The Price Paid For Being A Caregiver
When you become a caregiver, either full-time or part-time, can significantly effect your finances. Even if you think that the person requiring care has acceptable income, turning into a caregiver could demand that you minimize your work hours or stop working. If the person requiring care does not have proper income, you may have to help by paying for things or allowing that person to live with you. Medicare, Social Security and Supplemental Security Income (SSI) might supply some help, but certifying can be difficult and confusing. For example, having too much assets in a handicapped child’s name can restrict his or her eligibility for SSI.
Advanta Credit Card Scam
I sit at my desk completely frustrated with Advanta. I opened up a business credit card with them 3 years ago and made a purchase of $6500 to help build my business credit for Rapid Recovery Solution, my Collection Agency. I have paid more then the minimum every month, on time. November 2008 I noticed that my interest rate seemed a little high. No where on my statement did it say the actual interest rate so I called the company. After 10 min or so I get a live rep on the line and they tell me it is 36.1%. Are they kidding, this must be a mistake. I have over a 750 score and never missed a payment. They said they sent me a notice in Aug that they are doing this due to a change in there lending methods. It turns out this is the second time this year they did this. I went from 8.99% in Jan 08 to 18.99 in Feb 08 to 36.1% in Aug 08.
How To Collect Debt
The main point is, the more time that passes between the time the payment was owed and the time the consumer is contacted, the less likely you are to packet any sort of payment. If you’re serious about making a turnout, there are three ways to handle collection on past debt; in house efforts, hiring a collection agency, or taking legal action.