How to Invest in Peer to Peer lending using Prosper.com

Have you experienced lending money to your relatives or friends? We know the fact that it is not easy to recover your money. Most especially from people who are close to you, or a family to you. If you have the capacity to do lending business, why not try to Invest your money into a Peer to Peer lending. Give it a try, get to know Prosper.com. A leading lending platform for an investor.

This is a marketplace where lenders get access to lots of people who need to borrow money. And, this is through an online transaction.

silver and gold coins

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What is Peer to Peer Lending?

Peer-to-peer lending is a form of raising funds. Through crowdfunding from people who want to invest money for people who need to borrow.

The borrower is listed after thorough deliberation and verification process. An electronic credit appraisal system that will automatically calculate the interest rates. It will be based on the personal and financial information provided by the borrowers.

Peer-to-peer lending is also known as P2P lending. It is a practice of offering an unsecured loan or lending money to individuals. Or small scale businesses through online services. As qualified by the lenders as borrowers.

Since this lending firm generally operates online. The overhead cost is minimal. And the services provided is cheaper compared to traditional financial institutions. Hence, the lenders will earn higher returns. Compared to savings and deposits or investment through banks products offered by banks.

And borrowers can lend money with lower interest rates, too.

For a comparative analysis, you can search online. Research on the top or best peer-to-peer lending platform.

But among the major players of  P2P lending providers of personal loans we got a decent choice. Prosper is a decent option.

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Why Prosper.com?

Prosper.com is a legitimate online lender. They have been trusted by more than 2 million members. It is founded in 2006. It is known as one of the original online peer-to-peer lenders in San Francisco California.

Prosper offered a good opportunity for lenders. To make a potential return on their investment. And to give access to the borrowers to avail loans at very competitive rates. Prosper accepts not only individual investors. But also institutional ones, like investor club mutual funds and alike.

To know more about Prosper.com when it comes to the cost, loan approval the process.

How to Invest in Prosper?

Step#1: Be a Prosper member. If you find it viable to invest in prosper then you need to do the first which is to be a member.

  • You must be at least 18 years old
  • Must have Social Security Number and have a bank account
  • Prosper requires all members to sign electronically in an agreement. This is a form of acknowledgment to prosper’s term of service

Step#2: Fund your Prosper account. The amount granted for instant inbound transfer is involved between $25 and $10,000. Members are allowed to transfer money at any time. Either to or from prosper account, but subject to a certain modest restriction.

Step#3: Begin the lending process.

  • The listing of each loan contains basic information on the purpose of the loan. As well as the amount, interest, term and rate.
  • The borrower is expected to hide some confidential information. Like financial info, personnel qualification and others.
  • Prosper will publish and calculate the expected return on each proposed loan.
  • The range of loan is from $2000 to $35,000.

Bottomline

If you are capable of investing to peer-to-peer lending choose Prosper.com platform.  Because it has proven track of the record, secure and legitimate. In this kind of investment, you can maximize your ROI. And cut your overhead expenses since all transaction is done through online.

 

REFERENCES

Prosper.com

Loan

Overhead

The 4 Best P2P Lending Platforms For Investors In 2017 — Detailed Analysis

Before You Borrow at Prosper.com

How to Invest in Prosper.com

 

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Earning Amazon Gift Cards Through Trading -In Program

Trading in some of your items in Amazon is one of many ways you can earn money using the platform. It is giving them your old things. Most especially if you have bought it from them, no doubt they got a place for your stuff.

With this program, decluttering your home doesn’t only give you more space but more earnings as well! Sounds terrific?

If yes, read on and know how it works.

design desk display eyewear

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Ways to use the Amazon Trade-In Program

Before rushing out to Amazon’s Trade-In page, check that item first if it’s still worth it. And make sure that to see if it matches the exact version they are looking for. You can find in their search results.  Failing to do this will ultimately waste your time. Just follow this steps as it is pretty simple and doable.

Step 1:  Check this link for the list of the stuff you can trade in through Amazon Program.

Step 2: Go to the Amazon Trade-In page. Search for the items that you want to sell. Include it in your submission, note that you can add more than one item.

Step 3: Choose the right description that reflects the condition of all your items.

Step 4: Accept the offer that Amazon will give to you and proceed to the shipping choice.

