In today`s world banking has become quite easy for consumers. They do not have to wait in queue to collect money instead have ATM or debit cards to withdraw that are banks have provided easier solutions. One such solution provided by them is credit card through which one can spend money even if one does not have money at that moment. But these day some people depend heavily on credit cards and have more than one; they start using credit cards for their routine activities which earlier they were doing for cash; this creates debt on them when they are not able to make credit card consolidation charges of a month, also defaulters got increase and people suffer from money collectors of banks.
These days almost 50% population uses credit cards for routine shopping so credit card issuing banks have also increased sufficiently. I must say that it is very unfortunate that some of these people do not pay credit card monthly payment and had to bear unnecessary interest charges which is huge about 35%to 50% in some cases .
Once you are stuck in huge debts then you are left with two options.
One is balance transferring to some other credit card which charges low interest rates and free balance transfer for at least 90 days. Other is Credit card consolidation loan in which you pay in EMI with some lower interest rates. What I would suggest you is that when you are going to take a credit card see its terms & conditions carefully such as interest charges ,balance transfer charges, offers available ,annual fee subscriptions, online facility and others which you think for you as are important. Do not use more than 3 credit cards otherwise you will always stuck in some payment and use them when you really need and not just for buying grocery.
Secureloanconsolidation.com is a company which provides credit card consolidation service. The company also offers credit counseling, credit repair and credit consolidation services. The company is expertize in credit card debt, payday loans, home refinance, home equity loan markets and tax debt.
If you are in debt and you’re weak in negotiation then this company is right choice for you. The company specializes in debt negotiation and they can also negotiate your credit card debt on behalf of you. Their experts will give in their best efforts to get your debt amount as low as they can. Most important is the thing that the company negotiates your debt on your behalf and favors you the most in debt negotiation.
With their service you can lower your debt burden by paying less amount and lower interest rates. The company helps you to consolidate all your debt in easy monthly payments which gives you ample time to free yourself from debt. Debt consolidation is always a nice idea as it gives you opportunity to repair your credit score along with debt elimination and this may help you a lot whenever you need loans again in future.
The credit report is most important thing which lenders/creditors take into account whenever you apply for a new loan. If you have clean credit history then the chances of getting your loan approved is much higher.
Today credit card is one of the most important things we need in our daily life. But applying for credit card is not always easy. There are many things you need to consider before applying for credit card. You need to know everything about your Credit Card Company, credit card charges, credit card limit and credit card application details.
Out of all these things the most tedious work is to fill out a credit card application if you’re unaware of it. Your credit card approval depends upon the information you give out in your credit card application. Today I am revealing some important guidelines which you need to consider before you apply for credit card.
Selection of the Credit Card Company
It is very important to know everything about your credit card company before you choose it. In today’s world you’ll find ease in credit card comparison. There are many websites available on the web providing this service for free.
Gather information about Charges
It is necessary for you to know information about annual charges. You need to know their T.O.S and all the charges i.e. interest rates, late fees, annual fees etc.
Always fill out your credit card application with honesty. Make sure you provide them complete and true information about your financials and everything they ask for. If you provide them false information then you may face severe charges.
If you consider above mentioned points then you’ll find ease in getting your credit card. However, the approval of your application depends on various factors such as your financials, your credit score etc.
Labour is a credit card company, who says they want banks to offer “uncompetitive” rates to party members, and not cut rates despite the recent changes by the Bank of England. Labour’s credit card has an interest of 18.9 percent now on purchases and a 23.9 percent cash withdrawal rate. Customers have found this interest rate is the highest rate in the market at the moment, even higher than charity cards being offered.
Gordon Brown has been fighting with banks to make their lending practices better for the customer. He says too many banks are charging high interest rates when they should not be. Many of the High Street Banks have not followed the 1 percent cut rates that occurred back in December. These unfair practices by most banks and Labour are definitely stirring up the customer base.
Take the 0% credit cards available in the market today. This time a year ago there were three times as many and the cards that do exist do not give nearly such long balance transfer deals as they did a year ago. The only exception is the Virgin credit card.
The interest rate is at 2 percent, the lowest it has been in 50 years. Labour and other credit card companies should be passing on this savings to their consumers. It is still amazing though that 15,000 people have still signed up for one of Labour’s cards. When a person takes out the credit card Labour gets a 15 pound donation, and the party receives more donations as the card is used. The card has already managed to raise 1 million pounds, but at a rate of 18.9 percent customers soon find themselves in turmoil.
The cheapest credit card rate on the market right now is 9.9 percent, which is offered through the Co-Operative Bank just like the Labour cards. The Lib Dem credit card has the same standard rate of interest, but they don’t have near the members. It seems that Labour is taking more than just the opportunity to make donations, but they see nothing wrong with their practices, and don’t believe they encourage irresponsible spending. Still you see such offers as instant decision credit cards. They should spend less effort on telling us how long it takes to get accepted and more time lowering the cost of the cards.
The commercial transaction or commercial activity practiced over internet is known as ecommerce. Nowadays every business or individual tend to have their own website(s), this medium is very useful in reaching and attracting your customers or clients online. In this transaction the goods or services can be ordered / purchased online and the payments can be made online through online banking, credit card or payment processors like paypal, moneybookers etc.
With the help of internet the consumer can get vital information about the products he wants to buy and can do comparison which helps him making his decision by studying reviews/ratings for a particular product or service. With help of ecommerce websites, customers can buy/order products online and can pay online. Today there are many online stores which provides such facility, so that one can shop his necessities at home instead of visiting shopping markets for hours.
It is very easy today to have an ecommerce website. The first step is to buy a domain name which can be bought online from registrars like namecheap.com or godaddy.com, then you can hire web designer for ecommerce web design and hosting provider to host your website. In case if you dont want to hire a web designer and you want to create your own website then you dont need to worry there are many online website builder applications/sites are present online which can help you to build your own website within no time.