When one door closes, another opens. Whilst other p2p lenders in the NZ market may be reducing opportunities for retail investors, Squirrel are doing quite the opposite. We're adding to the investment opportunities through our p2p platform and improving our processes overall.
Bitcoin has been in and out of the headlines recently, almost as much as it’s been going up and down in value. So what's the fuss about and how does it work?
Consumers typically don’t pay off their credit cards each month. With a $15,000 balance and an average rate of 21%, it costs $3,000 a year in interest ($250 per month in interest alone.) But most people don’t see that because it is a revolving debt that goes up and down.