Are You Eligible to Be a Lender Club Investor?

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Peer to peer lending platforms, such as Lending Club, have been on the rise in the past few years and it only natural that with promises of higher returns on investment than some traditional investment methods, I was curious to finally sit down and check out this opportunity. It turns out that giving $25 (the minimum amount you are allowed to invest in a personal loan) is not that straightforward. There are a number of requirements that you must be able to cover first before being considered for a Lender Club investor. While not as stringent as the criteria that borrowers are judged against, still it appears that not everyone can enter the peer to peer lending scene.
According to official lending club information, you need to be a resident of one of these 25 states to be eligible for as a Lending Club investor: California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Louisiana, Minnesota, Mississippi, Montana, New Hampshire, Nevada, New York, Rhode Island, South Carolina, South Dakota, Utah, Virginia, Washington, Wisconsin, West Virginia, and Wyoming. According to Lender Club, they are aiming to ultimately cover all states, but the process is slow due to the different local legislature regarding investing in securities.
In addition, you need to be at least 18 years of age, which is only logical and a completely sensible requirement. However, this is perhaps one of the easier criteria to meet. You need to have a total net worth of at least $70,000 to be able to invest. This includes all of your assets without counting your house and its furniture or your car(s). Moreover, you need to be able to prove a gross annual income of at least $70,000 as well, which leaves out a large portion of people. There are exceptions to this requirement. If you don’t have the stipulated gross yearly income, you need to provide evidence of net worth of $250,000 instead. Residents of California a bit worse off as they need to prove a gross annual income of $100,000 and equal net worth.
Finally, according to the terms of use of the peer to peer lending platform, you are not allowed to invest more than 10% of your current net worth. According to some lenders, sharing their thoughts in online communities, the net worth checks performed on prospective investors are not too thorough. It is also not clear whether the net worth requirement concerns the entire household, as is the case with credit card applications, or that of an individual. In any case, it seems that as long as the interested investor is from an eligible state and your net worth appears to be in an acceptable range around the specified limit you are good to go.
As you can see, the future of peer to peer lending is still in development. This is only an optimistic outlook, as the business model has already proven to be working over the past few years.

Time Management: How To Do It

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Developing your time management skill is not easy, some people go through most of their life and never develop this skill. For busy people, time management skill is very important because they are your guide into getting a productive day and the goal of time management is to make you aware of how you use your time as a resource in different aspects like organization, prioritization and even in succeeding in your work.

The first thing you have to ask when it comes to time management is this: How do you manage your time every day?

When you have answered this question then you may already have an idea if you have wasted or actually saved a lot of time in your day. Here are our site which can help you, Maureen O’Connell information and we do have a few more tips that can help you in making the best of your time.

1. Set your goals.

We all have plans in our mind even the day or night before. Setting your goals is an important aspect of time management because all your outputs at the end of the day will be based on the goals you have set for yourself. Know what you want and make sure that you do whatever it takes to reach these goals, even if they are only daily ones. This will help you build your habit of reaching goals.

2. Make a list.

Your goals should not only be stored inside your mind. Write it down on a notebook. Keep a journal or a checklist of all the things you want to achieve within the day. There are a lot of things you can choose from beginning with a single to do list or a multiple one. You do not even have to manually write it all down on paper, you can use applications on your phone or tablet to help you keep track of your goals.

3. Go for quality than quantity.

The hard part of the goal checklist is actually trying to do everything as fast as you can only ending up not doing them right. Always remember that quality is better than quantity when it comes to time management. Good time management actually means doing high quality work.

4. Take a break

Most people who are always trying to finish everything do not usually take breaks and this will burn you out. Take a lunch break for an hour and try to relax your body and mind. This can be counter-productive. A study has shown that taking at least 30 minutes away from your desk every lunch can actually increase your concentration in the afternoon making you work better and faster.

5. Prioritize.

Know what job should be done first. Classify your tasks into four major categories:

Urgent and Important

Not urgent but important

Urgent but not important

Not urgent and not important

These classifications will help you know what you should do first and can be your guide in knowing what tasks you should do first and which ones you can do at a later time.

Lawyers Who Don’t Proofread Put Their Clients At Risk

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Lawyers take care of a lot of written legal documents and some of their clients trust them enough about it that they don’t really read it carefully. The problem is 90% off the legal documents have errors in them.

Errors are likely to happen because lawyers are almost always pressured for time. Most of the time, they skipped proofreading their documents because they don’t have enough time to do so. In fact, this is a reality and many already know about it but are not doing something to remedy the problem.

This creates a risk for their clients as well as the firm itself because it can slowly destroy the reputation of the firm. The truth is that lawyers can create more error free documents only if they had help from some of the tools available in the market today. Technology has solutions to these simple problems but lawyers must be willing to learn. Although they are lawyers and they know so much, they could still learn a thing or two on the different technologies that they can use today.

To save on the cost, they can even outsource proofreaders and find companies like Sugaproofread. Like any other proofreading company, there are a lot of Supaproofread review available online to give clients an idea about how their work is. Some law firms are already doing this but there is still a small number of firms as compared to the majority that don’t proofread their legal documents. Legal documents are very crucial and lawyers should understand that this can mean life and death for their clients who trust that they can do a great job at it. All are very hopeful that they don’t disappoint and make excuses because of their mistakes.

The problem lies with the lawyers themselves because most of them do not use the tools and some of them do not even want to use the tools. Most of them also do not know how to use the tools although they are made available by their firms. If they would only take their time to learn more about these tools then the errors in their legal documents could dramatically decrease. Sometimes, they should take initiative in learning these on their own or seeking the help of others for their own benefit.

Almost all of the law firms today are feeling the pressure of having to do more efficient work not only due to their clients but also because of the other law firms that are now around. It is now time to introduce these lawyers to technologist who can help show them how technology can help out in their daily work. It is time for change and improvement so that they can also be more profitable and reliable.

If lawyers continue submitting legal documents that are not proofread, fees will continuously be charged because of their small mistakes, which can be avoided in the first place. Stubbornness will get you nowhere and change is adamant in any field or industry.