Monthly Archives: June 2019

Explaining Credit Card Debt Counseling

Sometimes a debt piles up so high because of interest rates that a person’s monthly income becomes virtually nil and he finds that just this month’s salary isn’t enough to cover the

bases on his expenses. The most immediate course of action that a person can do is to opt for credit card debt help, in this case, credit card debt relief programs or to avail of credit

card debt counseling. The question, though, is why exactly should one opt for debt counseling?

This is just one step in the effort to reduce debt…and, possibly, virtual credit card debt elimination. This method seeks the help of a professional debt counselor, or a financial shrink, if

you will. What they will do is to negotiate with the credit card company with the aim to possibly alleviate you of your plight, in other words, reduce your credit card debt drastically to

levels payable with your money at the time. There are some who might tell you to avail of a debt consolidation program after they’ve assessed that it would somehow ease your

financial burdens and at the same time, facilitate credit card debt elimination.

Typically, you’d start off with basic money management…manage your finances properly, kind of like functioning as a kind of credit repair services thing…then they’ll help you out to

map a solid budget plan. The general idea is to not only help a person rise out of their current indebted situation but also to improve the way he or she manages his or her finances to

guarantee a person’s permanent rise out of his debt situation.

A person’s choices for debt relief are quite numerous. Which is why it’s very hard to decide whether debt counseling is the best solution or not. Each credit company has his or her own

counselors that are the best in what they do, and is responsible for handling the budgeting, consumer credit and debt management aspects. Which is also why it is important to have a

reliable debt counselor to handle your financial organization.

Deciding can be quite hard, so you should ask your local debt counseling agency these questions so that you can figure out if this debt repair service is for you:

– Will the service cost you much?

– What is the percentage of payments or are there any hidden fees?

– Will the services you offer meet my debt relief needs, and what are they?

After you’ve pinpointed a reliable debt counseling agency which would provide services that are suited to your needs and will still leave you with some money after you’ve paid for the

program, then it shouldn’t be that bad an option for debt relief.

A ddebt counselor’s advice can really make a difference. It could help pump some life into your financial management strategies while also helping you realize a greater insight into

how you can work at resolving your other debt problems. If you feel you are still undecided about choosing credit card debt counseling to provide the financial relief which you

How to Stay Secure When Using NatWest Credit Cards

Credit cards offer a convenient way of paying for goods and services, whether you are shopping online, on the high street, or travelling abroad. They are also generally considered to be a secure method of payment, and most card providers put systems in place to protect you against fraud. However, you still need to take a few basic steps to protect yourself and your money when using a credit card.

Keep Your Card Safe

You should always keep your card in a safe place, and do not give it to anyone else to use, even members of your immediate family. You should also avoid disclosing your PIN to anyone.

When you are shopping on the high street, or withdrawing cash at an ATM, shield your PIN with your hand as you enter it to prevent anyone standing behind you learning what number you use. Also look out for suspicious looking devices fitted around the card slots of cash machines, as scammers occasionally use such devices to clone people’s cards so that they can use them to extract money from your account. If anything looks suspicious when you are using an ATM, withdraw your card immediately and notify the bank that owns the machines that something may be wrong.

Beware of Scammers

Sadly, in today’s world there are some criminals who will try to trick you into parting with your credit card and your personal details. Be wary of anyone who phones or emails you pretending to be from your bank, the police, or another source of authority. None of these organizations will ever require you to reveal your PIN or the login details for your account.

One worrying scam that has emerged lately is for scammers to phone the customer pretending to either be a police officer or a bank employee. The customer will be told to put the phone down and call their bank or the local police station to verify that the call is genuine. However, the scammers will hold the phone line open so that the customer’s call redirects to the scammer. The scammer will tell the customer that there is a problem with their card and that a courier will come around to their house to collect it. Through this method, customers can be tricked into handing over their card and personal details to criminal fraudsters. If you receive this type of call, put the phone down and do not engage with the scammers.

