With the fast development of internet, the traditional way of lending is changing. Nowadays people prefer to lending online. P2P loans can be a substitute for bank loans. The difference is that companies and individuals can borrow money from dozens or even hundreds instead of borrowing from a single source. In Europe, nowadays while the vast majority of P2P lending activities are concentrated in the UK, accounting for more than 84% of the entire European market. Germany, France and the Nordic countries are also experiencing strong growth. Many counties provide different ways for borrowers to choose. Zopa Zopa is famous…

Someone concluded that Americans make money and spend money on consumption. The American view of consumption and investment is not tied to the family’s asset structure and income structure. In the distribution of private capital, U.S. citizens make up only 15% of their personal financial services deposits in financial institutions, while stocks, mutual funds, bonds, life insurance products and other investments account for 85% of personal financial assets. Among the U.S. family income, wages and other labor income and investment income are equally divided, each accounting for about 50%. The ups and downs in the US stock market have largely…

This year there is many events occur in United Kingdom. Carney will release a semi-annual report of the Bank of England’s financial stability, which could force major banks in Britain to raise their current capital levels. After Britain chose to leave the European Union, the Bank of England immediately injected liquidity into the banking industry and announced a package of emergency measures. And any move to raise banking capital is a direct counter-move after the above move. In addition, it is expected that Carney will also be asked about the relevant issues in the United Kingdom’s exit from the EU.…

The beginning of the European credit card basically synchronized with the United States, brought to France by Dalai Lama in 1955, which is opened France market, and is also the European credit card market. 1961 American Express card was used in France, which promoted the development of French credit card. The United Kingdom also introduced credit cards in the 1960s. Barclays Bank of England and some U.S. banks reached an agreement to issue “Barclay Cards” across the United States and Britain, starting the history of issuing credit cards in Europe. European credit card market is very developed, but the development…

There is many kinds of personal loans now. Personal loans play an important role in commercial life. What is personal loan? It means the banks or other financial institutions provide borrower who meet the conditions with domestic or foreign currency for personal consumption, manufacture or doing business.   Personal loans was rising in World War II in Western countries. It has become an important part in loan business. There is many reasons. The first, the financial institutions had realized how important the personal loans is. So they take measures to promote personal loan. The second, the economic situation after war…

What are the advantages of personal loans? An individual is a loan that a borrower does not need to provide a collateral to pay on the goodwill of the borrower. Personal credit loans are flexible and convenient. Compared with mortgage loans, personal credit loans have more advantages. The advantages of personal credit loans: 1. Low threshold Personal credit loans with good credit loans. The borrowers do not need to provide property, goods guarantee, which greatly reduces the loan threshold, so that many just started working, low income, no mortgage users can apply for a loan. 2. The line of moderate…

Though the proportion of subprime mortgages in the United States is not much , which is 12.5% only, however, due to the amplification of financial marketing, its impact has spread to the U.S. consumer market, macroeconomic and even the world’s capital markets. In order to effectively reduce the bad effects of the subprime crisis and prevent a recurrence of similar problems, the US government had took a number of policy measures and is likely they will introduce a series of new laws after the next president comes to power. 1. The establishment of non profit housing legal consultant agencies to…

The most popular housing mortgage has become globalization with long history which can be traced back to the nineteenth century in Europe. At that time, securitization was mostly done is the bank by the means of issuing mortgage bonds. The modern mortgage securitization was actually originated in the United states. From the end of 1960s to the 70s, the United States had established three government agencies to promote the development of the secondary market of housing mortgage loan, so as to build the world’s most developed mortgage securitization market. Nowadays, in the trade bond market of the United States, mortgage…

It is quite common that we will face the problem of money shortage, and when it’s happens, most people would turn to mortgage loan as it is a much easier way compared with credit loan, and for mortgage loans, the most popular one is housing mortgage   Mortgage loan is a kind of loan that the borrower guarantees to a bank with an certain item, that item can be real estate, vehicle, stock etc. Mortgage loan is protected by loan, hence the borrowers need to pay off the loan before the mortgage date due, otherwise the bank will be authorized…

With the acceleration of urbanization, the real estate industry has sprung up rapidly, with the growth, housing finance pooping up soon afterwards,  and housing finance system has getting stronger. The most common one in the housing finance system is mortgage loan. The current housing financial system in the United States was developed after the Great Depression. In 2001, its housing ownership rate is 67 8%, which is 70% higher compared with the number four years back, and that is inseparable from the support of the financial system.The current housing financial system of the United States consists of a primary market…