Accept Credit Card Merchant Account
By Shane Penrod
If you’re looking to expand your business, you can soon accept
credit card merchant account payments by applying for a
merchant services account. Many lenders and financial
institutions are eager to provide this account to responsible
entrepreneurs who seek to provide credit card payment options
at their business. Whether you sell products from your home,
travel around to provide consulting or training services, or
conduct business solely over the Internet, a merchant services
account can help move your company into the e-commerce arena.
When you are ready to accept credit card merchant account
payments for your goods or services, start by shopping for an
established banker or lender that can offer you a merchant
services account. Look for a company that has been in business
for several years and enjoys a good reputation. You may want to
check with the Better Business Bureau to ensure that the company
is not running a scam and that it can provide as well as
maintain the benefits it offers. When you locate two or three
companies that you might want to work with, compare their
terms, prices, and equipment options. These can vary widely, so
first have an idea of what your company and customers need.
Don’t try to bite off more than you can chew by taking on too
much debt at first for equipment you may never or seldom use.
Instead, stay focused on your primary objective, which may be
as basic as processing credit card payments from customers who
stop by your restaurant for a meal. Only when you identify a
real need for additional services should you consider extending
your credit and your budget to buy these things, which might
include a pager, an e-check and debit processor, or a Website
credit payment processor.
If your business continues to grow and you want to accept
credit card merchant account payments on a wider scale, you can
set up a company Website to promote your company and offer
credit card processing options. A Website will let customers
visit any time it is convenient for them to do so, and you
don’t have to maintain a staff person on call to answer
questions. Just add an email option to the site, and your
clients can send questions, orders, or suggestions to you
directly, in addition to making credit card payments on goods
purchased at the Website. The site may include a product or
service description, price list, FAQs, and other relevant
details that will help answer customers’ questions and clear
the way for them to order online. Many people prefer this
shopping method to paying in cash or in person.
Accepting credit card payments can cost as little as a few
cents per transaction or an overall low percentage rate each
month. There may be additional fees, whoever, so be sure to ask
before signing a contract. Inquire about a domain name
registration, hosting fees, and site maintenance service terms.
Then get ready to watch as profits climb when you learn how to
accept credit card merchant account payments online.
About the Author: Shane Penrod is the founder of
Merchant-Account-Quotes.com Specializing in allowing merchants
the ability to shop and compare multiple quotes from national
merchant account providers. For free quotes on merchant account
rates and fees, please go to
http://www.merchant-account-quotes.com
Source: http://www.isnare.com
Tuesday, August 7, 2007
Monday, August 6, 2007
Credit Card Machines 802 Web
Credit Card Debt: How To Get Rid Of It.
By Greg Mee
This method is simple, but requires some discipline.
First, you have to stop any new spending on your cards.
Second - you'll need to examine all of your spending. You'll
need to know how much extra money you'll be able to put towards
paying off your cards.
Credit card companies generally determine the minimum payment
to be 2 - 2.5% of the outstanding balance. So if you owe
$1,000, for example, your minimum payment will be 20 - $25 per
month.
Some part of that $25 goes to the interest on the balance, some
to pay off the actual balance. How much goes where depends on
the interest rate. Your credit card statement will give you the
exact numbers.
Let's say that $20 of the $25 goes to the actual balance. To
pay off $1,000 at $20 per month will take 50 months. Just over
four years. You'll also have paid $250 in interest alone.
Here's how you pay them off:
Look at the interest rates on all your credit cards. Take the
one with the highest rate. That's the one you're going to work
on first and we'll call it card #1.
After examining your spending you may have found some money to
put towards your payments. All of this extra money to pay off
your card debt goes to this one card. The idea is to pay as
much extra to card #1 as you can. Until it's paid off.
Pay the minimum balances on all the other cards until card #1
is done.
Then take the card with the next highest interest rate and add
to its payment the total of the payment you were making to card
#1. In other words, send the regular monthly payment you used to
send for card #1, plus any additional amounts that you used to
pay on card #1, plus the monthly minimum for card #2- all to
card #2. Do this until card #2 is done.
Then take the total you were paying to cards #1 and #2 and add
that to the payment on card #3, and so on.
