A Chasing Sunsets Fund – A Better Way to Plan Nice-to-Haves in Financial
Independence.
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One of the spending needs that many of you would consider as part of the
income needs for your financial independence (FI) or FIRE, is to have
enough mon...
1 week ago
I think the focus for such subprime loans should be return OF capital! Hahaha!!
ReplyDeleteFrom the stats on Funding Societies, defaults are around 1.6% to 2.1% and late payments are about 12.6%. This is for a relatively good economy.
If economy slows down or turns bad, you'll see the stats getting worse.
Hmmm, maybe can use those stats as leading indicator --- they're reflection of weaker SME's & startup entrepreneur wannabe's --- dime a dozen during boom times, but drop like flies during recession.