Secured credit cards are some of the most misunderstood financial tools of our time. While many people think secured credit cards are “less” of a credit card than unsecured credit cards are, this couldn’t be further from the truth. If you want to know the cold, hard facts about the world of secured credit cards, we have some information you need to read.
1. It’s NOT a Stigma
If you think you’ll be stigmatized each time you pull out your secured credit card from your wallet, you’re being just a bit paranoid. When you use secured credit cards, the only people who know that the card is secured is you and the bank. The people who swipe your card won’t even realize that you’re using a secured cvv shop.
2. You DON’T Need Thousands of Dollars
While it’s true that some people open up secured credit card accounts with a deposit of more than one-thousand dollars, the fact is that you can get a secured credit card with a deposit of just a few hundred dollars to start. If you eventually want your credit limit to increase and you aren’t yet ready for an unsecured line of credit, you can usually add money to your deposit amount in future installments.
3. It DOES Count On Your Credit Report
Some people mistakenly believe that the companies that offer secured credit cards don’t report account activity to the credit bureaus. This definitely is not the case. Your secured credit cards will appear on your credit report, as will your payment history.
People who think secured credit cards aren’t reported are usually confusing secured credit cards with prepaid credit cards. Prepaid credit cards are not reported to the bureaus. With a prepaid credit card, you put money on the card and when you use it, you use it. There is no revolving line of credit. This is very different than how secured credit cards work.
With secured credit cards, you put money into a savings account that acts as a guarantee for the revolving line of credit you are being issued. Each month you are billed for the purchases you made to the card and you must make minimum monthly payments, just as with an unsecured credit card account.
4. Interest Rates Are NOT Better
Some people think that secured credit cards offer much lower interest rates because the account is guaranteed by a bank account. This isn’t necessarily true. With secured credit cards, the interest rates are usually in the same ballpark as they are with unsecured credit cards (10 to 20 percent, depending on the card).
5. Some ARE Bad News
While it’d be nice to think that all secured credit cards are intended for the good of those who need them, that just isn’t the case. When applying for a secured credit card, make sure you only deal with reputable companies.
If a company charges extremely high interest rates (more than 18 or 19 percent) or an application or processing fee, then take your business elsewhere. You should never pay more than you have to and there are many secured credit cards that won’t abuse you with these unreasonable terms.
6. Rewards ARE Available
If you’re one of the many who believe that secured credit cards never have rewards programs or perks, you’ll be happy to find out that isn’t the case. There are some secured credit cards that do indeed offer rewards programs, although you may need to pay a minimal annual fee to enroll.
7. The Deposit IS Refundable
You get one or two secured credit cards and use them for about a year. Your credit is looking much better and you’re now eligible for an unsecured credit card with much better terms. You want to close your secured credit cards, but what happens to your security deposits?
When you send in a deposit for secured credit card, it goes into a savings account and the money still belongs to you. When you close that credit card, the money is sent back to you with the interest the savings account has earned once the balance of the card is paid in full.
Now that you know the facts about secured credit cards, go ahead and find the card that’s right for you. Remember, secured credit cards may not be your dream card, but they are definitely a means to that end.
A secured credit card is in effect the opportunity to regain a sound financial position.
Due to the easy accessibility of credit reports through well-established credit bureaus today, credit issuers rely increasingly on these reports to make their final decision on providing you credit. A credit card is often denied to you when you do not have a credit history. This is often in the case of the young adults who have never taken out a loan or have so far used a credit card through a parent. It can also occur in the case of divorced people who have never had a credit card in their name.
Secured credit cards [http://www.creditrunner.com/secured-credit-card-offers] thus provide the best means for anyone to establish a credit history. The secured credit card by virtue of being secured by your own money allows the issuer to feel safe, ensuring their money back in case you default. Since the issuer is also holding your money, they persuade you to make your payments regularly instead of losing your security deposit on the secured credit card.
Secured Credit Card – A credit card with a security deposit
Very often when you rent an apartment, the landlord will ask you to deposit an amount equivalent to a month’s rent into a special account. This amount acts as security and is not used till you move out. When you move, this money along with interest is returned to you. You will not owe the landlord any money if you leave the apartment without any damages. The same rule applies to the secured credit card. In a secured credit card you have to deposit an amount as security equivalent to 50-150% of your credit limit in a special account with the credit card issuer. The credit card issuing company will provide you with a secured credit card which is used like a regular credit card. The only difference being that only you and your credit card issuer know that the secured credit card has attached to it a security deposit.
