You might have a grim idea about the revolution brought about the credit cards and the immense change in the financial system around the world due to it. But, few people realize that a huge percentage of the population is getting addicted to these plastic cards and taking debt for normal shopping even if he has cash. This practice has been injected into the people with attractive offers and marketing strategies. Here are some hidden facts...more
As the financial system of the entire world is on a destructive mode, it is not surprising if you are not able to meet the repayment bills. The situation becomes more intense when you have to look into your regular commitments, as well as take care of the debt amounts. If you have confidence on your business and you think things might work out, it's well and good. But, if your financial framework has started shaking and you are finding it...more
As we all have witnessed the recession monster eating up our entire financial system we are completely shaken till the roots. Fear has gripped many people who think credit card as the sole reason for their present condition. The real problem appears when your regular expenses gets associated with the monthly bills that you have to repay and your business is not doing or running well. The Obama administration has realized this grim situation and taken some wise steps. These steps were mandatory in a sense as it was essential on the part of the credit card companies to regain confidence of the people.The federal government has provided new rules that allow customers to enter into an agreement with their creditors. This provision has also enlightened the chances to settle credit card debt as we can now get our outstanding amount reduced. Just imagine, if we need to repay half of the money we had spent in as much time, how ideal the situation would be? The Obama administration has injected the credit card companies and banks with financial aid so that they are able to stay alive in the distorted market condition.Now that we have another chance to settle credit card debt, the main thing...more
It is the nature of Human being to get excited and lose control of mind once he gets unlimited power. The similar theory works for credit cards as we tend to get spendthrift as we get limitless purchasing capability. The brakes appear when we get a glance on the bills generated and the heavens start shaking. This is a general concept as we see a...more
A huge debt can be painful if not handled in the right fashion; especially if one's financial system is shaky and things do not look good enough for you. In addition to that if you miss a single installment or monthly bill, you have harsh additional payments lined up like penalties and added interest to pay up for. Even minimum payments do not help...more
As the world has entered into a new century, the levels of uncertainty have multiplied accordingly. Now, it is very tough to predict these days the trend of the market and the name of a safe business. We can only hope for a safe tomorrow unless there is some angle which is closely guarding us. Recession, has hit us all hard however the small scale business sectors are the worst hit. If you are one of the victims of this huge dangerous wave, it is quite understandable that you had are passing through a bad time. Further, if you have had a big loan of credit on your head, the pressure instantly increases with each passing day and rising interest rates.However, to our surprise, the recession has also been a blessing in disguise for us in the way that we have a second chance to mend financial ratings. The administration has realized the helplessness of the people and the credit card companies have come up with the idea of debt settlement. So you are given a chance to eliminate debt and propose a comfortable amount which you will be able to repay and become completely debt free.Although it sounds interesting; do not go ahead to do all these things yourself. This process is quite...more
The idea of credit card started with plastic cards and now it has become an enormous strength giving people the power of limitless spending. This unlimited scope to expenditure has let many people get out of hands and do reckless shopping without...more
Options trading can seem like a intimidating thing to get in but if you do your search and understand at least the principles of what should be done, then you will see that it is not quite as intimidating as everyone thinks it is. Before you plan to...more
Foreign exchange currency trading or forex is advertised as one of the top ways to generate money on the internet, but how much money can you essentially create? Of course the answer is this it depends on many factors. These include your initial...more
With the commercial property sector sliding down to a crisis that could even be worse than the one felt by the residential real estate segment, it is easy to understand why the financial regulators have encouraged banks to step up their efforts to...more
In the 'good old days' people didn't use credit very often, they saved for the things they wanted. Today that's not the case. In our modern world it's virtually impossible to not incur at least a little debt. Most people could never afford to pay...more
First thing is first. Viral Content Magic is not a scam. I know that there is always someone calling something a scam so I wanted to make it clear in the beginning of this review that it is not.My friend, I have actually researched this company for...more