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Saturday, May 26, 2018

Reasons Why You Should Answer Your Phone When The Debt Collector Calls

Reasons why you should answer your phone when the debt collector calls

Calls from debt collectors can be overwhelming and intimidating. But learning some dos and don’ts about handling debt collector calls and understanding your rights when it comes to debt collection agencies can ease your anxiety. More importantly, by knowing what to do and say when a debt collector calls, you can avoid making a mistake that could put you at legal or financial risk.

What to Do When a Debt Collector Calls

Here are some things that you should do when dealing with collection calls or speaking with collection agents.

Keep a Collections Log

A collections log is a written record that you make of the date and time that a collector calls, the employee that you speak with, and what the collector says to you. Your log does not have to be anything fancy — writing it on a notepad or spare piece of paper is fine.

A collections log will help you straighten out who is calling you from where, and what debts each collector is calling about. It will also help you keep track of how often a certain creditor calls and document inconsistencies in what collectors say to you from one call to the next.

Write to the Collector to Request it Stop Contacting You (If that’s What You Want)

Under the federal Fair Debt Collection Practices Act, if you request that a debt collector stop contacting you completely, it must do so (with a few exceptions). Your request must be in writing.

Think carefully before you do this. If you want to keep tabs on the status of the debt and/or open up the lines of communication with the collector in order to negotiate a settlement, this might not be in your best interest. If you request that the collector cease communication with you, it cannot contact you except to serve you with a lawsuit.

Tell the Collector If You Think You Don’t Owe the Debt

If you feel the debt isn’t legitimate, or that you don’t owe it, you should tell the collector why. Often, collectors aren’t even aware that your debt may be uncollectable. Many times, if your reason is valid, collectors will voluntarily cease collection on the debt, as their resources are better used on consumers who don’t have a valid objection to paying the money.

If you act quickly, you can request in writing that the debt collector validate the date (provide certain information about it) and stop collection activities while it does so. However, consumer lawyers report that debt collectors usually don’t provide much in the way of information in response to these requests. To learn more, see Debt Validation.

Tell the Collector You Can’t Afford to Pay (If You Can’t)

There is nothing that legally obligates a collector to stop collecting just because you can’t pay. However, telling collectors that you can’t pay, and giving them a short explanation of your financial difficulties, may lead them to move on to other consumers. It may also prevent your file from being referred to litigation.

 

Travel Now Pay Later With Vacation Finance

Travel now pay later with vacation finance

Resort packages include one or two-bedroom accommodations at select resorts worldwide. Rates are based per unit for an 8 -day / 7-night stay. Financed packages are for accommodations only and do not include airfare. Airfare may be purchased at a discounted rate through our member services department. Minimum down payment is required and varies depending on total cost of the trip. Our Travel Now Pay Later rates are always discounted.

How It Works:

They provide our members with exclusive vacation offers from our signature resort line. Accommodations are available at select resorts both domestic and international. Members enjoy privileged access and interest free financing. Payments start as low as R450 per week and R150 per month.

Once reservations are confirmed they cannot be changed and are non-refundable. Accommodations are based on availability. Rates and availability on all Resort Packages are subject to change until reservations are confirmed & accepted by club member.

Should You Take Cell Phone Insurance For Your Mobile Contract?

Should you take cell phone insurance for your mobile contract?

Cellphones, especially smartphones, certainly do not come cheap these days. They are also considered a vital feature in most people’s day-to-day lives. In a snap survey at a 2016 Customer Experience Summit, the question was posed whether the audience would go home to get their wallet or cellphone, if either was left at home. 15% of the audience indicated that they would go home for their wallet. While an overwhelming 75% raised their hands for the mobile phone.

What You Need To Know About Cellphone Insurance

The mobile phone is now the primary means of communication, a wallet, and holds vital personal information. What are your options, therefore, in the case of the phone getting stolen, being damaged, or lost. We take a look at these below.