Provided you use your secured credit card wisely, the security deposit will not be used. This means that the secured credit card will be used to make reasonably priced purchases and the monthly bills will be paid regularly and fully as far as possible. To increase the credit available to you on your secured credit card, you can either increase your security deposit or get as many secured credit cards as possible. The credit card issuer will soon increase your credit limit from 50% of your deposit to anywhere between 75% and 100%.
The interest rates on secured credit cards are usually quite high. In the even that you have been rejected for credit by some companies you will be thought of as a significant credit risk. The issuing companies are taking a huge risk in lending you money through secured credit cards, and these interest rates are based on these risks.
A Forex Trading Strategy For Beginners That Works
Which is the Best Forex Trading Platform For Beginners? If you are a beginner in forex trading, one of your main questions will be “What’s the Best Forex Trading Platform For Beginners?” The truth of the matter is there are several good platforms available, but which one is the best? To answer this question we need to take a look at how the different trading platforms work and which of them have the greatest advantage over the others.
If you want to get started in trading the currency markets you have two primary choices: either trading with a proprietary exchange platform or trading with a standard non-proprietary system. The major difference between the two is in the way that you get started. With a proprietary trading system you will have to sign up with a broker, pay a deposit, and you will receive a unique trading code which will allow you to trade Best Forex Trading Platform For Beginners. Once you have made a successful trade, you will send the trade details to your broker who will then make the trade on your behalf. With non-proprietary systems, all you need to do is download the software, register, and start trading.
One of the big advantages of trading with an exchange-trading platform is that it usually allows for more flexibility in terms of strategies. Most experienced forex traders recommend beginners to start off using the trading platform of an exchange such as Mt. Gox because it provides a great foundation for traders to build their understanding of the forex markets. Another advantage is that it provides the opportunity to interact with and learn from some of the most accomplished and successful traders on the planet. This interaction can often provide the spark of insight that a new trader needs to take their experience to the next level and be able to successfully make money trading currencies.
Of course, while a trading platform may provide the spark of insight that many of traders need, it doesn’t necessarily provide the final learning curve that is necessary in order to become a profitable trader on the currency exchange market. In order to become truly profitable, you need to learn a trading strategy and apply it consistently in order to gain a substantial amount of money. When you are just starting out, this is not always possible due to the time constraints of working full time in order to make a living. Fortunately, there are some great currency training courses online which will help you learn some of the most important skills required for trading on the forex exchange market.
One of the most important things that every trader needs to know how to do is to read price charts. These price charts will provide you with an opportunity to accurately see the behavior of a particular currency over a period of time. By closely analyzing price charts you can see which currencies are moving in a favorable direction, and which ones are showing a downtrend. This information allows you to develop a trading strategy that works well for your specific goals.
Price action alone isn’t enough however. In order to fully take advantage of price movement, you must also develop a method for properly tracking all of the activity that is taking place on the forex market. This requires an extensive amount of work but in the end can give beginners a huge advantage over the more experienced traders that are already using automated trading systems. One important thing for beginners to keep in mind is that they should only trade with a small amount of money. As you begin to build up your trading account, you can start adding small amounts of money into your trades. This will allow you to learn how to better judge when a trade is profitable and when to simply quit.
Another important thing for fx traders to pay attention to is setting up their systems so that they receive regular automatic updates on current quotes and news. This can often be done by installing software on your computer that automatically emails quotes and news to your email address. This can vastly increase your efficiency as you will always be able to stay up to date on what is happening on the financial market. In addition to receiving these news alerts through email, you should also set up your computer so that it is always open. This will allow you to receive alerts on any changes that may occur in the markets.
One of the best features that a good forex trading platform for beginners should feature is a demo feature. By allowing beginners to use this feature for a limited period of time, you will be able to see for yourself how effective the system is. This will let you refine your strategy before making the final decision to use it for a long term account. The best platforms will not limit the number of trades that you can conduct in a day. They will allow you to set your limits so that you only risk money that you can afford to lose.
