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Debt Consolidation or Bankruptcy: Which Offers the Desired Relief?

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Men and women in need of debt relief should consider debt consolidation. Using this technique, the individual merges all debts into one financial product, possibly lowering their interest rate in the process. They may accomplish this goal using a variety of methods. Some people opt to take out a debt consolidation or personal loan to pay the debts in one lump sum payment.

With the balance transfer option, the person gets a low-interest rate credit card and moves all credit card accounts to this card. This lowers or stops interest during the card’s introductory period. Finally, a debt management program helps individuals who find they struggle to manage their finances. With this program, the debtor gets credit counseling along with rolling all debts into a single monthly payment, again often with a lower interest rate.

The Pros and Cons of Debt Consolidation

The advantages and disadvantages of debt consolidation vary by the method used to achieve this goal. Nevertheless, all methods help boost a person’s credit score when compared to other debt relief options, as a negative item doesn’t appear on the debtor’s credit report. Individuals considering bankruptcy should investigate debt consolidation first for this reason, and anyone considering other relief options should do the same.

One problem debtors often encounter involves missed payments. They owe money to several individuals or entities and can overlook one or more payments each month because of the sheer number they have to pay. Merging all debts into one financial product reduces the risk of this happening. Debtors benefit because late or missed payments lead to penalties, fees, and possibly a higher interest rate. When this happens, the amount owed increases, and this can lead to the debtor becoming discouraged and giving up. The single payment helps to eliminate this concern, which every debtor will appreciate.

However, a person won’t get out of debt rapidly using debt consolidation options. For people in need of immediate relief, other options must be considered. A person can learn more at Debt Consolidation USA about obtaining relief through the merging of debts.

Bankruptcy

Bankruptcy, in contrast, allows an individual to clear their debt rapidly. This method damages the credit score, however. In addition, debtors must report this on various documents in the coming years, such as on job applications, if asked. People may feel uncomfortable knowing they must do this and look for other options. However, don’t let this be the only thing holding you back from considering debt relief using this method. Two bankruptcy option are commonly used by individuals.

Chapter 7 bankruptcy offers a means for the debtor to clear their debt within four to six months. The bankruptcy trustee sells the debtor’s available assets that aren’t exempt from the process to help clear the debt. Any person looking for the quickest way to obtain debt relief often chooses this option, but it is only available to those who pass a means test. If a person does not pass this means test, they must consider other debt relief options. One option these men and women should look into is Chapter 13 bankruptcy.

Chapter 13 bankruptcy, in contrast, takes longer when it comes to clearing the debt. With this option, debtors create a repayment plan that allows them to pay back a portion of the funds owed. Debtors find they may spend up to five years making payments as part of this plan. When a person compares this to debt consolidation options, they often find there is no difference in terms of the time involved to clear the debt. One benefit of choosing Chapter 13 bankruptcy instead of Chapter 7 is Chapter 13 impacts the credit score less than Chapter 7.

Neither bankruptcy option eliminates certain types of debt. For instance, bankruptcy will not erase unpaid child support. Debtors need to understand which debts the court will discharge and which remain once the process is complete. This ensures there are no surprises when the process is complete. A person might not get the relief they are expecting and discover their future doesn’t look as bright as they envisioned.

The Pros and Cons of Bankruptcy

Bankruptcy negatively impacts the debtor’s credit score. Chapter 7 bankruptcy remains on the debtor’s report for ten years. Chapter 13 bankruptcy stays on the report for seven years. Debtors must take this into account when deciding which debt relief method to use. Furthermore, as mentioned above, the courts don’t certain debts in a bankruptcy proceeding, and the debtor might find they don’t get the level of relief they desired when starting this process.

Consumers must consider all debt relief options, as what works for one individual won’t be appropriate for another. For instance, an elderly individual living on a fixed income benefits greatly from bankruptcy. The process eliminates the debt, leaving more money for the debtor to use on other expenses each month. This can be of great importance to many people who find they struggle to keep food on the table and pay their necessary expenses, such as housing and electricity. They may not have the time to complete a debt consolidation plan.

For younger individuals, debt consolidation makes more sense. The person has the time needed to complete the repayment plan, and this impacts the credit score. As a result, they might find they have a better financial future and they’ll find it easier to obtain credit in the future. Some individuals find they get credit easily after filing bankruptcy because lenders know they cannot do so again for a certain period. This gives them the confidence to loan money to the individual.

