Debt Declaration – Bad Credit Help & advice, Debt Settlement Tips


May 27, 2011 by · Leave a Comment 

In the face of the current economic crisis there are more and more people faced with mounting debts. Credit card companies are charging consumers billions of dollars in late fees and interest charges. So how do you control your debt?

1. Select a credit card that charges the lowest interest rate and get rid of ones that charge a higher rate.

2. Pay more than the minimum payment to ensure faster repayment which means less interest to be paid and better for your credit score.

3. When repaying give priority to loans that charge a higher interest rate. Avoid getting high interest loans such as payday loans and title loans, look for alternative ways to raise the money.

4. If you are charged a late fee or a penalty, negotiate with the card company to have the amount waved off or reduced.

5. Monitor your credit card usage to prevent over spending. Allocate an amount to be spent and keep tab on how much you spend.

6. When getting a mortgage, opt for one with a fixed rate rather than an adjustable rate mortgage.

7. Seek help immediately when faced with credit issues to prevent further damage.

The Silver Lining of Investment Opportunities

May 17, 2011 by · Leave a Comment 

The hard truth about today’s economy is that it’s not getting any better. Job loss and unemployment are at all time highs, but it doesn’t have to be all bad. While the value of the dollar falters the value of the world’s true currency, gold, silver, and other precious metals, have only seen a steady rise with their increasing rarity. This means that those who buy silver and gold for investment purposes now will have increased financial security later. Individuals who have already invested are now reaping the benefits, so wouldn’t it be a good idea to take advantage of the silver lining in these hard economic times?

The Finexo Forex Trading Software: A Review

May 14, 2011 by · Leave a Comment 

One of the best ways by which you can decide on trading with a Forex online account is by reading up on reviews written by people who have used this software while trading. To say the least, there is a list of trading software that you can choose from, as most of them have become popular because of the obvious benefits that they offer their customers.

The Forex trading eToro is one such example and has been one of the strongest players in the market for a while now. However, there are other trading software options, such as the Forexwebtrader and the Finexo software, that are also considered to be an excellent tool to use for both experienced traders as well as beginners.

Here are some of the benefits that you get with the Finexo Forex trading software:

Benefit #1: Finexo is considered to be ‘young’ in the Forex brokerage industry and is known by many of its customer for its excellent support and service. While other Forex brokerages might use methods such as aggressive advertising and freebies, Finexo believes in helping their customers to learn how the Forex market works for the long term and shows them how they can make money as soon as they open an account, while not charging them commissions.

Benefit #2: Thanks to the award-winning platform that they use, also known as Webtrader2, their customers not only learn it well, but use it to garner profits with the required support. The user-friendly interface, as well as one-click trading options, can be of great benefit to the customer who isn’t so savvy with computers.

Benefit #3: You can not only trade with over 60 currency pairs, but you also get the latest updates in real-time pricing, graphs, and charts for you to use when investing.

Can You Get an Unsecured Credit Card if You Have Bad Credit?

May 13, 2011 by · Leave a Comment 

One of the toughest spots that you can find yourself in is when you have “bad credit”. Not only has it been recently found that you can have employment issues, but obtaining credit becomes twice as hard.

While several banks might reject applications if you are looking for an unsecured credit card to help you manage the bills that seem to be adding to your list of woes, there are certain banks that will not only help you get credits cards, but will also provide you with counseling and information so that you can get your credit score up again.

You can also find guaranteed approval loans whether you are looking for auto, personal, or even home loans, despite the fact that you might be struggling with a low credit score.

Yes, many a person with poor credit would have been denied these loans in the past, but all that has changed now. Even though you might have limited options as opposed to those with a superior credit score, the truth is that in obtaining a line of credit from these banks can give you a new lease on life.

And the best part of it all is that you can find low APR credit cards to help you keep your spending from spiraling out of control. Or if you really watch your spending, secured credit cards that are offered by certain banks are based on a deposit that you will have to place in an account associated with the bank.

In comparison to the past, where there were little or no options for those with bad credit, you can safely say that you can not only get an unsecured credit cards with poor credit, but much more.

Three Things to Keep in Mind When Choosing a Merchant Services Provider

May 12, 2011 by · Leave a Comment 

There are so many choices when it comes to picking retail merchant accounts that it becomes confusing unless you have a clear picture about what your business needs. To say the least, this is a vital process because since most merchant transactions are conducted with credit cards, you can be sure that this mode of payment will become more and more important as your business continues to expand.

But how do you know which service works for your business the best? The answer lies in being able to know what your business needs. Here are three vital aspects to consider before opting for a merchant services provider:

#1: Knowing your business

Let’s say the products that you sell don’t cost that much and are sold in high volumes. What would make sense is to find a provider who will charge you low transaction fees. While there is a set limit of transactions that need to be completed in a month, some providers will charge you an extra fee if you aren’t able to accomplish that target. You’ll have to be cognizant of the financial statistics related to your business in this way, and this is perhaps one way you can save money.

#2: Processing of payments

Most merchants have two choices: real-time or batch payment processing. While the former is suited to merchants who have a low volume of sales, the latter will be best suited to those who have a large volume of sales. Additionally, keeping the price factor in mind, batch payment processing is cheaper than real-time, but there is also a time lag involved. In some cases, where the merchant does not have the latest machines to process payments, some providers offer them a free credit card terminal in order to do so, which is a nice little bonus.

#3: Fees and rates

This is an aspect that is most vital as different merchant service providers have different ways of charging application or transaction fees.