P2P lending allows individuals to borrow and lend money directly online, bypassing traditional financial institutions. It offers benefits such as lower interest rates, quick funding access, and the potential for lenders to earn returns of 7-14%. Borrowers can secure loans without collateral, often for varied personal uses. As the practice grows, both parties are advised to understand the associated risks and regulations. Popular P2P lending companies and crowdfunding websites operate globally, providing platforms for these financial transactions.
A number of tax audits result from preventable mistakes. Here are the five most common audit red flags—and what to do to avoid them. “Your federal tax return has been selected for examination.” Few pieces of correspondence evoke as much anxiety as an audit notice from the IRS. After all, not only can audits be […]
Readers of the IW$ Newsletter and books have successfully obtained business financing, some more easily than anticipated. They share that persistence, learning from rejections, and maintaining focus were key. An organized approach, finding specialized lenders, and preparing a perfect loan application can ease and speed up the process. Continuous learning is also recommended for success.