Exposed! The Legal Loophole That Lets You Wipe Out All Of Your Credit Card Debt.

There are literally millions of credit cards in the world today and even with the current credit crunch, the numbers of cards being issued is still on the increase, so the ramifications for the credit card industry are immense and for them at least, difficult to comprehend.

During the good times, credit card companies issued cards under the guidelines of the Consumer Credit Act 1974. However, in their greed to attract even greater numbers of customers each month, they forgot to ensure that their consumer credit agreements they issued to customers were legal and above reproach. This situation changed in April 2008 with the creation of new rules and regulations that fully covered every lending institution that issued a consumer credit agreement.

However (and this is the good part), there are literally millions of potentially flawed agreements in existence that mean you, the consumer, can wipe out your total credit card debt in an instant, legally and ethically/

The other thing to consider is that legal loophole applies to all unsecured debt such as personal loans, car finance, mortgages and PPI. They all have to abide by the Consumer Credit Act (CCA) 1974 and if they do not, then they could be left open to all of their customers making a claim against the vaibility of their credit agreement.

This is the hottest topic in the financial services industry at the moment as credit card companies frantically look to avoid claims and the potential for huge losses. They are full aware of this situation and are bracing themselves for the fall out as this dwarfs anything we have seen from the ‘reclaim your bank charges’ scneario that has been on the news for the last 12 months.

The process itself is simple to administer if you know how and if you have the right Barrister contacts. The Barrister in question must have an understanding of the legal process and the ensuing legal complexities of wiping out credit card debt. But remember, it is happening now and hundreds of thousands of people have started to wipe out their debts and ensure that they can start living a debt free life once again.

Ways To Reduce Your Credit Card Debt To Zero

People saddled with credit card debt is a serious problem in the United States of America. The interest rates that are charged for these cards would vary between 10 to 35 percent, depending on which bank that the cards are coming from. These high interest rates in actual fact, make it almost impossible for one to pay off these debts, especially for those consumers who are only able to make the minimum repayments due. In fact, this method may end up costing you thousands of dollars in the long run. This is honestly, the main reason why getting out of debt is so difficult.

Having said the above, however, when there’s a will, there’s a way. Do you want to know how to reduce your credit card debt? Well, you have come to the right place. Firstly, reducing credit card debt is easy if you can firmly desist from impulse buying. Of course, this is easier said than done. For shopaholics out there, you know you are! You might want try the following methods to reduce your credit card debt. Please be warned that it can be painful as you face the truth how much you have paid that just accounts for the interest portion, but sometimes this is necessary for us to wake up from dream land and face reality.

Firstly, you need to list all the credit cards that you have, starting with the one that has the highest amount of interest due and the lowest should be at the bottom of your list. After having done that, you will then need to total your minimum monthly repayments. You will then review your budget so that you can find out if you can get additional savings to contribute towards paying your debt. You will be surprised how much savings you will be able to accumulate just by analyzing your budget. We tend to overlook the small savings, but added up could mean a tidy sum, which would result in lower amount of interest charge!

Lastly, what is the final step if you want to learn how to reduce credit card debt? It involves paying the minimum amount that is required for each of these cards until the first card on your list is fully paid for. You will then continue this process until the others cards have no outstanding balances. That’s it! Good luck in your endeavor to becoming debt free.

Chase Continental Presidents Club Credit Card

There is no doubt about how important to people the credit card has become over recent years. Saving can be difficult to do but we are all happy to have debts and the credit card does enable us to have things when we want them and quite often when we need them.

When you think about it, there aren’t that many credit cards that are household names but the Chase credit card is one of them. As with other well know credit cards like Visa and MasterCard, it can be used wherever you are in the world making it a truly global credit card. But it doesn’t stop there as the company responsible for the Chase credit card also has other service cards to help with travel, vehicles, gas and a special one for students. So the Chase credit card has many uses and is a reliable companion for you everywhere you go. For many people that work long hours, the internet is often the only way they can do any personal shopping. Aside from making it easy for the customer to maintain their account online, Chase credit card lets you check your balance and pay your bills through a secure web site.

For some people, the ease with which they can go online to manage their account is the only excuse they need to own a Chase credit card. No membership fees, low APR’s and special deals make for an attractive credit card package.