Here's an example:
Let's say you have four, maxed out, credit cards. Each with a
balance of $5,000 ($20,000 total.)
Say the minimum payment on each card is $100 (yours may be
different) making your monthly minimum payment total $400.
Now let's say you have $500 per month to pay these off, which
you found through analyzing all your spending.
Card #1 has the highest interest rate and you'll send $200 per
month to that card and pay the minimums ($100) on each of the
others.
And you're not adding any new spending.
The extra $100 you're sending in to card #1 goes to the actual
balance of the card, not the interest. This will let you pay
that card off a lot faster. You might be able to kill this card
in two years, instead of 5.
Eventually, card #1 is dead. The entire payment, $200, that you
were making to card #1 gets added to the payment on card #2, for
$300 total. ($100 minimum plus the extra $200 from card #1.)
The balance on card #2 will be less than $5,000 since you've
been making your minimum payments all along. Adding the $200
from card #1 to the payment of $100 that you've been making to
card #2 will make this card go away much faster than the first
card did.
When card #2 is gone you take the $300 per month that you were
paying to #1 and #2 and add it to the payment on #3, which will
now be $400/month.
When #3 is done you repeat the procedure for card #4, but now
you're sending the whole $500/month to that one card.
Obviously this system will take years, but at the end of that
time you have:
* Four dead cards (hopefully you cut most of them up,)
* Spending and budgeting discipline earned from going through
the whole process, and
* $500/month to put into a savings account or where ever.
Good luck!
About the Author: Written by Greg Mee. For more help on
handling credit card debt visit
http://www.1-credit-card-debt.com
Source: http://www.isnare.com
By Greg Mee
This method is simple, but requires some discipline.
First, you have to stop any new spending on your cards.
Second - you'll need to examine all of your spending. You'll
need to know how much extra money you'll be able to put towards
paying off your cards.
Credit card companies generally determine the minimum payment
to be 2 - 2.5% of the outstanding balance. So if you owe
$1,000, for example, your minimum payment will be 20 - $25 per
month.
Some part of that $25 goes to the interest on the balance, some
to pay off the actual balance. How much goes where depends on
the interest rate. Your credit card statement will give you the
exact numbers.
Let's say that $20 of the $25 goes to the actual balance. To
pay off $1,000 at $20 per month will take 50 months. Just over
four years. You'll also have paid $250 in interest alone.
Here's how you pay them off:
Look at the interest rates on all your credit cards. Take the
one with the highest rate. That's the one you're going to work
on first and we'll call it card #1.
After examining your spending you may have found some money to
put towards your payments. All of this extra money to pay off
your card debt goes to this one card. The idea is to pay as
much extra to card #1 as you can. Until it's paid off.
Pay the minimum balances on all the other cards until card #1
is done.
Then take the card with the next highest interest rate and add
to its payment the total of the payment you were making to card
#1. In other words, send the regular monthly payment you used to
send for card #1, plus any additional amounts that you used to
pay on card #1, plus the monthly minimum for card #2- all to
card #2. Do this until card #2 is done.
Then take the total you were paying to cards #1 and #2 and add
that to the payment on card #3, and so on.
Here's an example:
Let's say you have four, maxed out, credit cards. Each with a
balance of $5,000 ($20,000 total.)
Say the minimum payment on each card is $100 (yours may be
different) making your monthly minimum payment total $400.
Now let's say you have $500 per month to pay these off, which
you found through analyzing all your spending.
Card #1 has the highest interest rate and you'll send $200 per
month to that card and pay the minimums ($100) on each of the
others.
And you're not adding any new spending.
The extra $100 you're sending in to card #1 goes to the actual
balance of the card, not the interest. This will let you pay
that card off a lot faster. You might be able to kill this card
in two years, instead of 5.
Eventually, card #1 is dead. The entire payment, $200, that you
were making to card #1 gets added to the payment on card #2, for
$300 total. ($100 minimum plus the extra $200 from card #1.)
The balance on card #2 will be less than $5,000 since you've
been making your minimum payments all along. Adding the $200
from card #1 to the payment of $100 that you've been making to
card #2 will make this card go away much faster than the first
card did.