Insuring Through An Insurance Company

You can easily insure your mobile through any insurance company. Most companies cover the following:

  • Theft
  • Smash and grab
  • Accidental loss
  • Accidental damage

Some even cover for water damage. So, make sure to check with your insurance whether they do. Should your phone be stolen, in order to claim, you will need to report the theft immediately. You will have 24 to 48 hours to do so, depending on the company. In most cases, you will have 60 days to claim, should something go wrong with your phone.

What is vital to remember is that you cannot get stand-alone insurance on your mobile phone through an insurance company. You will have to add it to your current insurance policy or sign for household insurance with a company. A mobile phone will fall into the portable insurance category, which essentially are possessions that you can take out of your home.

Should you be looking for standalone insurance for your phone, you could consider signing with your network provider. Vodacom, MTN, and Cell C provide for insuring your mobile phone and simply add it on to your monthly bills. Your mobile can be covered against:

  • Loss
  • Theft
  • Damage

Only MTN and Vodacom cover for liquid damage, so keep this in mind should you try claiming from Cell C. In the case of theft, you will also need to report the loss to the South African Police Service, within 48 hours. You will also need to contact the service provider to blacklist your SIM card. In all cases, you will need a functioning SIM card to claim from the network’s insurance. Should your SIM card have been cancelled, your handset will no longer be covered. If you were using a SIM from another service provider at the time of the theft or loss, your claim will not be paid.

 

For R30 extra, Cell C also provides cover if your cellphone was used after the theft. This will cover airtime, data, and SMS usage before the phone was blacklisted. This will, however, only come into effect if it was used up to 24 hours after the theft was reported.

Picking The Right Financial Institute

Picking the right financial institute

Changing banks can be a real hassle when you have to spend time opening a new account, switching your automatic payments, and ordering a new debit and credit card. To alleviate some stress down the road, you will want to pick the right financial institution for your specific needs and goals, rather than the one that’s closest to your home or work.

Here are some things to think about when making your selection:

Hours and location. Do you go to the bank most frequently on the way to and from work, or do you tend to do your banking over the weekend, closer to home? It matters. Do you travel a lot? If so, you may need a larger bank with branches in more locations. You’ll want to consider your financial habits when picking a bank.

Services and customer service. Small community banks are usually known for offering great rates and excellent personal service. Larger banks may offer more products and services, including ATMs and branches in more locations. Nowadays, most banks offer online banking services like mobile check deposit and electronic transfer options for your funds. You’ll want to evaluate your needs carefully before deciding upon a small community bank, a larger bank, or one in the middle.

Fees. Do you make a lot of withdrawals or debits? Keep a low balance? It’s important to understand bank fee charges that could possibly cost you a lot of money for debits or withdrawals. You’ll also want to watch for monthly service fee charges on an account that goes below a certain balance requirement.

How To Effectively Manage Your Pension Fund

How to effectively manage your pension fund

More and more investors are running their own retirement funds thanks to self-invested personal pensions or Sipps.

If you want to take charge of your own pension savings, rather than simply hand your money to an insurance company, the conventional wisdom has been to start a self-invested personal pension, more commonly known as a Sipp.

These do-it-yourself pensions allow savers to choose where their money is invested, and offer far greater freedom. Rather than select from a narrow range of insurance company funds, Sipps offer a panoply of investments, including bank deposits, bonds, shares, pooled funds such as unit and investment trusts, open-ended investment companies (Oeics), exchange-traded funds (ETFs), commercial property, hedge funds, foreign currency and warrants.

But this simplistic definition ignores the sea change that has affected pensions in recent years. There are now a variety of Sipp products, including hybrid or “off-the-shelf” Sipps (offered by insurers) and low-cost execution-only versions, which as the name suggests are cheaper but offer more limited investment options.

At the same time, new technology has enabled investors to run personal pensions via a “platform”, such as a fund supermarket, giving them access to a wide choice of investment funds – often at a fraction of the cost of a traditional Sipp.

