Credit & Debt Settlement

4 Ways to Improve Your Credit Report

Written by adminJune 14, 2018

We previously wrote an article about how much Americans are taught about their finances, either in school or from their parents. As it turns out, most of us don’t get good advice, as there’s no real standard in how we’re taught.

This lack of education is what has led to the debt epidemic we have right now. As we go about life, we have a need to figure things out for ourselves, and that includes overcoming mistakes we’ve made that may hurt us down the road if we don’t get them under control.

One of those is the almighty credit report. Yes, the thing that gets pulled every time you want to buy something. Need a loan? Want to buy a car? Is it time for a mortgage? Well, your credit report is probably the single-greatest factor debtors use in determining if you’re eligible to receive help.

The ‘problem’ with credit reports is, if you made a financial mistake when you were younger, it’s going to follow you around for a very long time. If you have several bad hits on your report, you will either be offered loans with extremely high interest or be denied altogether.

If you find yourself struggling and want to know how to fix your credit report, there are four ways to do it.

1) Get Your Credit Repaired

Sometimes, the mistakes on the credit report aren’t yours! Go through the items listed and make sure everything can be verified. If it’s not, you can dispute the charge and the credit bureau has 30 days to verify or it will be removed. This is because law requires all information on your credit report be verified.

Other mistakes can include your report stating you made a late payment, when it was on time. Everyone makes mistakes, so this is something you can clear up. The process is called ‘credit repair’. Once they can’t verify you missed that payment, it will be removed from your report.

Even if you know you owe the debt, you can still find a way to get it cleared from your report. A lot of times, these debts are bought and resold, going from one debt buyer to another. In this case, one of your debt buyers may not have complete information. If this is the case, you can have that debt removed because they can’t verify.

2) Re-age Your Account

A lot of your credit score is determined by active accounts. If you’re not paying a debt and it becomes delinquent, that’s a huge black mark on your record. But, you have the power to change how the debt gets reported to the bureaus.

By contacting the creditor and working out a deal, you can tell them as part of the negotiation process that you’re willing to make payments if they report that your account is current. If you’re faithfully making payments on time, that debt won’t be as bad as a mark and can raise your score higher.

3) Get It Deleted

Debt companies love to negotiate. Each attempt will be different, but you can talk a company into agreeing to remove your debt from collections if you pay a certain amount. As long as they get their money, they’re happy and willing to work with you.

It’s not guaranteed they’ll go through with it though, so this is a risky move. It’s just another weapon in your arsenal that can help you at the negotiating table.

4) Wait

This isn’t the quickest option in getting your debts paid off, but in the credit world, nothing lasts forever. In most cases, your debts will be wiped out within 7 years. If you’re not in a rush and you plan on working on your score, you have the option to wait it out. If you’ve filed for Chapter 7 bankruptcy, that will stay on your record for 10 years.

Of course, the best option is always to stay on top of your debts and pay the off. That will ensure you have a good credit score when you need it. If you don’t, then obtaining credit will be extremely difficult without a cosigner.

Written by adminJune 11, 2018

Credit & Debt Settlement

If you’ve ever struggled with your finances, you know how emotionally draining it can be. That emotional stress can lead to physical problems down the road if they aren’t cleared up within a reasonable amount of time.

There’s an old saying that goes, “the rich get richer and the poor get poorer”. That might not have anything to do with the rich tearing down the poor to make them worse off. A lot of it has to do with mindset and allowing yourself to fall into this pit of self-perpetuating misery.

According to research, conducted by the National Academy of Sciences, has found that this cycle of financial troubles and debt impacts the brain in a negative way. It causes stress, their memories suffer, and they end up performing worse at tasks that might allow them to break out of the cycle.

This, in turn, impacts how they view life and alters their financial thinking. Rather than working out long-term solutions, they get laser focused solely on how they’re going to make it next month. If you’re constantly focused just on next month and in a constant state of worry, you’re probably not going to think about months or years from now.

That’s the problem. Fewer and fewer Americans are preparing for retirement, paying for health insurance, and neglect other necessities. They get into this cycle, add debt upon debt, and get so behind that saving money doesn’t even enter their minds.

It gets worse. These stresses transfer to overall health. When someone is constantly stressed, they run to unhealthy habits to make them feel better. They sacrifice their future just to survive today. They turn to drinking, drugs, stop exercising, overeat, and their health takes a hit.