Stay Secure When Shopping Online

Many people worry about security when shopping online, but banks have been working hard to make sure your details are secure. NatWest Secure is a simple browser application that the bank uses to verify your identity when you make certain transactions using your credit or debit card online. By asking you to enter digits from your PIN or online banking password, the bank can be sure that it is you that is using your card, not a fraudster.

Of course, you should continue to take basic security precautions when carrying out financial transactions online. Never share your PIN, card number, security code or account login details over the internet. When shopping online, stick to reputable sites that you are sure you can trust, and look for a padlock symbol in the address bar of your browser. This symbol shows that your details are being transmitted securely, which means that they are protected from hackers.

Look Out For Suspicious Transactions

It pays to keep an eye on your credit card statements so that you can spot fraudulent transactions soon after they occur. If you see anything suspicious on your statement, call the bank to report it. If you lose your card, you should also report it as lost or stolen as soon as possible, so that the bank can cancel the card and prevent any fraud from occurring.

NatWest offers a free fraud text alert service, in which customers receive text messages letting them know when a suspicious transaction has taken place. This service allows you to let the bank know quickly if you did not authorize the transaction.

Knowing The Advantages And Disadvantages Of Credit Score Information To Receive A Home Finance Loan

Negative credit worthiness can easily harm you in many ways. If you have endured complicated economic times and ended up with bad credit scores, in foreclosure process on your home or ended up declined for a loan, well then you realize owning good credit usually means access a better life. At this moment that you’re trying to improve your credit rating scores, this short article is going to allow you to begin.

For anyone who is in search of important information on fixing your own credit ranking, then you must realize the dynamics of the steps and start using the basic principles. Number one you need to get access to your main credit rating with the main three credit bureaus, Equifax, Experian and Trans Union. After you obtain it, try to find irregularities or unreliable particulars of which shouldn’t be there.

The big three credit agencies use to charge a payment to individuals just for the statements. Now, all of us have the ability to obtain a 100 % free copy of their credit score once a year since the FTC passed additional law regulations offering individuals further protecting legal rights. Getting this done all takes place using this type of by understanding the basics.

Consumers generally hold varying sentiments as for handing over their credit ranking dilemmas to a service provider. Despite the fact that thousands happen to have been aided because of the information and assistance of a credit repair company, nonetheless some people seem reluctant. Some great benefits of permitting an established provider cope with your professional credit repair are too numerous to say. You can have a significant turnaround in your life any time you learn to rely upon the assistance of professionals.

The important locations to find out credit repair aid is via the internet. There are numerous blogs that often publish answers on how to begin improving your credit rating. Always execute a search inside your preferred search engine to receive credit repair service help. Aside from acquiring a handful of excellent recommendations on rectifying your credit, you will observe resources for the most suitable credit improvement specialists in america.

The Ftc web page of course gives in depth resources on repairing your credit score. Mentioned, one can find samples of forms and letters intended for disputing faults, correcting issues, eliminating obsolete information and disputing data that is definitely thought not true.

The Public Library can be another great supply of guidance. Simply ask the Librarian for references to the consumer credit score industry and furthermore actually tell them what you would like to find out. They will be able to point you within the correct course. Libraries are usually also tremendous options with regard to text books and how-to guides created by professionals related to credit repair service.

At the same time, the online world is a great location to locate a credit restoration specialist. There are many to pick from. Merely perform a search on the web for the most respected agencies and connect with a handful. Do a list of concerns and ask each person a question. Take note of the responses offered from each representative and wait to see which one makes you feel good internally. A person don’t have to do it all by yourself. The type of talent that you need is oftentimes simply a computer mouse button click away from you.

