Peer-to-peer lending with Constant

Peer-to-peer lending with Constant

Author: Francis Tapon July 10, 2020 Duration: 18:05

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:


  1. Getting paid to do a job

  2. Investing it

  3. 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

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There's a certain kind of travel that changes you, not just your location. It’s the slow, immersive kind where the journey itself becomes the teacher. In WanderLearn: Travel to Transform Your Mind & Life, Francis Tapon acts as your guide into this world, exploring how leaving familiar ground can fundamentally reshape your perspective. This isn't about quick tips or itineraries; it's about the deeper conversations that happen at the crossroads of culture, society, and personal growth. Each episode delves into how we engage with places and people, often weaving in discussions about the role of modern technology in both enabling and complicating these profound experiences. You'll hear stories and insights that challenge the conventional tourist mindset, pushing toward a more thoughtful, engaged way of moving through the world. Francis draws from a wealth of experience to discuss concepts like vagabonding and deep travel, making the case that the greatest souvenirs aren't trinkets, but transformed thoughts. Tuning into this podcast feels like sitting down with a well-traveled friend who understands that the real destination is often a shift within yourself. It’s for anyone who believes that travel, at its best, is a powerful catalyst for learning and living differently.
Author: Language: English Episodes: 388

WanderLearn: Travel to Transform Your Mind & Life
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