Archive for February, 2010
How can I get business financing fast if I have bad or no credit?
February 22nd, 2010 | 
Author: We need finacing fast to save our business, which is our only form of income. I have no credit and my partner has bad credit. We came so close to getting scammed by one of those payment up front loan scams. We don’t have a car that can be put up as collateral for a loan. We don’t own a home either. Does anyone know of anything we can do?
hi
If you looking for a legitimate payday loans upto $1000 in 1 Hour .once approved your loan will be transferred directly to your checking account promptly, and securely. Now you’ll be able to use the cash for all your necessities.
http://bestpaydayloancompanies.com
• 100% secure and processing
• No faxing -No credit check
• Immediate online approval
• Excellent customer service
• Get Cash in Minutes!
Good luck!……..
When will the Insurance Lobby force us to have Medical insurance like the did Auto insurance?
Forced auto insurance, seat belt laws, helmet laws, child safety seats, laws and regulations, all brought upon us by insurance companies who use government regulation to maximize their profits.
Isn’t it only a matter of time before they get their friends in Washington to make Health Insurance Mandatory?
Or is that the republican plan for reform?
Reagan warned of obama and his kind, and I’m not referring to his race, He is a socialist, and health care is his door opener.
http://www.youtube.com/watch?v=fRdLpem-AAs
Please forward this video to all who question the "acting" president’s agenda!!!!!
Who is responsible for credit card debt if somebody dies? Or does the company eat it?
Say somebody has X amount of credit card debt, then they die but still have that debt to the credit card company outstanding, what happens? Does the company have to write it off as bad debt or ? Perhaps the company can hit up that person’s estate. But let me pose another question then – what if that person’s estate does not have enough money to cover that credit card debt.
The person’s estate or surviving spouse, otherwise, they have to eat it.
Most credit agencies have a life insurance policy on their lenders now and don’t persue the matter if you send a copy of the death certificate in to them.
What would my creditors & debt management company do if i missed 1 of my monthly payments??
I am currently on a debt management plan with a third party company whom i pay £300 per month towards clearing my debts. This £300 gets split to pay off my creditors.. Just out of interest what would my creditors/debt management company do if i was to miss one of these monthly payments? What would the consequences be if i were to miss a payment?
You need to call them (the debt management company) and let them know. If this is a matter of the due date, sometimes you have the option of paying creditors directly about ten days later than your consolidated payment would be due, or making a rush payment. But if you actually need to miss a month. . .
Often it doesn’t matter at all–the creditor has to notice the missed payment and have a policy to immediately take action due to your past delinquency. But missing a payment means that the nice deal they made with your creditors has been broken by you and the creditors have the choice to cancel the agreement. Normally, they will let you make the deal again and get back on the program, but they don’t have to. Also, that won’t happen automatically. If your creditor cancels your agreement, you will not get notice, your interest rates will go up, and minimum payments and late charges will be back in the picture. You’ll have to have the debt managers make the deal with your creditors again, and the creditors could opt for different terms to the deal this time.
any legit debt settlement companies?
Me and my husband owes 19K from Chase New York. We are really having a very bad situation coz im pregnant and we have a 6 year old son. I have no job and my husband’s work gives no overtime at all.. Last month, we signed up with a debt settlement company called Freedom Fidelity management. Its a mistake that we didnt look at BBB first, coz that said company has an F rating. and at the same time., the Chase company is sending us letters about them offering settlement.. So, we asked what there offer is., it turned out that we have to pay 90% of the money that we owe in 4 months, which is ridiculous, coz we have no money at all.. We’re living paycheck to paycheck.,Chase is our only credit card.. we ripped the card so we will stop using it.. We are aware that we are responsible for our debts of course., but i cannot believe that Chase is acting like theyre offering some kinda settlement which for us is not helpful at all… 90% of 19K is too much.. so we have no choice now but to find a legit debt settlement companies.. I really hope that you can help me or give me an advice here.. Thank you so much!
Adding to what others have said already:
First of all, make absolutely sure you have to go the Debt Settlement route! If there’s ANY way you can borrow from friends or family to get out of this mess I strongly urge you to at least consider it!