Recent research certainly indicates that some Sipp holders aren’t making the most of their investment options, so they may be paying far more than they need for their pension wrapper.

One in four Sipp customers has the vast majority of their pension (more than 90pc) in unit trusts and Oeics, while 70pc don’t invest in ETFs and almost half (45pc) do not use their Sipp to invest in equities directly.

In most cases these plans have lower charges than “full” Sipps. But if the bulk of investors’ money remains in the insurer’s funds, customers may be paying more for the Sipp wrapper – compared with the company’s personal pensions – even though their money is primarily invested in the same basic funds.

The Financial Services Authority has previously investigated whether Sipps were being sold with appropriate advice, and has cautioned some advisers against “churning” existing pensions into Sipps to benefit from higher commission payments.

Loans For Uber Drivers

Loans for Uber drivers

Uber, a car transportation company with headquarters in the United States of America offers Uber Finance for drivers. Uber Finance is loans given to Uber drivers.

The Start Fresh Finance car loans can helps Uber drivers to get on the road as an Uber Driver. If you are thinking about being an Uber driver, you are free to call Uber and tell them how you would love to borrow from them.

One might need to know, which Uber car loans are available? Well, there are a few different financing options you can choose from. Below are the options:

  • Rental, if you need an eligible car to get you on the road with Uber but aren’t ready for a car loan, you can consider renting.
  • Car loan for Standard car loans
  • Personal Loan, secured or unsecured

You can rent with the option to purchase at term’s end, this kind of loan works in a related way to a car hire acquisition, where you are fundamentally hiring the car, and at the end of the term you have the choice of owning the vehicle. By doing this, you are gaining equity while renting and have the option to own, upgrade or hand back the vehicle at the end of the term.

You can become a top rated and successful Uber driver and work with Start Fresh Finance to ensure your riders have a first class experience in a comfortable clean new car.

It has been awhile since Uber and Grab has been advertised as a way to earn more while alleviating the worsening traffic in Manila.

Uber drivers may receive just like those working in offices (perhaps more). However, though earning may be as easy as these companies want us to believe, there are certain things you need to spend on in order to maximize your earnings as Uber driver.

Third Party Fire And Theft Insurance

Third Party Fire and Theft Insurance

All cars need to be insured – it’s the law. But you get to choose what level of cover your car has. Are the more basic options right for you?

What does third-party only insurance cover?

Third-party only insurance (TPO) offers you the legal minimum level of car insurance cover, and is the most basic you’re able to get. This kind of policy helps protect other people, vehicles and property in the event of an accident that was deemed to be your fault.

Say you drive into the rear of someone’s car, causing damage to the bumper and injuring the driver. Your third-party insurance would cover the cost of the other person’s car and medical expenses. What isn’t covered, though, is damage to your own car or any injuries you suffer. For that, you’d need a comprehensive insurance policy. Otherwise those costs are on you.

In short, third-party only cover is the best way to ensure that, if someone suffers a road accident that isn’t their fault, their costs can be recuperated.

What does third-party, fire and theft insurance cover?

As well as third-party damage, third-party, fire and theft (TPFT) lets you claim for:

  • Replacing your car if it’s stolen
  • Damage that happens as the result of an attempted theft eg broken door locks or a stolen radio.
  • Fire damage to the car

This cover for fire damage applies to accidental fires as well as arson – though you’ll need a crime reference number to claim for the latter.

What Is Forex?

What is forex?

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This includes all aspects of buying, selling and exchanging currencies at current or determined prices.

What is Forex trading and how does it work?

The Foreign Exchange market, also called FOREX or FX, is the global currency trading market. … On the FOREX market one currency is exchanged for another. The single most important thing on the FOREX market is the exchange rate between two currencies (a currency pair).

What is Forex Trading all about?

Forex, also known as foreign exchange, FX or currency trading, is a decentralized global market where all the world’s currencies trade.

