The whole concept of payment modes has changed altogether with the invention of debit card, credit card and prepaid card. Known as plastic money, they have revolutionized the entire concept of making payments. While shopping one only needs to get his or her card swiped at shop or store anywhere in the world. It has revolutionized the entire concept of money transaction and payment. One can use these cards for making online payment. These cards can be used for variety of purposes. They provide easy option to make payments. So, there are no hassles while withdrawing money. There is no need to go to bank physically and wait for one’s turn. All you need is simply insert the debit card, credit card and prepaid card into the teller machine and follow the guidance on the display screen. This is a totally automated but easy procedure. So, this saves much of one’s precious time. An account holder does not have to go all the way to the bank and withdraw cash. These teller machines are located at prime locations everywhere. This mode of payment is totally safe and secure. Latest and most secure technology is use to ensure the security and safety of transactions. All the major banks have their teller machines installed at prime locations. Most importantly, one can withdraw cash from one bank while being a customer of another bank. This facility is provided by banks free of cost. As these machines are operable 24-hours a day, they are the ultimate in providing cash withdrawal facility anytime of the day. This has been a boon to customers who might require cash at odd hours. The bank account holder also receives receipt instantly with details of his or her transactions. One can use these cards at special machines called ‘ATMs’ which are located at all the important places in all cities in the world. For operating the ATM, the user should first insert the card at the place provided. Then the user must punch her / his secret number when prompted. Then one is simply required to follow the displayed instructions. This is an automated process involving 6-7 steps. After you finish off, cash is pushed through the outlet in the ATM. The user also has the option of receiving the receipt of his or her particular transaction. So, the arrival of plastic money has given the customers the freedom to withdraw cash anytime and anywhere in the world. One does not have to worry about carrying large amount of cash while travelling abroad or far away locations. As carrying a large amount of money poses many risks such as loss of money, theft etc. these cards have eliminated those risks. At the same time one needs to be careful regarding the security of the ATM cards. Moreover, the user needs to tread cautiously while using them. It is not advisable to use them at every place. One must use them only at secure places such as malls etc. Published at: https://www.isnare.com/?aid=1322057&ca=Finances
If you are struggling to afford just the minimum payments on your credit cards, you are not alone. A large percentage of the people you pass on the street each day are suffering under the weight of the exact same stress. They are also concerned about upcoming (or past) due dates and an ever-increasing credit card debt balance. You don’t have to continue to lose sleep worrying about your debts, but you do need to take action—today. Little by little, one-step at a time; you can change your credit situation from an ongoing nightmare to a bad dream of the past. Scrutinize Your Expenses Hard as it may be to face, until your credit card debt is paid down to a manageable level, you will need to start living frugally. Start by keeping a daily expense log, detailing everything from your morning coffee to the monthly electric bill. Then go through this list, line-by-line, and determine which expenses can be eliminated and which can at least be decreased. Look for New Money Consider taking a second job, tutoring on weekends, or baby-sitting. Look around your home for clothes, furniture, or other items that you can sell, either in the classifieds or online at sites like Ebay. Return unnecessary recent purchases for credit back to your card. Stop Using Your Cards It is nearly impossible to significantly lower your debt if you keep adding onto it each month. At the very least, take all specialty and department store cards out of your wallet and store them in a safe place (or cut them up entirely). Before you charge anything to a card from now on, ask yourself if it’s really necessary, and if there’s any way to either not make that purchase or to delay it until you have enough funds to cover the cost. Pay Off Your Highest Interest Rate Cards First After you’ve pared down every possible expense, sold what you could, and sought out new sources of income, determine how much you have left at the end of the month in excess of all your minimum payments. Then apply all of the excess funds to the card with the highest interest rate, and continue to do that until that card is paid off. Start the process again with the second-highest rate card, and so on. This will pay off your debt the fastest. Call and Ask If you need to send a payment in late, call and let your credit card company know. Customers who communicate honestly receive better treatment. It never hurts to call and ask if your interest rate could be lowered; even half of a percentage point can make a big difference for someone living month-to-month. Your credit card company may also have some sort of hardship program in place for customers who are temporarily unemployed or who are dealing with a serious illness. If you think you may have a hardship case, again, call and talk to someone. You may qualify for a lower interest rate or a few months of grace. Published at: https://www.isnare.com/?aid=66129&ca=Finances