When card #2 is gone you take the $300 per month that you were
paying to #1 and #2 and add it to the payment on #3, which will
now be $400/month.
When #3 is done you repeat the procedure for card #4, but now
you're sending the whole $500/month to that one card.
Obviously this system will take years, but at the end of that
time you have:
* Four dead cards (hopefully you cut most of them up,)
* Spending and budgeting discipline earned from going through
the whole process, and
* $500/month to put into a savings account or where ever.
Good luck!
About the Author: Written by Greg Mee. For more help on
handling credit card debt visit
http://www.1-credit-card-debt.com
Source: http://www.isnare.com
Wednesday, August 1, 2007
Credit Card Machines 802 Web
Business Credit Card Processing - The Benifits
By Shane Penrod
In developing a personal, home-based, or small community
business, you may find that it will grow to the point that
informal transactions are no longer advisable – this is where
business credit card processing comes into the picture. You will
need to upgrade your operational methods in order to provide
customers with the highest quality of doing business with your
company, which will undoubtedly include the benefits of business
credit card processing.
Some merchants prefer to keep accounts on a cash-only basis.
They believe that money transactions can be handled more quickly
and accurately than business credit card processing. However,
what they do not take into account is the amount of manual labor
and the potential for human error that typically accompany cash
transactions. That is why, as your business grows, it may be
time to invest in a credit card processing system.
Inexpensive and easy to operate, a business credit card
processing program will attract customers who enjoy the ease of
doing business with your organization. They will not need to
bring in the right amount of cash or worry about overspending.
Instead, they can shop for your products and services with an
easy mind, knowing that you will provide the convenience of a
credit card payment system. Whether you sell used books or
handmade baby clothes, a credit card payment option generally
attracts more clients who are willing to spend more than the
person who operates on a cash basis.
Wherever your business is headed, the going may be slow unless
you decide to grow your operation with business credit card
processing. Low monthly or per-transaction fees make this
equipment upgrade very affordable, even to merchants who are
still building a relatively small business. For example, some
companies require a small monthly gateway fee of perhaps $20 to
$25 or so in addition to a small rate per customer credit card
transaction. You may have the choice of paying perhaps 1.5% or
1.75% or 15 to 25 cents for each swipe of the card. Some
companies don’t even charge installation fees. A simply monthly
statement reflects the amount of business your new system is
bringing to the company. If after a few months you feel the
program doesn’t work well for your operation, you can always
stop using it and go back to the old way of doing things.
You can set up a retail credit card processing program using a
swiped card method of processing payments. Or you can use MOTO
for mainstream commerce. There is even an e-commerce option when
you are ready for the next step. Most systems are compatible
with numerous quality banking platforms for safe, easy
processing. It is important to work with a credit card
processing company that you can trust. Find one with a solid
reputation for quality business dealings. Get in touch with
staff members to ask questions and learn more about the
equipment, service and maintenance, as well as possible benefits
and problems with a credit card processor. Only then should you
consider signing a contract for the valuable and exciting
services provided by a business credit card processing program.
About the Author: Shane Penrod is the founder of
Merchant-Account-Quotes.com Specializing in allowing merchants
the ability to shop and compare multiple quotes from national
merchant account providers. For free quotes on merchant account
rates and fees, please go to
http://www.merchant-account-quotes.com
Source: http://www.isnare.com
By Shane Penrod
In developing a personal, home-based, or small community
business, you may find that it will grow to the point that
informal transactions are no longer advisable – this is where
business credit card processing comes into the picture. You will
need to upgrade your operational methods in order to provide
customers with the highest quality of doing business with your
company, which will undoubtedly include the benefits of business
credit card processing.
Some merchants prefer to keep accounts on a cash-only basis.
They believe that money transactions can be handled more quickly
and accurately than business credit card processing. However,
what they do not take into account is the amount of manual labor
and the potential for human error that typically accompany cash
transactions. That is why, as your business grows, it may be
time to invest in a credit card processing system.
Inexpensive and easy to operate, a business credit card
processing program will attract customers who enjoy the ease of
doing business with your organization. They will not need to
bring in the right amount of cash or worry about overspending.