Credit Repair And Unsecured Credit Cards – Boosting Credit Scores Fast

If youre credit challenged and need to raise your business or personal credit score in the quickest amount of time, I would strongly recommend that you employ a legitimate credit repair service (yes, they do exist) and get a guaranteed merchandise card. Ill explain what this kind of card is shortly. Anyway, whether you use a legitimate credit repair company or do your own credit repair you cant go wrong. Why? Because various studies over the years have documented very high error rates among the credit bureaus, which translates into the high probability that your own credit file contains erroneous information. In fact, a 2004 study found that 79% of all credit reports contain errors of one kind or another! So credit repair is a no-brainer when it comes time to decide on what one should do first. And as I mentioned earlier sub-prime merchandise cards will be the other book-end of your new effective strategy, building your credit score in the two ways, which Ill outline below.Sub-Prime Merchandise Cards represent the single most cost-effective way for consumers (and businesses) to add positive accounts to their credit files for fast credit score boosting while at the same time lowering their debt-to-credit ratio. Lowering ones debt-to-credit ratio is without doubt one of the most effective ways to accomplish credit score repair or even to build your business credit fast. These cards provide you the business owner with a valuable, unsecured and revolving business line of credit. When used along with legitimate credit repair (do-it-yourself or using a credit repair company) you kill two birds with one stone by removing negative items from your credit report while adding positive ones.Basically, a sub-prime merchandise card is a credit card which is to be used exclusively with a particular merchant or through that merchants on or offline catalogs. Sub-Prime (Guaranteed) Merchandise Cards work very simply and in the following manner: the company provides you with a card holding a $2,500 to $25,000 credit line and does so with no credit check and no cosigner. The amount of your purchase determines the amount of the credit line you receive. This occurs after you make an initial merchandise purchase from that companys catalog. Once you are approved (the approval process is very easy) you charge a minimal amount on your card to activate it and are then given a liberal (nominal) repayment schedule to pay back the amount charged on your card. Please note that a legitimate company will then report your payment history to at least one of the major credit bureaus. Just be sure to check to see that they in fact report to one of these bureaus. Heres how you do this. if the merchant is not clear and concise in its advertising (on or offline) about credit bureau reporting, you should not deal with them. Ill now move on to the benefits of how to build credit using a sub-prime (guaranteed) merchandise card. Sub-prime (guaranteed) merchandise cards are credit cards for folks with challenged credit or no credit, and are the single most cost effective (and powerful) tool for businesses and consumers to increase their high credit limit and decrease their debt-to-credit ratio. Debt-to-credit ratio is the amount you owe in relation to your credit limit. So if you owe $6000.00 and have a credit limit of $10,000, your debt-to-income ratio is 60%, which is way too high! A debt-to-income ratio this high will surely lower your credit score. Lowering your debt-to-income ratio to say, 30% is much better and will give you a much higher score. Using a Sub-Prime Merchandise Card will go a long way toward accomplishing this for you.On the other hand, paying off your bills in full each month is wrongly thought of by most people to be a best practice. But this is not at all true. Bankers and credit card companies actually prefer that you NOT pay off your debt in this manner because they dont get to charge you interest when you pay off all of your debt in full and on time. The bottom line is that you have to strike a balance between owing too much and too little. As I mentioned earlier, 30% is a very good debt-to-income ratio and will RAISE your credit score. I know, it sounds counterintuitive. But when you consider how banks and credit card companies make their money from interest charges it makes perfect sense.

Lvnv Funding – Are They On Your Credit Report

When you dont possess a lot of money, you really don’t want to uncover an old debt in your credit statement. For instance, numerous people have found LVNV Funding on their credit score statement and ask themselves, Who within the globe is this? For what to do about this elusive company, read on.

What They Do

Companies for example LVNV purchase debts that have been written off from a creditor for only a percentage of what the credit card debt was. Often companies for example LVNV are not third parties – theyre the primary organizations that now own the debt.

Do Your Investigation

Be certain to do your personal research. First of all, note that LVNV Funding is a junk credit card debt buyer. You might wish to check out the Much better Company Bureau and see if they are in great standing or not. |Very first of all, investigation the company, regardless of whether its LVNV Funding LLC, Midland Credit Management, Asset Acceptance or another organization recognized as a credit card debt junk buyer. Understand more about LVNV and it’s standing with the Better Business Bureau.