Reward programs to thank the Chase user are quite normal with all the various Chase credit cards. I suppose it is up to you which type of card you decide upon as they are designed to suit different types of people. Once you have accumulated enough points you can cash them in as it were, for anything that is shown in the catalogue. There is bound to be a reward just for you including trips if that is what you like. Chase credit cards know that if they look after their customers they won’t lose them; a philosophy that many companies could learn from. Ok so the gifts are great but how many companies will give you excellent customer support twenty four hours a day? This service comes into its own if there is a case of a lost or believed stolen credit card, when you need a replacement, fast!

If you are thinking about transferring your balance then this is the way to do it with a guaranteed six month zero percent interest rate which also incorporates current purchase balances as well. If you pay your bill in its entirety each month then you will not have to pay any interim interest. Apart from the catalogue gifts, Chase will also give cash rewards to holders that purchase goods with the card. Many people are put off of transferring balance because there is usually a fee but Chase has waived this charge and it can even be done securely on their web site.

Use And Misuse Of Credit Card True Facts

Credit card is the plastic money popular among 3G (thirds generation) people. It generates cash quickly. People can shop even when they do not have cash in hand or account. This card is a method to raise small loan that depends on your monthly earning. It is similar to debit card but the difference is that in case of debit card you can shop only when you have amount in your bank account but in credit card you can shop without cash in your bank account. You can pay the amount later. The time for payment is limited by the credit card producer and late payment invites fine. Also in debit card payment interest is not charged and in credit card you have to pay some interest. There are both negative and positive shades of all things. There are both use and misuse of credit card. Let us know the true facts related with credit card.

Use of Credit Card:
One can accomplish the urgent tasks even when there is no money in the account.
One does not need to take loans on higher interest rate from anybody in the financial crisis situation.
The credit status of the person will not be tarnished among relatives and friends. One can maintain the usual monetary needs even when people do not have cash in hand.
One needs not to carry cash in hand all the time.
One can take instant decision to shop any item.
People are not forced to apply break on their needs and choice.
Wireless Credit Card has added wings to peoples dream. People can shop anywhere at anytime. Wireless terminal is good for online marketing and remote marketing. Terminal is a machine that read the encoded magnetic information to make the payment. This terminal help in credit card processing and regulate the plastic money payment.

Misuse of Credit Card:
Sometime people shop unnecessary items when they have credit card. This becomes the source of useless expenditure.
You have to pay more amount than the actual cost of the item. You have to pay the interest.
You get the burden of paying the credit card bill. If you do not settle the bill in limited time then you will be levied penalty for the same.
Your expenditure is likely increase when you have credit card in hand.

These are the use and misuse of the credit card. Hope you will make right and needy use of your credit card. You must have confusion about the settlement of the credit card. These processes are related with Merchant Services. There is a merchant account that is opened with the agreement of bank and the retailers providing facility for credit card payment. This account looks after settling the credit card payment.

The Advantages Of Credit Card Merchant Processing

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.

The best thing for any online business owner to do is to consider credit card merchant processing for themselves and to open a merchant account that has good fees. The first step is to look around for a merchant account that is a good fit for the needs of a business owner. The interest fees and processing fees should be low so that it is a lot easier to afford in the long run. Once the account has been opened, it can be integrated into the actual website so that it will be used any time a person tries to purchase something.

While many business owners do not know what credit card merchant processing and what this type of account can do for them, many other owners have found that their merchant accounts have helped to save them hundreds or even thousands of dollars. The best thing to do is to consider opening an account like this that has good interest and processing fees that are incredibly easy to afford. From there, customers will only be able to use valid credit cards that have been verified before the purchase is able to go through on the Internet. This is one step that all business owners should take for themselves simply because of how beneficial it is for them to verify the accounts and cards before they ship out the items that have been purchased.

Guidelines for Acquiring the Very Best Credit Card Offers

If feels like credit card offers are constantly being jammed inside our letterboxes. It seems as if we also see that they are promoted just about everywhere. How can we possibly discover which offers is going to be the best solution for your requirements? There seems to be quite a few more bank cards being added regularly to the large amount of choices you already have.

Should you be thinking about a bank card, you ought to begin with your current commercial lender to see what they currently offer. There are numerous benefits to getting a charge card through your own banking institution. For one, you might believe the credit card is a lot more secure since you have been using this specific lender for a long time. An additional factor is that many banks are offering great bonuses for acquiring one of their own charge cards.

There is simply no doubt that the credit card offers that you can get cash rebates on the things they buy using their card account can be particularly useful. Purchasing the basic needs while earning rewards for doing so is a good blend in any bank card.