Paypal VCC (Virtual Credit Card) also be the absolute most perfect solution then. Get your paypal vcc now and verify your banking account in paypal. Your Paypal virtual credit card details would be sent directly to this address within 1 – 12 hours of time. Simply add a PayPal VCC as a credit card or debit card to your PayPal account. Prepay virtual credit card-Instant Paypal VCC. A virtual credit card (VCC)behaves the same way as a traditional credit card does. A Virtual Credit Card is a prepaid that works like a genuine credit card. This one could be associated with your savings, etc account, probably as close while you will get, to a VCC, that accepts PayPal to transfer funds into your VCC. Virtual credit card(VCC), an alternative or replacement for credit cards where people can make payment online (virtually) without having any as a type of real credit card. Bancore virtual card can help verify your PayPal account nonetheless it is certainly not possible to transfer money from PayPal account to your virtual card. The first step in the paypal verification is creating a virtual credit card. Ordering a virtual credit card would be great but on this blog you can easily get free virtual credit card to verify your paypal account. Virtual Credit Card will probably be your answer yes you get your paypal account in 48 hours by using virtual credit card to verifying your paypal account. allow you to get a totally free VCC (Virtual Credit Card)! Here are a few advice on safely using a virtual credit card number. One of many keys benefit of virtual credit card is you can easily use it along with your bank account or debit card whether or not you donâ€™t have a real credit card. Using virtual credit card you can purchase anything in the internet and pretty much all merchants accept vcc as a payment method so go ahead and use our free vcc. You just required to create an account to get a totally free virtual credit card of your very own. So people who do not have a credit card can attract money in Paypal simply by buying the VCC. Its very simple , just click on any vcc and then add it to cart , then checkout. we provide every forms of Virtual Credit card (vcc) solutions. AllVcc’s is a high-performance online payment solution that empowers you to instantly pay money (online or by phone) – in only a few clicks anywhere the fact is the Visa logo. You can grab free vcc on our website in order to verify your paypal account, payza account and many others. Yea you can verify your paypal account through vcc and in our website it is simple to found free vcc to verify your paypal account to raise your limits. Just what exactly is VCC and just how it certainly works. some of the customers are finding it confusing as how exactly to buy our virtual credit cards (Vcc). Ans â€“ If you donâ€™t make use of your virtual credit card or VCC within 24 hours, the card will expire and you would be not able to utilize that. However, Virtual credit card or Paypal VCC is surely a gift for bloggers which allows one to shop easily even in the event you donâ€™t have credit card. Published at: https://www.isnare.com/?aid=1893458&ca=Finances
There are some niche markets that you really have to participate in as a content publisher because of their pure potential for digital profits. I’ve been going on about markets such as investment, real estate and travel for a while because all of them have cash-rich prospects and offer multiple opportunities to earn from a mix of big-ticket affiliate programs, information products, Adsense & more. I’ve been wanting to introduce this niche to you for awhile. Why? Because yes it returns over 8 million searches online every month, Adsense per click values get close to double figures and there are a mass of big-name affiliate programs to promote. But there’s something even bigger. The reason I believe it just HAS to form part of your product portfolio is the shocking pay per lead programs offered by certain big name companies which affords you the possibility of earning a whopping $65 per lead just for the prospect filling out an approved form. As pay per leads go, this is the holy grail and I’ll tell you exactly where to find this affiliate program in the download area. Why The Credit Card Niche Is A Dream Come True For Content Publishers Around The World It’s estimated that the credit card business is worth $50 billion in the United States alone, and the total amount of credit card debt in America is over $800 billion. Those are staggering facts, and from the point of view of a content publisher you ought to be licking your lips in