Step 5: Wait for Amazon to provide the label for free shipping that you have to print. Pack your stuff and send it off within seven days.

Step 6: They will credit the earnings to your account. It is then once items have been received and accepted by Amazon.

All items that don’t qualify based on the program’s terms and condition will be rejected and returned. I Upon inspection, if it fails the criteria, it will be returned within 14 days. t will be shipped back to the sender without any cost against you.

The Earning Potential

For successful trade-ins, you will get an Amazon credit. This means that payouts will be in a form of gift cards and not cold cash. These will be credited electronically to your account in Amazon. It is not transferable to anybody.

You can enjoy these gift cards by buying items we can find on Amazon. In this way, if you want to give some gift just get it in there on their website and pay using your e-gift cards. Or if you want to buy yourself something, get it from there as well!

Yes, no real cash credits but this is good as it is. I still give you savings and chances to enjoy items you can find in Amazon. With the wide array of choices they have in store, there is no doubt that you can find interesting items. That both you and your family will love.

Wrap Up

Not all blessings come in raindrops. Trading in your items gives you a lot of opportunities to save money. Instead of spending cash to buy items, use your gift cards from Amazon. In this way, you don’t have to break your bank accounts to spend on things you might need or you just wanted.

Other helpful articles:

Amazon Trade-In Program Review: 10 Things You Need to Know

Get Money Selling Products and Services on Amazon

About the Amazon Trade-In Program

5 Tips on How to Start Quality Lead Generation 

Quality lead makes our businesses up and running. There are several ways on how to generate leads. It could be from inbound to outbound or through a lead generation company. Yet, even if the majority of businesses have been using this to keep them alive. There are still others who are not so sure about what is it all about.

This article them aims to touch base on the basics of lead generation. To help everyone relate and soon understand its importance.

So, what is a lead? It as important as the sales itself. We can take it as a basic unit of selling. Because without any lead no sales will happen and no small nor big businesses survive.

They can be an individual. Or a group of people or an entity that whom you are looking forward to doing business with you.

If a person or an entity is showing an interest in the product or services that you are offering. We can classify them as a warm lead. This means, when taken cared well, has a higher chance of conversion into an actual sale.

Lead generation

This is the process of collecting or sourcing out leads. Most leads are generated through buying. Or by creating an awareness as well as the beginning of a person’s interest in any of your product or service offered.

Here are some tips on to generate quality leads:

Tip#1: Get the help of the Lead Generation Companies

Getting quality leads can be challenging if you have no idea an where to find the best sources. In earlier times companies are being challenged even if they are buying leads. Sometimes they paid for it but end up getting an old, existing or inappropriate leads.

So to solve this dilemma, companies have sought for a solution with the help of the advanced system. You can check on these lead providers to get good ones. Some such are SalesOptimize, Hoovers, DiscoverOrg, Found and others.

Tip #2:  Improvement of Search Engine Optimization of your website.

This will help it become more reachable to the right audience. Landing on the first page of Google takes a lot of difference of exposing your site. So make it the next goal to make sure that your target market finds you right away. Also, this increases the traffic of the site which results in higher inbound sales.

Tip #3:  Blogs are one form of a content, yet it plays a significant role.

This can promote your site. And generate leads through other websites publishing your post. The backlinks and leads are generated to your website then. So producing a high-quality blog is a must, to be able to attain this goal.

Tip #4: Landing pages

Its purpose is actually varied, but it is more likely to capture the leads. Here, you will get to ask your target audience with their information. These are data that are essential for the qualification process of the lead.  However, if you are using a third-party company for landing pages.

It is wiser to keep them from outbound campaigns on your server for all the traffic will go to your website.

Tip #5: Current Clients are always your asset.

They can become your lead source whom can be more reliable. So to strengthen the business relationship is the main goal of the company.  That connection with the client is built on trust that started upon sale. So, if they feel secure and confident with us, they can refer us to anybody they know.

Final Thoughts

Quality leads generation is vital to business. As we say that sales are the lifeblood of business, leads are the blood cell of it. If we want to keep out business running for a long time, consider a good plan and pipelines of leads. Don’t forget, strategies need right executions to make it happen right.