It’s not a coincidence that a new report was also released this year that more Americans were becoming alcoholics and even drinking themselves to death at record rates. Financial struggles directly lead to unhappy people who compensate every way possible. The inability to get out of the cycle due to short-term thinking takes them down the rabbit hole of stress and disease.

Click Here For Student Loan ForgivenessDebt and Depression

If you’ve spent any time counseling with couples or individuals who are struggling financially, they don’t seem to have a grasp on the situation. They aren’t eager to fall into a plan because they don’t think it will lead anywhere. They become melancholy, even when shown a proven way to become debt free.

Even when you show them there’s a way out, a light at the end of the tunnel, it doesn’t always work to get them active in pursuing those methods. And that’s the major crux of the issue. There ARE paths to financial freedom and to live a debt-free life, yet it almost seems as if people get ‘comfortable’ in their misery and think life simply can’t get better than it is.

If you’re in debt and struggling to keep your head up, don’t give up! It’s never too late to take control of your finances. It will take some work, but you have to decide right now that you won’t live this way anymore. Once that black cloud stops hanging around, life does get better.

That means you need to start thinking about your future and stop neglecting your health. There are government programs out there designed to help you by cutting credit card payments, consolidating debts into smaller payments, and even debt forgiveness. Don’t sit around and mope and let the situation get the best of you.

A much happier future is right around the corner. All it takes is a phone call to get started.

Click Here For Debt Relief

Written by adminJune 1, 2018

Credit & Debt Settlement

One of the main reasons why people push off debts until a later time is they aren’t sure they can afford it AND keep up with their many rituals and lifestyle choices.

For example, if you go to Starbucks every morning, is that a luxury you’re willing to get rid of to save money? You can save $140/month by brewing your own coffee. If that’s a luxury you don’t want to abandon, that’s your right, but being in debt isn’t just a small problem you can push off until later.

Saving money should be your highest priority. You don’t have to give up all the things you love, though. There should be a happy medium where you get to enjoy life while handling your debt masterfully.

Here are 5 things to consider:

1) What does this indulgence mean to me?

Does it sincerely help you in some way? Maybe that morning coffee is a ritual you’ve been doing since college and it helps you get on your feet the right way. That’s great! But you’ll have to weigh the financial risk versus the reward.

The reality is, coffee in the morning can be done much cheaper and you can find a new way to wake up and be energized for the day that doesn’t involve coffee at all. If you’re unwilling to sacrifice this indulgence, then you’ll have to cut corners in other ways to make up for the pricy decision to stick with expensive Starbucks.

Take stock of the things you love and be willing to part with some of them, while keeping others. You’re going to have to figure out ways to save money for a little while until your debts are mostly paid off and you become financially free. You’ll have a lot more money to spend on the other side of debt mountain.

2) What are the benefits of this luxury?

When you sit down to write a list of all the things you buy throughout the month, whether it’s coffee, Netflix, expensive cable channels, unlimited phone plan, etc, you should be able to tackle each one and ask a simple question: what do I really get out of this? Do I need it? Is it THAT important to have?

3) Would I really miss it that much?

You might find that a lot of your spending is on frivolous things that you really can do without. There are alternatives, such as keeping Netflix and Hulu instead of cable, which will save you a massive bundle. If you think you’ll miss your local stations too much, get a TV antenna and those channels will come for free.

Again, it’s okay to keep a few indulgences, but really look to see where you can cut some of your monthly payments down as far as you can.

4) Look for bundled deals.

Right now, my phone plan offers Netflix and Hulu free. That’s a great bundle deal that saves me a bit of money each month. Let’s say you take a little more time to clip coupons for grocery shopping and go on days that offer 10 for $10.

Becoming financially free is all about making better decisions. You can do it, even if you have Champaign taste on a beer budget. Pick your battles. Eat out with coupons while cooking at home more often. Using a Kroger card at the store can save you $.10/gallon on gas, which adds up.

5) Add up your total potential savings.

After making your list and writing down the cost each of each of those things, you’ll start to see the big picture. Simply removing costly cable and eating at home will save you as much as $3,000 in a single year! I bet there’s a lot you could do with that extra money, which includes paying off debt and/or putting it away for a rainy day.

