Peer-to-peer lending with Constant

WanderLearn: Travel to Transform Your Mind & Life

Content provided by Francis Tapon. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Francis Tapon or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

4y ago 18:05

MP3•Episode home

Archived series ("Inactive feed" status)

When? This feed was archived on September 27, 2020 19:10 (3+ y ago). Last successful fetch was on August 27, 2020 21:18 (3+ y ago)

Why? Inactive feed status. Our servers were unable to retrieve a valid podcast feed for a sustained period.

What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.

Want more money to travel or hike?

Although being a frugal traveler is half the battle, the other half is making money.

There are three ways to make money:

Getting paid to do a job
Investing it
Stealing it

Since we're all boy scouts, we'll skip the third option.

Most people focus on option #1 (e.g., your salary).

We often ignore the second option: investing it wisely.

After traveling for 3 years in Eastern Europe, I returned to the United States with more money than I left with! And no, I didn't work for those three years.

How did I pull that off?

Smart investments.

I'm not a financial adviser, but after learning about Constant and peer-to-peer lending, I believe it's something everyone ought to be aware of. Now be careful because it's risky, but if you tread lightly and do well, you might want to up your investment.

Start with $100 and then go up from there.

I had a video call with the Communications Manager at Constant, Chris Roper.

Chris Roper and I discuss:

What is peer-to-peer lending?
What kind of interest rates can you earn?
What is a loan that has a 150% collateral?
Why is cryptocurrency good collateral?
What does "top-up" mean?
What are the risks?
How big of a loan can you get (or offer)?

In the unlikely event that your loan defaults, Constant liquidates the collateral and repays you in USD, not in cryptocurrency. Therefore, if you're doing this with the hope of getting some bitcoin, this is not the way to do it.

Have you tried Constant? Share your experience with me.

Have you tried peer-to-peer lending elsewhere? How did it go?

To learn more, go to: https://www.myconstant.com/sign-up?r=ftapon

More info

You can post comments, ask questions, and sign up for my newsletter at http://wanderlearn.com.

If you like this podcast, subscribe and share!

On social media, my username is always ftapon. Follow me on:

My Patrons sponsored this show!

Claim your monthly reward by becoming a patron at http://Patreon.com/FTapon

Rewards start at just $2/month!

If you prefer to do a one-time contribution, you can send it to my PayPal at FT@FrancisTapon.com

If you prefer giving me Bitcoin, then please send BTC to my tip jar: 3EiSBC2bv2bYtYEXAKTkgqZohjF27DGjnV

101 episodes

#Lifestyle #Travel #Francis Tapon #Society