Do You Truly Owe Them Cash?

Next, naturally, you’ll want to find out should you owe money to LVNV Funding. What might be good news for some is that just because you owed this credit card debt years ago, doesnt mean that you simply nevertheless owe it now.

Don’t Contact Them!

Some companies are known for preying on individuals who once owed debts but dont any longer. Technically, its illegal to ask for money from somebody who does not owe it anymore. Companies that do this are already sued and reported towards the Better Business Bureau. Despite this, numerous of them nevertheless operate.

Try Sending a Letter to a Credit score Bureau

One method to go about fixing the issue is to send a letter to a credit bureau. Attempt to dispute this negative mark on your credit score statement. Many of these bureaus will advise you not to call LVNV Funding at all. Once you contact them, they might make contact with you all the time. It may be best to talk with an lawyer but if you decide to do anything, don’t accept an agreement saying you will fork out them any cash particularly should you do not know should you owe it or not.

Debt collectors could be insulting, agressive, and are usually quite scary to manage. However, should you approach an attorney, you’ll receive informative and professional advice. The best point to accomplish in all of this really is to remember that you ought to usually maintain all documentation that may possibly be relevant to this scenario. You need as a lot info as feasible… after which to take the correct actions… to beat LVNV Funding!

How Much Credit Do I Qualify For

When you qualify for a credit card, your bank will determine your credit limit, based upon a number of factors detailed below.

Credit cards offer individuals greater financial flexibility and improved spending power, by providing access to a line of credit on an ongoing basis. The amount of flexibility will, of course, be determined by your credit limit, which is set by the bank issuing your credit card. Credit limits are regularly reviewed, and can be increased or decreased based upon these reviews.

In this article learn more about how credit limits work, and the factors determining how a credit limit is set. This will give you a better idea of how much credit will be extended to you if you qualify for a credit card. Also be sure to explore the range of credit cards available via the Plastiq site.

What is a credit limit?
A credit limit is the maximum amount of money that you have available on yourcredit card account. For example, if your credit card limit is R5,000, you can spend up to R5,000 on credit before you reach the limit set by your bank. When you repay the credit youve used, or a portion thereof, the amount youve settled will be available to you once again.

Thus, if you repay R2,000 of the R5,000 spent, you will have that R2,000 at your disposal once again. If you settle the full amount, youll again have R5,000 worth of credit available to you. This is known as a revolving line of credit.

How will the bank determine my credit limit?
When you qualify for a credit card, your bank will set a specific credit limit for that card. This credit limit is based upon your credit score, which reflects your creditworthiness,the financial risk you pose to the lender, as well as your affordability. Hence, the better your credit score, the more credit youre likely to qualify for.

In order to work out your credit limit, the bank will require access to information pertaining to your income and your expenses. When you submit a credit card application, youll be required to include information relating to your current salary. You may also be asked to detail your monthly expenses.

Can I change my credit limit?
If you wish to reduce your credit limit, simply contact your bank and discuss your requirements with them. If, on the other hand, you wish to increase your credit limit, the bank will need to review your payment behaviour and affordability closely. Credit card holders who settle their balances promptly and maintain a good credit score may have their limits increased at the banks discretion, should they not be over-exposed already. By the same token, credit card users who practice irresponsible spending behaviour may have their limits reduced.

Contact your banks credit card division at any time to discuss your credit limit, or any other questions pertaining your credit card account.

Compare credit cards now and apply today to determine your credit limit.

Prepaid Credit Cards In Germany, Holland, Belgium And United Kingdom

Prepaid Credit Cards in Germany, Holland, Belgium and United Kingdom

Prepaid Credit Cards in Germany, Holland, Belgium and United Kingdom are not so widely
used and known as the “normal” credit card and Debit Cards from providers like MasterCard,
Visa and American Express.

Credit Cards and Debit Cards: what is the difference ?