The secret to financial freedom is not getting caught up in thinking you need this or that and splurging at a time when you can barely afford it. Many Americans have debt up to their eyeballs, but don’t know how to say “NO!” to themselves when the next shiny toy comes out. This is why debt is at its highest levels in history.

Sacrificing some now will create a more successful you in the long run.

Written by adminMay 31, 2018

Credit & Debt Settlement

We’ve been doing our best to keep track of the tariff situation, as we know it will mostly impact the consumers of products than it will any one country.

After the U.S. and China seemed to cool down talk of a trade war, Trump isn’t backing down asserting his desire to improve the balance of trade he says has been unfair for so long. While he was able to successfully negotiate with China, the same can’t be said for the EU.

Last Thursday, Trump’s team and European officials made one last attempt to negotiate a deal in Paris, but it isn’t looking promising, potentially damaging trade relationships with European countries and inflaming tensions with our allies.

According to France’s finance minister Bruno Le Maire: “Global trade is not a gunfight at the OK Corral. It’s not about who attacks whom, and then wait and see who is still standing at the end.”

You can tell Europe is frustrated with the prospect of tariffs set to take place on aluminum and steel before the end of this week. It doesn’t appear a new deal will be struck beforehand, but the determination will be whether Europe thinks Trump will actually go forward with his plans.

He wants to impose tariffs of 25% for steel and 10% on aluminum in an attempt to force companies that use cheaper, foreign steel and aluminum to buy from the U.S. instead. So far, President Trump has only focused on Asia, giving our allies a reprieve, which expires at the end of the week.

The fear of everyone else not named Donald Trump is that a retaliatory trade war with Europe is the last thing the global economy needs, especially now when things have been on the upswing for the most part.

If the tariff goes through, and a new deal can’t be made, it’s expected the Europe will impose tariffs of their own. Peanut butter, orange juice, and other U.S.-made products are on the list the EU has threatened will receive tariffs if Trump goes through with it.

“This will only lead to the victory of those who want less growth, those who don’t think we can develop our economies across the world. We think on the contrary that global trade must have rules in a context of multilateralism. We are ready to rebuild this multilateralism with our American friends,” said Le Maire

Trump hopes that tariffs will help spur American economic growth and has rallied against unfair trade deficits since he started campaigning. But French President Emmanuel Macron has a different idea.

“Unilateral responses and threats over trade war will solve nothing of the serious imbalances in world trade. Nothing. These solutions might bring symbolic satisfaction in the short term. … One can think about making voters happy by saying, ‘I have a victory, I’ll change the rules, you’ll see.’”

His belief is tariffs won’t help. It might bring a short boost in economic success, but due to the higher prices and retaliatory tariffs, eventually someone is going to lose their job, leading ultimately to higher unemployment.

Written by adminApril 16, 2018

Credit & Debt Settlement

The United States is on the verge of a trade war.

In March, President Trump slapped a tariff on steel imports from China and other countries to promote job growth in the steel industry here. The consequences of such a move has doubled the price of steel in a matter of days.

Charlotte-based company Howard Steel has reported to Fox Business that the price of steel started rising the second the announcement was made and changed with each passing day.

“As soon as they even talked about a tariff, we were getting price increases, and they were rapidly going up,” Howard said. “What you bought one day, three days later, even that price had gone up. There was nothing consistent. We still haven’t reached the apex, and I don’t know where it’s at,” said James Howard, owner of Howard Steel

Right now, steel costs around $.68/pound, which is up dramatically from $.38 before the tariffs were announced.

Howard says the tariff is good in theory, and promoting American industry is usually a source of pride for companies like his, but in the end, the price increase is just going to be passed down to the consumer.

“The way I feel about it, in theory it’s a good idea, but I hate to say this, sometimes we can be our own worst enemy, and there’s a little bit of greed that goes through there. Anytime you get these price increases, and the orders are still coming in, well they’re just going to give you another price increase,” he said to Fox Business.

China’s Retaliation

The country hardest hit by these tariffs, other than the United States itself, is undoubtedly China. China is where we bought most of our steel previously, impacting the industry here in the States. Now that industries are buying American steel again, it’s hitting China’s pockets fairly hard.

That’s why China retaliated almost immediately, announcing that they will slap their own tariffs on 106 different U.S. exports, such as soybeans, whisky, and cars. They plan to target as much as $50 billion worth of our products, which is scaring literally everyone else into believing a massive trade war between the world’s two largest economies is only about to heat up.

