3000 loan *BONUS* - Great site to borrow or invest in loans

Here is a special treat for you.  I’ve recently discovered a site that you can borrow (obtain a 3000 loan) or invest (issue a 3000 loan and collect interest).  If you ever heard of peer to peer sharing; like Napster, this is sort of a peer to peer lending site.  This site is amazing because they’ve created a community bank that is truly for the people, by the people.  Here is a ‘how it works’ bullets points directly from the site:   

•  Borrowers choose a loan amount, purpose and post a loan listing.

• Investors review loan listings and invest in listings that meet their criteria.

• Once the process is complete, borrowers make fixed monthly payments and investors receive a portion of those payments directly to their account.

I am providing a link to the site at the end of this article.  I must stress, this is just food for thought, but don’t go by my word check it out for yourself.  I have used the site several successful times for many different uses as both a borrower and investor, I even used interest received as an investor to pay balances on my loans on the site; it’s great.  Anyway, here is the site:Prosper Loans

Take care all!  Thanks for looking!  Feel free to comment!

3000 loan - Very Informative YouTube Video on entire loan process

Here is a video I thought I’d share for the 3000 loan blog.  I assume it originally is intended for mortgage applications, but mostly applies to loan applications in general.  Not one single dislike! (Last I checked: October 3, 2011).  So hopefully this answers some of your questions and fears of applying for a loan.

Here it is:

Here’s the link: http://www.youtube.com/watch?v=1dOOvClDM10

3000 loan - Consolidate graduate student loans

Going through the experience of having a student loan could be described as having a monkey on your back.  Student loans are useful temporarily, but repaying a 3000 loan could take 2 to 3 times as long as the period which you were using it.  Now some of us want to continue after college and pursue higher degrees.  This almost always requires a new loan application, increasing the amount and the number of debt you have, and a lot of times you are dealing with more than one bank.  This could get complicated, and can really affect your personal life.  One solution would be to consolidate all your loans into one big account.  Let’s say you have 3 different loans from 3 banks, you could open a consolidated and simply transfer all 3 separate accounts.  The benefits are plenty; first, this saves you time and I believe being organized is essential in finance.  Second, in consolidating all accounts, you could get a lowered interest rate which would dramatically decrease your overall payment.  A lot of these accounts let you break down and schedule payments, and even amounts you pay to realistically pay off your debt.  Lastly, you get the peace of mind that comes with knowing that all your debt is in one place, and you’re paying the entirety.  This way, there’s no forgotten or misunderstood “individual” 3000 loan account that becomes a splinter and if left unnoticed and unpaid, could ruin your credit, which could take years to rebuild.  There are many ways to consolidate, you could do a search on Google.com, or visit your local bank or accountant.  I personally would take the time to research this personally, because as you know yourself best, you know what to look for.

3000 loan - How to pay off your student loan with ease

The first thing you have to realize is that having debt is not bad; it’s having too much debt that’s really stressful.  First of all, let me say off the bat, that expression “robbing Peter to pay Paul” is the worst thing you could do.  All that means is that you’re using credit to pay your loans, thereby increasing, not decreasing your debt.  A 3000 loan that you pay with your credit card is what I mean.  This will look like having bad credit overall to banks.  One book I would recommend as a general guide on money is; “Multiple Streams of Income” by Robert Allen.  He explains that there are 7 essential money skills, they are; value money, control it, save it, invest it, make it, shield it, and finally share it.  Now in order to realistically pay off what seems insurmountable, you must have a realistic action plan in place to attack the problem (I emphasize on “realistic”).  First, be aware of how much you owe; don’t complain or worry about this as you’re just wasting energy doing that rather put your anger or anxiety to work to empower you to action.  Next, decide on how long you want it to take you to pay it off entirely.  Lastly provide the income to make it happen.  Now I know many people have problems with producing income, be it layoffs, or unemployment, just remember as long as you’re alive, you have all the power you need to make as much money as you want.  All you have to do is make a decision, believe in yourself, and take action.

3000 loan - Fixed rate secured loans

There are all types of loans out there that provide all types of functions for specific needs.  While there is a difference between personal loans and commercial loans, fundamentally they are the same.  There are payday loans; which is basically a very short-term loan that you can use to pay bills until you get your paycheck from work to repay.  There are auto loans specifically to purchase a vehicle, and then there are different concepts within the world of credit in general.  Cash advance is a term that provides fast cash to the individual, what that means is that you are specifically borrowing from your credit (most common example are certain credit cards).  If you’re in need of a 3000 loan for any reason at all, a fixed rate secured loan could be good for you.  The most common fixed rate secured loans are home mortgages.  The loan is referred to as a “secured” loan because the bank uses the value of the property you are using as collateral against the loans.  Many people choose to take advantage of this type of loan because they are able to purchase a home that they would otherwise not be able to afford by paying a reasonable amount each month over the course of years.  Secured loans are great, you can put up an item that your purchasing with the 3000 loan and use it as collateral or put up your own; like money in your savings account for example.  As with any form of debt do not abuse this power; use it wisely after all when you mortgage your home your using leverage.  This is the same thing with mostly all credit.  If you use it to its advantage you can really grow wealth.

Youtube Video - 3000loan - Blog guide about managing student loans and more

Here is my first video on youtube for 3000 loan.  Just thought I'd share it here...
http://www.youtube.com/watch?v=46AfiFgqnVk

3000 loan - General Knowledge

Credit, also called debt, to many, is quite an obscure concept.  I just want to point out the basics of how credit works and functions in the lives of everyone.  No matter the amount your looking for; be it a 3000 loan more or less, all that matters is what will you do with it.  Now a question you may have is:  

Is there any truth to getting a loan online?

Yes you can!  All you have to do is look, but believe me its like look for gold in a junk yard!  There is just so much scam out there, its nuts!  OK, don't worry I promise I will post a bonus article identifying those very sites, but before I do, I want to make sure it is 100% legit, so I'll still researching it.   So keep an eye out as I will be posting this article very soon!