Will a Credit Card Company Sue You For Nonpayment?

By Marcilio David

Credit Balance Transfer - Will a credit card company sue you for non payment? Stop paying your credit cards and you'll find out the answer is yes. In fact, the question should be not "will a credit card company sue you for nonpayment?" but when will they start legal proceedings?

If you owe a lot of money to a credit card company, you will be sued for it if you don´t make other arrangements to pay it. Even if you owe a relatively small amount like several hundred dollars or a thousand, they will most likely sue you for it.

The good news is that they don't sue immediately. Will a credit card company sue you for nonpayment if you miss a few payments? Probably not. They'll first try to get payment from you through their own company.

They have people employed who will contact you and try to get you to pay. They will try to help you make arrangements. Most credit card companies have programs in place to help people when they start getting behind.

They have programs that you can go on for maybe six months where they'll waive late fees or over the limit charges as long as you make a set payment on time each month. Some programs are shorter, some are longer. But they do try to help you find a way to get back on track.

Be careful with these arrangements because you can end up in deeper debt that before, even though you're paying a little less for a short period. And if you're late while on the program, it's really doing you no good at all.

If you try a program and it doesn't work, will a credit card company sue you for non payment? No, first they'll outsource the debt to a collection agency. The agency will contact you first in writing asking that you verify the debt. If you do so, or you just ignore the letter, they'll start contacting you for payment.

They may offer you a discounted rate so that you can more easily pay it off. It will still be a mark on your credit report, but it's already been damaged with the debt. Take advantage of any of these offers because they're the easiest way to get out of debt.

Some of the best offers you'll receive are in the first few months of the year because they know that many people will be receiving income tax refunds. You might get offers that will allow you to pay as little as 40% of a debt to resolve it if you pay that amount at once. Do everything you can to take advantage of these offers.

If you don't and the credit card company does sue you, there won't be any offers like that. You'll have to pay the full amount plus court costs and legal fees. And interest will be added as well.

To have a credit card company sue you for non payment means that you'll have to answer to a judge next time you start missing payments, so avoid this if you can.

Marcilio David is a Cardiologist and Internet Entrepreneur. Learn more tips and tricks about Debt Management, and get a FREE Debt-busting Tips Ebook at The Debt Freedom Guide

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how to Money - Learning is Earning Through Multiple Streams of Income

By DJ Britton

Is it a coincidence that many of the world's most successful people invest thousands of dollars, plus countless hours, on personal development and education? Did the achievement precede the investment or did the investment precede the success? For most adults in America reading ceased the day they graduated from high school or college, but it's fascinating to note that only homes worth on average in excess of $500,000 have a library.

America's foremost business philosopher, Jim Rohn advises that we should spend more time on developing ourselves than we do on developing our business or career. The traditional pattern of achieving success, i.e. Studying hard in school, specialising and following a career has been espoused and followed, largely with no question for the past few generations. As children we may have dreamed of being astronauts, sports stars, singers and so on, yet we are persuaded to write off these dreams and talents as foolish childish fantasies and encouraged down the well trodden paths of conforming and security. But where do these paths in reality lead? The promised land of milk and honey? Not neccessarily, certainly not in the majority of cases and its definitely not guaranteed in these most uncertain of times.

We are encouraged by parents, teachers and other well meaning influences to stay in school and get the best education we can. This arrangement serves to filter us into colleges, universities and with any luck well paid careers. We then earn, splurge, earn a bit more and spend a bit more. After all, don't we deserve a few of life's luxuries? All that study, the long hours, hard work and delayed gratification? So that new notebook computer or widescreen TV is more a reward than an indulgence, more a requirement than a luxury. So too cars, we want the best we can afford, it's more cost effective is it not to finance a new model rather than chance the associated repair costs or an older one. So it begins the earn-spend-borrow-repay lifestyle cycle which has trapped so many of us in the western world.

Robert Allen, best-selling author, likens it to trying to walk up the down escalator. You have to keep moving just to stand still and if you should ever stop, the moving staircase will take you right back to where you started, i.e. the bottom, or even worse, the basement.

A bleak picture perhaps, but maybe we all need a little reality check now and again. But what is the answer, the keys to success? How can we get ahead, switch off the escalator or ultimately turn it in our direction?

In the short term the answer is to spend less than you earn and save the difference - not very exciting but this alone will ensure that every two steps forward will result in only one step down. By prudently saving and investing even relatively small amounts on a regular basis, many people have achieved financial freedom and reached the top of their personal success escalators. Even Einstein considered compound interest as one of the great wonders of the world.

The Power of 72

There is a formula to calculate the time it would take to double your money if invested:- divide the current rate of interest into 72. For example if the rate you were receiving was 4% it would take compound interest 72/4 or 18 years to double your money. Consider however a much higher rate of interest such as 24%. At this level it would only take 3 years. Where can I see a rate like this you may be asking, well not on your savings but how about on your credit cards? Compound interest works both ways and at these levels you will double your debt in just 3 years (allowing for minimum repayments etc).

