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´╗┐Consolidating credit card debt

Is consolidating credit card debt a good option?

Well, the answer will more often be yes than no. Consolidating credit card debt is often regarded as the first step towards credit card debt elimination. However, even before you move to take first step towards consolidating credit card debt, you must understand that consolidating credit card debt (or balance transfer) is an action that you are taking to eliminate credit card debt. Consolidating credit card debt is not a means of deferring the problem for later.

Consolidating credit card debt is indeed a good option in more than one sense. Not only do you get relief from the rapid increase in your credit card debt, but also get other benefits too. Offers for consolidating credit card debt are in abundance and are very attractive indeed. Almost all the offers for consolidating credit card debt have an initial low APR period during which the APR is generally 0% (or some low figure). In fact, this is one of the main things which make consolidating credit card debt a very attractive option. Besides this low APR, the offers for consolidating credit card debt also include things like no interest rate on the purchases made during first 5 months (or some other initial period) of balance transfer. This is another thing that lowers the speed at which your credit card debt gallops. So these are the two most important benefits that credit card suppliers deploy to attract people into consolidating credit card debt with them. Then there are other benefits which include things like additional reward points on the member's reward program of the credit card you are consolidating credit card debt to. These reward points can be redeemed for other attractive goods/rebates/rewards etc. Sometimes, the new credit card (i.e. the one you are consolidating credit card debt to) might be a credit card that caters more to your current spending needs both in terms of the credit limits and the way you spend your money. For example, the new credit card might be a co-branded one offered by an airline that you have started travelling with very frequently in the recent times and consolidating credit card debt on such a card may open up much more benefits as compared to your current credit card which was based on your needs at the time of you applying for your current credit card. The credit card you are consolidating credit card debt to might open up discount offers to you.

Pre paid_legal_Are_you_really_going_to_use_it 417


Pre-paid legal: Are you really going to use it?

Are you enrolled in a pre-paid legal plan and worried your provider is

simply tallying up your tab for a service you'll never get to use? Read on

as we explain the chances of using pre-paid legal services in legal

challenges you may be faced with.

In their lifetime, people are most likely to use legal services that fall

into four categories: civil defence, civil plaintiffs, criminal defence and

legal help that involves a variety of transactional or business law.

Your liability insurances already covers you for the legal pertaining to

civil defence. Your insurer hires the lawyer who will defend you and have

every incentive to defend your well since they are the ones who bear your

legal costs irrespective of the final outcome. In that respect, you already

have 'pre-paid legal coverage' in place and a legal plan wouldn't add much

to the coverage.

Civil plaintiff attorneys in the Unites States work on a 'no win no fee'

basis. This means that they will not charge you unless they win you damages

in an insurance claim or lawsuit against someone who caused you physical

injury. Their contingency fees are calculated as a 'commission' on any

money won, so there is every incentive for your plaintiff lawyer to defend

you and defend you well: the more you win, the more he wins. There is no

need to pre-pay for a service where you stand to lose nothing, and where

advice is readily available to you from plaintiff lawyers eager to work on

your case.

On the rare occasion you need to bring criminal charges if you're involved

in a serious accident or defend yourself against criminal charges brought

against you, lining up a lawyer to represent you in advance is not the best

of decisions. In these situations, client-lawyer rapport is crucial: you

need someone whom you trust, build a rapport with and competent enough to

defend you in a court of law. You rarely get the chance to talk to your

attorney face-to-face in a pre-paid legal plan, and most of the attorneys

in the network do not do criminal defence work.

Transactional and business law is the area where you will most probably

find pre-paid legal services most effective. If you frequently need to

someone to draft your wills, review simple contracts and set up advance

health-directives or simply want competent legal advice at your disposal,

then going pre-paid will save you the trouble of searching for an attorney

and paying 'a la carte'.

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