Instead, they can shop for your products and services with an
easy mind, knowing that you will provide the convenience of a
credit card payment system. Whether you sell used books or
handmade baby clothes, a credit card payment option generally
attracts more clients who are willing to spend more than the
person who operates on a cash basis.
Wherever your business is headed, the going may be slow unless
you decide to grow your operation with business credit card
processing. Low monthly or per-transaction fees make this
equipment upgrade very affordable, even to merchants who are
still building a relatively small business. For example, some
companies require a small monthly gateway fee of perhaps $20 to
$25 or so in addition to a small rate per customer credit card
transaction. You may have the choice of paying perhaps 1.5% or
1.75% or 15 to 25 cents for each swipe of the card. Some
companies don’t even charge installation fees. A simply monthly
statement reflects the amount of business your new system is
bringing to the company. If after a few months you feel the
program doesn’t work well for your operation, you can always
stop using it and go back to the old way of doing things.
You can set up a retail credit card processing program using a
swiped card method of processing payments. Or you can use MOTO
for mainstream commerce. There is even an e-commerce option when
you are ready for the next step. Most systems are compatible
with numerous quality banking platforms for safe, easy
processing. It is important to work with a credit card
processing company that you can trust. Find one with a solid
reputation for quality business dealings. Get in touch with
staff members to ask questions and learn more about the
equipment, service and maintenance, as well as possible benefits
and problems with a credit card processor. Only then should you
consider signing a contract for the valuable and exciting
services provided by a business credit card processing program.
About the Author: Shane Penrod is the founder of
Merchant-Account-Quotes.com Specializing in allowing merchants
the ability to shop and compare multiple quotes from national
merchant account providers. For free quotes on merchant account
rates and fees, please go to
http://www.merchant-account-quotes.com
Source: http://www.isnare.com
Friday, July 27, 2007
Credit Card Machines 802 Web
Credit Card Offers
By Beth Pardue
The vast majority of credit card offers you receive are fair
and ethical. But there are two things to look out for that some
credit card companies have been known to pull on unwary
customers. These tactics are perfectly legal, so your only
recourse to preventing them is to be alert.
The old bait and switch. You apply for a great credit card that
gives you tons of frequent-flier miles, hoping to put all of
your shopping on it, and then head to the Bahamas in February.
When and if you get that card, study the terms carefully. If
you don't qualify for the great card, the credit card company
can send you a completely different card with different
terms--without telling you. Visit www.amex-visa-mastercard.com
for a list of reputable credit card offers.
Cash advance fees and rates. Read the fine print on your
statement and you'll see it's a very bad idea to take cash out
on your credit card. Your card might have a really low rate for
purchases, but the rate for cash advances is much higher. And
there is no grace period--you start paying interest right away.
Aside from paying a high rate on the cash you take out, you're
going to pay a fee, usually 2 percent to 4 percent of the
amount advanced. And your payments will be applied to the
lower-interest balance before they are applied to your cash
advance. Don't get yourself into trouble with either of these
two mistakes ... read the terms of your credit card offers
carefully before you activate them.
About the Author: This article was written by Beth Pardue who
has over 10 years of experience in the financial industry
assisting clients with assorted financial needs. To learn more
about credit cards or to apply for a credit card online please
visit: Visit http://www.amex-visa-mastercard.com today!
Source: http://www.isnare.com
By Beth Pardue
The vast majority of credit card offers you receive are fair
and ethical. But there are two things to look out for that some
credit card companies have been known to pull on unwary
customers. These tactics are perfectly legal, so your only
recourse to preventing them is to be alert.
The old bait and switch. You apply for a great credit card that
gives you tons of frequent-flier miles, hoping to put all of
your shopping on it, and then head to the Bahamas in February.
When and if you get that card, study the terms carefully. If
you don't qualify for the great card, the credit card company
can send you a completely different card with different
terms--without telling you. Visit www.amex-visa-mastercard.com
for a list of reputable credit card offers.
Cash advance fees and rates. Read the fine print on your
statement and you'll see it's a very bad idea to take cash out
on your credit card. Your card might have a really low rate for
purchases, but the rate for cash advances is much higher. And
there is no grace period--you start paying interest right away.
