• Home
  • Legal
  • Malpractice Vs Negligence – Let’s Find Out The Difference
Legal

Malpractice Vs Negligence – Let’s Find Out The Difference

malpractice vs negligence

Malpractice vs Negligence

What is the difference between the two?

Sometimes we tend to mistake one word for the other. Especially during our use in daily life, we use the words negligence and malpractice interchangeably.

Both of the terms suggest that a defendant is usually responsible for the losses of the victims. But the nature of the claim might vary based on whether the plaintiff claims for Malpractice or negligence.

Go through this article to learn more about two of these different claims a plaintiff often makes.

What Does Negligence Mean In the Professional Field?

What Does Negligence Mean In the Professional Field

Before I elaborate on the difference between Malpractice vs. negligence, we should discuss what it means. The term comes from the Latin word “Negligentia,” and means ‘filing to pick up.

We can easily translate the word as ‘lack of care.’ our common belief is that any injury done by someone due to their lack of care should hold them legally responsible for the harm caused. Negligence can cause both criminal and civil wrongs.

An act of carelessness holds the defendant as being irresponsible, unlike any other responsible person. It may not cause any direct harm toward the victims, but negligence does constitute a tort. It is a failure on someone’s part to act like any other responsible person.

Now, all that you read is a general description of what negligence looks like. But professional negligence is a little different from the similar features of any other negligence. There is only specific business-related context added when we are talking about professional negligence.

Professional negligence is marked by the failure of an employee or an extension to uphold the care standards essential for the customers’ safety. Such negligence causes harm to the victims. In business, professional negligence is the failure of a business to provide the service it is hired for.

Read More: The Types Of Serious Injuries A Car Accident Victim Can Sustain

Key Elements Of Negligence

There are different elements of an act of negligence.

Duty Of Care

Duty Of Care

The defendant must have a duty of care towards the plaintiff. These duties are certain ways they should refrain from acting. Failing to uphold this duty of care can significantly harm others or the client.

Breach Of Duty

Breach Of Duty

Breach of duty might happen when a professional fails to uphold liabilities that are different from their personal obligations. A breach of contract occurs when a complaint involves a breach of duty because of, the promises on the contract.

Actionability Of Negligence Lawsuit

Actionability Of Negligence Lawsuit

When the plaintiff suffers any damage or harm due to the violation of duty on the defendant’s part, only then a negligence lawsuit becomes actionable. But there must be reasons affirming that the allegations are attributable to the defendant.

What Does Malpractice Mean In the Professional Field?

What Does Malpractice Mean In the Professional Field

The word Malpractice is the unison of two different Latin words – “malus” and “practicare,”Both of these words mean to exercise any bad practice.

Malpractice in the professional field suggests the harm caused when any professional breaches their responsibility of care towards their client. In business and the professional field, professionals are under the obligation to uphold widely accepted professional standards and ensure the safety of the users.

Usually, doctors and lawyers are found to Malpractice more frequently than in other fields. Any action (that is against the accepted medical standards) taken or not taken by the doctor during medical practices might be seen as medical Malpractice.

In the legal field, legal Malpractice is done when the lawyer breaches their client’s trust, causing them to suffer. This usually happens when the lawyer mishandles a matter out of negligence or due to any personal or malicious reason.

Key Elements Of Malpractices

When filing a malpractice lawsuit against any defendant, the victim must ensure different key elements of the Malpractice. Here are those elements –

Professional Duty Owed To The Client

Professional Duty Owed To The Client

This can be within any sector. Especially in the medical field, doctors have specific legal duties towards their patients. This duty of care arises when a business connection or professional connection gets started between a client and a provider.

Breach Of Duty

Breach Of Duty

There is a standard of duty that a professional needs to uphold towards their clients in every professional setting. But, it varies from one jurisdiction to another. If a professional is found breaching this standard, it makes them liable for breach of their duty.

Causation

Causation

When the breach of duty is filed, the victim must provide direct and valid reasons that negligence and Malpractice on the professional’s part caused the damage.

Damage Of The Breach

Damage Of The Breach

For the malpractice claim to work, the victim must go through damage or injury due to negligence on the defendant’s part. If the negligence does not cause any damage, no malpractice claims can be made.

Malpractice Vs Negligence: What’s The Difference?