Spend less and save more may be the key to success - but it's hardly going to get your pulse racing and have you tearing down to the bank to open a savings account, especially with interest rates hovering around zero. But it's a start, an intention, the commencement of a good habit, the first steps on your road to victory. To really turn the tide in your favour you need to think about generating extra or multiple streams of income. Think about it, how would you like to generate a steady, regular stream of money coming into your account every week? Not from an extra job or additional hours but by simple proven systems that with a little initial effort will add up to a major impact on your life for now and the future. After all without the wasted energy and time of negotiating the downward moving staircase you are free to focus on the other goals and areas of your life.

So how then do we reach this desired state, this nirvana? To quote JD Rockefeller "I have ways of making money that you know nothing of". Earlier I mentioned bestselling author, Robert Allen - his outstanding book 'Multiple Streams of Income' explains 12 simple, proven methods to begin to turn the tide and the escalator in your favour. Without doubt it is one of the most impactful books I have come across in the past decade and cannot recommend it highly enough.

In the book he explains the most frequent ways of generating supplementary earnings as coming from four money mountains; starting your own business, real estate, the stock market and the internet. Particularly positive is that you can begin to learn while you earn in your current job and develop the multiple streams over time.

One great place to start the journey to financial freedom is to cultivate a success mindset. Read and listen to inspirational materials that will not only educate but begin to imprint the endless possibilities upon your subconscious mind. There is certainly more material on the subject of success today than at any time in our history. So don't delay, when will now be a good time to get started? And always remember that it's your attitude that dictates your altitude!

Daniel Britton is an author, inspirational speaker and financial coach.
Follow the link for further details of how to obtain FREE Robert Allen books and downloads click here

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how to Money - Best Way to Build Your Wealth Fast

By Alex Cadens

I am sure that your quest toward wealth has taken you through many traditional and not so traditional options. Some people settle for a bank CD, while others turn to hedge funds seeking for higher returns, but in the end, none of these options will enable you to really build your wealth fast.

On the other hand, some people turn to HYIP which of course turn to be scams 99.99% of the time (and I would dare say 100% of them are con artists at play). So yes, they might offer a higher yield, but one that you will never see.

So what is the best way to build your wealth fast while keeping the element of high risk out of the equation?

Simple, you must put an end to the quest for someone to make your money grow, and get it to grow yourself. Indeed, if you give your money to a third party to manage it for you, you are still running a risk (because investing your money always involves some level of it) and the only thing that is certain is that the money manager will make money and you will not (at least not enough to build your wealth fast).

The traditional way of investing is simply not a suitable way to multiply your investment fast, therefore, what you must do is break the mold and become the manager of your money in a way that puts you on the right track to a consistent and significant increase of your equity

By doing this, every dime you make by managing your investment will go to your pocket and not to some money manager that is supposed to deliver the best performance.

However, this is certainly not an invitation for you to take all of your savings and start gambling it in the stock or the forex market, while you cross your fingers in the hope you will hit it big. No, this is about starting a process of diversification through the use of educational resources and investing tools, because unless you are a very seasoned trader, you will definitely need them in order to perform like a pro (which is exactly what you need, no more, no less) and see your money grow consistently everyday.

This is something I have learned first hand, so I know for a fact that the best way to build your wealth fast is to become an investor yourself, you do not need to be an expert, nor you need to risk all of your savings, all you have to do is diversify a little by setting aside a small portion that will be managed by you with the help of reliable trading tools and resources.

Therefore, start building your wealth consistently and make sure you are using the top performing trading tools by reading this comparative review of the best ones available at: http://www.specialonlinebusinessreviewauthority.com.

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Make Money Web Site - Review of the SpiderWeb Marketing System

By Austin Akalanze

VENOM! The spider web marketing! That sounds like something a snake would have. Kind of creepy. What is it? A bunch of spiders doing their own marketing on the web? No, not at all. The SpiderWeb Marketing System is a system of marketing that uses the VENOM process, integrating a sleuth of 22 passive residual income streams, into one seamless, unified platform, for ease of use and maximum return.

VENOM Process

What is the VENOM process? It is a method that uses a Vicarious Extraction method of Neglected profits, Omnipresent in the Marketing process and deals to create multiple streams of passive residual income. The VENOM process is the frame work for the SpiderWeb Marketing System. It is the brainchild of social entrepreneur Kimball Roundy.

What is the SpiderWeb Marketing System? It is a system of 22 and growing passive residual income streams. The system allows anyone with an internet connection to plug in to any of the 22 plus streams of residual income and begin to harness its power and potential. What makes the Spider Web System different from many other plug and play systems on the web is that, for one thing the Spider Web System focuses on neglected streams of income. This keeps the competition low and the returns high. The Spider Web System profit streams are innovative and cutting edge. One such profit stream is the Self Bank Mobile.

The SelfBank Mobile is positioned to drive the coming m-commerce revolution and by integrating it into the SpiderWeb Marketing System, Kimball Roundy has positioned it and its operators to be at the vanguard of this emerging m-commerce revolution.