delight because we’ve already seen that over 8 million people a month search for “credit card” online. When there’s that type of volume in terms of both prospects and pure cash changing hands, you can bet there’s money to be made – and thanks to the internet even “Joe Blog” can get involved in a big way by owning a simple site or blog with targeted content & the right affiliated programs. More facts? There are over 1.2 billion credit cards in circulation in the U.S. and almost 80% of individuals are deemed credit-worthy. The thing is, credit card companies know that with the average U.S. household racking up an eye-popping $7,000 in credit card debt, the more sign-ups they get for their credit cards…the more money they make. It’s a pure numbers game and each and every sign up means big money for them – not just as a one off but for years into the future. You see, that’s exactly why they’ll throw around a lot of money to get these customers (and lots of it). That’s why there’s pay per click & pay per lead potential here that almost defies belief (and frankly it makes the internet marketing payouts seem like a sad joke). Let’s review the potential briefly: Pay Per Click Potential Credit card companies are known to bid around the $4 to $8 per click mark on Adwords and even more on certain keywords. As a result, a simple content based credit card site/blog can make out like a bandit with Adsense & other contextual programs. Pay Per Lead Potential There are over one billion credit cards in circulation within the U.S. alone and credit card companies are thought to have scooped up a cool $50 billion in revenues from late fees and charges alone. It’s a pure numbers game for these companies…they know the more sign-ups they get, the more profits they’ll see. It’s a little like internet marketers and their mailing lists. The difference is that these multi-million dollar credit card companies will pay BIG to generate leads. To you and I, even $1 to generate a lead seems excessive, but to a major credit card company even $50 can be cost effective because the lifetime value of that lead can be thousands of dollars. The potential with pay per lead and Adsense is strong to say the least. Several bids on contextual (Adsense) advertising are at the $5, $8 even $10 mark while the credit card niche is possibly the strongest I’ve ever seen for pay per lead income. One major credit card company I’ve found pays a whopping $65 per application they receive from your referrals. The customer doesn’t have to buy anything so you can expect a far better conversion ratio than if you were trying to sell an affiliate program – yet the reward is higher than you’ll see as an affiliate from the majority of products out there. And we’re just at the starting point… my belief is that pay per lead will be a successful model for credit card companies to sign-up new cardholders in a way that can be traced. Surely, others will follow suit. To me, that’s really incredible and the PPL possibilities alone warrant a presence in this market. So Now You Understand The Potential, How Can You Set-Up A Simple Content Website That Can Start Delivering Earnings Right Off The Bat? set up a content blog or website with information that’s going to interest your prospects. Cover topics like: – How credit cards work – How to spot a good credit card deal – Different features of the many credit cards on display – Credit cards to suit different types of customer (eg student cards, reward cards etc) – Balance transfers …you get the jist. The best way to structure your site is to have each specific article on one page with 3 Adsense link units and of course the link to your pay per lead program so when your prospects do apply (and if they are targeted, many will) you’ll get $65 per application. If you want to profit from niche marketing, you need to be in the right markets. It’s well worth your time setting up a presence in this niche – the rewards speak for themselves. Published at: https://www.isnare.com/?aid=117730&ca=Internet
Financial debt is a big challenge in America there are millions of Americans who owe a great deal of money to the credit card firms. Credit card debt is also a subject that is more talked about today than it was in the past. Also, it is such as challenge that you possible know someone who has enrolled on their own into a credit card debt relief method. It won’t hurt to ask all over with pals, spouse and children, or at operate. If you locate anyone who is or was a customer, inquire for the contact information and facts of that business and then inquire for their own personal ideas on the stage of support offered. Solution #2 – Request These You Really don’t Know Despite the reality that debt relief is more talked about at this time than it was in the past, you may sense a bit uncomfortable speaking to people that you know. In that scenario, you want to use the online. Online, there are many internet sites, weblogs, and concept boards that cover monetary subjects. You can examine present publish to see what is mentioned about credit card debt relief companies or make your private publish asking for ideas. Preserve in thoughts that you are acquiring advice