Lists of alternative financial services: Difference between revisions

    From Consumerium development wiki R&D Wiki
    (→‎List of P2P financial services in UK: + https://www.growthstreet.co.uk/ P2P financing for businesses)
    (→‎List of P2P financial services in UK: + https://www.crowdproperty.com/ P2P funding for real estate deals)
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    * http://www.buy2letcars.com/ P2P funding for purchasing cars to lease out to individuals.
    * http://www.buy2letcars.com/ P2P funding for purchasing cars to lease out to individuals.
    * https://crowdforangels.com/ P2P bonds and shares based financing for businesses
    * https://crowdforangels.com/ P2P bonds and shares based financing for businesses
    * https://www.crowdproperty.com/ P2P funding for real estate deals
    * https://www.folk2folk.com/ [[w:Folk2Folk]]
    * https://www.folk2folk.com/ [[w:Folk2Folk]]
    * https://www.fundingcircle.com/uk/ - investor-to-business loans [[w:Funding Circle]]
    * https://www.fundingcircle.com/uk/ - investor-to-business loans [[w:Funding Circle]]

    Revision as of 17:45, 22 May 2017

    This is the Consum(er)ium list of alternative financial services lists.

    http://velallisten.yhteinen.asia and http://vertaislainaajien.yhteinen.asia redirect here.

    Consum(er)ium list of alternative financial services lists

    Spectrum of consumer finance

    Predatory lending -> payday loan -> proletariat finance -> peer-to-peer loan -> credit card debt -> bank loan

    What is alternative finance? What are alternative financial services?

    “Alternative Finance refers to financial channels and instruments that have emerged outside of the traditional finance system such as regulated banks and capital markets. Examples of alternative financing activities through 'online marketplaces' are reward-based crowdfunding, equity crowdfunding, peer-to-peer consumer and business lending, invoice trading third party payment platforms.”

    “Alternative financial services (AFS) are financial services provided outside traditional banking institutions, on which many low-income individuals depend. In developing countries, these services often take the form of microfinance. In developed countries, the services may be similar to those provided by banks and include payday loans, rent-to-own agreements, pawnshops, refund anticipation loans, some subprime mortgage loans and car title loans, and non-bank check cashing, money orders, and money transfers. It also includes traditional moneylending by door-to-door collection.”

    Often the spectrum ranges from brute loan sharking in operations known as w:payday loans all the way to almost respectable interest taking of non-collateralized loans.

    What is APR, why does it matter?

    “APR stands for the annual percentage rate.”

    ~ everyone on annual percentage rate

    “[...] In many countries and jurisdictions, lenders (such as banks) are required to disclose the "cost" of borrowing in some standardized way as a form of consumer protection. APR is intended to make it easier to compare lenders and loan options.”

    ~ Wikipedia on annual percentage rate

    “In EU all loaning operations must show the APR for their example loans that they use to market their services.”

    ~ European Parliament on law regarding advertisement of loans
    • APR can range from hundreds of percent to few tens of percent. Credit card debt is usually in the 10-15% zone.

    Peer-to-peer lending, peer-to-peer investing and socially responsible investing

    “Peer-to-peer lending, abbreviated P2PL, is the practice of lending money to unrelated individuals, or "peers", without going through a traditional financial intermediary such as a bank or other traditional financial institution. P2PL is not to be confused with peer to peer investing (P2PI). This lending takes place online on peer-to-peer lending companies' websites using various different lending platforms and credit checking tools. Many also use the abbreviation "P2P" when discussing the peer-to-peer lending or investing industries more generally. Peer-to-peer lending is also known as crowdlending.”

    “Peer-to-peer investing (P2PI) is the practice of investing money in notes to borrowers who are requesting a loan without going through a traditional financial intermediary and who are unknown to the investor.”

    “Socially responsible investing (SRI), also known as sustainable, socially conscious, "green" or ethical investing, is any investment strategy which seeks to consider both financial return and social good.”

    “Equity crowdfunding is the online offering of private company securities to a group of people to investment.”

    “An ethical bank, also known as a social, alternative, civic, or sustainable bank, is a bank concerned with the social and environmental impacts of its investments and loans. The ethical banking movement includes: ethical investment, impact investment, socially responsible investment, corporate social responsibility, and is also related to such movements as the fair trade movement, ethical consumerism, and social enterprise.”

    ~ Wikipedia on ethical bank

    Microfinance and microcredit

    “Microfinance is a source of financial services for entrepreneurs and small businesses lacking access to banking and related services.”

    ~ Wikipedia on microfinance

    “Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment and a verifiable credit history.”

    ~ Wikipedia on microcredit
    More reading Impact of microcredit

    Multiple countries / global

    Meta-Searches

    Asia

    Australia

    List of P2P financial services in Australia

    China

    List of P2P financial services in China

    Hong Kong

    List of P2P financial services in Honk Kong

    India

    List of P2P financial services in India

    New Zealand

    List of P2P financial services in New Zealand

    Singapore

    List of P2P financial services in Singapore

    Europe

    Lists of P2P financial services in Europe

    Czech republic

    List of P2P financial services in Czech republic

    Estonia

    List of P2P financial services in Estonia

    Finland

    List of Finnish alternative financial services lists

    View Consum(er)ium list of price comparison services in Finland for more finance related comparison shopping websites].

    List of P2P financial services in Finland

    Lists of P2P financial services in Finland

    List of alternative investment schemes in Finland

    France

    List of P2P financial services in France

    Germany

    List of P2P financial services in Germany

    Ireland

    List of P2P financial services in Ireland

    Italy

    List of P2P financial services in Italy

    Lithuania

    List of P2P financial services in Lithuania

    Netherlands

    List of P2P financial services in Netherlands

    Poland

    List of P2P financial services in Poland

    Slovakia

    List of P2P financial services in Slovakia

    Sweden

    Lists of P2P financial services in Sweden

    UK

    List of P2P financial services in UK

    Lists of P2P financial services in UK

    Middle East

    Israel

    List of P2P financial services in Israel

    United Arab Emirates

    List of P2P financial services in UAE

    North America

    Canada

    Lists of P2P financial services in Canada

    USA

    Lists of P2P financial services in USA

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