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Money Transfer—Its Getting Easier to Send Money Overseas

Money Transfer |
Editor |
Aug 2007 |
15 comments |

Do you send money home to your family overseas?  Or, do you need to be able to pay someone money who lives outside the U.S.?  In the past, you probably either used Western Union or MoneyGram to send money overseas or outside your country.  These are still great options.  However, more and more options are becoming available making it easier and cheaper to transfer money.

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Giving you the knowledge to make better choices

At loanbits we are trying to help people get an advantage on large financial services companies. Our target audience includes people who have limited credit, no credit or poor credit. These people are typically referred to as "subprime", "not credit worthy", or "unbanked". At loanbits, we prefer to call this group of people the "underbanked". There are a lot of underbanked people in the U.S. (with some estimates exceeding 70 Million adults!). "Underbanked" shouldn't mean "underserved". loanbits gives you the information you need to make better choices. Knowledge is power!