Great responsibility comes with having a credit card but the number of people who now have credit card debts is at an all time high; cards have become easier to obtain and more tempting to use, which is a lethal combination. With the debts rising, it is not surprising that individuals have started to realize the financial problem they have created by the constant and indiscriminate spending they have carried out. Once you have finally realized the mess you are in then it only remains to do something about it by sourcing some credit card debt relief.
The first step is to stop using the cards altogether as continued use will just compound the problem and make it harder to resolve. As soon as the spending has terminated it will be easier to find a source of credit card debt relief for the user. There are various debt consolidation alternatives available but the three most common options are detailed below.
Obviously, the easiest way to proceed is to apply for a credit card with a low interest rate on balance transfers where the debt can be consolidated where repayments can be made regularly within a specified budget. Consolidation loans are becoming popular as all the debts can be replaced with just one amount which should be considerably easier to pay on a regular basis.
The only problem here is that the debtor must be determined enough to stick to the plan they have made until the end. Debt consolidation does require that the debtor is still able to access credit and that they will have sufficient funds to repay the loan.
If this avenue of credit card debt relief is not available then the next option is to look towards negotiation with the card issuer directly or through a company that specializes in debt relief. Normally, when these negotiations proceed approximately half the debt will need to be paid and the reminder to be written off by the creditors.
Bankruptcy should always be viewed as a last resort when all other options have been tried as there are serious consequences to this course of action. This is the last resort for a debtor because once they declare bankruptcy, their credit standing fails and it will be difficult to get further loans; however, the positive aspect of filing for bankruptcy is it enables a fresh start. However you have found yourself in this situation, do not allow credit card debt relief to become a habit.
Source by Steven Yeoh
Banks, credit card companies, finance companies, landlords, utility companies or any company considering setting up a line of credit for you looks at your credit score. As a general rule prime credit falls in the 750 – 800 range, sub-prime falls in the 550 – 749 range, and bad is below the 550 level.
Many people hire companies to raise their score but you can do the same thing for free. Type credit repair in the search box and see how many companies provide this service. You can do it yourself.
Here are the basic steps to get you started.
1. Get a copy of your credit report. You can do this for free one time per year by going to www.annualcreditreport.com
2. Check your report for errors. Many times there are errors.
3. Dispute any errors and all bad credit items with the credit bureaus.
There are 3 credit reporting agencies. Experien, Equifax and TransUnion. Start by googling Equifax. Look for the On Line Dispute link. Follow the steps on this site to dispute bad credit items on your report.The companies that have reported sentences, late payments, etc. must then prove to the credit bureau that they are accurate. Many times these companies can not produce the records. If they cant produce the records within 30 days the credit bureau must take it off your report. Keep a calender of who you sent the dispute to and when you made the dispute. Allow 30 days for a response. Be persistent and contact the credit bureau at the end of the 30 day period.
Many people have raised their scores using this approach.
Source by Mike Barrett
With so many lenders making their way into the auto industry, a car loan is no more a difficult entity to obtain. These days, we even have a number of online car loan lenders who add to the ease in the process. However, one needs to be intelligent enough to choose the right lender. It should not be a hectic process that takes weeks and months together for completion. Auto financing is now a matter of just a few hours. At times, it takes less than an hour for the prospective car buyer to get the loan application approved.
The process is simple and the loan amount you borrow reaches the car seller's hands instantly. The loan agents that you find online work with a number of financing firms to provide you an automated loan regardless of your credit status.
Just makes sure everything happens in an instant. The complete process should take place very quickly and the application should take just minutes for approval. The car loan application typically has a few easy steps. Fill it and submit online. This should not take more than fifteen minutes. You may expect an instant reply or at the most in an hour's time. This only means that your loan should probably reach your car dealer's office by the next day. Of course, there will be a little paperwork to do followed by submission of a few necessary documents, but how long will that take?
There are certain things you need to remember. Even before applying, be sure as to how much you need to borrow. You just need to subtract the amount you have ready with you and are willing to spend on the car from the on-road value of the car. Also be sure as to how long you will take to repay the entire loan amount.
Coming to the application form, in case you feel it takes a whole lot of time for filling. Ideally these forms ask for personal information, employment history, and details of any other loans that you have borrowed from anywhere else and still have them pending. As long as you do not have a really bad credit history, everything is going to be fine in a matter of a few minutes.