As expected, the specific solicitations you receive are all going to print the rate of interest in large numbers. Even so, you will have to make certain you look at the small print that is connected with this specific offer to make sure that you are aware regarding all other fees required and anything that may have an impact on the introductory annual percentage rate.

Oftentimes this is the situation when it comes to considering a card. Many people never read the small print and that inevitably winds up surprising them whenever extra fees are incurred that they previously knew practically nothing about. This is applicable for company bank cards as well which includes Chase ink.

Whenever you get credit card offers that you’ll be taking into account be sure to take a look at the interest charges. This really is pretty much going to determine whether the credit card you choose will be of value. The most exorbitant annual percentage rates you can find are generally for cash advances that you have the option of getting through your account. It’s advisable not to opt for a cash advance and to at all times pay your bills promptly.

It is a fact that credit card offers can come and go, and the reasons for picking one offer compared to others will no doubt change as well. Always remember the reason why you may need a charge card, what interest rate is at present being offered, the benefits that happen to be currently marketed and fees associated with the utilization of the card account and you should not have an issue obtaining one that will benefit you.

Kotaks Royale Signature Credit Card

Heres the card which lives up the expectations of the Royals. Here is the credit card which offers the most exquisite benefits a credit card can deliver. In terms of services, benefits, offers and discounts; this credit card outshines all other cards available in the market.

If you count on the benefits which this card offers, then definitely, you will be in praise of this card. Lets have a look at, what we, as privileged customers would get, if we take it. First of all, this card has got the Shield called The Royale Shield which means you get a lost or stolen card fraudulent cover of Rs 50,000/- upto 12hours of reporting. Thats a good amount isnt it?

Secondly, this card encases host of benefits you get Royale Priority Attend, which means instead of you reaching Kotak people, they will reach you for services like monthly pay bill. You also get Royale Access to Taj Restaurant and Bars with added 25% savings (this percentage though may vary from time to time). To add more there is discounted membership to privileged clubs like Privada Indias first yatch club which of course sounds incredible. But, thats not all you can also count on other privileges of Kotak Royale Signature Credit Card like reward points on every Rs 100/- spent, lifetime complimentary skin consultancy from Kaya Skin Clinic and complimentary membership to Golf Fee Card and that, certainly sounds Royale.

So, tune in the music and experience the luxury of a Royale life, indulge in the luxuries of life and lead the life King-size with Kotak Signature card.

Royale Signature Credit Cards is just one in the series of Kotak Mahindras newly launched range of Credit Cards. Awarded the Product of the Year, these cards have proven to be the best in the range of credit cards found in the market. Apart from the Signature card, there are three other cards Fortune Gold, Trump Gold and League Platinum Card. Choose from the range of cards offered by Kotak and experience the best from the world of Credit Cards.

Smart Ways To Use A Credit Card

Aren’t you sick and tired of hearing how “bad” credit cards are and that we should all just cut them up and start living on cash again. Although this sounds nice in some ways, the reality is that we live in a consumer society and credit cards have become a major part of life. The problem is when people don’t know how to use credit cards. Credit card debt is no joke and it can suck you in like quick sand. You can blame credit card companies all you want but in the end its your responsibility to be smart with your money and your cards.

Credit cards do have a positive role to play in personal finance. If you are smart with it, it can help you better manage and spend your money and it can give you the financial leverage when you need it most. Here are 3 smart uses for credit.

1. Emergencies

I do not recommend or encourage anyone to live on credit. its a recipe for disaster. Instead, the best way to use your credit cards is to use it as backup. We all have financial disasters that usually hit at the most inconvenient times. If you don’t have life savings to fall back on then it can really hit you hard. Having a card as a backup can really be a lifesaver and at a fee of about $50 a year, it’s well worth the security that it provides in case you need it.

2. Controlling Your Spending

One of the reasons why so many people fall deeper and deeper into debt is because they get caught with their pants down – so to speak. They spend and spend and then fail to make the minimum payments. When interest starts kicking in, its usually already too late and you start sinking. The smart way to use your card however is to pay it off in full every month. Its a great way to control your spending and to now exactly how much you are spending on what. It works really well if you dedicate specific expenses to a specific card – like your groceries. However, the secret is to pay it off in full every month.

