Negotiate With Credit Card Company and Settle Your Debt

If you really want to enjoy your financial freedom, you should start thinking now and settle your unpaid balance in your credit card account. Initially you will feel this task to be very difficult because of credit card high interest rate.

It is very true that one cannot settle his or her debt overnight. For that you need to have patience and learn the negotiating techniques for better terms with your bank, so that they could lower your credit card interest rate and you can able to pay off your unpaid bills faster.

Only negotiating with credit card company will not serve any problem, unless and until you can cannot found your ways to cut down your credit spending. If you have the habit of impulse buying, then it will be good suggestion for you to leave your credit Card at home when you know that you still have huge unpaid balance to take care. In case if are carrying too many credit card beyond your paying capacity, you should try to trim it down to two or three.

Since credit card companies now a day are dealing with so many bad credit clients, it might sound difficult to strike a deal with them. If your are lucky enough and have patience, it is worth trying them. Even a slightest decrease in your interest will give you a great satisfaction. Simply what you need to do is to ask for special consideration in your credit card interest rate.

You must be pessimist in your call. Even if you get denied in your first call do not loose hope. But if once the company looks at your record and sees that if you have not missed any of your payment in the past, then there are great chances. Always remember to be polite with them, whenever you are interacting with them. If you cannot keep yourself cool then striking a good deal with the bank will be a problem.

Generally credit card companies make customer at ease while negotiating with them because they want to satisfy the need of the customer in best possible way. Companies at time are willing to comprise with their credit terms in order to help their customer to settle their debt soonest.

At last I can suggest you that in case if companies are very rigid in their terms, you should always cut your card with them and transfer your card with another company who can meet up your needs.

Choose Health Insurance Coverage With Confidence And Ease

It is very true that finding proper health Insurance coverage is not an easy task. Before buying any coverage you need understand them properly. Here I can help you with some easy steps which can give you the most benefit from your opted Health Insurance coverage.

Prepare the list of your current health condition and related health issue:

First and foremost concern for you is to judge your current health condition and medication. You can also make note of primary concerns and questions related to choosing Health Insurance.

Collect information from various health insurance providers:

After analysis of your health condition, now its time for you to get information from various health insurance providers. Since different policies are available and it is the matter of lump sum amount, so it is necessary to review the policy more than once. In future it will help you to save your money, time and will thus improve your quality of healthcare.

I can provide you with the name of major Health Insurance companies. If you want you can choose them from the following:

• Golden Rule Insurance,
• Celtic Insurance
• American Medical Security Insurance
• Time Insurance
• UNICARE Insurance
• Humana Insurance
• Blue Cross Blue Shield of Michigan Insurance
  

Review each healthcare plan carefully:

You should not choose plan randomly as suggested by agent. In fact make proper note of benefits provided by each coverage plans like physical exams, specialists' care, hospitalization, prescription drugs, dental care, vision care, emergency care Ob-Gyn care, preventative care, and alternative care coverage.

You should properly compare each plan with other, keeping in mind co-pays, spending limits and deductible amounts in each section for each health insurance plan. By following this process you will notice that most likely one or two policies will meet you requirements better than the others.

Finally make all your doubts clear and proceed with decision:

After choosing 2 to 3 plans, try to keep note of questions and concerns about each plan. Now it’s high time to get all your questions answered and make your doubts clear.

Do not hesitate to ask question in case of single minor doubt. You should also make sue that you are talking to qualified health insurance agent. Finally if you feel that you have all the information that you needed and you are clear with your doubts, now its time to make your final decision.

Thus these are simple four steps which one keep in mind before choosing your Health Insurance plan.

The Easiest Way in Getting a Debt Consolidation Loan

It is very true that all of us love to do shopping. After our shopping and limitless swiping of card finally the bill arrives. Seeing the bill amount we say to our self “it is okay I will just pay the more amounts next month and not make payment this month”. This cycle goes month after month and interest causes chaos on your monthly budget and finally and slowly you realize that you are unable to pay off your bill anymore. Then the only option left with you is DEBT CONSOLIDATION LOAN.

You ask yourself “what is the easiest way in getting a debt consolidation loan”? Here I will suggest you good ways to secure for debt consolidation.

Locate reputable and reliable company:

You should choose a company that is strong and reliable and would help you to sort out your payment. You can take help of Better Business Bureau (BBB) in order to get the list of such companies.

Contact the short listed companies and gather information:

Initially you should enquire about fees, hidden cost, interest rates, services and facilities from the short listed company. Even you should take help of your friends and family who can advice you on such issue.

Make a comparative analysis of gathered information

Try to compare the cost of each company with the other in order to get the best service at minimum cost. Calculate the amount that is needed to meet your financial obligations as well as figure out the fees and interest rate and try to match it with your budget.

Call up them and fix an appointment:

Next step involved is to meet them in person in order to discuss the possibilities of taking loan. You should ask them about each step in details and the process which you need to go through.

Finally prepared you self to sign contract:

After understanding the every aspect of loan you should get ready to sign contract and take possession of the check. In case of any doubts you should not sign instead take the form home, read it and if you do not understand any part of it call your agent.

Finally if everything get settles and you understand every norm, you can sign on dotted lines. But you should keep in mind that loans are tricky matter and you should keep in mind any doubts before head.

Express your love on a budget

If you are on budget this year it does not mean you will have unromantic valentine day. To celebrate your day with love you don’t need money instead you have to apply your little creativity. You will really fell that your expression of love has become more romantic and you can preserve this memorial Day in less than $ 10.