from persons you don’t know, so do a very little bit of extra point checking. Choice #3 – Let a Debt Relief Network Enable Lastly, a 3rd selection you have to use the solutions of a debt relief network. They decide on to companion with the greatest settlement, credit score counseling, and consolidation corporations in the market. They will make this details available to you on their on line site. The modern financial instability has brought extremely devastating penalties and serious outcomes for majority of the debtors since they faced its severity by dropping their profitable employment and incurring losses in their modest firms. They have incurred enormous credit score card debts in the fantastic instances of financial progress with the hopes that this scenario will proceed and they would conveniently repay their obligations. This personal turmoil made them unable for the repayments of their huge unsecured debt. They are currently being approached by their collecting companies and they are threatening and harassing them incredibly severely. By each passing day, its intensity is increasing. This is producing extreme stress for the debtors. Now, they do not will need to fear pertaining to their financial debt repayments or about the threats of accumulating companies anymore simply because now, they can effortlessly and conveniently repay their financial debt even with the actuality that they do not have typical income streams. Now, the government is offering quite a few financial debt relief measures to allow the severely hit debtors to repay their liabilities and return to their credit card debt free of charge daily life. These alternatives include financial debt settlement, credit card debt consolidation, credit counseling and a number of other selections which are in the best interest of the debtors mainly because they enable them to get rid of their substantial credit card financial debt. Just about every plan has its individual specs and the debtors will need to look at to comprehend them on their personal basis to take judgement that which will greatest fit their demands. In the debt consolidation method, the debtors get one enormous collateralized mortgage to discharge the existing obligations. Published at: https://www.isnare.com/?aid=841335&ca=Finances
ecause credit cards can be easy to obtain, it can be easy to get in over your head with credit card debt. While they may be simple to carry and convenient for making purchases, credit cards have been the cause for rising consumer debt and countless personal bankruptcies throughout the years.
According to CreditCards.com, the average debt per credit card that usually carries a balance (in 2015) was just under $7,500. That same source also cites that the average credit card debt per U.S. adult – not including zero-balance cards and store cards – was $5,232. So it’s evident that once you’re in this type of debt, it can be extremely difficult to get out of—unless you have help.
Although the reasons behind these large and growing balances can vary, getting to a credit card settlement solution typically entails understanding exactly why the credit card abuse causes so much debt. After you have a handle on your “why,” you can then move forward on reigning in the “how” of eliminating the debt—and moving on to a more positive and debt-free financial future.
The Downward Spiral of Debt on Credit Cards
Being in credit card debt can be the result of a variety of situations, from poor choices about how you spend your money to changes that have taken place in the economy over time.
Some of the reasons why people may find themselves in credit card debt can include:
Poor Money Habits – It’s likely that the main reason people get in credit card debt is due to poor money habits that are passed down from their parents. For example, if your parents paid for everything with credit cards, then it’s likely you will pick up that trait as an adult too. Poor money habits can also include not saving for the future and/or spending more money than you earn, thus creating more credit card debt as time goes by.
Emergencies/Unexpected Expenses – Unfortunately, emergencies can and sometimes do come up. Car repairs, uninsured medical bills, and loss of income can all have an impact on your financial situation. Oftentimes when these events occur, a credit card can be the fallback source of financing.
Impulse Purchases – Those who have high credit card debt are usually more prone to making impulse purchases versus sticking to a list. They may also have a hard time simply saying “no” when it comes to items that they see and just “have to have.” Unfortunately, the result of most impulse purchases is that you end up with items you really don’t want or need, and you also increase the balance(s) on your credit cards.
Not Having or Sticking to a Budget – While having a household budget can help to keep you on track from a financial standpoint, a recent Gallup poll showed that only one in three Americans actually prepare a detailed budget that tracks their income and expenses. Without a clear-cut budget, it is much easier to spend on unnecessary items, which can in turn, lead to running up your debt.