With the loan, you can even have your new car reach your porch in no time. However, do not skip the research process while availing the loan. Get car loan quotes from as many lenders as possible and the lenders compete for your deal. You do not have to worry. Just go in for the one that will offer you the best loan; the loan with the least interest rate and the lowest EMI. Also do not go to borrow more than what is required. Remember, you have to pay back the entire amount that you've borrowed as loan. The more you borrow, the higher will your interest amount be. Also, there are chances that a higher loan amount can draw a higher rate of interest. Once the research is done, getting the loan is as quick and easy as the click of a finger.
Source by Deepthi Alvares
Purchasing sports seats for your car is considered as one of the ways of sprucing up and upgrading your vehicle. In fact, it is one of the not so used ways to customize a vehicle. You see, for most people, the common ways of upgrading a vehicle would be to change wheels, wheel covers, car seat covers, carpets, bumpers, and grilles.
Changing your car's seats to sports seats may not be so popular, there are some matters to take into consideration when you have decided that sports seats may be the best thing that could happen to your vehicle. After all, overlooked as they may seem, sports seats actually do not just provide your car with a sporty and aesthetic appeal but they also give you and your passengers comfort through long or short drives.
Before doing anything else, you should ask yourself how much are you willing to spend and how much could you really afford. By answering this first question, you would be able to check and ask around as per any sports seats that would fall within your budget range. Remember that sports seats come in a variety of options – each more sophisticated than the next. In fact, there are even sports seats that come with electronic adjustments of the lumbar support.
If you have no idea whatever as per the kind of sports seats that you would like for your car, you can check out automotive magazines. Or you can also visit automated websites. If you choose to do so, you can also try contacting manufacturers to get the names of dealers of sports seats in your locality.
Upon visiting an auto parts store that offers sports seats, make sure that you ask the store's personnel to show you their collection of these. That way, you can personally inspect the seats so you could choose which ones to purchase. Consider the seats' safety features. Make sure that you choose those that has a high and close back rest which has the capacity to support and protect your back. Also make sure that it supports not only your back but your whole body as well.
Source by Pamela Hewitt
It is estimated that it cost about $ 500 a day to put a delivery or service vehicle on the road. If you are a business that depends on these resources you know how hard it is to manage them effectively. The advent of sophisticated and smaller GPS vehicle tracking devices now allows every fleet manager to efficiently manage their resources. Many companies have realized tremendous savings as a result of employing this technology.
Private citizens are also utilizing the new technology as well. If you own more than one vehicle, boat, motorcycle, travel trailer or motor home know exactly where they are important. In addition if you have young drivers within your house hold you will sleep easier knowing that you can at anytime find your child and your vehicle. In addition you can monitor their driving habits in order to keep them safe while on the road. The liability of owning a vehicle that is being driven by a teenager can be serious in this litigious society. The use of GPS vehicle tracking devices that feature real time uploads will go a long way in preventing any serious problems to your financial well being.
The laws concerning the use of GPS vehicle tracking devices vary from state to state. It is generally accepted that you are legally able to place a tracking device on any vehicle that you own as either and individual or a business. Placing a tracking device on a vehicle that is not under your legal ownership or control is generally considered to be illegal in most circumstances. Penalties for violating privacy laws in some circumstance can lead to serious fines and even incarceration. Many businesses and private individuals have ignored these laws because it is reliably difficult to detect GPS vehicle tracking devices. Business that seek trade secrets or information that will give them a competitive edge frequently conducts illegal tracking activities. The very small size of the new real time GPS tracking devices makes it very easy to place a device just about anywhere on a vehicle.
In the same venue individuals also are violating the law by placing tracking devices on the vehicles of ex-spouses, girl or boyfriends. In addition there are several cases where stalkers have also used the technology to keep track of their victims. Many people think it is impossible catch someone doing illegal surveillance tracking but they are mistaken. Technology that detects cell phone transmissions can easily detect the tracking device uploads to the GPS service company that provides the tracking information you are receiving. Again this is a violation of the law use GPS vehicle tracking devices to track another private citizen. It is just not worth the risk.
Source by Jim Kesel