Does the SEEK program pay for all of college?
Min: No, the SEEK program is not designed to cover all of the expenses of college attendance - it's intended to provide money for transportation, books and school fees. SEEK funds are only one part of the financial aid package for those students who qualify for SEEK. You'll also receive funding from New York's much larger Tuition Assistance Program (TAP), which, like SEEK, is awarded on the basis of financial need. You are also very likely to receive a Pell Grant award from the Federal Student Aid program, plus other possible grant awards, Federal Work-Study and, if necessary, student loans, either Perkins loans or Stafford loans. SEEK isn't strictly a financial aid program, but rather a full-service program that aims to help students achieve college success. Other components of the program include academic counseling, tutoring, peer mentoring and a summer enrichment program. You become SEEK eligible by completing the SEEK section of the freshman application, but you'll also need to complete your FAFSA as well. If you are accepted to the SEEK program, you will receive mail and/or a call from a SEEK representative, who can walk you through all of the details, and tell you everything you need to know about the financial aid aspects of SEEK, as well as the other parts of the program. Good luck to you!
Have you used your IRA for peer to peer lending programs? Did you have success with that?
Yes. I opened up an IRA with Lending Club several years ago, and rolled over funds from another IRA. It was pretty easy to do, and this account behaves just like any other Lending Club account, except that I am not paying taxes on any of the earnings now, and won’t until I pull out funds in retirement. I can select my investment criteria and auto-invest. Or, manually invest.Over the past several years, I’ve averaged a 6.33% return in this account. Which has unperformed the stock market, but I am fine with that as I did this to diversify my portfolio.
What are p2p lending software providers?
A number of software providers are available n market through out the world. But if you want the best P2P Lending Software Solutions for your lending requirements then you need to consult for the custom software solution provider.Because a software will only provide you solutions related to the common requirements for every lending company, but if you will consult to any of the custom software development company hen you will be awarded a better solutions in less budget.Chetu Inc. a Florida based software development company works for Development of peer-to-peer funding applications including database of lending sources, online applications, borrower profiling, lender comparisons, social networking, collaboration tools, loan monitoring processes, and other features.Company is having more than 17 year year of experience in software development industry and having more than 1500 software developer , who are expert in advance technology used for the software development solutions.
Is there a Peer to Peer lending platform where the decision to lend is made by the individual lender rather than a credit score?
I believe most peer to peer platforms give the lenders an option to choose the profiles they want to invest in. You can go through the portfolio and choose individual borrowers based on various parameters. These can include (as Craig listed below) credit score, salary, company, age, experience, residence, obligations etc etc. This really helps when you are a first time investor as it gives you ultimate control. Over time lenders prefer to park their investments in risk buckets which are defined by the platform based on their underwriting algorithm. You can check the various buckets, their returns, average delinquency and then invest different amounts in each based on the returns you are looking for. To know more about how this works check the following link: Peer to Peer Lending India - Quick & Easy P2P Loan in India
Is P2P lending a good way to make money?
With the decline in the interest rates, Fixed Deposits and RDs no more look as an attractive avenue for investments. Mutual Funds and stocks are linked to the market and are riskier due to its volatile nature. There is no guarantee on the returns as well. Bonds in India do not offer higher returns.Keeping the above points in view, Peer-to-Peer lending or P2P lending looks an attractive choice to make money. Since its inception P2P lending has gained a momentum across the globe. TachyLoans.com is a Peer-to-Peer lending marketplace that connects lenders to borrowers facilitating investment opportunities to lenders and loans to borrowers. Here are some of the many benefits offered by TachyLoans:1. Higher returns:Returns on your investments vary between 11.5%-25% p.a. based on the risk appetite of the lender. Do remember the investment philosophy; ‘High Risk-High Returns’.2. Diversification:Investors have to adopt a portfolio approach that helps them to diversify their investments to lend their money to multiple borrowers based on their investment criteria.3. Regular Income:Investors can earn monthly income with their investments in the form of EMIs and the money gets transferred to their bank accounts on loan EMI date.4. Convenience:The entire process right from registration to submitting KYC documents and investing/borrowing is carried out online. Borrowers does not have to go through the cumbersome process of visiting financial institutions to avail loans, submit physical documents and wait for weeks before the loan application is accepted and the loan amount is disbursed.5. Transparency:Complete transparency is maintained by TachyLoans and the requisite information on the borrower is passed on to the lenders before the investment process starts. This helps the lenders in taking an informed decision on their investments.Kindly visit the link below and register with TachyLoans today to start earning higher returns and regular income on your investments:https://www.tachyloans.com/lende...
What if from a lending club account (peer to peer online lending), I take a loan and not give it back to the lenders?
When taking a loan from any peer to peer lending website, you are asked to sign an agreement which legally binds you to make payments. So if you fail to repay the loan, the company can sue you in court. The process is similar to default in bank loans.Also, Online lending borrowing platforms like Monexo have tie ups with CIBIL and CRIF. So if you default in paying back, your credit rating will drastically go down and you won't get a loan anywhere across the country. Since now bank accounts are linked with Adhaar and pan card, your credit history is easily accessible by banks and financial institutions. So it's not a good option to default under any case.
Is there a peer-to-peer lending company that caters to international borrowers?
Hello I am Mollie and I work for a decentralised peer to peer lending network called Bitbond.We are a P2P lending platform based on blockchain technology so we operate globally therefore we are open to intentional investors.Here is some more information about us:1. Bitbond is the market leader in the p2p bitcoin lending industry, generating over $1million usd in January alone.2. Bitbond offers instant financing to borrowers and a sophisticated AutoInvest feature for lenders. 3. Bitbond has a proven track record, having been in business since 2013 and funding over 2,300 loans.If you're interested check out our website Bitbond - All the best Mollie
What are some good customizable P2P lending software?
P2P lending has disrupted the financial sector and came out as a valuable competitor to the traditional banking model with its instantaneous loan approval process and the prospect of extending credit even to the borrowers with week credit score who wouldn’t normally get a chance to avail a bank loan. The P2P lending software is superior by marketplace lenders and that is highly customizable. The P2P lending loan management software is to link the borrowers and lenders with automated risk evaluation.Finabile is a flexible P2P lending software backed by efficient technology which reduces the workload of P2P Platforms and assists them to exceed the expectations of their customers. Our cost-efficient P2P lending software technology solution comes with an array of enhanced features which would streamline the overall workflow of a P2P platform without making a dent in the IT expense.