Aside from paying a high rate on the cash you take out, you're
going to pay a fee, usually 2 percent to 4 percent of the
amount advanced. And your payments will be applied to the
lower-interest balance before they are applied to your cash
advance. Don't get yourself into trouble with either of these
two mistakes ... read the terms of your credit card offers
carefully before you activate them.
About the Author: This article was written by Beth Pardue who
has over 10 years of experience in the financial industry
assisting clients with assorted financial needs. To learn more
about credit cards or to apply for a credit card online please
visit: Visit http://www.amex-visa-mastercard.com today!
Source: http://www.isnare.com
Thursday, July 26, 2007
Credit Card Machines 802 Web
Credit Card Processing Accessories
By [http://ezinearticles.com/?expert=Kent_Pinkerton]Kent Pinkerton
Credit card processing accessories include a magnetic stripe reader, a keypad to enter prices and other information, and a small display. The printer can be either built-in or a separate unit. Traditional credit card terminals have different types of displays. Larger displays allow you see more information at once. Displays are usually measured in lines and columns. An 8 x 20 display has 8 lines of text in 20 columns. Backlit display is a standard feature in most new terminals. It lets you to see the terminal even in low light.
Keypads vary in size and number of keys. Larger keypads are very easy to use. There are many types of printers including dot matrix receipt printers, thermal receipt printers, and inkjet receipt printers. Credit card processing terminals are available with integrated fast thermal printer with automatic feeding system. Some of them have four users programmable function soft keys which help better interaction and built-in fast printer.
Credit card processing terminals are compact machines. Accessories such as integrated smart card readers, plug-in battery charger, and power cords are essential components. For virtual credit card terminals, phone or fax, software, computer, and internet connections are necessary. A credit card processing terminal that has a PIN pad can accept debit cards. Card reader cleaners and surge protectors are other credit card processing accessories. Printer paper, ribbons and ink cartridges, mounts and stackers, manual imprinters and imprinter slips, power packs, and cables are also indispensable credit card processing accessories.
There are a number of manufacturers who provide credit card processing accessories. They supply customers various quality solutions to suit their growing needs. Most of them are warranted against defects in material and workmanship for a period of years from the date of shipment. [http://www.e-CreditCardTerminals.com]Credit Card Terminals provides detailed information on Credit Card Terminals, Credit Card Terminal Systems, Wireless Credit Card Terminals, Credit Card Processing Terminals and more. Credit Card Terminals is affiliated with [http://www.i-CreditCardProcessing.com]Credit Card Processing Software.
Article Source: http://EzineArticles.com/?expert=Kent_Pinkerton http://EzineArticles.com/?Credit-Card-Processing-Accessories&id=353176
By [http://ezinearticles.com/?expert=Kent_Pinkerton]Kent Pinkerton
Credit card processing accessories include a magnetic stripe reader, a keypad to enter prices and other information, and a small display. The printer can be either built-in or a separate unit. Traditional credit card terminals have different types of displays. Larger displays allow you see more information at once. Displays are usually measured in lines and columns. An 8 x 20 display has 8 lines of text in 20 columns. Backlit display is a standard feature in most new terminals. It lets you to see the terminal even in low light.
Keypads vary in size and number of keys. Larger keypads are very easy to use. There are many types of printers including dot matrix receipt printers, thermal receipt printers, and inkjet receipt printers. Credit card processing terminals are available with integrated fast thermal printer with automatic feeding system. Some of them have four users programmable function soft keys which help better interaction and built-in fast printer.
Credit card processing terminals are compact machines. Accessories such as integrated smart card readers, plug-in battery charger, and power cords are essential components. For virtual credit card terminals, phone or fax, software, computer, and internet connections are necessary. A credit card processing terminal that has a PIN pad can accept debit cards. Card reader cleaners and surge protectors are other credit card processing accessories. Printer paper, ribbons and ink cartridges, mounts and stackers, manual imprinters and imprinter slips, power packs, and cables are also indispensable credit card processing accessories.