Malpractice Vs Negligence What’s The Difference
  • Negligence occurs on a professional’s part due to being unreasonable and careless in their duty owed to their clients. Such carelessness causes harm and damage to their clients. On the other hand, Malpractice means the breach of duty because of any malicious or personal intent from the professional’s side. Malpractices include damages directly attributable to the client.
  • Negligence claims are made against anyone who breached their general duty of care out of carelessness. Malpractice claims can be brought against professionals who have breached their professional responsibility of care.
  • Negligence is a wider term that includes Malpractice. Malpractice is a type of negligence and also a narrower term.
  • Negligence results from someone’s failure to act or not act in a reasonable way to prevent circumstances that can potentially cause harm. It is also unintentional. On the other hand, Malpractice is intentional negligence and failure to uphold certain professional skills.

Read More: Choosing A Criminal Defense Law Firm

Bottom Line

So, these were the general differences between Malpractice and negligence. Negligence and malpractices are quite common in the professional field and require legal attention. If you notice anything of these sorts, you should seek legal help.

But you must also know whether the damage done is through negligence or Malpractice. Once you go through this article, you will understand the difference between both terms. However, if other queries are also there, please let us know through our comment section below. Please share your feedback as well. Thank you for reading.

Read Also:

author-img

Shahnawaz Alam

Shahnawaz is a passionate and professional Content writer. He loves to read, write, draw and share his knowledge in different niches like Technology, Cryptocurrency, Travel,Social Media, Social Media Marketing, and Healthcare.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Estate Planning Law