A person needs to consider all options available to them. Each debtor’s financial situation is unique, so the solution to debt problems needs to be unique as well. Debt consolidation and bankruptcy serve as two options, but there are others. For instance, a person might find they want to take part in credit counseling to reduce their debt or look into debt settlement to pay less than what they owe on each debt. It’s all a matter of what works for a particular person.

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How JewelFlix is Changing Jewellery Business in India

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The internet has made shopping so easy for everyone that you can buy anything now at the click of a button. Until now, the Jewellery businesses have been very slow in catching up with the online shopping world. But now, it has been made so easy with just one idea which brought the Jewellery market online.

‘Tansh Jewels Private Limited.’, an already established jewellery firm came up with the idea of doing something which would change the entire industry, in both B2B and B2C. This included Customers, Jewellery Retailers, Wholesalers, and Manufacturers. The idea of “JewelFlix” quickly caught up with the Indian market among both Jewellers as well as consumers.

What Does JewelFlix Represent?

JewelFlix is an online jewellery marketplace where Jewellers from all around India would be able to showcase their products for the whole world to see. When Jewellers were made aware of this venture, they quickly associated with this idea. This was an opportunistic moment to extend their business visibility. From just a small city where they operated in a limited area to a broader reach across the nation. The sellers adopted this and experienced a boost in their sales as well as recognition of the brand on social media.

This exhibition of products was not the only feature of JewelFlix. But they also provided every associated jeweller with their own exclusive website and mobile application for Android and IOS. This allowed individual Jewellers to develop their own brand and customer loyalty.

For people, this online jewellery shopping store was a place to explore thousands of different and unique crafts of jewellers in India. Now people didn’t need to go from shop-to-shop to find that perfect piece of wedding necklace, ring, bracelet, or any jewellery item. They would just visit www.jewelflix.com and then choose among the hundreds of products listed. Each product has the specifications like weight, purity, metal, brand and various other details mentioned along with the photos of the exact product.

The Success at South Jewellery Show, Bengaluru

The event of South Jewellery Show held on 8th to 10th January 2021 in Bangalore was exclusively held for Jewellers all around India. This was a chance for already established jewellers as well as fresh-in-the-market jewellers to showcase their products among hundreds of other jewellers.

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South Jewellery Show, Bangalore

This event was a big occasion to network and develop new business relationships among Manufacturers, Wholesalers, as well as jewellery retailers. And it turned out to be a big success for JewelFlix as well since they were able to explain their services, features and benefits directly to the jewellers.

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South Jewellery Show, Bangalore

With the aim to digitalise the jewellery industry and collaborate more than 5 lakh jewellers by contributing to creating a Digitalised nation. The Main agenda of JewelFlix is to render the best digital services to their customers by boosting their business online and making their dream come true.

What are the Main Reasons Jewellers Choose JewelFlix?

JewelFlix provides a global business platform to connect with top industry brands of retailers, wholesalers, and manufacturers. The continuous marketing for the associated brands on the website as well as on social media. This widens the range of business visibility and provides with more genuine leads. And one of the most liked and important features is the ability for each individual jeweller to market their own brand using the exclusive app and website.

These are the core benefits provided by JewelFlix and it is believed that more features and benefits are along the way on their platform for the Jewellers in India.

In conclusion, it can be said that JewelFlix is revolutionizing the online jewellery industry for businesses as well as consumers around India.

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Worry-Free Moving: A Downsizing Checklist for Seniors

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According to a survey conducted by TD Ameritrade, 42 percent of respondents said they plan to downsize in retirement.

It makes perfect sense. The kids have moved out of the house, and you no longer need the extra space. All those household tasks – cleaning, maintenance and repairs – that made sense when the house was fully occupied, don’t really make sense any longer. And the added money you spend on a large home could be better used by enjoying your retirement.

The process isn’t always easy, though. Letting go of the family home, and the lifetime of memories therein, can be emotional and laborious – especially if you go it alone. If you are considering downsizing your home (either for yourself or an elderly loved one), you can make the process easier with this checklist.

Talk with Loved Ones

Whether you’re the one downsizing or you are sparking a conversation with ageing loved ones, it’s wise to talk things out. To start, determine the reasons for downsizing: is it a financial decision, for health reasons, or are they looking to make a positive life change? Perhaps it’s all those reasons.