And they’re right.

Trump Targets Chinese Tech

Throughout his campaign, candidate Trump promised to fight back against what he called ‘unfair trade deals’ the U.S. has with numerous countries, like China and Japan. He says we’ve been at a disadvantage and losing billions in trade deficits for decades.

The steel tariffs were just the first part of Trump’s plan.

Next, he says, the focus will be on China’s tech industry as a means of punishment for technology transfer policies that hurt the U.S. Trump hopes to hit $60 billion worth of ‘largely high-tech’ products within the next few months.

Which China continues to improve their technology manufacturing to boost their economy, perhaps Trump is looking to take a swing at the market to remain a global technological superpower.

Not all hope is lost, though.

According to Robert Lighthizer, a U.S. trade representative since the Reagan Administration, it’s an old tactic to announce tariffs to force both parties to the table for renegotiation.

In the end, no one wants to see a trade war that could ultimately hurt both economies. And where the U.S. and China goes, the rest of the world will follow. Hopefully this is nothing more than a negotiation tactic that will lead to better and improved trade relations between the U.S., China, and everyone in between.

Written by adminApril 11, 2018

Credit & Debt Settlement

When Americans with more than $20,000 of credit card debt call (833) 693 4090 and speak with a debt counselor, they may be surprised to learn they qualify for a large Debt Relief Program.

U.S. debt has exploded to over $12.73 trillion¹, ruining peoples’ lives with high fees and endless collection calls. A little known program is currently happening right now allowing U.S. citizens to potentially reduce thousands of dollars of credit card debt.

“I was so embarrassed. They called my boss at work demanding I pay $10,700! I felt like I was in a black hole, drowning and they were calling my job and now I’m worried they’re going to fire me because of my collection calls. I just can’t take the stress of knowing that if I lose this job I don’t have a back-up plan for my family.”² – Hannah Daley, Milwaukee, WI

QUICK VERSION: Smart Americans are seeing if they qualify to settle their $20,000+ credit card debt. There is absolutely no cost or credit check to see if you qualify for a phone consultation. Call this toll free number to speak with a qualified debt negotiator (833) 693 4090.

Our Mission and Who We’re Fighting Against

This is unknown to many, but if you or a loved one have $20,000 + of unsecured debt (credit cards, medical bills, and utility bills), then you may qualify for debt relief. This is a huge problem for large banks and creditors.

You see, banks don’t want you to know debt is negotiable. It’s in their best interest to keep you trapped making minimum payments so they can line their pockets with your hard earned cash.

Think about all the Americans stuck in massive debt because of medical bills or a relative taking advantage of their kindness. Don’t they deserve a chance to start over?

This is why it’s really a no-brainer to jump on this now. Collection calls and arguments over money could be a thing of the past.

But I Don’t Want to Take Out Another Loan or Ruin My Credit Forever!

Many people falsely assume they have to take out additional loans or ruin their credit forever using debt settlement. This is not only untrue, in fact it’s the opposite.

Debt settlement counselors use their negotiating expertise to get collection companies off your back. All of your outstanding bills are lumped into one small monthly payment that you control.

This often overlooked secret to solving your debt could have a massive impact on your family’s future. Imagine being able to finally provide your family with everything they’ve always deserved.

Thousands of Americans with more than $20,000 of credit card debt could take advantage of a free debt relief consultation, but sadly most of them think it’s too good to be true. Remember, if you or a loved one have outstanding debt and/or receiving collection calls you may qualify for life-changing debt settlement. Instantly see if you qualify today.

Act Now Before Your Window of Opportunity Closes

It’s 100% free to see if you qualify for a phone consultation.

Here’s How:

Step 1: Simply call (833) 693 4090.
Step 2: After you we ask a few questions about your case, a debt specialist will find the program that fits your debt situation. It’s very important to call right away to reserve your spot for this program before it’s too late! Many Americans report being shocked discovering how much debt they could settle.

Written by adminJanuary 16, 2018

Credit & Debt Settlement , Personal Loans , Saving

It happens in a blink of an eye. We spend our childhood getting just about everything we could ask for. Our parents worked very hard to give us a good life and to make us smile. If you were like me, you had a room packed full of toys, most of which you didn’t even play with. No matter what toy I had, my mind was always on the next thing. Then one day, it all changes.

