such a dragging, time-consuming task. Today, online loan applications have become a norm with almost all banks and private lending companies launching their dedicated loan application pages. Perks of Online Loan Applications Convenience – For starters, applying online is absolutely more convenient than spending hours lining up in banks or lending companiesSaves Time – Filling out your application online can only take a couple of minutes.
Business Ideas for OFWs Who Want to Supplement Their Income - MoneyGuru Blog. Being an OFW is not forever.
Eventually they have to come home to the Philippines to retire. But earning should not stop from retirement, nor should the income be solely their salary. Top Providers of Business Loans for OFWs - MoneyGuru Blog. Working abroad is really just a means to an end.
For many OFWs, they’ve taken a job in other countries to earn more money to send to their families. There are also others work abroad to travel and explore other places while they’re still single. The common goal for most OFWs, though, is to save up sufficient amount of cash they can use to acquire properties such as a house, piece of land, car and a business. What is Poverty Mindset and How to Avoid This Disposition. Financial Profiling 102: Here’s How You Set Yourself Up for a Lifetime of Poverty!
Experts say one’s disposition toward money, wealth and spending affects one’s financial wellness. One concept that relates to this is the Poverty Mindset, wherein individuals often get trapped in their attitude toward money. Instead of attracting wealth, those with poor mindset are actually setting themselves up for a lifetime of poverty, although they’re not totally broke. So what’s the harsh truth about poverty? It is a mindset as much as a reality. Need Fast Cash in the Philippines? Where and How to Access Money.
We just can’t help it.
Emergencies can strike us anytime and, at worst, when we’re already tight on the budget. CEO of Loansolutions.ph - JP Bisson ABS CBN / ANC Interview with Cathy Yap. Non-Collateral Personal Loan for OFWs: What’s In It for You? Are you an OFW short in cash to buy that plane ticket or to pay for some document fees you need to go abroad or aboard the ship?
Whether you’re still on the initial stage of your employment or are trying to make ends meet while waiting for your next flight, there’s certainly a OFW personal loan solution options for you. A financial assistance meant to help you and your family get through financial troubles. The good thing these days is that there are already many private lending companies and commercial banks offering non-collateral personal loan options for OFWs. Advantages of a Non-Collateral OFW Personal Loan OFWs have the option to get either a secured or unsecured loan. On the other hand, opting for a non-collateral loan affords the borrower the following perks: Low risk A non-collateral personal loan is a low-risk option for the borrowers as this won’t compromise any of their assets.
Short term solution Requirements are easy to gather up a. B. C.