There are a number of manufacturers who provide credit card processing accessories. They supply customers various quality solutions to suit their growing needs. Most of them are warranted against defects in material and workmanship for a period of years from the date of shipment. [http://www.e-CreditCardTerminals.com]Credit Card Terminals provides detailed information on Credit Card Terminals, Credit Card Terminal Systems, Wireless Credit Card Terminals, Credit Card Processing Terminals and more. Credit Card Terminals is affiliated with [http://www.i-CreditCardProcessing.com]Credit Card Processing Software.
Article Source: http://EzineArticles.com/?expert=Kent_Pinkerton http://EzineArticles.com/?Credit-Card-Processing-Accessories&id=353176
Tuesday, July 24, 2007
Credit Card Machines 802 Web
Credit Card Debt - Do You Feel Frustrated
By Scott Knutson
If you're one of those people who like to "charge it" to their
plastic, chances are you've piled up a mountain of debt. And
like most people who have spent their way into a financial
corner, are probably don't have the money to pay off your debt.
Credit card debt is a serious problem - a problem that won't
just simply go away on its own. Unfortunately, many people
compound their financial problems by doing just that - ignoring
it, because it's such a scary and humbling experience to face it
head on.
This is unfortunately a bad thing considering that people who
are in debt need to snap back to their senses and assess
whatever it is that they've still going for them and be ready to
face their debt no matter how overwhelming a problem it appears
to be.
Ok, it's time to get real and face the cold, hard reality that
you've stumbled a bit and now it's time to pick up the pieces.
Not fun, but the sooner you start the sooner the oppressive
weight of debt can be lifted from you life and you can go back
to living again.
Clearly, the first step is stop using your credit cards to buy
stuff. Give them a rest for goodness sakes, exercise a little
discipline and go back to only buying stuff you can afford,
which of course translates into paying for things the
old-fashioned way - with cash.
Surrendering your credit cards won't be easy, especially for
shopaholics like yourself, but then again if you would simply
remind yourself that if you don't do something soon you debt
will balloon out of control and before you know it you'll be
filing for bankruptcy. It's like the old car commercial that
talked about getting your oil changed and doing a little
preventive maintenance. The tag line was something like: "you
can pay me now or pay me later" with the clear implication that
you exercise a little discipline now (preventive maintenance) or
pay me later (a much costlier bill like a new engine).
On the other hand, excessively high credit card debt, no matter
how much it actually is, is not the end of the world - although
it feels like it. A lot of people who have had the same problem
have been given a second "financial" life after they stopped
irresponsibly using credit cards. Of course, they also put in
the effort to setup a budget and prioritized paying off their
and changed their spending habits to better reflect their income
and most importantly - they did something completely foreign -
they started to actually spend less than they made. So you see,
all is definitely not lost but it will take some effort.
Once you decide to start taking financial responsibility it's
time to take action. Be friendly with your creditors and by
friendly I mean asking for their advice on how you can
restructure your debt into a plan that you can actually afford
without having to starve yourself for years and don't be afraid
to ask for a big reduction in the interest you're being charged
and a little "forgiveness" in the amount of debt you owe - 50%
reduction is good target.
Knowing that you're actually interested in taking
responsibility for your credit card debt shows a lot of maturity
on your part and your creditors will most probably be more than
happy to help you out because 50% of whatever you owe at a lower
interest rate is better than the hope of getting 100% of nothing
- as in you filing for bankruptcy. Not that bankruptcy will
eliminate all your debt, it won't but this is not only a hassle
for you it's also a big hassle for your creditors.
Although your creditors won't give you the money to pay for
your credit card debt, they can educate you in what you really
need to know about fixing your finances: From learning how to
discipline yourself from overspending, having a monthly budget
as well keeping track of one's expenses is extremely important.
If you don't know these things it's nearly impossible to exhibit
proper financial responsibility and to bit the bullet and make
the necessary changes.
Once you've finally been given a fresh start with regards to
your financial life, don't even think of falling back to your
same old habits ever again. If your job doesn't let you enjoy
some of life's luxuries then you better make a choice between
having a lifestyle change or finding a better paying job or
getting a second job. You have to make sure that your income, no
matter how much it is, is more than you're spending.