Kids have virtually no concept of money. If they want or need something, it’s often provided for us. As we get older, we start to pick up a little more responsibility. Whether it’s your job to clean up after dinner, take out the trash, or vacuum the floors, we start to learn about work for the very first time.

A lot of parents will teach their kids that if they want that new toy, then they must earn it. But often, the biggest lessons of all are rarely taught. We all know as we get older that we must work for our money, but the concept of saving is seemingly lost on younger generations. Whatever they get in, they must spend immediately.

Spending Less than You Earn

According to Forbes, most 20-year-olds aren’t saving their money. They live right at where they can afford, opting for the more expensive car or apartment rather than living under their means and saving that money for later. Forbes also suggests, in their article 20 Things 20-Year-Olds Don’t Get, that young adults should learn how to spend 25% less than they make.

This is especially important when you consider that teens and young adults hop from job to job. They don’t have a steady work or credit history, yet they are at risk of making their financial life much more difficult if they don’t get spending under control earlier in life.

Here are several ways to help your child prepare for adult by teaching them financial responsibility.

1) When they’re younger, buy them a piggy bank.

A lot of kids already do have a piggy bank, but not a lot of parents use it as a method of teaching about savings. Once they start being able to help out with chores around the house, having them earn an allowance. When it’s time to get paid, it would be beneficial for you to sit down with your kid and go over their ‘budget’.

Yes, give your kids a budget! Do they want that new toy? Find out how much it costs and create a goal for them to save at least half of its value. When it’s ‘payday’, show them the money they earned. Discuss with them about how much they want to use right now (let’s say, for the ice cream truck? To get a dessert after dinner?), and how much to put in the piggy bank for the toy.

2) Offer a bonus for extra work.

The idea isn’t just to teach them how to save money, but how to have a good work ethic. Reward them for doing extra work around the house. If their only job is taking out the trash and keeping their room clean, but they start helping do the dishes and taking initiative, don’t be afraid to give extra.

In the real world, they’re going to have to hit the ground running. There will be no laziness on the job or slacking off. Once they know the value of hard work, they will be prepared to go to the extra mile for what they want in the future.

3) Show them how to budget for expenses,

A lot of kids love to go shopping with their parents. You can use this to your advantage by getting them involved in the shopping process. Disclose to them what the budget will be for that particular shopping trip. Sit down and go over what you need to buy. Show them how to clip coupons and find the better deal on items.

4) Teach them how to balance a checkbook.

This is one lesson that rarely gets taught to children. It can be a good way help them understand the importance of having good math skills. When they decide what they want to do with their allowance money, teach them how to keep track of the amount of money they have in their piggy bank and how much they’ve spent on junk.

It can be quite eye-opening for them to see how much money they wasted on things that could’ve gone to better uses. Not to mention learning a basic skill everyone will need to know.

5) Don’t forget about credit.

At every college around the country, credit card companies line up ready to get your kid to sign up. In fact, one of my closest friends told me about how he got into major credit card debt. It started the same way it does for a lot of students. His first year in college, they had tables everywhere for students to sign up.

Of course, he didn’t know a thing about credit cards, minimum payments, interest rates, or building credit. He was young and all he knew was he had a card with a certain limit on it. Before he knew it, he was thousands of dollars in debt and now in his 40s still trying to pay that off. It’s a warning to every parent who sends their kid off without knowing how credit works.

Written by adminJanuary 16, 2018

Credit & Debt Settlement , Personal Loans , Saving

Congratulations! You’re engaged and about to go on what should be the greatest adventure of your life!

Of course, in your mind, you’re working through all the ways the two of you can successfully navigate any stormy waters that might brew. You make plans and prepare, discussing everything to ensure the marriage starts off on the right foot.

But one area where couples struggle is when it comes to finances. Maybe you’ll have the preliminary talks (What do you do? How much do you make?), but a survey from the National Foundation for Credit Counseling has revealed that 70% of people had ‘negative feelings’ about discussing money with their fiancé.

20% of those surveyed believed that a real, in-depth conversation would either end in a fight or the end of the engagement altogether. The consequences of this are devastating!