Basically, the Forex market is where banks, businesses, governments, investors and traders come to exchange and speculate on currencies. The Forex market is also referred to as the ‘Fx market’, ‘Currency market’, ‘Foreign exchange currency market’ or ‘Foreign currency market’, and it is the largest and most liquid market in the world with an average daily turnover of $3.98 trillion.

Advance Loans

Advance loans

Cash Advance is an instant cash loan against your valuables without having to sell them.

There are times when money is tight around the house and it’s usually then that an emergency comes crashing in. Fortunately, Cash Converters has a same day cash loan facility that you can use by bringing in anything of value, from jewellery to electronics, as security against your loan.

Cash Advance is an instant cash loan against your valuables, so you can keep the stuff you love & get the cash you need within 15 minutes. They will store your valuables securely and safely. When you return within one month and repay the Cash Advance loan amount (plus *fees), we’ll return your belongings to you, just as you left them. It’s that easy.

Don’t let cash flow problems get you down.

Go to Cash Converters and get a quick and easy cash loan today.

  • zero-tolerance policy
  • language policy
  • They accept valuables ranging from cell phones and watches to TV’s and power tools.

What you need to bring

Bring your used items in good condition and functioning properly

Your identity document, driver’s licence, or passport.

How It Works

  • You bring your valuables into any one of our stores.
  • They will discuss your needs with you.
  • They will test the items if necessary.
  • They will offer you a price for your valuables.
  • Upon agreement we’ll give you your cash and safely store your goods
  • You pay back your loan within one month (what you borrowed, plus *fees

 

Bitcoin Mining in 2018 – Why Bitcoin is Not Dying…

Mining with Bitcoin

The key idea behind Bitcoin was the blockchain, publicly visible, largely anonymous online ledger that records Bitcoin transactions. The blockchain is a database that performs those tracking functions such as those of a bank, but without the bank or any other central authority.

These include online transfers, verification of funds, and such. Bitcoin transactions can be made through sites offering electronic wallets that upload the data to the network.

Once you’ve decided to start using Bitcoins, you need to get a unique bitcoin address or wallet to store your bitcoins. Your bitcoin wallet address is similar to an email address; people will send bitcoin to your bitcoin wallet address. You can share or publish your bitcoin address so that people can send you money at that address.

Bitcoin miners are the ones who with the new transactions are bundled together into a batch and broadcast to the network for verification. As there’s more to Bitcoin mining than the rights to newly created bitcoins.

A Bitcoin miner responsibility also includes verifying other bitcoin transactions, which users are rewarded for. Whilst also keeping transactions secure and reliable.

Mining is the central mechanic behind the bitcoin economy, and despite the myth that anybody can become a miner, it’s not true, as you have to have really fast computers and in most instances quite a bit of technical knowledge. Don’t stress though, there are MANY great online video’s on Youtube that can give you some tips and tricks on how to get started.

A couple of services has also sprung up and created software for the novice looking at trying out crypto currency mining. Our favourite is definitely Nicehash because of its fail safe simplicity! All you need to do is install the software, pop in your Bitcoin wallet address and sit back while the program does everything for you. You can’t get much more simple than that, and if you have some decent computer equipment standing around idle, we would suggest you head over to www.nicehash.com and download their software. Also be sure to check out some online stores where you can spend your newly earned Bitcoins!

Here is an instruction video on how to use their software.

Benefits of using a wallet with Bitcoin versus storing your money at a bank include:

  • Anyone can use bitcoin, there’s no need for account verification, identity checks or proof of residence
  • Privacy is enhanced with Bitcoin and it reduces identity theft.
  • Bitcoin transfers are available within minutes, not like typical banking where it can take days
  • Transactions cannot be reversed, so retailers no longer need to worry about credit card charge-backs
  • Pay anyone anywhere in the world, without money transfers, complicated bank charges and government involvement. Quick, easy and reliable!

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