Remember, credit cards are not the problem; it's your lack of
discipline. Learn to exercise discipline and having a credit
card or two is not a bad idea. Just be sure to payoff the
balances each month and only use them as an alternative to
always having to carry around a bunch of cash.
About the Author: Scott Knutson is an entrepreneur and writer.
For other articles he's written visit:
http://www.debtmergeresources.com/ |
http://www.debtmgmtresources.com | http://www.aneyeondebt.com
Source: http://www.isnare.com
By Scott Knutson
If you're one of those people who like to "charge it" to their
plastic, chances are you've piled up a mountain of debt. And
like most people who have spent their way into a financial
corner, are probably don't have the money to pay off your debt.
Credit card debt is a serious problem - a problem that won't
just simply go away on its own. Unfortunately, many people
compound their financial problems by doing just that - ignoring
it, because it's such a scary and humbling experience to face it
head on.
This is unfortunately a bad thing considering that people who
are in debt need to snap back to their senses and assess
whatever it is that they've still going for them and be ready to
face their debt no matter how overwhelming a problem it appears
to be.
Ok, it's time to get real and face the cold, hard reality that
you've stumbled a bit and now it's time to pick up the pieces.
Not fun, but the sooner you start the sooner the oppressive
weight of debt can be lifted from you life and you can go back
to living again.
Clearly, the first step is stop using your credit cards to buy
stuff. Give them a rest for goodness sakes, exercise a little
discipline and go back to only buying stuff you can afford,
which of course translates into paying for things the
old-fashioned way - with cash.
Surrendering your credit cards won't be easy, especially for
shopaholics like yourself, but then again if you would simply
remind yourself that if you don't do something soon you debt
will balloon out of control and before you know it you'll be
filing for bankruptcy. It's like the old car commercial that
talked about getting your oil changed and doing a little
preventive maintenance. The tag line was something like: "you
can pay me now or pay me later" with the clear implication that
you exercise a little discipline now (preventive maintenance) or
pay me later (a much costlier bill like a new engine).
On the other hand, excessively high credit card debt, no matter
how much it actually is, is not the end of the world - although
it feels like it. A lot of people who have had the same problem
have been given a second "financial" life after they stopped
irresponsibly using credit cards. Of course, they also put in
the effort to setup a budget and prioritized paying off their
and changed their spending habits to better reflect their income
and most importantly - they did something completely foreign -
they started to actually spend less than they made. So you see,
all is definitely not lost but it will take some effort.
Once you decide to start taking financial responsibility it's
time to take action. Be friendly with your creditors and by
friendly I mean asking for their advice on how you can
restructure your debt into a plan that you can actually afford
without having to starve yourself for years and don't be afraid
to ask for a big reduction in the interest you're being charged
and a little "forgiveness" in the amount of debt you owe - 50%
reduction is good target.
Knowing that you're actually interested in taking
responsibility for your credit card debt shows a lot of maturity
on your part and your creditors will most probably be more than
happy to help you out because 50% of whatever you owe at a lower
interest rate is better than the hope of getting 100% of nothing
- as in you filing for bankruptcy. Not that bankruptcy will
eliminate all your debt, it won't but this is not only a hassle
for you it's also a big hassle for your creditors.
Although your creditors won't give you the money to pay for
your credit card debt, they can educate you in what you really
need to know about fixing your finances: From learning how to
discipline yourself from overspending, having a monthly budget
as well keeping track of one's expenses is extremely important.
If you don't know these things it's nearly impossible to exhibit
proper financial responsibility and to bit the bullet and make
the necessary changes.
Once you've finally been given a fresh start with regards to
your financial life, don't even think of falling back to your
same old habits ever again. If your job doesn't let you enjoy
some of life's luxuries then you better make a choice between
having a lifestyle change or finding a better paying job or
getting a second job. You have to make sure that your income, no
matter how much it is, is more than you're spending.
Remember, credit cards are not the problem; it's your lack of
discipline. Learn to exercise discipline and having a credit
card or two is not a bad idea. Just be sure to payoff the
balances each month and only use them as an alternative to
always having to carry around a bunch of cash.
About the Author: Scott Knutson is an entrepreneur and writer.
