The Advantages Of Credit Card Merchant Processing ( Admin posted on January 4th, 2014 )

For anyone who owns an online store, they know how difficult it can be to process credit cards and avoid high fees associated with having this type of account. One of the major issues that online business owners have to deal with is the fact that they need to pay into high fees just to be able to get paid for an item that one of their customers has purchased. This is just one of those things that can really put a damper on any type of business and cause it to fail because it is not making the money that it should.

One of the best things any online business owner can do is to make use of credit card merchant processing and to open a merchant account. Merchant accounts allow people to process their credit cards so that a business owner knows they are getting a valid payment and that the card being used by the customer has the money on it for them to afford the item. The business owner will not have to worry that the items are being purchased using a fake card and the owner also doesn’t have to pay into very high fees just to have that card processed for them.

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Categories: Credit Card Merchant

Protect Yourselves From Identity Theft ( Admin posted on January 4th, 2014 )

Have you heard about theft? Or do you even know what damage it will do to your credit account? If not, then here are a few things to give you an idea. Your credit account is like your invisible money and your reputation within a card and a compiled in a set of papers.

All of your transactions are recorded, whether you want it to be or not. It will show everything about you, how responsible you are with your money, bills etc. All of that will attract thieves and if you’re one of the unlucky ones, then you might lose everything you’ve worked hard for. What these thieves do is that they will use your information and use your account to buy or get whatever they want using your using your money.

But don’t fret; there are ways that you can do to prevent this from happening. Read down to know how to deal with identity thieves.

• Check your credit report regularly- Thieves do run a huge debt on your account but you won’t know about it unless you check your account regularly. It’s because credit thieves also change the information on it. They will usually change the address so that you won’t receive your bill and for you to take a while before realizing that someone else is using your account. Checking your account will also prevent it from having errors. You’ll be able to fix them immediately if there are any. You’ll also be able to track fishy transactions and report them immediately to your credit agency.

• Prevent sharing information- Even though he or she is your closest friend, you won’t be able to control what they say to other people. Your account is yours and yours alone, you shouldn’t be sharing it to other people. Sharing information will only make you vulnerable to theft and that’s something you won’t like.

• Credit monitoring services- This is probably your best defense against identity theft. With a credit monitoring service, you’ll be able to track your account regularly, as frequently as you have to. You will be notified if there are changes in your account. Even if it’s just a simple name change, you will surely know about it. This is also helpful if you travel a lot. This is also less of a hassle because you no longer have to request for a new record every 3 or 4 months. But keep in mind that this doesn’t come for free. This comes with a price, so you better weigh out the details to know if subscribing to this service is the best for you.

Protecting your account will not only save your money and your reputation. It will also give you an overall peace of mind. Keeping your credit away from thieves will keep it clean. Do preventive measures as early as now and you’ll ne worry ad problem free in no time.

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Categories: Tips and Guide

Tips on Getting Credit Card Debt Relief ( Admin posted on January 4th, 2014 )

As you know credit cards can be a lifesaver. As an example your car randomly breaks and you need a new part to fix it and don’t have the cash. With credit you can afford to get your car up and running again and avoid the inconvenience that comes without having it. However, there is another side to this credit card debt that can be a weight on your shoulders. Often due to chance or misfortune it is very easy to end up in too much credit card debt. It is not a matter of wanting to pay, it’s a matter of being able to. When you find yourself in this spot, debt relief is a serious option. There is no shame in debt relief and if you need it, seek it out. The following tips will help you understand this process better and how to get it.

Debt Relief Considers Hardships

Hardships are one of the easier ways of acquiring debt relief. When you think of hardships, they usually consist of things such as losing your job, getting divorced from your spouse, or medical issues that severely impact your life. This is because debt relief is mainly for situations where you cannot feasibly pay off your debt in cash. Hardships often have a huge negative effect on income. So if your inability to pay is related to life altering events you can probably qualify for some form of relief.

Don’t be Afraid of Companies

A lot of third party companies offer debt consolidation services at a low cost to you. This isn’t needed it is entirely possible for you to negotiate your debt with your creditors on your own. Don’t be afraid to face your credit card company. If you need credit card debt relief call them and talk about it. You may be surprised by the results.

Make an Offer

It may sound a bit unusual but you can make an offer to pay off an account for a lesser amount. Debt relief doesn’t mean the entire debt has to be forgiven. If you find yourself in a case where you owe more then you could ever realistically pay but still have enough to cover a sizable amount of the balance due make an offer. For example if you owe 9,000 dollars and can afford to pay 6,000 your company may take the deal, forgive the rest, and consider the account paid off and the matter settled. The only drawback to this is the hit on your credit score but if debt relief is your goal this may not be a pressing issue.

Most companies don’t want to continue to waste time or man-hours on debts that will never be paid off or are non-collectable. So make an offer and your company may take it and consider the account paid in full. Now there is no guarantee they will do this but it never hurts to bring this out as a credit card debt relief option if you can.

Follow these tips and you may find yourself in a better position than you were before. Although, it is always a good idea to seek counseling on credit card debt, and work with a professional to get you back on your feet again. There is always a way to find credit card debt relief, and a credit counselling professional will always find the best avenue to pursue.

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Categories: Debt Relief