The Credit Card is a facility the bank gives the cardholder to spend money to a limit and
charge the customer afterwards. Most banks ask for a proof of income and address besides
a copy of passport, drivers licence or ID card and utility bill. This card can be used worldwide
everywhere it is accepted.
The debit card does not have a credit limit so the cardowner must preload the card with cash
before it can be used. Debit Cards are also known as prepaid cards. Because this cardtype
has no credit facility you do not need to give a proof of income .
The biggest names is this branch are MasterCard, Visa, American Express and Maestro.

What is a Prepaid Credit Card ?

Simply said: a Prepaid Credit Card is a credit card without the credit facility. It is also called
a secured card. The cardholder must upload cash on the card before using it.

Prepaid Credit Cards in Germany

In Germany the Prepaid Credit Card was introduced for teenagers from 14 years and older,
off course with the parents permission.
The XBox Prepaid Card to spend money online was then introduced and the New Yorker
Dress Card by this fashion retailshop.

Prepaid Credit Cards in Holland

Prepaid Credit Cards are not used because the Dutch have a sytem known as the PIN
( Personal Identification Number ) transaction. When you pay with your bankcard and pincode
the retailer pays a fee. The use of the regular credit card is low in the Netherlands. One of the
reasons is that the Dutch have a bad credit system ( called BKR ) all banks and credit
providers have access to. When registered your application for a credit card will be rejected.

Prepaid Credit Cards in Belgium

Like Holland the Belgians are not familiar with Prepaid Credit Cards. The systems they use
are called Mister Cash and Bancontact. The payments are done with a PIN number just like
in Holland.

Prepaid Credit Cards in United Kingdom

Unlike Germany, Holland or Belgium Prepaid Credit Cards are more widely used in the United
Kingdom. To apply for one you have to live in the UK so these cards are limited to one country.

Is there a Prepaid Credit Card you can apply for in any European country ?
Yes, since 2009 it is possible to get a Prepaid Credit Card from any country in Europe.

Capital One Secured Credit Cards Why Are They So Attractive

Capital One secured credit cards have broken the mold when it comes to secured credit cards. Instead of ridiculous processing charges and annual fees, Capital One secured credit cards offer credit-bruised consumers with extremely reasonable interest rates and perks that other secured credit cards wouldn’t ever think of offering.

The Interest Factor

You’d think that because secured credit cards are backed by money you deposit into an account, the interest rates would be reasonable. Unfortunately, many of the companies that offer secured credit cards could care less how much money you have guaranteeing your account — they still charge an arm and a leg for interest.

Unlike many other secured credit cards, Capital One secured credit cards actually have very reasonable interest rates. Unlike many other secured credit cards, you won’t pay a ridiculous interest rate of 20 percent or more when you have a Capital One secured credit card.

The Application Fee

It’s not uncommon for companies offering secured credit cards to charge an application fee. Of course, you usually are only charged this fee if you’re approved (and if the company is legitimate, they put the fee on the credit card they are issuing you). However, why pay an application fee for other secured credit cards when Capital One secured credit cards have no application fee attached?

The Credit Limit

When it comes to secured credit cards, the credit limit you’re approved for really depends on the amount you deposit into your secured account.

While many secured credit cards offer the ability to get a limit for a thousand dollars or more, Capital One secured credit cards have an initial credit limit of $400. This is, however, for your own good. Capital One secured credit cards are intended to help you rebuild your credit. In order to do that, you need to take it one small step at a time.

So now that you know how much credit you can get with a Capital One secured credit card, you’re probably wondering what the minimum deposit amount is to open one. Unlike most secured credit cards, Capital One secured credit cards don’t require a few hundred dollars to open your account. In fact, you can deposit as little as $49 when opening your Capital One secured credit card.


Applying for Capital One secured credit cards is a little different than the other secured credit cards on the market.

Instead of applying for a secured card directly, you should try applying for their regular, unsecured credit card. Many people who think they won’t qualify for an unsecured Capital One card actually do. If, however, you don’t qualify for the unsecured, Capital One with offer you the secured credit card option.

