Financing your MBA needs lot of research and effort. In this post I would like to share information about alternatives to traditional MBA loans and private vendors. These are called social networking loans or peer to peer loans. (Forbes featured a related article titled "An Alternative To Student Loans." )
Person-to-person lending (also known as peer-to-peer lending and social lending) is, in its broadest sense, the name given to a certain breed of financial transaction (primarily lending & borrowing, though other more complicated transactions can be facilitated) which occurs directly between individuals ("peers") without the intermediation/participation of a traditional financial institution. Organizations which facilitate such loans connect people who want to loan money with people who want to borrow money. Loan rates are usually fair and are fixed for the life of the loan. Here are some sources of P2P lending for your MBA
Lookout for these options when planning your finances for MBA.
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4 comments:
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