Cost of Living Increase – The economy is partly to blame too. Over the past several years, the cost of living has outpaced the growth of income. Because of this, many people have had no choice but to cover the “gap” by paying some (or all) of their living expenses on their credit cards—at least until their income catches up. Unfortunately, this can often result in putting you even deeper into credit card debt—especially if there is no end in sight to your current financial situation.
Making Minimum Monthly Payments – Making only the minimum monthly payment on your credit cards can typically result in the debt spiraling out of control even faster. This is due to the enormous amount of interest that is being charged by the credit card companies.
So, what is the solution? There are some ways that you can change your situation. The good news is that the remedies for credit card settlement may not be as far out of reach as you may think.
The Key to Climbing Out of Credit Card Debt
While you may want more than anything to climb out from under your mound of increasing debt, the best way to tackle it is to first have a plan. In some cases, that calls for working with a mentor who can guide you along the way.
This is because simply making payments each and every month may not always be the most effective solution. Depending on the size of your debt and the credit card’s interest rate, going this route could be like chipping away at a mountain with just a tiny ice pick.
Although bankruptcy may seem like the only option for a in some cases—especially if you have maxed out your credit cards—this isn’t the only way out of large sums of debt.
Rather, by working with an experienced guide, you can determine a more viable solution that may be best for your specific situation such as debt settlement or debt consolidation.
A credit card debt settlement program can help you save as much money as possible. This process entails negotiating a reduced balance on your total amount of credit card debt that will then be regarded as your full payment. While debt settlement can help you to ultimately pay much less than you initially owed on your account, you also need to be mindful of some things when going about this process.
For example, the lender or collector in a credit card settlement will often report the debt as “settled for less than agreed.” This can be damaging to your credit report – although it is still much better than showing a bankruptcy. Another potential drawback of credit card settlement is that the settlement company will oftentimes charge a fee that comes out of your monthly payment. This isn’t always the case, though, as some credit card settlement companies will work on a performance based system where they only make money once the settlement has been resolved.
Based on the amount of credit card debt you have, a debt settlement program can gear your credit card settlement as either a monthly payment or just one lump sum – whichever makes more sense for your situation. If you are choosing the debt settlement solution, it is best that you not make any additional purchases on your credit card, as this will only increase the amount of credit card debt that you will have to either pay off or settle.
A credit card settlement company will take into consideration several factors, including your overall financial situation, as well as your specific hardship. Also, some of your creditors can be more difficult to work with, so the settlement from each creditor may differ.
When choosing a settlement company to work with, you should consider several factors about the settlement company. For example, not all companies will offer FSCPA violation protection – even though doing so can lead to getting better settlements. Therefore, you should stick with credit card settlement companies that offer this protection.
Also, not all debt settlement companies will offer credit restoration to challenge incorrect information from your credit report. This, too, should be an important item on your list of settlement companies to work with. So, you should ideally look for a company that offers credit restoration when your settlement is complete, and eliminate the others.
One more thing to consider when choosing the best company to work with are customer reviews. Take note, not all reviews are equal. Many of the comprehensive reviews which are found online are paid for by companies to further advertise their services. Real client reviews can be found on third party review sites like Customer Lobby, Shopper Approve among others. A company that has been in the industry for quite some time will have hundreds of reviews over an extended period of time.
Debt Consolidation Loan
If you have more than one credit card balance, debt consolidation could be beneficial. This is because some or all of your balances could be combined into just one loan—oftentimes with just one smaller monthly payment as well as a lower interest rate. This can ease your financial burden significantly.
However, there are some potential downsides to this credit card debt solution too. For instance, the term of your new loan could be quite a bit longer than the term(s) of your original obligations. This could, in turn, actually make your total amount of repayment higher.
Also, if you have to pledge assets as collateral for the new loan, you could end up losing the assets if you aren’t able to pay this new loan back. Having someone assist you with the debt consolidation process can help to ensure that you’re going with a reputable lender and that you’re getting into a new loan that will be within your repayment parameters.
It can be well worth it to check into the solutions that are available to you. And the sooner you do so, the more quickly you can rid yourself of the burden of debt that may be continuing to grow each month. How would this change the rest of your life?
