How to Crowd Source Your Lending Club Investment Criteria

July 8th, 2010

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A number of personal finance bloggers have posted the criteria that they use to determine which Lending Club loans that they invest in.

Own the Dollar looks for borrowers with “C” credit ratings or lower, longevity in the borrower’s job and borrowers that request smaller loan amounts. He also looks for borrowers with low credit utilization ratios and doesn’t invest more than $50.00 in each loan. Steadfast Finances doesn’t place more than $25.00 in each loan and accepts borrowers that have credit scores of 679 or above and are taking out loans for specific purposes. He also looks for borrowers with job security and a low amount of existing debt. Five Cent

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Unions accept Eskom offer ‘in principle’

July 8th, 2010

Eskom’s three unions have “in principle” accepted the power utility’s latest wage offer, they said on Friday.

Solidarity, the National Union of Mineworkers (NUM) and the National Union of Metalworkers of South Africa (Numsa) said their members were happy with Eskom’s 9% wage increase and R1 500 housing allowance, but that they had not signed the deal yet.

Eskom initially offered an 8,5% wage increase and a R1 000 housing allowance. The unions had wanted a nine percent wage increase and a R2 500 housing allowance, and threatened to strike if their demands were not met.

Solidarity’s Jaco Kleynhans said the union had been mandated by its members to accept the offer.

“We haven’t signed yet. Th Read more…

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Corporate Donations Remind for Haiti Need

July 5th, 2010

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Cycdor, a provider of outsourced, face-to-face sales team, has made a donation of 25 large boxes of items including clothing, shoes and first aid supplies to earthquake survivors in Haiti through Haiti Gospel Mission, a non-profit located in Despinos, Haiti.

Although the Haitian earthquake is several months behind us, there is still substantial long term need for the country of Haiti. Thousands upon thousands are homeless and the country’s infrastructure has been strained. Orphanages are now seeing double and triple their previous numbers. T

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New race for Transnet post

July 5th, 2010

Transnet has wasted no time after firing freight boss Siyabonga Gama in identifying candidates for the parastatal’s top job.

  • Gama supporters say he is victim of a witch-hunt

Gama was summarily dismissed this week following a disciplinary hearing in which it was found there had been an irretrievable breakdown of trust with the board.

Five candidates are being touted by Transnet insiders as successors to acting Transnet chief executive Chris Wells. The talk within Transnet is that Wells will follow former Transnet chief executive Maria Ramos and join Absa.

Acting Transnet Freight Rail (TFR) chief executive Tau Morwe is one of those mentioned as a candidate for the top job. Read more…

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Google’s buying binge

July 5th, 2010

One small acquisition a month, Google chief Eric Schmidt projected last fall when announcing the internet giant was back on the hunt for privately owned firms after a short recession-induced break from buying.

“There may be larger acquisitions, but they really are unpredictable,” he told Reuters at the time.

Google has mostly stuck to its plan and even made of few of those riskier big buys. Since Schmidt’s revelations, the Web search giant has scooped up everything from small start-ups to much-larger industry rivals such as mobile advertising firm AdMob, a $750 million acquisition that many thought would land Google in an antitrust court battle. Indee

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Best Walgreens Deals – 06/27

June 30th, 2010

Here are the best Walgreen’s Deals for this week. Thanks to Mommies with Cents for sharing them. You can see the entire list of Walgreens deals here.

Act II Popcorn $1
-$0.40 from 6/20 SS
–$1/2 Coupon
=$0.50-$0.60 each

Reach Crystal Clean Toothbrush $0.99
-$0.50 from 4/11 RP
=$0.49

Blistex Fruit Smoothies Lip Balm $2.99, Get $2.99 RR
=FREE

Airplus Ultra Moisturizing Socks for Her $3, Get $3 RR
=FREE

Flexitol Blistop $5, Get $5 RR
=FREE

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