Lack of Communication Reveals Nasty Surprises

We’re all different in the way we approach money. These differences can lead to difficulty after the wedding. Our views often come from our parents and the way money has been spent around the house as a kid. If your parents helped you get a savings account at an early age, you’ll be more likely to save.

On the other hand, if you received a lot of gifts and weren’t taught to save, saving might not be in your vocabulary. This often leads to a rift between couples who were raised differently. They join in matrimony only to find out their spouse is a huge spender and has been hiding a massive pile of debt under their mattress.

Now that debt belongs to you. Isn’t marriage fun?

This is why money problems are the number one cause for divorce in the United States. Couples who don’t communicate later regret it and are often ambushed by a partner who doesn’t share their same views. And when incomes are combined and bank accounts are shared, those can be dangerous waters to tread.

Improving Your Odds

If you’re intent on having a successful marriage and NOT becoming another statistic, then you’re going to have to get over the fear of having the talk you need to have with your future spouse. It’s 100% CRUCIAL for a good marriage to get the financial stuff situation beforehand.

Here are some ideas to help ensure you’re financially prepared for marriage:

1) Don’t start off your marriage in debt.

Weddings are expensive. They are often one of the most expensive milestones in our lives, next to getting the house and the car. As much as we dream about having this extravagant wedding, full of beauty and wonder, it can set your marriage back in the long run. It doesn’t exactly set a good tone going forward starting out your lives together in debt.

The average wedding in the U.S. costs $25,000, and that’s without the honeymoon or any of the other expenses that come with marriage. How many years will it take you to pay off that one single day? Plan a budget and stick to it! Sticking to the budget is the difficult part, as the cost of a wedding can add up fast.

2) Have the difficult talk.

Be aware of your partner’s financial situation. Are they a spender? Are you a saver? It’s okay to have different ideologies towards money, but it requires a lot of open communication to make it right. Sit down with your partner and make sure you have a serious, but non-judgmental review of their spending habits. Go over their debts and a talk about ways to make it work.

If you’re a saver, try to be understanding that people make a lot of mistakes when they’re younger. Most people often don’t know how to save, especially when they’re single and don’t need to. Now that things are getting real and responsibilities are piling up, it’s time to get serious and work out a budget together.

3) Build up your savings.

Married couples often live to their max on both incomes. If you buy a house, you’re most likely going to do it together with the mortgage based on what you both make together. That’s perfectly fine, but what if one of you loses your job? This is where being financially prepared can save your marriage from a ton of heartache and frustration.

The vast number of divorces over money happen when times are difficult. The economy slows down, jobs are hard to come by, and the family loses out. That’s why it’s more important, especially in the beginning, to forgo some comforts to put that money into a savings account. Build up at least six months’ worth of emergency savings in case the worst happens.

4) Plan, but take your time getting there.

There’s no doubt you spent a lot of time daydreaming about white picket fences and a yard full of kids from the moment you feel in love. To go along with building up your savings, hold off on making the big purchases for a while. It’s not going to hurt to rent a decent apartment for a few years while you build up your savings.

Do you really need the top of the line car or the best cable package? Whatever the case may be, sit down and plan out your future. Cut spending while you can, save as much as possible, and keep your plans close to your heart. Write down a timeline with your goals in place. Maybe buy a house in 5 years rather than right at the beginning.

Are you prepared for children? I wouldn’t be surprised if many kids born are happy little accidents. You can plan for them all you want, but they have a knack of showing up when you least expect them to. Either way, these are all things you should sit down together and talk about. Write up a budget, determine what will go into savings, and grow together.

Written by adminJanuary 12, 2018

Credit & Debt Settlement , Refinance , Saving

The American dream. Financial freedom. Being able to do whatever we want, whenever we want. That’s the life so many people chase after, but often don’t know how to achieve.

We often get into the grind, thinking we’re making the right choices. The sad truth is, we’re running around and around in a giant hamster wheel, working our tails off to keep it moving, but going nowhere at all.

If you can have enough money in your bank account that you never have to worry about living month-to-month or paycheck-to-paycheck, that IS freedom.

So, how do you take your life to the next level?

Step #1: Look at your earnings and make bold calls if you need a change.

The difference between where you are now in life verses when you first got out of college or graduated high school is you’re a bit more experienced in life. Whatever you’re currently doing, you’ve most likely been working on it for nearly a decade.