The State Bank of India is offering services for more than 200 years and has plethora of credit cards suitable for personal, business and shopping. They have exclusive cards for premium, shopping, travel and classic, abundant with features and benefits.
State Bank of India credit Cards offer plenty of benefits such as reward points, access to ATM Machines, easy access to bill online payment, transfer of balances from other cards. Make big purchases and pay it through installments in 6 to 24 months time. The SBI Platinum Card redefines luxury edging complements, SBI Railway Card, SBI Gold, SBI Spicejet Card and many others offer the best privileges and benefits. However, shopping with any of the SBI credit card offers you the benefit of redeeming reward points using ShopnSmileprogramme.
SBI Credit Card Apply is a must to meet the requirements of your lifestyle. However the process is simple of choosing the credit card online through. You can easily download the application online of the credit card form and submit it after filling to your nearest SBI branch.
You will receive a reference number on the completion of your online application of your SBI card. You can use this reference number online and track the application status. Within 30 days of submitting for credit card, you will get the same.
On deciding to apply online for SBI credit card, phone 995-889-2211. Inform them of your interest in applying online and on acceptance they give you the internet link to locate your address and the nearest SBI location. Select Quick links on the SBI blog site and find the way to application of credit card and get your application done.
The SBI online business offers various attributes and has the most advance online banking system. Apart from the application, they provide value added services such as E-collection facility, Direct debit facility, tax payments and more. You can choose many options that you intend to and access the same online.
Applying online for SBI credit cards is considered favorable as it has a good network scattered all over India and also supports many other financial services such as debit cards, banking, checking accounts, saving accounts and many other monetary services.
When it comes to seeking debt relief, many Americans feel the only viable option they have is credit counseling or filing bankruptcy. What many people are not aware of is the little known process of debt settlement. The goal of debt settlement is too, one satisfy your creditors for less than what they claim you owe and two save you as much money as possible during the process.
One reason many people choose a debt settlement company is because their debt amounts are too high for them to realistically manage to payback in full and want to avoid bankruptcy. Another reason why thousands of Americans choose a debt settlement company is because they are extremely upset and fed up with the credit card company over the fact that their interest rate has increased to an unfair high rate like 28 – 30% and the company refuses to lower it no matter how much you plead.
But the number one reason why Americans choose a debt settlement company is because their desire to have closure on being in debt and their priority of becoming debt free becomes their number one goal and it outweighs any real or perceived thought of any negative impact that it could have on their credit history while going through the process of debt settlement.
According to the Fair Isaac Company your debt to credit limit ratio accounts for more than 30% of your score, so it becomes absolutely essential to eliminate your debt first when you are trying to improve your credit score. Also remember your credit report is only a snapshot in time and is never a permanent record, you can recover and improve your credit score over time. Everyone gets a second chance in America!
The banks would love to keep you in the mind set that your credit score is absolutely the most important part of your life and by not paying them back in full would decrease your score and put you in the gutter forever. By all means your credit is important but should not completely dominate your life. This mentality works in the banks behalf and keeps you in fear, just where they want you.
But think about it, if the banks where really were concerned about you and your credit score then why would they extend you more credit on your current credit card so you can charge more when they know that this will decrease your score. So do they really care, NO.
When researching the option of debt settlement as your choice to become debt free understand that there are basically two types of companies to use when considering who you will choose to settle your debts. First there are the very common non-lawyer based debt settlement companies which comprise of over 95% of the companies currently advertising over the internet and TV. The rest are law firms that practice debt settlement as one of their services.
In the rest of this article I am going to list some of the major important points that you need to consider when choosing a debt settlement company to help you become debt free. As well as give you a warning sign for each point when speaking with the representative of a debt settlement company.
1. The company should save you at least 40% of your debt including fees and paying your creditors.
You can usually save 20% on your own with very little effort but any more than that requires experience and negotiating savvy.
