Paying Up

HI CONSUMERS!
EACH TIME I COME ON THE INTERNET THERE SEEMS TO BE A LITTLE ISSUE THAT STANDS OUT.

THIS TIME IT IS GETTING A FREE CREDIT REPORT. SOMETIMES YOU MAY GET A FREE CREDIT REPORT BUT UNDERSTAND YOU ARE SIGNING UP FOR A FREE TRIAL OF A MONITORING SERVICE. MANY TIMES YOU DON’T NEED TO GO TO THESE SERVICES. IF YOU GO TO A BANK AND APPLY FOR A LOAN YOU GET A FREE CREDIT REPORT.

DON’T OUTSMART (PLAY) YOURSELF. GET A FREE CREDIT REPORT AT  http://www.annualcreditreport.com . YOU ARE GIVEN THIS REPORT FROM THE GOVERNMENT (THE FACT ACT).  WHICH IS MORE SOME STATES GIVE CONSUMERS ONE OR TWO FREE CREDIT REPORTS YEARLY. THIS IS BOB BEE KEEPING AN EYE ON YOUR BENEFITS AND YOUR CONSUMER RIGHTS.

~The Debt Survivior~

Many people going to get hurt in many ways over the next few years. Credit will get tight, jobs will be lost, living situations are going to change.  Many of us have never gone through a recession or a depression before. What are you going to do? I wanted to discuss other consumer topics with you but events have been occuring so rapidly I’ve had a difficult time concentrating on one topic and sticking with that topic.

Sorry gang, there is not a quick fix. I know that everyone has gotten use to spending money freely, but prepare yourself before its too late.  Survive the debt trap or tomorrow could be a ways off.  I hope there is something good to talk about next time, Peace.

~Bob Bee~  

No down payment is just another way to get more money out of you. The real story behind no down payment is more money is financed. If you don’t have good credit, you are given a high interest rate. This rate is charged for a longer period of time or you pay a larger monthly amount.  At car dealers they require that you pay weekly or several times a month. In the end you pay two to three times what the property’s sale price.

The opportunity cost is too high and the transaction reflects a bad light on your credit for at lease seven years if you don’t pay the loan off. When you make a down payment you are financing a smaller amount. In fact if you can’t put a payment down, your budget maynot be able to handle the extra expense. If you can wait and do some looking around, you can find a better deal. How do you avoid this trap?

~The Debt Survivor~ 

If your credit is bad you are prehaps running from the debt collector. Have you thought about debt settlement companies?  Their promises sound tempting, yes.  They promise to lower your interest rate or even eliminate it altogether. Can they really do that? They only bank your money in an account until they think youraccount can be settled. They may encourage to set up a special account yourself.

These companies are For - Profit companies. There are many agencies out there trying to make money off of desperate consumers having debt problems. They make claims that they can make your credit go away like magic.  These claims are geared to make you buy an expensive product it is selling and you will often get further in debt.

The road to financial recovery takes time and paying your debts.  I can verify this. Sometimes problems come out of left field. Do you know what to do? Reduce your stress and let a debt survivor work with you. Let us know what’s on your mind. Find more important advice and financial facts at http://www.debtsurvivor.org.  

Our question:

What you plan do to save money on gas?  On food?  On Utilities? On rent?  Post your methods and let them work for us.

$The Debt Survivor$

For more Information   

Those are very assuring words - sucker. Allow me to share my story with you.  Once I worked for mortgage company several years ago, originating mortgage loans.  I thought this was a company truely interested in wanting to help others.  I found out that the underwriter actually made the final decision and I was the one playing my clientele.  I decided to change what I did after taking enough training classes on how to play on the innocent people that had made a mistake in life and was ignorant like me.

Now I work to help citizens become aware of some of the creative ways many dealers seek to put you in a worst position financially than you are.  Checking your credit with credit bureaus at lease a couple times a year.  I just want to open your eyes on one of the simpliest ways car dealers get over.  If your credit is questionable, stay away from we finance  dealers or brokers. Be alert when they offer you weekly payment plans; walk away because you can do better.  Mortgages have similar situation.  Do your research and don’t rely on others. The economy and families are victims of the sub-prime lenders. One of the most catchy phrase is “as low as”. Learn the key phrase and be sharp.

I recently read an article concerning some of the bank tricks used.  The article said that banks has a pre set interest rate or threshold for most clients. We can say now more than ever if it sound to good to be true don’t get punk’d. Get some help.  There are many places sponsored by your non-profit agencies that are free.  Check with your local colleges - continuing education department churches or community affairs.  We can help each other.  What you think?

Everyone seems concern with high gas prices. When are we going to take supressive actions?  Foreclosure is taking a 
huge toll. We all hope that the election of a new president will produce an economic change.  Sadly enough, the prices will not be rolled back anymore than the families will get the home that was loss back.

Its time to take control of our spending. Don’t waite until you lose your job until you lose your job until you take action.  A new president can only place controls on the rising prices for food, gas, and products.  Don’t the banks lenders and other companies have a lot of room to find ways to charge more for goods and services.  

What do you plan to do to help control the outrageous prices for goods and services?  We would like to know how you plan to slow down this economy.  

Bob Bee