Credit and The InternetWritten by T.B. Collins
The internet stands as largest open marketplace in world today, almost every possible product or service is being sold on internet. With such an availability of potential monetary transactions, preferred method of payment is credit card. This method allows instant transfer of funds from consumer to merchant in a secure environment, and payment can be verified immediately. But this process poses a dilemma for potential consumer looking to shop on internet without access to a valid major credit card due to their inability to gain credit based on their past financial history.Having a good credit history is vital for consumers on and off internet, because it allows them to purchase goods or services with promise of future payment. This can also benefit consumer by reducing amount of interest rate charged by lending institutions, and having good credit allows them to make major purchases such as a home or car. The need for good credit is essential to shopping on net, where consumer can purchase just about anything they need, from a butterfly statue to a boat or airplane, and anything in between. So consumer that has a negative past credit history, and can’t get approved for a major credit card will have a hard time trying to make purchases on internet. But, there is hope for those consumers that would like to improve their credit situation, so that they will be able to acquire a major credit card. If they search internet they are likely to find that there are a lot of companies that promise they can improve a consumer’s credit, but what usually occurs is that consumer is sold a do-it-yourself credit repair kit. The problem is that, if consumer is looking to improve their credit, and is requiring services of a professional, they are generally past credit repair kit stage. Having a company that specializes in credit restoration, and not just selling of repair kits, can greatly increase a consumers chances of repairing their credit situation, and receiving a positive response to attaining major credit cards. A full service credit repair organization like Millennium Credit Service whose website is located at http://www.millennium-credit.com, provides more than just a credit repair kit they represent their clients through entire credit restoration process. The problem with credit repair kits is that majority of consumers who purchase them don’t understand that repairing their own credit can be a daunting task that requires time and patience. And, they tend to get emotionally involved in process; therefore having professionals behind them that have a understanding of law and how credit reporting agencies operate, and can represent them through their restoration efforts can stop consumer from making countless mistakes.
| | Trading the T4Written by Trader Jack
There is an old expression you may have heard - to 'gild lilly'. Basically, this means that if something is working fine, don't attempt to 'fix it', or 'improve it'. Chances are you will end up doing more harm than good. Nowhere is this more true than in cut and thrust arena of stock trading. And nowhere in world of financial markets is this more clear than in release of so-called 'T4 Trading Strategy'.Way back in dim and distant trading past (mid 1990's, in fact!) two VERY successful and famous traders by names of Linda Bradford Raschke and Larry Connors came up with an extremely simple yet effective trading pattern which became know as 'Grail' or even 'Holy Grail' pattern. This, of course, was a tongue in cheek reference to fact that there is no 'Grail' - simply because no trading system is infallible. The Grail, being a simple yet effective trading strategy, quickly became popular, mostly due to free Grail tools available on www.tradestars.com . As a method for taking advantage of a trend (either up or down), Grail has consistently shown itself to be one of very best trading strategies out there. No surprise really, given thoroughbred quality of strategy's parents. Then something interesting happened. A number of websites appeared trying to sell variations on Grail, using 'gung-ho' names such as 'Champion Trader' or 'Powerthrust Method' and so on. What was most interesting about this was not fact that unscrupulous people were trying to cash in on an established and successful method, but that 'improvements' these people had added to basic Grail (usually with '20 years development', 'millions of dollars in R+D' and so on!) had in fact made strategy MUSH LESS EFFECTIVE.
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