If you do have to go the Debt Settlement route, here are some things to consider, especially if you have a boatload of debt and numerous accounts as I did last year:
1) Your Credit Rating will take a hit since settled items are usually reported as “Paid-Settled”. How bad of a hit depends on whether or not the debt in question has “charged-off” yet, but either way it will take a hit.
2) Most Creditors will not negotiate a lump sum settlement until AFTER you are in default, so basically if you want to settle, you have to stop paying before they will even consider settling. This puts you at risk of being sued (see Item 6).
3) Once you default, you will get CONSTANT calls and letters from the Creditor. Once they give up, a Debt Collector will do the same. Be prepared for the onslaught and DO NOT DISCOUNT THE PSYCHOLOGICAL TOLL THIS WILL TAKE ON YOU! If you’re like me and are not used to being unable to pay your bills, each call and each letter is like a punch in the stomach, reminding you that you are incompetent and can’t pay your bills!
4) Debt Settlement can be done on your own. I started 2009 with a Debt Settlement company but eventually fired them when I realized I could do it on my own. There are many resources here in Yahoo Answers that can help guide you. Do lots of research! I recommend reading the questions on this topic that CatDad, Dixie Darlin’, and Bdancer222 have answered; based on my experience with Debt Settlement, they are very knowledgeable and know what they’re talking about.
5) Do not hire a Debt Settlement company! It can be done on your own with the same or better results, and you’ll save a lot in fees! Generally, they charge 15% of the total debt you enroll in the program, spread out over 12 or 24 months. The fee itself makes it VERY DIFFICULT to save anything for settlement depending of course on how much debt you enroll and how much you make.
6) Be prepared; you can get sued! There is at least one Credit Card company I know of (Discover) that will likely sue not long after you’re in default. AMEX was very also very aggressive in my case (they’ve sued me on two of the four accounts I had with them).
Bottom line: don’t go this route unless you absolutely have to, but if you do have to go this route, arm yourself with research and knowledge and know that it CAN be done!
How to Finance Your Small or Home-Based Business
Learn various options for financing your small business. Visit http://www.powerhomebiz.com for info on starting a home business
Duration : 0:3:16
The Health Insurance Racket
Forward this video to your friends and watch all the videos at www.sickforprofit.com
CIGNAs Edward Hanway spends his holidays in a $13 million beach house in New Jersey. Meanwhile, regular Americans are routinely denied coverage for the care they need when they need it most.
Welcome to the American health insurance industry. Instead of helping policyholders attain the health security they need for their families, big insurance companies get rich by denying coverage to patients. Now theyre sending lobbyists to Washington, DC to twist the arms of lawmakers to oppose reform of the status quo. Why? Because the status quo pays.
Learn more at www.sickforprofit.com about the glamorous lives of billionaire health insurance executives and tell us your story of being victimized by their greed.
Duration : 0:5:48
Posted in insurance | 
Tags: brave new films, CIGNA, Greenwald, health care, health care debate, health insurance, news, politics, pubic option | 
25 Comments »
Dateline NBC – Debt Settlement vs. Debt Management
As Americans struggle to manage their finances through the economic downturn, many are turning to the debt servicing industry for assistance. Unfortunately, the public routinely confuses the types of services provided by debt settlement and debt management agencies, which differ significantly. Join Thomas Fox, Cambridge Credit Counselings Community Outreach Director, as he discusses the important differences between Debt Settlement and debt management.
Duration : 0:4:47
Posted in debt management |
Tags: Cambridge, corp., counseling, credit, debt, Economy, management, settlement |
No Comments »
Debt Relief & Management Tips : How to Stay Out of Debt
Staying out of debt requires living below means, planning a detailed budget and saving money. Keep debt at bay with tips from a consumer credit counselor in this free video on personal finance management.
Expert: Maria Enomoto
Contact: www.gotdebt.org
Bio: Maria Enomoto works as a credit counselor for Consumer Credit Counseling services in San Jose, California.
Filmmaker: Bing Hu
Duration : 0:2:24
Posted in freedom debt management |
Tags: aid, bankruptcy, business, card, credit, debt, finances, government, grants, loans, money, scholarships |
2 Comments »