3. Large Purchases

One of the reasons why businesses like to use credit cards is because it allows you to conveniently make large purchases – even on the internet. We can all get cards with relatively high credit limits and if you have to make large purchases for say a building project or if you buy a lot of stuff online, then its ideal. Once again, the secret is to clear this debt each and every month. On large purchases, the interest can be just as large so make sure you wipe the slate clean every month.

Helping You Wade Through The Murky Credit Card Waters

While cash is not going away anytime soon, having a bit of plastic is all but necessary in today’s society. Banks are increasing the costs associated with debit cards and other accounts, so people are choosing to utilize credit cards for their transactions. Check out the suggestions provided below to pick up some great ideas for using credit cards more effectively.

If you have bad credit, try to get a secured card. Secured cards require you to pay a certain amount in advance to get the card. This means that you are borrowing from yourself and then paying interest to do so. It isn’t the best, but it can help to repair bad credit. When you are going to apply for one of these secured credit cards, make certain the company you choose is reputable. Down the road, you may even be able to switch to an unsecured (regular) credit card.rd.

We have all experienced it: You open your mail to find another credit card offer. You might be looking for a credit card, however, it is far more likely that you are not. Just remember to destroy the mail before you throw it in the garbage can. Treat it like the important document it is. This is because many solicitations include your personal information.

Resist the temptations that credit cards pose. It’s hard to resist this temptation while knowing you could get away with charging thousands of dollars worth of purchases. This can make you have trouble financially and that’s serious. Reduce impulse purchases by taking at least 48 hours to think over any large purchases before placing an order.

Limit the number of cards you apply for. Having many cards can make it difficult to keep your finances in check. You are also more likely to end up in debt because of the large amount of unsecured credit you have available to you.

Tell the credit card company if you’re planning to travel or make large purchases with your card. If you are traveling out of the country or buying something with a big price tag, it is a good idea to let your credit card company know ahead of time. This prevents the company from blocking transactions due to suspected identity theft.

You want to not only avoid late payment fees, but you also want to avoid the fees tied to going over the limit of your account. Both fees can be very pricey, both to your wallet and your credit report. Watch carefully and don’t go more than your credit limit.

Credit cards are growing as the electronic medium of choice for many individuals who prefer them over the increasing regulations and fees of debit cards. When you look at how big they have become, you will be able to gain benefits from credit cards and what they offer. Make use of credit cards in a responsible way by keeping this article’s advice in mind.

Rent A Credit Card Embossing Machine

Perhaps you’re participating in a trade show where you’d like to accept credit cards, or maybe you’re running a promotion at your business. If you normally only accept cash and checks, it might be best to rent a credit Card Embossing Machine for special occasions rather than buying one that you may never need again.
Difficulty: ModerateInstructions
Step 1Determine whether you would like to rent a credit Card Embosser on a long-term or short-term basis. The difference in price will be significant, and many rental companies specialize in one or the other.
Step 2Decide whether you should obtain a merchant account separately or let a rental company set one up for you. The biggest factor here is price, and it is sometimes cheaper to obtain a merchant account — which allows you to accept credit cards as payment — from a third party rather than paying for it at the rental company.
Step 3Research places in your community where you can rent a credit Card Embossing Machine – Card tipper. It is often best to handle this rental locally so you can be assured great service rather than ordering a machine online or over the phone. However, make sure you research rates for both types of rentals.
Step 4Determine what type of equipment you will need. Some rental companies will provide you with a terminal that accepts all credit and debit cards, including those that require a PIN. Others will have a more limited selection, so you must decide in advance what you’re willing to sacrifice for cost.
Step 5Ask for quotes on exact rates and fees that you will be charged when you rent a credit Card Embossing Machine. This will include a daily, weekly or monthly flat rate, in addition to a per-transaction charge that can vary widely depending on what company you choose. Some rental companies will guarantee an equal or lower rate than others, so make sure to do your homework.
Step 6Verify that you can rent a credit Card Embossing Machine for a limited time, and that the machine will be delivered when you order it. Late deliveries mean lost profits, and you don’t want to sign a long-term contract when you don’t need one.
Step 7Consider renting a credit Card Embossing Machine that takes gift cards if you plan to give them out. Such equipment may cost more, but it will allow you to process a greater variety of transactions with more accuracy. In many cases, this is easier than passing out gift certificates.
Step 8Request a wireless credit Card Embossing Machine specifically if this is what you think you will need. A wireless machine will process credit and debit card transactions without being connected to a computer. This is particularly handy if you are running a trade show or other off-site promotion for your business.