Forex Indicators – 3 Methods to Identify Next Technologies in the Forex Trading Market
Forex Indicators is one way of looking at market data to help you make a profit. These are generally used to help you decide when to buy or sell your currency. Indicators look to see if there is a trend for a currency. By looking at past data, including current market price, amount and volume, indicators try to predict which trends are more likely to be repeated and where. This helps traders and investors to make the best decisions for themselves and their investments. Forex Indicators is just one type of tool that you can use.
The RSI indicator is used extensively in forex trading and is one of the most heavily relied on tools in this industry. It is commonly used by novice traders, and even some professional ones, to help them decide whether it is time to buy or sell Forex Indicators. The reason for the high use of this indicator is simple – it works! For anyone who has tried to use a traditional style of analysis without using more indicators, they will have experienced the frustration that is often associated with trying to decipher whether a currency’s price is rising or falling. With this particular indicator, many traders and investors have found it to be extremely helpful.
Another forex indicator that has seen popularity recently is the MACD. Many traders rely on this tool when looking to determine which trades are most likely to earn them money. If you don’t know what the MACD is, it stands for Moving Average Convergence Divergence, and this is basically an average line used to indicate market behaviour over a certain period of time.
Many traders will look to apply for indicators within the Forex markets to help them better understand and forecast future price movements. One example of these tools is the candlestick chart, or more simply, the bar chart. The reason why this type of chart is so popular is simple – it allows you to easily spot price movements. This is because you can easily see the patterns in movement, and this provides a clear overview of whether a particular trend is likely to continue.
However, this kind of analysis requires you to have a good grasp of technical analysis. Without a basic knowledge of technical analysis, it is very difficult to tell if a new trend is going to be successful or not. So how does technical analysis to help us predict trends? Forex Indicators tells you exactly where to look to find support and resistance levels, as well as how to interpret the patterns these levels represent. These core indicators break down the way in which traders look at the market, and this is why they provide essential insight into market behaviour.
So how do forex indicators work in practice? Well, like all indicators, they look at price behaviour and determine if a price pattern is valid. If we know how to interpret these patterns, we can use them to our advantage and start making some serious money trading forex. Once we understand the principles of technical analysis, it’s easy to predict future price movements and this makes trading much easier.
There are many different kinds of core indicators that traders can choose from, but here we’ll discuss 3 of the most important ones. These are relative strength indexes, moving average crossovers, and oscillators. Relative strength index (RSI), moving average crossovers, and oscillators can all be used to identify new trends. Let’s take a closer look at each of these indicators:
Relative Strength Index (RSI) is the most widely used for indicators out there, as it measures the market depth and changes over time. It basically tells you the trend of the price of a security. Moving averages, on the other hand, are used to analyze trading behaviour and determine the price direction over time. oscillators are simply sequences of high and low prices, which can reveal market psychology. Now that you have some forex indicators in your toolbox, it’s time to put them to good use and discover what they can do for you.
3D Rendering For Real Estate
They were around for some time, but progress is growing. Learn how to integrate them into your marketing can increase the efficacy of your marketing.
Renderings of Real Estate
Let us begin with some 3D rendering background. 3D rendering is known as offline rendering, which is unbelievably realistic virtual pictures. Software is utilized to almost duplicate a virtual representation of the real-life appearance of the property. It appears like a picture, but it doesn’t. Now that you know what a 3D representation is, let’s have a look at how it may enhance your property marketing.
Real Estate is a huge business, isn’t it? The use of technology is essential in this sector to generate a profit for the company. The real estate industry also undergoes huge changes as technological developments continue to evolve. 3D immobilization modeling and visualization have created a phenomenon for both immobilizers and customers. This technology allows an immobilizer to quickly recognize who visitors are, and who genuine customers are. This will save him valuable time and enable him to spend on other efficient tasks.
The Real Estate industry is a booming and lucrative company nowadays. The company may contribute to the generation of enormous income within a short period by using appropriate instruments. And 3D modeling and rendering are the second technology to fascinate customers nowadays. The realtors may create pictures of skyscrapers and structures that will probably force customers by using 3D modeling and rendering software. You may see realistic pictures and see your future houses
Developers also attempt to create great marketing techniques that enable consumers to purchase land and structures and reduce marketing costs. 3D modelling and visualization of their properties facilitate their work. They may generate a realistic view of their homes with this technology and fascinate prospective customers. Customers get the chance to first see their properties without the trouble of meeting brokers. If the houses fulfill their needs, they may contact the owners and bargain simply.
