How Peer to Peer Loans Work

peer to peerIf you are trying to either get a loan for yourself or for your business, then you know that traditional banks and other financial institutions have changed their requirements. These changes have made it much more difficult to get a traditional loan. Lucky for you and the rest of us, there are more non-traditional loans available than ever before and one of the best to give a short is Peer-to-Peer loans

The best place to start is explaining what this type of lending is. It is built on the same technique that many startup businesses have used for decades, getting loans from people you know. It’s an age old practice to fund new businesses by getting loans from friends and family.

Peer-to-Peer lending brought this to the next level. You are no longer required to go “hat in hand” to people that you know. This can lead to many problems. This type of lending works on the concept of getting loans from individual investors but doesn’t require you to know the people at all. It only requires you to use a service that is meant to bring potential borrowers and investors together.

Prosper is One of These Sites

This business is built around the idea of offering this type of lending. They utilize a system that allows borrowers to connect with potential individual investors. This system goes around the traditional lending institutions, opening up a new world of possibilities for both the investor and the borrower.

How Borrowers Get Money

This system does have some similarities to traditional loans, but also has some very distinct differences. You do need to fill out some information. But, the amount of information needed is far less that what a bank would ask for. A potential borrower puts in the amount of money they are requesting, what they will be using the loan for, and creates a listing for their loan request. Investors are then able to browse these listings and provide funds for projects that they like.

More Streamlined Approach

Just like the age old approach of getting money from relatives and/or people you know, the concept is very straight forward. Potential borrowers are dealing with investors directly. Both parties are able to discuss and negotiate terms that they are comfortable with. Borrowers are not required to get a loan from just one investor. They can work with multiple investors to get the full amount that is needed.

Non-traditional loan options are becoming commonplace. There are still many “traditionalists” that state many different problems with it. But, sites like Prosper are truly becoming the future of loans.

Borrowers are able to pay lower fees, work with more than one investor, and get terms that are cheaper than traditional options. Investors are able to get better returns for their money, know more about what they are investing in, and work directly with borrowers. It is simply a system that shows how much the market is changing and how more customer centered it really can be. You now understand why so many are looking to answer, how Prosper peer-to-peer loans work.

 

How to Relax and Alleviate Stress Using Apps

happyWho wouldn’t like to be happy? If it’s only possible, everyone would just like to be happy and live a stress-free life. However, since this can never be possible in real life as problems and challenges are part of living, what people do to hang on and survive is to find ways to gain happiness and find relief from their sufferings.

Finding happiness is not all about having lots of money, getting married to the richest man in town or having the most voluptuous body. People have long realized this fact as they get all the stresses and preoccupations in today’s fast-paced, demanding, and pressuring world. Do you like to know how most people cope? Smartphones are one way.

As the name suggests, smartphones are smart gadgets that let you do many things like playing games, watching movies, shopping, visiting social media, reading news, and more. And with the advancement of technology, applications turn into a must. Applications, which are called apps for short, come in wide range of uses.

There are apps that let you find the right way, there are apps that let you know the fashion trends across the globe and for your total satisfaction, there are now apps that can make you relax and can relieve your stress.

These apps will let you rejuvenate your mind and soul as you pause for a break from a stressful work or from anything that’s pressuring you right now.

Want to know the 3 best apps that can help you relax and reduce your stress? Here are they.

 Breathe2Relax 

Obviously, breathing is important to survive. But aside from that, it is also substantially important to managing panic attacks and for meditation. Surely, you have been told before that closing the eyes and breathing during a pressuring episode of your life. And while you feel relaxed doing it, you realized that focusing on your breathing also helps you to let go of unwanted thoughts and to just center your mind to anything that’s keeping you alive up to now.

Breathe2Relax helps to develop stress-relieving breathing techniques. It provides numerous exercises on diaphragmatic breathing or simply breathing from your stomach that can help reduce anxiety, depression and to fight stress. During every session, you also have the option to listen to music. Both compatible with phones and tablets, this free app also has a feature for stress tracking. Whenever your world is turning upside down, just use this app.

Relaxing Sounds of Nature Lite

relaxingAs a free app for iOS devices, this app offers nature-based sound escapes. If you’re within an area filled with so much distractions, just put on your headphone and open this app to hear some soothing sounds that will surely help you relax. The app comes with nature sounds like crashing waves, crickets humming, whale calling, pouring rain and other beach and natural sounds from nature. To further relieve your stress, the app also lets you create sounds together with images from your own sound and visual soundboards. This way, you’ll be able alleviate stress and have something to hear as you lie down and get sleep.

 Happify. 

A both free and paid app for Android and iOS devices, Happify is the app that will make you happy. It is based from the 5 things that make people happy which include savoring, empathizing, aspiring, giving and thanking. Upon launching the app, you will choose what you want to track, like building self-confidence or dealing with your negative thoughts. It will then give you several activities everyday like games, quizzes and activities to help you achieve your goal. The premium version of the app has more activities to enjoy and feel relaxed.

 

Ways to Properly Maximize Customers’ Shopping Cart Experience

customerHow do the pros rake in e-commerce profits day after day? The e-commerce industry, like any other industry, has its own “secret code” of best practices that it pays to get more familiar with and actually study.

After investing in a powerful e-commerce solution, you’re now ready to bring the best shopping experience to your customers. Unfortunately, not everyone knows how to do this but it has to be done if you want to make the most out of your subscription. Settling into a platform that allows for easy customization is key.

You can now modify an e-commerce platform until you get the look and feel that will rake in maximum profits. However, a powerful shopping cart infrastructure still needs to be paired with effective customer engagement.

There are major steps that you should take to maximize customer engagement in your online store:

 

Simplify the shopping experience.

The idea of online shopping takes off from real-world shopping where people are able to browse products, examine the ones they like and immediately pay for items that stay in the shopping basket. When you design your own retail website using shopping cart software, make sure that people can buy what they want and fast.

Reduce the number of clicks and pages between product selection and final checkout. Buttons should carry customers straight to their intended destination.

If a button says “Express Checkout” or “Instant Checkout”, clicking on it should take the customer straight to payment and shipping options. Don’t be tempted to add random promotional pages in between to encourage customers to add stuff to their basket. The logic behind this is simple: if your customer wanted it, he/she would have searched for the product and added it to the basket.

 

Don’t add unnecessary pages between product selection and checkout

Doing so will increase the number of abandoned shopping carts. Why? Because people get distracted and irritated easily. Once a customer becomes distracted, he/she can decide to postpone the purchase for a day, week or month or worse, he/she may never return again.

 

Give customers the freedom to choose.

Being an aggressive marketer is fine: you have to bring your store and branding to the most number of potential buyers to increase traffic to your store. However, your aggressiveness should begin to wane the moment an online customer arrives at your online store.

 

Avoid interfering with your customer’s shopping experience.

If you’re going to use pop-up promotions, do so only once or twice and only if you have a genuinely good offer for your customers.

It’s also a good idea to encourage customers to put as many items as they want in their shopping carts by making the “Add to Cart” button more prominent in every product page. While the “Buy Now” button works for a small percentage of customers who are looking for very specific products, the same does not hold true for the majority of buyers.

Ironically, the “Buy Now” button tends to repel customers as it imposes upon the buyer a commitment to pay for an item immediately. People don’t like that at all. The average online shopper likes to “window shop” for a period of time and examine all of the goods in the shopping cart before deciding which ones to keep and which ones to eliminate.