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Why does LC have a $70,000 annual gross income requirement in states other than California and Kentucky? Is this something that they really even look into? This is something I'm interested in, but I wouldn't meet that requirement.
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Dec 9, 2012 21:23
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sg54 posted:
I had read somewhere that this only applies to people investing more than a certain amount. I want to say $5000, but I'm not positive.
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Jun 26, 2013 18:38
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Monocular posted:Can anyone elaborate a bit more about LC's required $70,000 income? I don't make nearly that much but I was only planning on investing $500 or so. I've seen here that there's some sort of income verification, but does that apply to small-scale investors? I've read somewhere that that only applies to people who are investing over a certain amount. Something like $5000. Although I haven't heard of them ever doing any sort of verification.
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Jul 27, 2013 14:15
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