Impact of 3D Building Design
The days of paper and craft being utilized to create buildings and houses are passed. Modern tech has now developed to make design points clear and more contemporary. Architects are responsible for designing and developing concepts such that they distinguish themselves from rivals. They may certainly improve their creative ideas, making use of 3D design, by transforming their thoughts into reality. With 3D software, they may artificially envision the architects and interior and outside designs. Therefore, a thorough knowledge of both 2D and 3D designs is important for both architects and surveying.
3-dimensional Design is an architectural smashing tool for performing their design concerts. It will be useful that architects define a structure of a building and know-how a building looks after the building is built by engineers, builders, and masons. In almost all real estate designs 3D designers or CAD designers participate. The main advantage of the 3D design is that it gives customers a sense of satisfaction and conviction, knowing how it looks. When you look at this photorealistic design, the next phases may be readily pursued.
The Secret to Making Your Own Cannabis Edibles at Home
With medical cannabis as popular as it is, more and more patients have decided to make their own edibles at home. The practice is especially prevalent in states that do not allow smoking cannabis. Making your own edibles is easy, less expensive than buying them, and even quite fun.
Your biggest challenge is figuring out a process that works for you. Whatever you do, don’t rush things. The secret to making your own edibles at home is time. Remember that anything truly worth having is also worth waiting for. If you rush things, you are going to get an inferior product.
Before we go any further, most of the states that allow medical marijuana require patients to obtain a medical cannabis card before they can buy, possess, or use cannabis products legally. So before we even get into making your own edibles at home, do you have a card? If not, you will need to get one before you can visit a dispensary.
Dry and Cure Your Flower
Though there are exceptions to the rule, most cannabis flower you can purchase at a dispensary has not been fully dried or cured. Things are done that way for a reason. At any rate, drying and curing takes time. Do not rush it.
Both marijuana and hemp dry and cure best when kept in a controlled environment at about 70°F and 50% humidity. Obviously, you are not expected to invest in expensive climate control equipment any more than you would buy commercial extraction equipment from a company like Cedarstone Industry. Don’t sweat it.
Closets make excellent rooms for drying and curing cannabis. Choose an interior closet as close to the center of your home as possible. Set your thermostat so the temperature remains constant. Now, just hang up your buds for about 7 to 10 days. They should feel dry to the touch when they are ready to go. The stems will also snap rather than bend.
If you have the time, you can now take your buds and seal them in a plastic bag for 4 to 6 weeks. The idea is to wait until the material is cured enough that buds just fall off with a little shake. If you don’t have that kind of time, no worries. You don’t really need the extra step for medicinal purposes.
Decarboxylate the Plant
The next step is decarboxylate your cannabis. It is pretty simple. Preheat your oven to 240°. Break the plant material into small pieces and bake it on a cookie sheet for 30 to 40 minutes. It should turn brown, not black.
Once finished, you can grind up the material and add it to your recipes. However, there is another option if you’re not real fond about eating tiny pieces of plant. Instead of decarboxylating in the oven, you can grind up the plant material and put it into a crock-pot or pressure cooker with some kind of fat. Some people use butter, others use coconut oil. You can even use vegetable oil.
Regardless, let it slowly cook for 4-8 hours. You will want to strain the resulting mixture before you add it to your recipes. Straining will eliminate any leftover plant material. Also note that you may have to experiment with several batches to get this right because you may need a longer cooking time in order to get the maximum benefits from your medicine.
You can make your own edibles at home without investing in expensive extraction equipment. All you need is some cannabis flower, a few standard pieces of kitchen equipment, and some time.
5 Tips to Finding Good Life Insurance as a Senior
There are a lot of perks to your golden years. You get discounts on meals and the best seats on the bus. But there are some difficult aspects, too, like getting life insurance.
For whatever reason, life insurance policies aren’t always a priority when we’re young. But now that you know the importance of protecting your assets and your loved ones when you’re not around, it’s difficult to get the job done. Some companies refuse to write insurance policies after a certain age or for people with common health conditions.
Getting good life insurance when you’re a senior isn’t impossible, though. These five tips will help you know what to look for and find protection, no matter your age!
