The Justinian

You know a market is big when something as widely used as mortgages are playing it too. HSBC has a mortgage that lets you pay in different currencies. It looks like it’s only for UK residents currently, as there is probably much more demand than the United States or mainland Europe.
One interesting aspect […]

Credit card companies, banks, loan sharks, online stock trading sites (make all their money in margin interest), and mortgage companies make a lot of money in the huge business of lending. On a retail level however, lending people money generally isn’t a profitable or painless way of investing. This is changing. “Social lending” is catching […]