Estate Planning Law: Expert Guidance for Your Future

Navigating the complexities of estate planning is an essential task that should not be overlooked. Many people are overwhelmed when considering how best to protect their assets and ensure their loved ones are provided for.  Estate planning lawyers provide valuable guidance in creating a comprehensive estate plan tailored to individual needs. This legal expertise helps demystify the process, ensuring every detail aligns with your personal and financial goals. Our lawyer directory is an indispensable resource for those seeking qualified professionals to assist with estate planning. Various terminologies come with estate planning law, which might be difficult for the common people to understand. That is where these professionals come in. By connecting you with experienced attorneys, we aim to simplify the initial research process. A consultation lets you discuss your unique circumstances, forming a foundation for a cohesive plan. Understanding the role of estate planning lawyers is crucial to making informed decisions. We aim to bridge the gap between legal jargon and practical implementation. By doing so, we hope to empower individuals to take control of their future, safeguarding what matters most to them. Learn more about experienced estate planning lawyers. Understanding Estate Planning Law and How To Plan It Estate planning ensures that individuals' wishes are respected and their assets are handled according to their desires. Various components, such as wills and trusts, are crucial in protecting assets and beneficiaries, while the guidance of the right lawyer is vital. Importance of Creating an Estate Plan Creating an estate plan is critical for managing our assets and personal affairs after we pass away. It prevents family disputes and reduces stress on loved ones by clearly outlining our intentions for asset distribution. An estate plan may include a Will, a Living Trust, and a Durable Power of Attorney. These legally binding documents ensure our wishes are carried out. They help us specify who will inherit our assets, manage our finances, and make healthcare decisions if we become incapacitated. By proactively planning, we can avoid the lengthy and costly Probate process, where a court oversees the distribution of our estate. Estate planning is not a one-size-fits-all task. Our unique financial and family situations may require specific legal structures or documents. Considering the guidance of an experienced Estate Planning Attorney is essential to tailor a plan that fits our individual needs. Key Components of an Estate Plan Key components in estate planning law provide a comprehensive framework to secure our assets and fulfill our wishes. A Will officially communicates how our assets will be distributed, while a Trust helps manage and protect these assets. We might also consider creating a Living Will to outline our medical preferences if we cannot communicate our wishes. A Power of Attorney compliments that, allowing someone we trust to make decisions on our behalf. A Durable Power of Attorney is suggested to safeguard the remaining in effect if we become incapacitated. By including these elements, we provide clarity and legal authority to manage our affairs efficiently. Engaging with an Estate Planning Process helps to evaluate all these elements to ensure nothing is overlooked. This process aids in identifying the right legal tools that match our goals and family dynamics. Selecting the Right Estate Planning Lawyer Choosing the right estate planning lawyer is important for an effective estate plan. Having expertise will ensure that the plan is legally foolproof and will cater to our needs. One should find someone with a deep understanding of trusts, wills, and the probate process and knowledge of state laws. However, asking for recommendations from our colleagues and friends is helpful. It will help us identify the best professionals in your area. The chosen lawyer should listen carefully and communicate clearly. They should offer insightful legal advice and ensure that we understand what is going on with the plan. Connecting with a trustworthy one will secure our peace of mind. This way, we will know that the plan is being executed smoothly. Implementing Your Estate Plan We recognize the importance of thorough preparation in estate planning to safeguard our financial legacy and ensure our wishes are honored. Our focus includes managing our assets, health care decisions, and responsibilities toward family members while being mindful of state-specific legal and tax implications. Gathering and Managing Assets The first step in implementing an estate plan includes combining a comprehensive inventory. This includes bank accounts, real estate, retirement accounts, investments, business interests, and valuable personal property. We must organize this into a list and specify current valuations and ownership details. Then, the next step is to decide how to allocate the assets among the beneficiaries. Use tools like trusts, wills, and beneficiary designations to streamline the process. This not only provides clarity but also helps us avoid probate court complications. Regular reviews of beneficiary designs and asset lists are important to check whether there is a need for any changes in personal circumstances and ensure that the intentions are clear. Planning for Incapacity and End-of-Life Decisions We must prepare for the possibility of incapacity by powers of attorney and health care derivatives.  The legal documents give authority to trusted individuals and allow them to make health care and financial decisions on our behalf when we fail to do it ourselves.  Advanced healthcare derivatives specify the preferences for any medical treatment and ensure the wishes are respected. Moreover, another power of attorney for finance lets someone we trust to deal with the finances, pay the bills, and oversee the investments during incapacity periods. Regular discussions and updates with the appointed agents help maintain clarity and ensure that our decisions align with our current wishes. Protecting Minor Children and Family Members Designating guardianship is a critical element of estate planning law for those of us with minor children. We must choose guardians who share our values and can provide care and guidance in our absence. This decision requires careful reflection and, ideally, involving the intended guardians in our planning conversations. It's also important to address the financial needs of our children through trusts or other financial arrangements. Trusts can specify how funds will be managed and disbursed, ensuring our children’s needs are met. Additionally, clear designations of our chosen guardians and trustees in our will can prevent delays and disputes in probate court. Addressing State Law and Taxes State laws play a significant role in estate planning, impacting how our estate is distributed and taxed. We must understand and comply with these regulations to minimize potential disputes and unnecessary financial burdens on our beneficiaries. Estate taxes, both at the federal and state levels, can substantially reduce the value of our estate. Strategizing with tools like lifetime gifting, charitable contributions, and marital deductions can optimize our tax planning.  Wrapping up! It may be beneficial to consult with qualified estate planning professionals to effectively navigate these complexities of estate planning law. Regular reviews and updates to our estate plan can ensure ongoing compliance and alignment with evolving legal and tax landscapes. This is going to help our loved ones figure out what is going to happen with the estate. Consult an attorney and be assured that everything will be taken care of. They will figure out a plan depending on our specific needs. Additional Reading: Exploring Diverse Types Of Law Firm Collaborations Find A Family Immigration Lawyer To Help Bring Your Loved Ones To The United States

