Debt consolidation – Options for Reducing Credit Card CostsWritten by Charles Essmeier
Continued from page 1
unwilling to help you, then you may be better off shopping around for a better credit card deal elsewhere.
You can often save money by transferring your balance to a lower interest credit card, if you have one. Competition has been fierce during last few years among credit card companies, and it is fairly common to receive “promotional” rates of less than 5% if you transfer your balance to another card. Be sure to read fine print, however. Those low rates usually apply only to transferred balances, and not to new charges placed on card. There is usually a time limit associated with promotional rate, and higher rates may apply at end of time limit, perhaps even retroactively!
In summary, if you want to minimize your credit card costs, try following:
Shop around for a credit card with a low interest rate.
Pay your bills on time. A good way to do this is to pay online. That way, you won’t have to worry about your check being delayed in mail.
Transfer balances from high interest rate cards to cards with lower rates.
Use your cards wisely. If you can pay cash, do it.
A few simple steps can save you a fortune in interest charges and late fees.
©Copyright 2005 by Retro Marketing. Charles Essmeier is the owner of Retro Marketing, a firm devoted to informational Websites, including End-Your-Debt.com, a site devoted to debt consolidation and credit counseling, and HomeEquityHelp.net, a site devoted to information regarding home equity loans.
| | Secured business loans – equipping your business blue print with concrete groundwork Written by Amanda Thompson
Continued from page 1
Your ability to make repayments on secured business loans is most emphatic point in getting your application accepted. Security agreements on a secured business loan will include description of collateral, identification of collateral. The business loans agreement will also include provision regarding preservation of collateral and right of secured party’s to inspect collateral. You must understand that in case of default, loan lender will look towards collateral to satisfy obligation. Secured business loans are offered at highly economical rates at all leading commercial loan lenders. As it is with a secured loan, interest rates are low and loan stipulations are flexible. A business loan can be secured at all kinds of business property in UK and also on commercial and residential properties. Secured business loans can offer upto 79% of loans to valuation or LTV. The secured business loans are available with both variable rates and fixed rates options. Secured business loans are accessible at freehold and long leasehold property. Bricks and mortar evaluation generally required to be conducted. Secured business loans are sustenance of any kind of business. It is important to discern that getting a secured business loan is in no way like a walk in park. You will have to go through a lot of paperwork than you assume. But paperwork will be basically of investigative nature. However, if you understand market you are getting into, there is no doubt your success in acquiring a secured business loan will be secured. Comprehend your strengths and your weaknesses and try to abate your weaknesses and optimize your strength. You know golden rule is - Before you start setting your financial goals, you need to understand where you stand financially. Decipher rule and if you have a viable project, with a secured business loan there will be no looking back.
Amanda Thompson holds a Bachelor’s degree in Commerce from CPIT and has completed her master’s in Business Administration from IGNOU. She is as cautious about her finances as any person reading this is. She is working as financial consultant for http://www.chanceforloans.co.uk To find a personal loans,bad credit loans,debt consolidation loans,home equity loans at cheap rates that best suits your needs visit http://www.chanceforloans.co.uk
|