Sweet love card

Instead of using that standard love letter go and buy children valentine card. Fill the card with the loved memories and quotes and comes from the core of your heart. This one will be most touching and emotional gift for your spouse. It will cost $ 5 or less.

Love coupon

You can gift your sweet heart of her choice by gifting love coupon. Coupon should include romantic dinner, massage and things of your spouse’s choice. You simply need to design it well and print it with your printer and let your lover know how much you love her. This is something you can express your love and affection without any cost.

Create love blog

This is something very touching and your lover will really appreciate it. You can create your blog by using free service from blogger.com. You can add photos, memories and your thoughts. This is something very nice gift which you can give without any cost.

A single red rose

Instead of giving dozen of roses, gift him or her with single red rose. Give her a card with rose and express your love by listing the reason that the two of you are perfect together. It will cost hardly $ 5 for roses and $ 4 for card.

Custom playlist

If your spouse is addicted to songs and ipod, then this one is the good one for him or her. Make a list of romantic song of his or her likes and gift it. This one will cost hardly $1.

Prescription for love:

You need to find out the old pill bottle and fill it up with heart shaped candies. By using your printer makes well designed prescription and write in it: Take twice a day with a kiss. It will cost hardly $0.50 per box.

This is what I can suggest for couples who really want to make their day special, but keeping their budget under control.

Common Myth on Credit Score

Credit score is one of the integral parts to evaluate your financial position. To access a person’s financial stability credit score is one of the easiest ways. Everyone like insurer, lender, and landlord all enquire about your credit score. Credit score of a person ranges from 300 to 850. Thus it is necessary to know how this score is derived.

But according to latest American survey it is predicted that half of the American are not aware of how these credit score is derived and what factor are taken into account when calculating our score. Since our entire existence depend on this score, thus it is necessary to know what the credit score actually is and what are the things that affect it are.

But unfortunately people have lot of misconception about the credit score. So here is some common myth along with their true facts about credit score.

MYTH # 1

Different formulas are used by major bureaus to calculate your credit score.

FACT

There are 3 major bureaus i.e. Equifax, TransUnion, and Experian. Credit score derived from these bureaus have different name, but they use the same formulas to come up with.

The reason to have different score by different bureaus is because the information in your file they use to base your report varies differently.

MYTH # 2

To immediately repair my credit score I should pay off your debt.

FACT

Paying off your immediate debt cannot improve your credit score, if your credit history is not good. Your credit score largely depends on the past performance than on current amount of debt. You should pay off your credit card debt on time to maintain your credit score. Instant payment of credit card debt cannot remove your previous damages.

MYTH # 3

Pulling my credit report may hurt my credit score.

FACT

Credit report is pulled off for different purposes. When pull their credit report for educational purposes it is considered as “soft enquire” and it will not affect you credit score. But when creditor or lender pull off your credit report for the purpose of granting loan it is considered as “hard enquire” can negatively hurt your credit score.

MYTH # 4

Income is the factor that affects the credit score.

FACT

Income is nothing to do with your credit score or credit report. It may happen that the person who make solid living but have poor credit score, but at times the person with lower salary could have good credit report.

MYTH # 5

Closing my accounts will boost my credit score

FACT

This is one of the common misconceptions. Every one of us thing that closing down our account would help in increment of credit score. In fact opening such accounts negatively affects our credit report and closing account can never help your credit score. Once the account has been opened the damages has already been made. In fact closing down your account makes the situation worse.

The credit score is affected by the difference between the credit that is available and the credit that is being used. Shutting down accounts reduces the amount of total credit available and when compared with how much credit you can use your actual credit balances are made to seem larger. This hurts your credit score.

So the best way to improve your credit score is to pay off your bill on time, pay down your debt, correct the existing errors on your credit report

Tips to save on Auto Insurance

Now a day our expenditure on insurance policies is increasingly increasing. We tend to spend more on these policies than on ourselves. Such policies are similarly necessary as our food, clothes and water. But at times we tend to pay blindly huge premiums on these policies especially on auto insurance.

The amount of premium we pay on auto insurance depends on several factors. It depends upon:

Your age

Your driving record

Where you live

The risk factors

The make and age of car

Auto Insurance is necessary because if good luck is not in your side and you are involved in auto accident or theft of the car for fault of yours. It will definitely help you to take out of this financial mess. Thus there is no use in canceling your auto coverage, in fact you should find out way in which you can have extensive coverage at lower cost.

• There are different insurance policies available in the market. So it is initially important for you to do comparison shop and find the best policy. Auto insurance premium differ from company to company and between online payments and payment at offices or by mail.

• Paying higher deductible always lower you premium. Thus you should find out how much large deductible you can pay out of your pocket.

• Having a good credit score and report is helpful in lowering you premium amount.

• Opting for eco friendly car also reduces your amount of premium.

• By keeping your mileage low you can qualify for a low mileage discount. To qualify for this discount you need to use public transport or do walking for near by location.

• Vehicle meant for personal use attract lower premium than that which is used for business related travels.

• A group auto policy is one of the easiest ways to curtail your premium cost. You should opt for policy that should cover the all vehicle owned by family.

• Membership to particular club or organization also makes you eligible for discounts on an auto insurance policy.

• Maintaining a good record of driving for 3 years also lowers you premium rate.

• Taking policy from same provider from whom your family had already taken health, life and home policy also lower your premium amount.

Thus instead of moaning and groaning for higher premium you should try to reduce your auto insurance premium by keeping in mind the above recommendations.