You’ve learned, studied, grown, made mistakes, gave up, went after again, and so on. If you take all of this into account, what stage would you say you’re at?

And most importantly, where do you see yourself in another 10 years? On your way to becoming a millionaire? Then great! Don’t change a single thing. Keep plugging away doing exactly what you’re doing.

But be perfectly honest with yourself. Do you need to make a change? Maybe you’re in over your head? You might need to make a slight or a drastic change to stay ahead. As they say, “Insanity is doing the same thing and expecting different results”.

Step #2: Make sure you focus on your top client.

Here’s the thing, you need to remember one person. And that person is yourself. We often forget about our own well-being and seek to please others first. If you work at an office while attempting to start your own business, will working those extra hours really net you anything?

This might sound selfish, but you have to ask what’s in it for you. What will you get out of it?

As long as you’re working for your boss, you’re helping them fulfill their own dreams and reality. They get to go on longer breaks and vacations while you plug away extra hours to make them more money.

And it’s a waste of your time! Instead, make sure you’re getting something out of it. If you’re not, consider it time wasted away from what you should be doing: setting up your business!

Step #3: Other Money

This might seem counterintuitive, but If you need some money, borrow it. Don’t be afraid of borrowing money and using that to get things going. It’s used most commonly perhaps in real estate, where someone takes out a mortgage, buys and fixes up a house, and then uses rent payments he collects on the interest.

As with anytime you borrow, it does come with risks. There can be a downturn in the economy, but I’m willing to bet that most successful businesses started out with an idea, drive, and a loan.

They often say that you need money to make money, so you can try borrowing if it’s worth the risk. It may be the only way you get to take that step.

Written by adminJanuary 10, 2018

Credit & Debt Settlement

The invention of credit has been both a blessing and a curse for millions of people throughout its existence. Without credit, most average people couldn’t afford the things in life we often take for granted, like cars, college, and even your home.

The problem is, sometimes the temptation is too much. We all enjoy buying things and making purchases that make us feel good, but the use of credit often has numerous drawbacks. The biggest drawback to having a credit card is its cost.

According to the National Foundation for Credit Counseling, seven out of 10 adults used their credit cards for everyday purchases. This is a major issue with a lot of people who can’t even afford to buy the things they’re using credit to buy.

The banks don’t make it easy…or cheap. Fees, interest, charges, overdraft, and so much more can suck the dollars and sense out of your bank account and your peace of mind. This is where the Catch-22 comes into play.

We NEED credit. Without it, most of us are just out of luck. But if you’re one of many Americans who are currently searching for ways to get out of debt while improving their credit, here are several credit cards you should stay away from:

1) The Visa Black Card

One of the more popular cards on the market, the Visa Black Card will cost you $500 per year just to use it. That’s not bad enough, you be sucked dry with 14.99% APR. While it’s quite an expensive card to own, it also doesn’t really come with any benefits either. If you have debt, the last thing you want to do is pay this kind of money use a card with little benefit.

2) Wells Fargo Business Platinum Credit Card

Here’s another card was very little reward. You must pay an extra annual fee is to receive any benefit at all. Not to mention, this card has zero protection on it comes to arbitrary interest rates being increased. If you’re in debt, you shouldn’t be willing to subject yourself to higher and higher levels of interest.

3) First Premier Bank Platinum MasterCard

This card is another dozy. No wonder people are in a lot of debt! But if you don’t mind paying a $223 annual fee PLUS 36% APR, I’m sure you will be in line to get this one.

4) Centennial Classic Credit Card

This is another card issues by the same bank as #3. Just to open an account, you’ll need to dish out nearly $100. Fees will total around $120 per year with the same wonderful 35% APR.

5) Best Buy Reward Zone Credit Card

Sometimes people like to ‘invest’ in credit cards that offer a lot of rewards. For example, if you’re a fan of technology, games, and entertainment, then it would only be natural to have a credit card that offers you those rewards.

The problem is, the card is exceptionally expensive to own. Not only are you paying nearly 30% APR, but any interest fees you didn’t manage to pay will roll over into the next year, adding to your debt. Is that really worth the rewards you can only use at their store? This is why most themed reward cards are never good investments.

When Americans with more than $20,000 of credit card debt call (833) 693 4090 and speak with a debt counselor, they may be surprised to learn they qualify for a large Debt Relief Program.

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