Getting to the root of why downsizing makes sense can help the process along. Next, talk about possible reservations you (or they) might have. Are you nervous about decluttering? Is there trepidation about the move itself? The more you define your reservations, the better you can address them.

Outline Criteria for Your New Home

Besides a smaller size, what are you looking for in a new home? Do you want to be closer to family? Are you craving a community of like-minded seniors? Do you require greater accessibility and fewer house responsibilities? Answering these questions will help guide you toward your perfect home.

Declutter

To set your downsizing adventure in motion, you will need to edit your belongings. For best results, call in the experts for this step. A professional downsizing company can help you declutter and organize your belongings. Working closely, compassionately and patiently with you, they will sort your belongings and spearhead the sale or donation of unwanted items.

Take Pictures

Take pictures of your old home, and if it helps, take photos of belongings you are giving away too. These reminders of the past can help ease the transition. They are an acknowledgement of the significance that your home had in your life, and you can even hang them in your new home as you get used to it.

Leave Move Day to Professionals

When moving day rolls around, you want to focus on bidding farewell to your old home and saying hello to the exciting new chapter of your life ahead. You don’t want to be bogged down with moving logistics and tasks. Look for a professional downsizing company that, in addition to offering decluttering services, offers end-to-end move management, taking care of truck rentals, elevator reservations, packing and unpacking. Leaving move day to the professionals takes a lot of the stress out of the process.

With a few candid conversations with loved ones, some proactive planning and the help of professional downsizing services, your move will be largely stress-free and positive. Now, all that’s left to do is enjoy your new home – and the money you saved along with it!

 

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The Best Secure Payment Methods For You Online Business

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When you have a store online, the most fundamental thing to take into consideration is offering a secure way for your customers to pay. Secure not just for you, but mostly for them. Trust is essential when somebody is going to make a payment through your site. 

Picking the right ones is generally a balancing act, however. You want to provide enough options for your customer to have a choice and not click away for lack of a suitable option. At the same time, you need to make sure that the fees for accepting these payment providers won’t be so high that it cuts into your margins.

In this article, I will go over some of your best options when it comes to accepting payments online for your ecommerce store.

1 – Cryptocurrency

One of the best benefits to having your store online is that you have the entire world as your marketplace. Your customers can be anywhere in the world. The problem, usually, is handling foreign currency and payments. It usually is not worth the effort and expense to have options for those abroad.

With bitcoin, you never have to worry about that. With a digital wallet, you can accept cryptocurrency from anybody without needing to pay a middleman to convert the payment. You accept the coins into your wallet and that is the end of the story. Fees are also very low compared to other payment providers who take their cut as middlemen.

Then, there is the benefit that you could also make more money from the transaction if the coins gain in value while you have them in your wallet. If you are risk averse then you can convert bitcoin to cash right away, but if you want to take a chance you can see if you gain any value from your cryptocoins. 

2 – Paypal

Paypal has been around for a number of years and as such is widely trusted and makes a great option for people to pay. People without credit cards love to use it since it offers a lot of protections for consumers in case of a disputed transaction that many debit card holders don’t have due to their bank not offering them.

And this also works in favor of the seller if there is a transaction that doesn’t seem legitimate. 

Like with bitcoin, Paypal is international and can be used in many different countries to process payments if you have an international presence.  

The biggest problem with Paypal is the high fees, however. 

3 – Google checkout

The world’s largest internet company is of course going to make a splash in the ecommerce world. Google Checkout is the answer to Paypal and is very convenient.

Since just about everybody has a Google account, it is very easy to set up a wallet and make payments seamlessly. The fees are generally lower than Paypal and go down with volume as you use it to do more of your shopping

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The AKR Flatbed Service In Manchester and Its Insight

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Bolton-based AKR Light Highway is one of Manchester’s leading road transport firms. We are strategically in a position for successful implementation in the United Kingdom. We first thrived in the northwest because of our popularity. Therefore in Bolton, Manchester, companies northwest, Wigan, Leigh, Bury, Blackburn, Warrington, and Oldham, we establish close connections with our clients. You can quote today for a shipment.

We have several car models that can satisfy various distribution requirements. We offer an unmatched service. With our flood of cars with all sorts of other special equipment, we will quickly and efficiently deliver your messages.

Manchester Services is the UK’s leading road transport company.