geo targeting SEO

Boosting Your Legal Practice: A Guide to Geo-Targeting SEO

There is shoestring competition among the legal firms. In this digital age, personal injury lawyers must have their presence before people. This is why these firms must underscore relentlessly the importance of building a strong online profile.  SEO, or search engine optimization for personal injury lawyers, is a strong tool for personal injury lawyers to reach new people. Moreover, it can help people find your website. This is needed to increase your network with people living in your area who need legal help. Under any circumstance, you have to ensure that the people requiring your legal services can find them using SEO techniques and one of these includes, geo targeting SEO. This article discusses the nitty gritty of geo targeting techniques. It allows you to focus on your costumes, the main elements of your business growth. Why Is Geo Targeting Seo Important? Let us say someone in your town slips and falls and hurts themselves. Most likely, they will pull out their phone and type in "personal injury lawyer near me." You have lost a great chance to connect with a possible client if your website is not in the first few search results. By making your website better for local searches, geo targeting SEO fills in this gap. However, to do this, you need to use useful terms on your website, such as your city or neighborhood.  By doing this, you improve your chances of showing better in local search results, putting your business right in front of people in the area who are looking for legal help.  Geo Targeting SEO strategies You can use geo targeting to successfully bring attention to personal injury problems in your area. Write about common injuries, like those that happen when you slip and fall, in car accidents, or at work.  On every page of your website, from the contact page to the service information, put your city and neighborhood. Besides, use online review sites and area lists to get the word out about your law business, and ask happy clients to leave reviews.  You can get locals interested in your business by sharing useful content, joining group chats, and talking about good experiences with clients on social media sites. What Are The Benefits Of Geo Targeting Seo For A Website For A Personal Injury Law Firm? Be it a personal injury lawyer or any other service, you must focus on the geo-targeting. Yes, it is one of the important aspects of SEO that you need to be aware of. 1. Heightening Brand Recognition You might think that geo-targeting is directed toward increasing sales. But it's not the case.  Geo-targeting ensures that traffic lands on your website. But it does not guarantee they will be taking your service. A lot of people are simply looking around for information.  That is the best way to reach new people. Now once they enter your website, you use the geo targeting to nurture them. You can entice them with free eBooks or video advice, which provides a lot of information and value.  2. Shortens The Time Prospect Moving Through Your Funnel  You must know that a marketing funnel is much more complex than you even realize. You may also know that people have millions of distractions.  By showing them personalized content, they can take the next step more quickly. This is one benefit that you can get with geo targeting SEO. 3. Learning More About  Your Audience If you are a personal injury attorney looking to increase your busiess prospects, you have to understand your audience. This is one of the important sections of geo targeting SEO.  There are diverse materials inside the Facebook ads manager that will assist you in comprehending the performance of your campaigns.  The results also tell you if you retarget the ads resonating with your audience. You can check the reaction of your post and comments down to the specific conversions.  4. Expanding your Reach: Key Benefits Of Geo Targettig SEO Retargeting not only ensures that you bring back your potential customers, but it also ensures that you retarget the audience to show more about you to the potential customers.  For instance, let's say that you have gained 1000 customers through campaigns. Now, you can upload your customer's file to Facebook. Facebook will find new people who are similar to your existing customers.  This leads to the geo-targeting SEO benefits.  Advanced Geo Targeting SEO Strategies That Go Beyond The Basics.  Even though the basic geo-targeting strategies listed above are very important, there are other strategies you can use to make an even bigger difference: 1. Making Your Website Work On Phones. Google gives mobile-friendly pages more weight. To reach the rising number of people who search on their phones and computers, make sure your site is mobile-friendly.  Check out local SEO apps that can help you keep an eye on your results, read online reviews, and take care of your local listings. 2. Find Partnerships In Your Area You can become a valued part of the community by working with local companies, schools, and community groups. Ask happy customers to tell their friends and family about your business. To get people to spread the word, offer rewards or bonuses for referrals. 3. Use Geo-Fencing. With geo-fencing technology, you can show focused ads to people within a certain area. This can be especially useful for getting in touch with possible clients who live close to your law company or who visit important places (like hospitals or accident spots). 4. Optimizing Your Website For Voice Searches. As more people use voice assistants like Siri, Google Assistant, and Alexa, make sure your information is ready for voice searches. Use everyday language and long-tail terms that people would use. 5. Keep An Eye On Analytics And Tracking. Track how many people visit, buy from, and rank in local search results with tracking tools. This information will help you figure out what is working and what needs to be changed. 6. Be Consistent Geo-targeting SEO is a process that never ends. Keep your website's content up to date, keep an eye on your results, and change your approach as needed.  By following these tips and staying constant, you can improve the online profile of your law business and bring in more possible clients in your area.Read More... How To Choose A Personal Injury Lawyer You Can Rely On Criminal Defense Attorney in Lawrenceville: Top Tips for Choosing the Best How Effective Legal Self-Representation Can Benefit International Business Professionals