For other articles he's written visit:
http://www.debtmergeresources.com/ |
http://www.debtmgmtresources.com | http://www.aneyeondebt.com
Source: http://www.isnare.com
Friday, July 20, 2007
Credit Card Machines 802 Web
Credit Card Processing Accessories
By [http://ezinearticles.com/?expert=Kent_Pinkerton]Kent Pinkerton
Credit card processing accessories include a magnetic stripe reader, a keypad to enter prices and other information, and a small display. The printer can be either built-in or a separate unit. Traditional credit card terminals have different types of displays. Larger displays allow you see more information at once. Displays are usually measured in lines and columns. An 8 x 20 display has 8 lines of text in 20 columns. Backlit display is a standard feature in most new terminals. It lets you to see the terminal even in low light.
Keypads vary in size and number of keys. Larger keypads are very easy to use. There are many types of printers including dot matrix receipt printers, thermal receipt printers, and inkjet receipt printers. Credit card processing terminals are available with integrated fast thermal printer with automatic feeding system. Some of them have four users programmable function soft keys which help better interaction and built-in fast printer.
Credit card processing terminals are compact machines. Accessories such as integrated smart card readers, plug-in battery charger, and power cords are essential components. For virtual credit card terminals, phone or fax, software, computer, and internet connections are necessary. A credit card processing terminal that has a PIN pad can accept debit cards. Card reader cleaners and surge protectors are other credit card processing accessories. Printer paper, ribbons and ink cartridges, mounts and stackers, manual imprinters and imprinter slips, power packs, and cables are also indispensable credit card processing accessories.
There are a number of manufacturers who provide credit card processing accessories. They supply customers various quality solutions to suit their growing needs. Most of them are warranted against defects in material and workmanship for a period of years from the date of shipment. [http://www.e-CreditCardTerminals.com]Credit Card Terminals provides detailed information on Credit Card Terminals, Credit Card Terminal Systems, Wireless Credit Card Terminals, Credit Card Processing Terminals and more. Credit Card Terminals is affiliated with [http://www.i-CreditCardProcessing.com]Credit Card Processing Software.
Article Source: http://EzineArticles.com/?expert=Kent_Pinkerton http://EzineArticles.com/?Credit-Card-Processing-Accessories&id=353176
By [http://ezinearticles.com/?expert=Kent_Pinkerton]Kent Pinkerton
Credit card processing accessories include a magnetic stripe reader, a keypad to enter prices and other information, and a small display. The printer can be either built-in or a separate unit. Traditional credit card terminals have different types of displays. Larger displays allow you see more information at once. Displays are usually measured in lines and columns. An 8 x 20 display has 8 lines of text in 20 columns. Backlit display is a standard feature in most new terminals. It lets you to see the terminal even in low light.
Keypads vary in size and number of keys. Larger keypads are very easy to use. There are many types of printers including dot matrix receipt printers, thermal receipt printers, and inkjet receipt printers. Credit card processing terminals are available with integrated fast thermal printer with automatic feeding system. Some of them have four users programmable function soft keys which help better interaction and built-in fast printer.
Credit card processing terminals are compact machines. Accessories such as integrated smart card readers, plug-in battery charger, and power cords are essential components. For virtual credit card terminals, phone or fax, software, computer, and internet connections are necessary. A credit card processing terminal that has a PIN pad can accept debit cards. Card reader cleaners and surge protectors are other credit card processing accessories. Printer paper, ribbons and ink cartridges, mounts and stackers, manual imprinters and imprinter slips, power packs, and cables are also indispensable credit card processing accessories.
There are a number of manufacturers who provide credit card processing accessories. They supply customers various quality solutions to suit their growing needs. Most of them are warranted against defects in material and workmanship for a period of years from the date of shipment. [http://www.e-CreditCardTerminals.com]Credit Card Terminals provides detailed information on Credit Card Terminals, Credit Card Terminal Systems, Wireless Credit Card Terminals, Credit Card Processing Terminals and more. Credit Card Terminals is affiliated with [http://www.i-CreditCardProcessing.com]Credit Card Processing Software.
Article Source: http://EzineArticles.com/?expert=Kent_Pinkerton http://EzineArticles.com/?Credit-Card-Processing-Accessories&id=353176
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