For several years, the road haulage industry has been concerned with AKR Light haulage companies. Our Hauler service was in construction when we saw a niche on the market for a little but competent business. After a careful investigation in this area, AKR Flatbed Haulage has found that one specific item, a personal touch, was missing in larger organizations. This gave us the first idea, and we evolved from it without knowing being in a losing position. We’re glad to report that we’re a leading UK road transport and flatbed rental business!

Manchester Motorway Services

We are nationally-known as one of the best carriers in the UK. To deliver your products in time to a range of vehicles, we provide quick logistic solutions. We sell transportation and distribution in North-West England to all parts of Great Britain. Therefore, we are one of the leading transportation companies in Northwest and Great Britain.

Fleet and Storage Networks, Freight Transporters, AKR Courier, Flatbed.

We are a significant road haulage business in North West. What is a prerequisite in this case;

We provide on-board courier services for customs and time-sensitive shipments.

Move, and customs clearance electric and more can be delivered with parcels, pallets, available products, and Local and international urgent collections and deliveries. Living on the same/next day/guy the same day /Networks UK, Ireland, and Europe Supply proof (POD) is available for all deliveries. We have fully insured cars with goods subject to transit safety. Our transport systems include small, short wheelbase, long roll base, and extra-long wheelbases—our methods of transport methods include. There are a variety of airlines. However, we are genuinely separated from the crowd by our second-not customer service and our satisfaction.

Choose the best UK transportation business.

In the delivery of your goods through AKR transport, a range of vehicles is available. Suppose you need quick, reliable delivery or something fragile in the UK. In our transporter fleet, we have a lot of vans, like 3.5-story beds and 7.5-story beds. Transportation in the UK to your delicate/useful Flat Bed 7.5 Flat Bed forklift cars like 7.5 are perfect because you know that the starting point is remote. One of the key benefits is the forklift truck packaging. The vehicle or curtain is only folded downside, and the car is packed.

Difference between the transport and messaging networks

Differences between transport and courier services are one of the fastest-growing areas in the UK economy. In recent years, this expansion has been rapid. A rise caused this increase. We are a leading company for light and removals in the UK, Europe, and beyond. In the United Kingdom, and Europe and the United Kingdom and from Europe to the UK, we have expert service. In Britain and Europe, we sell domestic and commercial transport while looking for a European removal service at an affordable price. If you wish to have the best Light haulage quote Company in Europe and the UK, contact Williams Light Haulage Ltd today to receive a fast, reliable and affordable offer for your move or delivery.

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HOW TO INVEST AND WHAT PLAN YOU NEED

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What makes individuals rich? Observing the defrayment pattern of various financial gain teams within the makes it clear: Savings. The distinction between the wealthy and the poor is that the wealthy pay a more significant share of their financial gain on savings (pensions and insurance) and education.

When building wealth, conserving wealth, and spending it to subsequent generations, the formula for money success is stunning, but two hundred of citizens have a written set up once it involves investment and even retirement. The contradiction in human behavior is that we tend to area unit rational and capable of coming up with a severe event in our lives. However, this can be sometimes forgotten once it involves investment. You’ll notice that solely a 3rd of investors has a written set up guiding their investment strategy and retirement plans.

WHY IS PLAN NEEDED?

The investment world may be a harsh jungle, a world of murky waters wherever the best and therefore the most organized survive and become eminent whereas the remainder square measure gobbled up. A written set up short circuits our traditional response to one thing as emotional as cash. It prevents the North American nation from resorting to our gut feelings and emotions. Rather than following the herd mentality that will prompt you to form unwise investment selections, a thought can force you to stay to a rational strategy underpinned by basic investment principles.  You will overcome the fear of failure, tendency to approach a specific target.

PROPER ORGANIZATION TO INVEST:

The second most important thing you need is finding a proper organization on which you should invest. Life insurance and other investment insurance companies are more reliable than others. Other companies will take your money, and after some years they will forget you. Invest only in that organization on which you have much more trust than another. And follow the proper strategies and the policies to avail the insurance. Regarding these things, Amtrust.io is the best investment insurance company that you can trust easily.

TAKE A LOOK ON INVESTMENT STRATEGY:

If you are saving for long goals, you may select a lot of aggressive, higher-risk investments. If your goals area unit short term, you may choose lower-risk, conservative investments. Otherwise, you may wish to require much-balanced approach. Many companies have different strategies you should follow up on the best methods as Amtrust.io will provide you with a bonus commission for your business, 10% to 20% competitive commission and allow you to own your business and produce many dollars.

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