Although peer to peer lending has been gaining steady popularity among investors and borrowers alike, still there are many people who feel a bit uneasy when it comes to seeking a loan in this trending way. People who don’t feel comfortable using technology are wary of the fact that all transactions are conducted entirely online. Others are still convinced that this is the next loan scam business they can’t trust. Still others believe that they simply don’t qualify for a peer to peer loan and never bother to check whether it may be the right solution for them. (If this is the first time you are hearing of peer to peer lending, you might want to take a look at this material first for extra information on the process Lending Club).

We have outlined the peer lending process from the borrower’s perspective, so you can get a better idea of what lies ahead and decide for yourself whether it is worth trying.

Check eligibility and rates

This is the first step in determining whether P2P lending is right for you. Enter the amount you need in either Lender Club or Prosper (the most popular P2P platforms) and provide the necessary additional details. You will instantly get an estimation of annual interest rates, a loan grade that signifies its quality, the amount of monthly payments required, as well as a list of available offers for your situation.

Select an offer

Based on the information you have provided the website will return a number of offers for different loan amounts and the associated rates. It is recommendable that you pick a loan that is most closely to what you currently need and not what seems like an attractive offer. After you select an offer you are prompted to complete a profile and link it to your bank account. Keep in mind that loans are only available for 3 or 5 year periods (Lending Club).

Wait for funding

After your account is all set up on your side, your loan will be listed for investors to see and will appear in their search results if they enter matching criteria. If the amount is small (minimum 1,000 for Lending Club), generally the loan gets funded pretty quickly (especially if it is a grade A or B loan). Once the loan is fully funded, you will receive a notification about it.

Verify your identity and get the cash

Before you can cash in, you need to go through a more detailed verification process. You need to provide proof of identity, your most recent tax return and a W2 form via fax or regular mail. It is likely that you will also be contacted on the phone for further verification. Once this stage is completed successfully, you can expect to receive your full loan amount within a couple of days. Since the entire process is so transparent and there are no additional costs incurred on the borrower’s side, while at the same time offering lower interest rates than banks and credit cards, peer to peer lending might just be the future of all lending.

An organizational structure usually determines the flow of information in a company or an organization. There are different types of organizational structures and each of them is unique in their own way. These organizational structures help determine the success of a company since communication is one of the most important aspect of any organization, may it be a business organization, a non-profit, a government or bodies of organizations like universities or schools in general.

Organizational structures were already around even during ancient times. This can be exemplified by our ancestors who used organizational structures in tribes or in hunting groups. Here you can see that organizational structures help in the day to day activity of a group of people. An organization’s efficiency is as good as their organizational structure and it is very important that when establishing an organization, you know what organizational structure will work best with you and your team.

Throughout the years, there are types of organization structures that rose and have been followed. The first kind of organizational structure is the simplest one, the Pre bureaucratic structure. This structure lacks the capacity to standardize task. It can also be called the entrepreneurial structure because most organizations that are fairly new use this structure. Simple tasks can be easily done using the pre bureaucratic structure because here we can see that the structure is 100% centralized, meaning the leader is the one making all the important decisions and communication is done by conversations. This structure is highly recommended for new businesses and new owners who want total control of the organization but still allow personalized communication. The next structure is what we call bureaucratic structure. In bureaucratic structure, we see some degree of standardization. This structure is better suited for larger or more complex organization. This structure gives a clear definition of the roles and responsibilities of every member of the organization. There is a hierarchy and respect for merit. The bureaucratic structure is a rigid and strict structure. Most of the time the one on the highest rank makes all the decision and people on the lower part of the rank do not get to have a say. The flow of information usually comes from above the rank. This structure is very stern and its advantage is that it may discourage the creativity and innovation of the people inside the organization. This kind of structure will usually have a hard time keeping up and trying to adapt to the ever changing conditions of the market. The last kind of structure is the post bureaucratic structure. This structure is said to be used in two senses when it comes to organizational literature. The first one is generic and more specific, pertaining to ideas that have been developed around the 1980s. the second pertains to a structure that is used on a fundamentally non bureaucratic structure.

Now that you know the main organizational structure, you get to have a broader idea and a better understanding on why organizational structure is very important and can determine the success or failure of a company. Please visit our site here, Maureen O’Connell 2014 for more details and information regarding to organizational structures.

Contrary to what most people believe, editors do not just sit behind a desk waiting for articles to be submitted to them. They also do a fine job in editing and proofreading the articles so that they can be as near perfect as possible. So what does it take to become a respectful editor? Well, it takes a lot of hard work, attention to detail and patience.

Employers looking for an editor may have posted their job vacancies online and they may also allow applicants to submit their resume online. This is easy to pass because you can always have someone else proofread your resume and your application letter. The internet provides you with lots of editing service information so you can choose from a variety of companies that offer this kind of service.

Now that you have passed the first step, you are now called for an interview and most probably tests. These tests are given so that they could test your proofreading and copyediting skills. With these test, all you can do is to rely on yourself to make it. You won’t have any other outside resource so you should be able to pass it if you really know how to do an editor’s job.

One of the most common tests given to editors goes like this. An applicant is given a manuscript with all the comments for editing and a typeset page. In order for the applicant to succeed, he or she is instructed to proofread the typeset page according to the original manuscript with the red markings on it. The only way to go is to read the manuscript against the typeset page. The applicant has to identify what were the things that were corrected in the manuscript but are not followed in the typeset page. He or she also has to pick up any changes made that were not requested in the manuscript and lastly identify if the correction in the manuscript is still incorrect. If you are unsure about the changes you make while proofreading, you can mark them as query but this will mean that you have to check this change with others, meaning more work for others too.

There are various results from candidates and many of them miss the changes made in the typeset page that were not supposed to be changed in the original manuscript. Some even query every mistake they found. When you proofread, you are supposed to make changes independently and learn how to do it on your own. That is your job in the first place. If you can’t proofread the edits made by the editor, then how can you do the job of an editor yourself? You have to learn to make edits and trust that you can live by your corrections because you know you have made the right one. It’s your job to know the rules so that you can apply them without hesitation and correct everything that needs to be corrected no matter how small the detail is.