When you are speaking to the representative from any debt settlement company you need to be cautious and do your homework. There are many debt settlement companies that just want to make as much money as possible without any real regard for the clients best interest. A lot of these representatives will say just about anything that pleases you to enroll you in their program. One way to recognize this type of company is by the tactic of setting a monthly payment amount to whatever the client wants. Usually very low and for a much longer period of time than what other reputable companies offer. This defeats the purpose of their claim of saving huge amounts of money because the interest keeps growing and the consumer does not realize that the longer the payback plan time frame the less they save.
Most Americans are getting caught in the magic bullet or quick fix syndrome, which these unscrupulous companies’ operators understand all to well and sign up tens of thousands of trusting people each year. If the representative is saying that they will save you over 60-70% of your debt be wary, at first it might sound great but verify what the overall cost is before signing on. Once they add on their fee and include your payback to your creditors it will be a lot less and they never mention this. Make sure to ask the representative if their claim of high savings for you is also including the companies fee.
2. Make sure your payback plan is in a realistic time frame to complete this process.
The major benefit of debt settlement is to become debt free in a very short period of time verses paying minimum payments to the credit card company which averages over 38 years to pay back. You should choose a debt settlement company that will focus and emphasize on enrolling you to becoming debt free in two years or less, but only under specific circumstances no longer than three years.
By stretching a debt settlement payback plan farther than three years you’ll never receive the full benefits that you were told in the beginning. Why, because of accruing interest. In other words the percentage of money your saving on the original debt decreases drastically when you enroll in a program that has you paying for four or five years because the debt amount drastically increases.
3. Make sure the collections calls will be stopped.
One of the negative aspects of debt settlement is that you do need to fall behind in order for these creditors to be willing to accept less. While falling behind you will get barraged with calls from collection agencies. Simply put these can be very annoying, scary, embarrassing, and aggravating. Now when it comes to preventing collection calls from 3rd party collectors, only by retaining a lawyer to represent you will stop them from calling. The Fair Debt Collection Practices Act states that if a client has attorney representation the 3rd party collector by law must deal with the attorney and not the debtor. Once the collector has been notified but continues too contact you directly then the collector becomes subject to a potential law suit.
If a representative from a non-attorney based debt settlement company tells that they can stop the collections calls ask them how and why the collector has to abide by what the debt settlement company claims. By law the collector does not have to deal with them. Typically their advise is to send a cease and desist letter, this can stir up a hornets nest. While this may stop the calls it will leave the collector no other option of contacting you to collecting the debt. So if they wish to continue to pursue with their collection attempts they will have to serve you papers to appear in court. Meaning that you will be sued.
4. Make sure the company is reputable.
A good place to start is to check the Better Business Bureau (BBB). Next thing to consider is how long the company has been in business. A general rule of thumb is to look for a company to have been in business for over 10 years. Thus ensuring that they know what they are doing and have settled many people’s debts in the past. What the scam operations do is open up as ABC company put through hundreds of people on their program that they know are not qualified for debt settlement just to take fees. Once they have these people complaining about not doing the right job they close down and start up somewhere else brand new as XYZ company. So if the company is brand new within a year or two that may raise a red flag and should be a major concern.
When it comes to law firms you have an extra layer of protection, the bar association. Check the state bar for the attorneys standing if you are going with a law firm. The attorneys are held to a higher standard by being a member of the bar association. With unanswered complaints to the bar an attorney can lose his/her license and business. The attorney cannot get another law license and just open up somewhere else. So it is in their best interest to do the best job for the client.
This is pretty obvious, if a company has an unsatisfactory record with the BBB and is not a member it would be best to stay away. If a law firm is not in good standing with the bar in other words under investigation, then stay away. If the company is relatively new and is showing some of the warning signs mentioned above, definitely stay away.
While debt settlement can be a very smart and viable option for many you need to be very cautious about the organization you are employing. By following the points and warning signs above you will greatly reduce the risk of being enrolled into a program that will not benefit you.
