Credit Card Wisdom

Thinking about a credit counselor? Think again. Many entrepreneurs seek out information to get out of debt and find credit counselor scams. Here is how the scam works. They pay for articles to be posted on blogs with links to their pages. You read the article and feel like you got some great information. Then you click and follow the link. The link takes you to a fancy webpage which promises to make your credit problems go away. They either don’t do much or they give you more headaches. If you use a credit counselor use one that is local to you. Visit their office. Find other people who have used them and were happy with the results.

These scammers give you advice like- reduce your costs. Of course, you know to reduce your costs. You have cut back as much as you can. There isn’t any more to cut back. You need a different kind of help. Or you need an increase in income. If you have your own business, you can use a program like Double Your Revenue. This program teaches you how to increase sales in your business. If this is a program you would like to hear more about just text, DOUBLE to 909 235 9744.

They give you advice like update your budget. Most people do not have a budget or are not on their business if they are having a lot of difficulties. It’s pretty hard to budget when there is no money. Consolidating your loans is not an option for people who are in trouble with their creditors. Increasing your income is a great strategy. You can pay more bills with more money coming in. But you have to learn how.

    

How to effectively use credit cards in business

How to effectively use credit cards in business

by Ross Tav

An entrepreneur must use credit and use it wisely. With credit cards, the business owner can enjoy plenty of benefits without much risk. Here is a quick guide for listing the benefits of using a credit card for a business.

Cash flow

When running a company, one must understand the importance of solid cash flow. In fact, this is the most important financial aspect of a small business. With a credit card, one can pay for goods and services future. Remember, when receiving the bill, a person has up to three weeks to make the payment without paying any interest.

Points

A credit card company usually offers cash back or points. For a big spender, the points can add up quickly. The great thing about rewards programs is that there are plenty of options. A business owner can collect airline miles via an Avios Credit Card, gift certificates to a store or even get cold hard cash. Over the months and years, this can add up to thousands of dollars in free stuff. Without a doubt, this is one of the greatest benefits to using credit, especially when a customer considers that he or she will spend money regardless of which method they use.

Interest free

When a company needs to make a large purchase, they often do not have the funds on hand. Luckily, many banks and finance companies offer customers zero percent interest credit cards. Usually, the company will offer this for a set period. Over time, this can save the company hundreds, if not thousands, of dollars in finance charges. Remember, one must make the minimum payment while carrying an interest free loan from the credit card company.

Security

 

When using a check or debit card, one will not enjoy much security. On the other hand, with a credit card, a consumer can shop online or in person without fear. This is a serious benefit as many companies have experienced fraud and have paid dearly. One must realize that when using other methods they will not recover their funds until after the investigation. With credit cards, the consumer will not be on the hook for the charges provided the charges were fraudulent.

Warranty

In trying to attract more business, some of the major issuers will extend the warranty for a product. In offering this, the bank will usually add one or two years to the manufacturers warranty. This is a nice benefit for a company that buys expensive electronic equipment. Remember, without protection, one will have problems getting their broken item repaired or replaced.

When used wisely, credit cards can help a business owner organize his or her finances and make more money. Fortunately, a new entrepreneur should have no trouble using credit wisely.

Donna Fox- Credit Millionaire- Watch Online

Donna Fox- Credit Millioniare

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