 

 

 

RESOURCES

How to Create and Execute a Successful Lead Gen Strategy

10 top tips on how to generate sales leads

5 Best B2B Lead Generation Strategies (That Work in 2017)

Conversion Rate Optimization Blog Practical tips to boost your site conversions

Earn and Learn

12 Summer Jobs Teens Can Earn and Learn

Hilton HotelsA summer job is it? Well, you have landed in the right place! Summertime so some people means vacation, travel or mere fun. Yet, we can do either of those while making money on the side and having a good time.

There are a lot of ways to earn while learning this summer. Keep reading to know how you will spend this season with lots of productivity. Here is a short but meaningful list you can check on.

Category #1: Writing.

woman writing on a notebook beside teacup and tablet computer

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Actually, this is a good fit for every teenager who can write. I mean, who loves to write and wants to learn further.

Job#1: Article Writer

There are many opportunities online that for teens to write and get paid. The works may vary from personal essays to online magazines or websites.

Job#2: Blogger

If you’re a blogger, you can make money through ads, selling products or even e-books. You can start building your audience by writing your own blog or, as a guest writer at other blogs. Showcase your idea and your ability to editors. Who knows a simple summer job may turn out to be a career that you’ll enjoy?

Category #2: Designer.

Most teens are artistic in many ways. And, this equates to the last chance of getting a job that will teach you and pay you more. Explore and let your images capture the moment. Below are just some of the artsy jobs that you may want to get some adventure on.

Job#3: T-Shirt Designer

You can design your own shirts and sell it online. Let your colorful mind create and maybe build a fortune. Visit Spreadshirt, Teespring or Etsy to learn how you can earn with them.

Job#4: Photographer

Capturing special moments. These breath-taking scenes can earn you extra this summer. You can sign up on websites for stock photography and sell your beautiful photos there.

Category #3: Cleaning Jobs

washing a car with a sponge

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Job#5: Car Washer

You can provide car washing services to your neighborhood. Start with your pals, family and maybe try to apply to any car washing businesses nearby.

Job #6: House Cleaner

It is so simple and basic job. Any teenagers who love to organize and keep places neat can apply for this job. This is just as good as extending your household cleaning chores. Somewhere else, but the nice thing is, getting paid for it.

Job #7: Dishwashing Job

Another easy to do a job. Try to apply to restaurants who are accepting teens for summer to fill in the position. Or, even a small cafeteria near your place. They might be needing an extra hand to wash the dishes that customers had left on.

Category #4: Teaching Jobs

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Job #8: English Tutor

Interestingly, you can do this offline too. Yet many opportunities are offered in this job online. No sweat. All you need to do is to apply for a job to teach kids or adults who want to learn your basic language: English.

By conversing with them during tutoring hours gives decent hourly pay. Sounds like a good way to start earning on your own.

Job #9: Dance Teacher

Again, if you got what it takes, so go for it. If dancing is your cup of tea, share it and get paid. By giving dancing lessons to kids in your neighborhood. You can definitely save money for the forthcoming school year.

Category #5: Outdoor Jobs

Job #10: Landscaping

Maintaining a lawn requires planting and gardening. Yet, in this kind of job, being able to work with a company specializing this can help you learn while earning more.

Job #11: Apple Pick

Try to seek for good opportunities in apple orchards and be one of their apple pickers. It is an easy and fun job while enjoying the air breeze and the sunlight. Not only that. There another task that you can explore in plantations aside from being a picker of fallen fruit.

Job #12: Tour Guide

This is an exciting job which teens can do quite well. As long as you are not scared to speak to strangers. And you talk with confidence, you might be a good fit as a guide for tourist. Entertain them with information and lots of stories. Because they want to know more an about the place you are touring them around.

Wrap up

OmahaSteaks.com, Inc.Not all jobs are something we know from the start. Most of them could be something we love to do. Or task that we want to explore and learn how it is done. We are capable of learning, so never be afraid to explore new things. And the best about it is you will earn from it – monetary and experience wise.

Teenagers spending summer working is a good start to get the idea of how to make a living, as an adult. As we all know that everyone goes there. So getting a dose of it will make you become a better spender, employer or even a business owner.

So, if you are a teenager looking for a summer job, make it worthwhile. Not just by earning money but gaining knowledge in whatever endeavor we take.