People are people. It’s human nature to always shop for the best possible deals. And is no different shopping for a credit card. Whether you’re starting out in the credit market or trying to re-establish your credit, it’s always a good idea to shop around for the best credit cards. While many people consider the interest rate on the card to be very important, it is not the only criteria for determining the best card available.
While shopping for the best credit card, the other factors that coming to play would also include length of any grace period, the minimum payment requirements, annual fees as well as interest rates are all factors that come into play when trying to make a decision on which credit card to apply for. The brand of the card is also a very important part of the decision process because most people would prefer a nationally branded card as opposed to a store branded card that is limited to specific retailers.
Card companies may offer short-term perks or benefits to induce individuals to apply for their cards, such as deferred payments or no interest on purchases made within a certain time frame and paid off within a set period. However, the best credit cards will not need to use these perks to seduce in new users. And many times once the invitational period or offer ends, the customer will close the account unless the lender can prove it is offering one of the best credit cards on the market.
Decisions Based On Non-Interest Items
Some people enjoy paying off their credit card balance within days of receiving the bill so the interest rate maybe a trade off for other factors. Some cards offer what is called a grace period for balances. Some will allow up to 25 days after the receipt of the bill to pay the balance off, thus no interest would be charged. Surprisingly, there are other cards out there that actually charge interest from the date of purchase. Needless to say, this is not considered to be the best credit card available.
It wasn’t that long ago when credit card companies charged everybody an annual fee just for the privilege of caring a card. That was considered an industry norm, but nowadays the card companies will waive the annual fees, especially to their best customers. The best credit cards would forgo the fees, especially for those customers who usually carried a balance on their account. Minimum payments may also very on cards, ranging from as little as 2 percent to a high equaling the current balance.
As usual, you should always read the fine print that accompanies every card, regardless of who claims to offer the best credit cards. There maybe stipulations included that can turn what, at first seems to be an offer for the best credit cards, into a real financial nightmare. A good example is the interest rate. It may start out low and then after a set time, or some other trigger factors, can shoot the rate into the sky.
Kerry Ng is a successful Webmaster and publisher of The Credit Card Blog. Click here for more great helpful information about Credit Cards: [http://www.greatcreditcardtips.com/picking-the-right-visa-credit-card]
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Sometimes when people try to make money online at first they are not working with a lot of cash. In this article we will talk about how to start an online business and do it without spending any money.
1. Determine a niche you would like to start your online business in. Try to pick something that interests you if such as cooking, fishing, antique cars, etc.
You are going to get a rare chance in your life to start a business on the Internet and do it based around a theme you have an interest in or a passion for.
2. Go to Blogger.com and set up your own blog. This is not hard to do and doesn’t require any technical knowledge.
You can come back and add to your blog at a later time. Primarily you should make sure and join the Google AdSense affiliate program so you can add Google ads on your blog.
3. Go to ClickBank and join their affiliate program. Once you have your affiliate ID number set up go to the ClickBank marketplace and look at digital ebooks you could sell.
You can create your own unique URL for each product. Some of them provide graphics you can paste on your blog. Others provide text link ads you can place in the body of your blog articles.
4. Write your first blog article. Don’t worry about writing a masterpiece at this point.
All you are really doing is announcing to the world that you’ve started a blog about whatever niche you are in. Your first article can be around 200 words in length and should contain basic things such as an introduction, body, and closing paragraph.
5. Go back to Google and study their tutorials on how to enhance your blog and market it online. Ultimately you are trying to drive visitors to your blog and earn money when they purchase a ClickBank product or click on a Google ad.
6. Join Twitter and Facebook. These two social networking sites can be a good source of making contacts online as well as getting additional traffic to your blog.
If all of these this seems intimidating it doesn’t need to be. What we’ve just done is shown you how to start an online business without using your credit card. So far everything you have done is free and takes nothing but a little bit of time to get started.
Cynthia Minnaar invites you to earn money online with legitimate online business ideas she will share with you. Her website will demonstrate a proven online business start-up idea that can work for you.
Article Source: http://EzineArticles.com/expert/Cynthia_Minnaar/34015
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