It does not matter where you live. Credit card debt can be one of the most difficult things to overcome in trying to get ahead financially. Having a high balance on your cards will hurt your credit score, and it can be extremely challenging to break the spending habits that got you into debt in the first place.
Thankfully poor credit is not the end of the world— There are some credit cards for people with bad credit — but it can make your finances more challenging. Not advisable unless it is totally necessary it costs.
One of the best ways to improve your credit while tackling debt is to prioritize making payments on time and reducing spending, so you can chip away at your credit card debt rather than add to it.
Paying off your credit card debt may also help you save money. The sooner you pay it off, the less you’re going to pay in interest and can save over time. We all kinda know that, but sometimes we need to reminded of the advantages of getting rid of that debt. Its like a load off your shoulders.
After a car accident the biggest fear is that your insurance company will not come to the ‘Party’.
Hopefully that is not the case.
Amy Bach executive director consumer advocacy group United policyholders says some auto claims can get complicated by the fine print.
Ways to avoid this:
a. Do not lie.
b. Stick to the facts: It is natural to want to explain the accident beat by beat. How much should you really say.
c. Answer your questions honestly but be careful about volunteering unsolicited details. If you try to save money by being less than honest, the truth may come out.
d. Your insurer should not deny your claim because of misrepresentations, but it may raise your rates. Trying to give precise details can lead to false recounts. Instead of specifics, provide estimates is a good way to go.
Avoid assuming blame: Even if you think you were clearly to blame, there may be mitigating factors. Remember your interpretation is just that : an interpretation. Most accidents are caused by both parties. Taking the blame may feel righteous, it might not be correct. It could lead to an unwarranted rate hike or lower settlement.
Let the investigation play out.
Get your fair compensation:
Getting a fair settlement can be a delicate situation.
For injury make sure you visit a reputable doctor. Remember any claims not documented by your doctor will not be considered.
You could be examined by a doctor who has a relationship with your insurer. So even if you have been examined by your own doctor the result my face resistance and the Insurer may want to use the opinion of their own doctor.
Property damage is usually easier:
Most states give you the right to have your car repaired at the facility of your choice. If your insurer becomes difficult about paying for the repairs consider contacting your State Department of Insurance
Make sure you make the effort to work with your insurer try not to be too adversarial. But on the other hand fight for the protection you have paid for.
Source: USA Today – Money
I am writing to you again today to remind you of this new idea .