Easy Credit Card Debt Help

The abundance of credit provided to individuals in the 1990's has created a climate of borrowers present day that are overleveraged, without proper cash flow and sinking jobs and careers.

There are many ways being advertised to get credit card debt help and relief, but many of them do not work or they provide temporary benefits, but long-term problems.

In the economic climate of today, there are many companies primarily debt consolidation firms that claim to provide services to aid their clients in credit card debt relief. Here's how debt consolidation works:

Debt consolidation agencies require clients to go 6-12 months without making payment on their debt. After this time period has elapsed, the agency will contact your creditors and negotiate your debt at a reduced rate. After a settlement has been negotiated, the client is required to make monthly payments to the debt consolidation agency. The amount you pay is based on your new negotiated debt, and is supposed to be less than the amount you would have been paying had you continued paying your monthly credit bills without the debt consolidation plan.

Here's the problem with debt consolidation agencies:

In order for them to negotiate the lower rates, the debt consolidation agency requires you stop payments in order to leverage their ability to get you a reduced rate. Your creditors are willing to reduce the rate at this point because they are distressed in their attempt to collect your debt, and would much prefer to get something than nothing. The problem with this course of action is that during those 6-12 months you're not paying your bills, your credit suffers. This can cause interest rates on your home and auto loans to increase, as well as auto insurance premium increases.

Debt consolidation is amongst the most popular route many people are mistakenly taking to fix their credit. As stated above the long-term negatives do not outweigh the short-term positives.
If you really want to get credit card debt help, you need to do one or all of the following:

Negotiate a lower interest rate:

Negotiating a lower interest is one of the easiest and most over-looked options to credit card debt help and relief. If you've been responsible about making your monthly payments and have consistently been paying at least double or more of the minimum payment your credit card company will more than likely be willing to negotiate a lower interest rate. There are many agencies that sell this service such as debt consolidation agencies, but they don?t tell you that you can do it on your own.

The primary benefit of a lower interest rate is that more of your monthly payment is applied to your principle balance as opposed to interest payments therefore allowing you to pay of your credit card debt faster. If you have credit card debt in excess of $5,000, negotiating your interest rate is great because the savings in interest payment will become visible a lot faster due to the amount of your balance.

Balance transfer:

A balance transfer is not an option that is the most responsible, because your essentially ?robbing Peter to pay Paul,? however it's all about numbers. If your credit card debt is high but your credit score is in the mid to upper 600's you should be able to obtain more Credit Cards. If this is the case, a balance transfer is a great option for Credit Cards with high interest rates.

For example, if you have a current credit card with a 23% interest rate and you can get approved for a credit card with a 10% fixed rate or 0% introductory rate, you could then do a balance transfer and transfer your high interest credit card debt to your new low interest credit card. You will see your principle balance drastically drop since more of your monthly payment is being applied to the principle.

Non-profit agency representation:

Non-profit agency representation is for individuals in circumstances who were legitimately taken advantage of by a creditor and they can provide proof in the terms and services of the creditors? statements. This is a far stretch for most people and non-profits are very picky about who they represent since many of these cases do not get awarded in the debtors favor.

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Trip-slip-fall Advisement

You would be forgiven for assuming that a trip/slip/fall injury is never really overly serious. When considering such an injury it is instantaneous for most people to picture a wince and a semi-furious knee-rubbing, followed by a stoic, red faced perusal of the cereal isle. The fact of the matter is though that trip/slip/falls occur with levels of severity that leave victims with lifelong disablements. Follow this article in order to become au fait with the maximization of trip/slip/fall compensation.

Firstly it is all important that immediate medical attention is sought if you have been involved in a trip/slip/fall personal injury. If it has happened on a business premises then you need to inform a person that works there so that you can get them to record the injury in their log-book. The more official documentation the better as it will mean that the case that you have for making a claim is a solid case. Also there will be medical evidence of your injury made in the hospital so again there is even more evidence that serves only to act in your favour.

The next thing that needs to be carried out is the photographing of the scene where the trip/slip/fall occurred. This is going to count as invaluable evidence. Now the chances of the evidence that caused you a pratfall being there should it have occurred in some sort of supermarket or otherwise, is relatively slim. You still need to be sagacious and gather such evidence though, because a professional may be able to construe something within photographic evidence that a non jurisprudence-litigation-type will almost certainly not. (Be able to construe)

Once all the aforementioned has been carried out, it is then important to sit down and write up a detailed account of the occurrence, starting with what happened leading up to the event, including what the actual injury entailed, and finally detailing what happened subsequent to actually becoming injured. The earlier you do this the better as it means that your account will be as accurate as possible, trying to remember what happened months after the event will only serve to cause conflictions between how you remember the event and what actually happened.

Once all of this vital stuff has been put in place, it is time to go about the procurement of legal help. The injured person will need to consult a solicitor, adhering to stringent premise. For instance the solicitor must have had experience of dealing with a personal injury case previously. The prior experience means that they will come prepared to the aid of the injured person, and be able to draw on past experiences in order to make sure that everything is done in an appropriate manner. It is equally important that the solicitor has been to court before. If the defence team finds out that the claimant's solicitor has not been to court, then they are far more likely to go to court, expecting to win. With an experienced solicitor they are likely to settle out of court, from fear of not wanting to upset their client by costing them a great deal in legal fees, and also because they will want to avoid the negative publicity that comes as a result of losing a court battle.

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