If you’re serious about getting a secured credit card and rebuilding your credit, you can’t go wrong with Capital One. Due to their low interest rates, potential perks and lack of an application fee, Capital One secured credit cards are literally changing the way consumers feel about secured credit cards.

Payment Of Education Cess From Credit Of Basic Excise Duty

Sometime Credit in the account of one or more heads of Excise duty i.e Cenvat, Education Cess & SHE Cess has been piled up due to various reasons. Now the question is whether payment of one head can be done from the Cenvat credit lying unutilized in Account of other head.

The answer of the above question is given in Rule 3 of Cenvat Credit Rule 2004. As per Proviso to Rule 3(7) (b) of Cenvat Credit Rule 2004 which are produced below there is a restriction regarding use of Cenvat Credit of Education Cess & Secondary Education Cess for payment of only Education Cess & Secondary Education Cess but there is no vice versa restriction which means that Cenvat Credit of Education Cess & Secodary Education Cess can be used for payment of Education Cess & Secondary Education Cess only, no cross adjustment is possible in this case.

Proviso to Rule 3(7) (b) of Cenvat Credit Rule 2004

Cenvat credit built up out of education cess can be utilized only for payment of education cess on excise duty and service tax. It can not be utilized for the payment of excise duty, service tax and secondary higher education cess.

Cenvat credit built up out of secondary higher education cess can be utilized only for payment of secondary Education cess on excise duty and service tax. It can not be utilized for the payment of excise duty, service tax and education cess.

As far as utilisation of Cenvat Credit of Basic Excise Duty is concerned there is no such clause which restricts the assessee from using the Cenvat Credit of Basic Excise Duty for payment of Education Cess & Secondary Education Cess. So if there is no restriction then Cenvat credit of Basic Excise Duty can be used for payment of Education Cess & Secondary Education Cess. In addition to this the same issue has been already decided in case of 2009 (233) ELT 0221 (Tri. – Ahmd.) Commissioner of Central Excise, Vapi Versus Donear Inds. Ltd. by holding that credit of Basic Excise duty can be utilized for payment of any duty of excise.

About Central Excise:-
Central Excise is a Governmental body which is run by the Central Board of Excise and Customs. Central Government under the authority of Entry 84 of the Union List (List 1) under Seventh Schedule read with Articles 268 to 281 of the Constitution of India.
Central excise duty is the tax levied by central government on goods manufactured in India & custom duty is levied on goods imported from other countries.

Instant Decision Credit Card Faster Approval For Instant Use

For receiving a credit card fast you can take help of the instant decision credit card . It will enable you to get a temporary credit card for being used for the online shopping purposes. Getting a credit card approved fast is not that easy and therefore, you can easily get one through this procedure and get temporary relief.

Generally, these are online procedures and to apply for it you will just have to fill a simple online form. While choosing the best card you can go through and compare all other offers for credit cards that are available online. These credit card agencies too conduct a kind of evaluation of the proofs provided by you but that is swift and consumes less time to make the whole procedure fast. It will not let you wait long for receiving the card like other credit cards. These use to have different companies or departments to check and verify your credit score fast. Then they decide on your capacity or eligibility to open an account. As soon as these procedures finish, the credit cards are being delivered to the applicants.

There are certain minimum conditions based on which the eligibility of the borrowers is being judged. An age of 18, a bank account and a good salary is essential for getting these credit cards instantly. In addition to that it is necessary for the applicant to convince the company that he will be using this credit card for his personal purposes only. However, if you can show a good credit score that that will be an added benefit for you.

You should adopt or agree with the term and conditions of a particular credit cards agency only after going through these properly. A hasty decision may create problems for you later on. Hence, after following all these procedures you will be able to avail the instant decision credit card.

Andy Copper has been associated with Instant Business Credit Card. Having completed his Masters in Finance from Yale University, School of Management.To find instant decision credit card, credit cards, cheap credit cards, access card credit instant visit