Also, the SpiderWeb Marketing System is user friendly. Unlike some other system where you have to download, install and upload files, there is absolutely nothing to download with the SpiderWeb System.

Here are some of the things I really like about the SpiderWeb Marketing System:

• I like the ease of use of the system. This is made even easier by the massive video support that comes with the SpiderWeb Marketing System.
• Some of its component streams are cutting edge and have the potential for massive reach and return by reason of their potential effect on the business world in particular and society at large.
• I also like the fact that I you do not have to have a website to harness the power of the SpiderWeb Marketing System. There are no files to download and complicated scripts to configure, upload and update.
• The Spiderweb Marketing System is completely free. You do not have to spend a single red cent to take advantage of this make money web site.

Here is what I do not like about the Spiderweb System:

• The Initial sign up process to the different passive residual income streams can take quite some time. Though the sign-up is easy, for the component parts, it takes some time to complete them all. Let me qualify that by saying that the Spiderweb System does not require that you sign on to all the different streams, but the reward for doing so is great and a good reason to. So it comes down to work verses reward. What is your take on this?

To learn more about spider web marketing system, visit SpiderWeb Marketing System brought to you by Austin Akalanze. Austin Akalanze is a seasoned Internet Marketer and a prolific review and articles writer. His reviews have been published on several directories all across the net.

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How To Money - Can You Make Money With AdSense on Hubpages?

By Lis Sowerbutts

Yes you can. First though I should probably explain that hubpages.com is a free website where you an register and publish articles, called hubs. You can make money with AdSense, and some other affiliates, but this article is about making money with AdSense on HubPages. AdSense are the small "classified" ads you see all over the web - as a publisher you get paid every time someone clicks on those ads.

HubPages allows you to publish absolutely everything - but if you want to make money you will need to be a little bit clever, assuming you don't want to be excited about making $10 after six months that! There are three key elements to making money on HubPages: keyword selection, back links and content. Yes that's the order of importance too, so lets start with the most important first

Choosing The Right Keywords

If you chose the wrong keywords, or worse, none at all, you will, almost by definition fail. I have a hub that is popular and gets a good amount of search traffic. But the keyword is only worth 5c a click - on a good day! Lesson learned. You need to find a keyword which pays reasonably, I prefer a cost per click of at least $8 a click - remembering that I will only see maybe $2 of that. I also don't want to much competition - I check who is at the top of the search engine rankings - and if its too hard I move on. You also share revenue on HubPages - you will 60% of the page impressions so take that into account too.

Back Links Are The Key

Once you have written your hub you will probably delighted to find it indexed in Google within a day or two. But that's not good enough - you still need to build anchored back links to your hub. Link from your blogs, from other hubs, from EzineArticles! Where ever you can find a do-follow place to drop your anchored link - do it!

Writing A Hub

You need to be writing original content for HubPages, duplicate content is just a waste of time as it rarely gets indexed. You need to have enough content - but not too much - I aim for between 600 and 1000 words. You need to be useful to your reader. You should include some pictures and maybe a video to make the hub interesting too.

I've been writing on Hubpages for more than two years. These days I am earning over $300/month from Adsense alone. Click on this link if want to learn more about how you could be making money on Hubpages. Specifically for AdSense I have come up with what I find to be the best arrangement of hubpage capsules to optimise your AdSense placement on HubPages

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Best Ways to Make Money Online - Finding Realistic Paths to a Steady Income

By Alex Cadens

The goal of this article is to provide you with important information about the best plausible ways to money on the internet. You might wonder, why am I say "ways to money"instead of "ways to make money."

Well, this apparent misuse of the English language is not such, it is a pretty intentional usage of words, because indeed, when I use the phrase "ways to money" I am not referring to money as something you might earn or receive, no, I am referring to money as a destination. Money is something that flows endlessly around the globe, and all there is to getting you hands into that flow is finding the right place and the right ways to do so. If you picture money as a huge water channel flowing in one direction, you can easily guess what would happen if you stick you hands into that flow: they will be completely soaked in money.

Therefore, if you find a realistic way to do this, you will be able to stop thinking about how you can make money, because you will be already there with your hands soaked by the flow, you will have found your way to money. There is a phrase a friend of mine once told me joking around where he said: "Do not give me anything, just put me where the money is".

This idea is the center of this whole proposition, because it is a fact that you will get farther by being where the money is, rather than waiting for a piece of good fortune coming from someone willing to spill it over you. You must simply quit pursuing ways to make money and instead, start moving toward money as your actual destination.

Upon reaching this ultimate destination all you will have to do is soak your hands in the water for as long as you wish. The idea of this article is to provide you with the most effective ammunition to make a killing in any business: reliable information with the ability to help you plan your trip toward the different ways to money land. This is not about giving you anything, this is about putting you where the money is.

To do that, I advise you to visit this site where you will certainly find what I consider one of the most effective and easiest ways to money online. Good luck!

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