1. Work With a General Life Insurance Agent
You may not have thought about it before now, but insurance agents aren’t all the same. Yes, they have comparable training and have to pass a test for their license, but the rest depends on where they work.
In most states, agents must have a license to sell certain types of insurance. Beyond that, they have to be individually approved by the insurance company that they want to underwrite for.
Every insurance company has its own regulations for screening potential agents. Your agent can only write policies for the insurance companies from which he or she is approved. It makes sense, then, that you could get a better deal with a different person.
Consider your car insurance, for instance. If you wanted to buy insurance from a close friend who happens to be an agent, you would be stuck with the policies and premiums they can offer.
When you work with an agent who’s only able to write policies for one company, you’re less likely to get approval. Even if you do, you’re limited to their restrictions and rates.
A general life insurance agent can research dozens of potential companies and find your best fit.
2. Check the Company’s Rating
As with everything in today’s mostly digital world, you will want to research the company you’re interested in working with before you give them any information.
Even if you’ve “heard” of it in the past, check the ratings with places like Standard and Poor’s. Look at the financial strength ratings and any complaints that are listed.
Bad life insurance is worse than none. People who end up taking out contracts with financially insolvent companies pay their premiums. Then, they find out they can’t cash in on their policy when they need it.
If the company looking to underwrite you has a poor reputation and high rates, keep looking. It could be beneficial to put that money into a portfolio instead.
3. Look at Value, Not Premium
Monthly premiums will obviously make a difference in your final decision, but don’t let them be the only factor. Look at what the life insurance covers to determine the best value for your needs.
Life insurance coverage varies from the bare minimum to full coverage. As a senior, you’re probably only going to qualify for a whole-life policy, not a term policy, but that’s not a bad thing. Whole-life insurance builds cash value; term policies don’t.
Some companies offer flexible adjustments if your needs change. You can decrease the death benefit, reducing your premiums. If money is tight, you can skip your payments for short periods.
Other life insurance policies build cash value. That means if you need funds for an urgent situation, you can access that cash while you’re still alive. It comes out of your beneficiaries’ benefits unless you replace it.
These advantages make a slightly higher premium for more benefits a better value overall.
4. Focus on Seniors-Only Insurance
As a senior, you have unique needs that not all insurance companies cater to.
Chances are, you don’t want or need term insurance anymore. That type of policy is okay if you just want your funeral costs covered or some debt handled, but term policies also have a maximum age at which you can buy one.
If you’re looking for the best coverage to protect your loved ones, a seniors-only policy is what you want.
Companies that write almost exclusively for seniors offer permanent insurance coverage. These policies never expire, and the premiums usually stay the same, regardless of changes in your health.
Some policies require a health exam before you can be approved. Others will grandfather you in without this requirement, but at a reduced rate for a certain period after the policy starts.
If your health is the reason you’ve been unable to get insurance in the past, guaranteed life insurance could be your answer. This is a good choice for people on a budget, too. The policy benefits are lower, but the peace of mind you get from knowing your loved ones are protected is priceless.
5. Watch Out for Policies That Feel Too Good to Be True
With age comes the benefit of wisdom, so you are probably wary of scams, and rightly so. Insurance policies are an easy door for scammers who love to prey on senior citizens.
Jason Patterson with Burial Insurance Pro states ” many of advertisements of life insurance over T.V. or through the mail are not policies you want to purchase. Many of them have a 2-year waiting period on the death benefit and are overpriced. It’s best to work with an independent agent, who can offer you several options in terms of companies. Many seniors can benefit from a Mutual of Omaha burial insurance policy.”
Even licensed agents might not be reputable. Don’t take anyone at surface level. Get recommendations from friends and family members who have worked with good agents.
Every agent has an assigned license number. You can, and should, look up their ratings online. It’s not an invasion of their privacy — it’s protection for you and your loved ones!
As you enjoy the slow, relaxed pace of retirement, you have time to think about things like what you’re leaving behind. Your legacy begins while you’re still around, spreading your love and knowledge to those you care about.
You want your family to be able to grieve without financial concerns. With senior life insurance policies, you can focus on making every day count, knowing you handled the money issues for them.
Leon Grundstein has more than 28 years of experience in real estate development, with over two decades of experience in the retirement industry. He founded Tacoma Point Ruston with a game-changing business model to promote a healthy and robust retirement lifestyle for older adults.
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