Workers Comp Quote

Here’s How Your Workers Comp Quote Is Calculated

Workers comp is a significant insurance policy to help employees who encounter injuries or illnesses during their work duties. It's an abbreviation for workers' compensation and is crucial to understand. Nearly all states throughout America mandate that employers provide their workers with necessary benefits, such as workers' compensation insurance. Not only does this benefit shield your staff from potential financial burdens resulting from injuries on the job. But it also protects your organization against expensive lawsuits. This blog post delves into the significant determinants that workers' comp insurance firms use to calculate your coverage premium. Although most employers know workers' compensation insurance advantages, a few comprehend how workers comp quote is calculated. What Is Workers Comp, Who Needs It, And How Is It Calculated? Responsibly taking care of one's workforce is integral as an employer in the USA; therefore, worker's compensation insurance is crucial. When employees suffer physical or mental injuries or illnesses related to their jobs, this policy helps them out by covering lost pay when they need time off for medical reasons. Factors that affect premium rates vary significantly depending upon operational activities at your organization, payroll-related expenses, and considering risks surrounding different types of jobs performed within a given industry sector also influence price hikes that come along with more dangerous workplaces. How Are Premiums Determined? Several factors contribute to the amount you pay for your workers' comp insurance. Your industry type affects your premium, as some jobs are riskier than others. For instance, the construction industry has more injuries and accidents than an office-based business. The location of your business also matters. The premium is calculated based on state laws, regulations, and living costs. The number of employees and payroll expenses also contribute to your premium cost. The more employees you have and their higher salaries, the higher your workers' compensation premium. What Kind Of Coverage Does An Employer Need? Different states have varying workers' compensation insurance requirements, but the insurance policy aims to protect your employees and your business. Coverage typically includes income and wage replacement, medical and rehabilitation costs, and death benefits. You can get additional coverage for various risks to fit your business needs, such as disabilities and diseases related to work. Discount Options Available Overall, your workers' comp premium will vary from business to business, and there are ways to reduce your premium costs. There are different discount options available to employers to help manage their costs. To manage your budget effectively without sacrificing workplace safety or employee health needs, it's essential to implement safe work practices like employee training courses on best safety protocols or providing personal protective equipment at all times. For additional cost savings opportunities, talk to a reliable insurance broker who comprehends your business needs; they can procure policies from multiple insurance companies at competitive prices. Also, investigate managed care plans that offer discounted medical services across many reputable providers for sustainable long-term cost savings. Examples Of Successful Workers Comp Policies Aside from standard industry factors impacting workers' compensation insurance pricing, one thing is sure: small businesses don't have to compromise on quality over affordability. There are policies specially tailored with affordability in mind, one such policy being the pay-as-you-go option. With its innovative approach utilizing actual payroll estimates for premiums presented each cycle, both large and small business owners can access affordable coverage while balancing expenses. Understanding State Workers' Compensation Insurance Regulations Every state has its unique workers' compensation system, which can make understanding insurance policies that much more complicated. Each state has its Workers' Compensation Board that oversees the regulations. It would help if you researched the specific state's laws where your business is located to understand your insurance requirement. Here's How Your Workers Comp Quote Is Calculated - In Conclusion Knowing the calculation behind your workers' comp quote enables accurate budgeting and better policy interpretation at a granular level. Variables in cost determination are industry type, geographical location, and number of employees. Implementing safe work practices, working with an insurance broker, and researching workers' comp insurance regulations by state can lower premium costs while maintaining coverage. To ensure the ongoing success of a business, it's crucial to invest in workers' compensation insurance. Read Also: Financial Planning Tips For Different Stages Of Life 4 Benefits Of Using A PPC Agency For Your Business 5 Most Powerful Marketing Strategy That Will Change Your Business