World Port Seafood

RESOURCES

https://www.thepennyhoarder.com/make-money/100-summer-jobs-for-teens/

https://www.thepennyhoarder.com/make-money/side-gigs/enjoy-writing-7-blogs-want-pay-guest-posts/?aff_id=2&aff_sub2=100-summer-jobs-for-teens

http://www.temaunga.se/en/methods/work-placements-and-active-participation/young-people-and-summer-jobs

https://www.investopedia.com/financial-edge/0612/10-great-summer-jobs-for-teens.aspx

https://www.thebalancecareers.com/

 

 

Debt Free Life

6 Helpful Tips towards Debt Free Life

Hilton HotelsLiving a debt free life is not a mere infatuation. Everyone wants and needs a stressful life. Being trapped in the rat race waking up to work and only to get a paycheck to pay debts. The sad reality is, it would be endless if you won’t plan to escape.

Get out as soon as you can!

So, how? Here are few but helpful tips that you can start with. Read on as this will be your first step towards a financially stable living.

Tip# 1: Make a list of all your outstanding debts.

person holding blue ballpoint pen writing in notebook

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This is an uncanny way to find out how much the total amount of the payable is. It is like a roadmap of where you are heading to. When you paint the portrait of your indebtedness. It will give a better picture of the real situation.

Thus, the visuals will make you understand which direction to take.

Remember these important elements in your debt:

  • List all the names of the creditors you are liable of.
  • Take note of the interest rate it is currently incurring.
  • Be mindful of the remaining balance that still needs to be paid.
  • And, double check the monthly payment to each lender.

It must be included in the list on when or how many years are the target of the debt to zero-out.

Tip# 2: Think on which one to be paid off first.

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So, let us move on. Since you now have a better idea and a clearer picture of the totality of your debt, take a breath. Yes, let the air feel in your lungs and decide which one among the list that you want to be taken out first.

Make an approach that will make you win the battle. Take a look on which one gets the highest interest rate and aim to pay it off first. This is the best strategy because it gets a large part of your earnings.

Tip# 3: Seek for a lower interest rates solution

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The high interest rated loans make your debts become even harder to pay off. Hence, negotiate with the lender to give you a lower interest rate to pay off your balance. Try these little steps to get the lessened rate.

  • Check if you are eligible for a better rate based on credit.
  • Sign up on com and find out what low rate balance transfer you can have. And, merge all loan balances to pay off all the high-interest rate.
  • Call your lender or Credit Card Company. Negotiate an interest that is doable for you to pay off all the balance.

Once you have done this, give yourself two thumbs up! You have taken a leap towards your debt free road map.

Tip# 4: Build your emergency fund.

pexels-photo-164661.jpeg

Photo by Pixabay on Pexels.comOmahaSteaks.com, Inc.Why is this important? Look at it as an emergency situation of your financial status. Being in debt is like in a situation that you need to be freed as soon as possible. Because, the longer you stay in the loop of indebtedness, the stressful it gets.

Another point of view is that if you don’t have an emergency fund. Any some unforeseen circumstances occur can put you in debt. Because you will have to solve a financial shortcoming without an emergency fund, where do you go? And the worst scenario will be, getting the bait of a high interest rated lenders.

Tip# 5: Organize and plan for a budget that records all your cash inflows and outflows.

black calculator near ballpoint pen on white printed paper

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Be committed to meet the purpose of paying off your debts. So, making a budget will help you see the ins and outs of your income. Plus, with supplementary efforts below, the goal becomes more achievable.

  • Avoid temptations
  • Pay credit cards or other loans more than the least amount due.
  • Find ways to get extra earnings to tie both ends. Get a second job, if you can.

Tip#6: Keep a perpetual or secure employment

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With all the suggestions we have mentioned above, this tip deserves a slot on its own. Because true enough that nothing will be organized and budgeted if there will be no influx of cash. Sounds sensible. Our jobs are our valuable assets, our business and employers help us with it.

Closing

In conclusion, a debt-free life is one of our ultimate goals. Since it relieves us from a stressful financial status. We don’t have to enslave ourselves from running in circles but never gets to an end. Certainly, there will come a cessation of the rat race, take an action now.

World Port Seafood

RESOURCES

https://www.credit.com/debt/get-out-of-debt/

https://www.iwillteachyoutoberich.com/blog/how-to-get-out-of-debt-fast/

https://clark.com/personal-finance-credit/how-get-out-debt-quickly-5-simple-steps/

https://www.listenmoneymatters.com/how-to-get-out-of-debt/