Personal Injury Cases

Personal Injury Cases: A Guide For Victims

Accidents are unfortunate incidents, and nobody really forecasts them. While they are a big deal in themselves, what’s more daunting is the legal case that comes with it. Navigating the legal process can be overwhelming when you are injured or involved in an accident.  The legal system is filled with complex terminology and jargon that may confuse and frustrate victims seeking justice. To help injury and accident victims make sense of the legal jargon, this guide provides a clear overview of key terms and concepts frequently encountered in personal injury cases. So, make sure you stay tuned with us till the end as we walk you through some important details. Negligence: Understanding The Foundation Of Personal Injury Cases Negligence is the governing concept in personal injury law, which refers to the failure of an entity to exercise reasonable care. This can result in harm or injury to another person. In each state, people must strive to conduct behaviors that can reduce negligence when it comes to personal injury cases.  Statute Of Limitations: Time Constraints On Filing Claims The statute of limitations implies the timeframe for a victim to file a legal claim. It varies based on the jurisdiction and the type of case. Injury and accident victims must be aware of the applicable statute of limitations, as failing to file a claim within the specified period can result in losing the right to seek compensation. Compensation: Types And Factors Considered Compensation, or damages, is the financial recovery sought by injury and accident victims. It aims to compensate for the losses incurred due to the accident or injury. Types Of Compensation One Might Receive There are two main types of compensation: non-economic and economic. Economic damages cover losses such as medical expenses and lost wages, while non-economic damages cover intangible losses like pain and suffering.Damages caused by a personal injury case are usually cataloged into the following: Financial Damages With the nature of being straightforward, financial damages usually come with clear price tags. Financial damage might consist of medical bills, earning potential damages, and even property ruins. Compensating for financial damage is comparatively easy. All you have to do is keep track of each receipt, invoice, and documentation for claiming. Non-Financial Damages When it comes to non-financial damages, they are a bit subjective as compared to economic ones. These damages are the personal sufferings one might face during the accident. Losing a body part or the potential to perform a certain activity generally comes under non-economic damages.  It is a lot more difficult to compensate for non-economic damage since it encompasses pain and suffering, decreased quality of life, and lost companionship. When it comes to compensating non-economic damages, you might have to seek help from a personal injury attorney. Generally, it is one of the most complex parts of negotiating the settlement.  Your personal injury lawyer is most likely to ask you the following questions: Did the accident cause you significant pain? Do you face any mental health concerns associated with the accident?  Is there any new physical or mental limitation? How long can these limitations last? Does the injury need future medical treatment?  Answering these questions genuinely and with complete details is the key to claim your compensation. Liability: Determining Responsibility For The Injury Or Accident Liability refers to legal responsibility for an injury or accident. Establishing liability involves proving that the defendant's actions or negligence caused the harm suffered by the victim. Liability can be attributed to individuals, companies, government entities, or a combination thereof. It is essential to gather evidence and consult with legal professionals to determine liability accurately. Settlement Vs. Trial: Weighing The Options Victims can settle or proceed to trial when pursuing a personal injury case. A settlement is a consensus between the victim and the responsible party, typically involving a monetary payment. Conversely, trials involve presenting the case in court and having a judge or jury decide. It is crucial to evaluate the pros and cons of both options to make an informed decision that best suits the victim's circumstances. No-Win no Fee: Understanding Legal Costs Contingency fees are a standard payment arrangement in a personal injury case. Instead of paying upfront legal fees, the victim's attorney, such as the ones at https://www.lawadvice.com.au/, receives a specific percentage of the compensation awarded if the case is successful. This arrangement allows individuals with limited financial resources to access legal representation without incurring significant upfront costs. Clarifying the fee structure with the attorney before engaging their services is essential. Contributory or Comparative Negligence: Assessing Shared Responsibility In some personal injury cases, contributory or comparative negligence comes into play. Contributory negligence occurs when the victim's actions contribute to the accident or injury. In jurisdictions that follow contributory negligence rules, if the victim is found to have any degree of fault, they may be barred from recovering any compensation. Comparative negligence, on the other hand, allows the victim to recover damages proportionate to the defendant's level of fault. Seeking Help From The Personal Injury Law Every accident, small or big, is dealt with by the law, and the personal injury case is no exception. The law designed to safeguard you or your injured property owing to someone else’s lack of carefulness is called the personal injury law. When somebody is going through such a circumstance, they can seek help from this law. If you are a victim of an accident, there are no reasons for you to face financial hardships. Just because the other person was not careful, victims don’t have to suffer- that’s the motto of the Birmingham personal injury lawyers. The intensity of the harm caused is generally not a significant factor here. Conclusion: Navigating the legal jargon can be daunting for injury and accident victims seeking justice. Victims familiarizing themselves with negligence, the statute of limitations, compensation, liability, settlement, trial, and contingency fees can communicate effectively with their legal representatives and assert their rights confidently. Remember, seeking professional legal advice is crucial for thoroughly understanding the specific circumstances surrounding your case and the best course of action to pursue. Read Also: How To Choose The Right Federal Law Firm For Your Legal Needs Money Tap Loan App: Information, Eligibility Criteria, Interest Rates, Review & More Demystifying Common Misconceptions About Licensed Money Lenders