Month: August 2016

What You Need to Know About Credit Repair

It’s said that out of every 10 Australians, one has a black mark against their credit card rating with many people unaware of their situation. This is a cause for alarm as black marks on credit cards can cause untold miseries, especially when applying for loans, credit cards or even mobile phones. It’s for these reasons that many people seek after credit repair debt settlement solutions. These services involve an agreement between debtor and creditor with the help of a service provider. It mostly involves an offer that will most often be less than the full amount owed so that the debt can be wiped out completely.

agreement between debtor and creditor

Benefits

The benefits accrued out of credit repair settlement is that you stand to reap from settling the debt that you owed to your creditors at an amount that is less than the full amount that you owed them. What makes this among the best debt solution options also is the fact that debt is cleared in just one payment and you don’t have to worry about further payments thereafter. This saves you thousands in the end.

Type of debts that can be settled

A debt settlement will focus on settling your unsecured debts for you at an amount lesser than you owed. These kinds of debts will include credit cards, store cards, personal loans, larger phone bills and even utilities. It is unlikely that debt settlements will be used to settle secured debts such as home loans. This is because a creditor will mostly opt to re-possess the house than accept a payment that’s less of worth. However, you can talk to a credit repair company, and they will recommend a solution for fast debt relief for Australians that will help them settle their debt and avoid losing their home or car to repossession.

You will need a lump sum

So that you can settle the debt successfully, you will need a lump sum of money within a reasonable time frame. You could get this from family or even friends, but it doesn’t have to be the amount you owe in full. However, in the instance that you are unable to obtain a lump sum, a reliable service provider will table an amicable agreement between debtor and creditor so that you could still pay for less than the amount you owed without you necessarily having to show up with an upfront payment to the creditors.

 A credit repair company is a viable solution to the many Australians swimming in bad debt and will most especially help people with bad credit ratings to improve them. Additionally, these service providers will be of help in creating an agreement between debtor and creditor so that you can settle your debt much faster. A credit repair is not the only option available though in many of these service providers. They also have other debt solutions among the services they offer like debt consolidation, among others. However, before you declare bankruptcy first consider all other options laid out for you.

Office Furniture Buying: Four Hidden Costs to Keep in Mind

Buying your office furniture online is one of the important decisions you can make. The internet provides a wide range of opportunities for you as a shopper to choose suppliers and products of your choice. However, just as other products, furniture comes with hidden costs that you may not be aware of at the time of purchasing.

In fact, most buyers simply follow the sticker price. Hidden costs make the overall cost of the product higher than the sticker price. When buying a car or house, hidden costs may be due to upgrades, insurance, repairs, or sales tax. When buying office furniture online, here are some hidden costs to expect:

Delivery fees

Whether you purchase online or from a local retailer, furniture has to move from the store to your premises. Some companies will arrange for the delivery process, but at a fee. It is advisable to find out from your supplier how much you should pay for delivery. Then you can be able to factor in the cost in the budget.

Logistics is an important aspect of any bulk purchase such as office furniture. If you have a personal means of delivery, you could easily skip the delivery fees. However, even if you hire a separate means of delivery, you still have to pay the person for the service.

Customization fees

Sometimes you may see a good piece of furniture, but you want it done to your standards and taste. For example, if you are buying a sofa for a reception lounge, you may want it to have the corporate color of the company. Where you like the frame and not the color, you may have it changed. In that situation, the supplier may be willing to change it, but for a fee.

If you anticipate such a scenario, such as changing the fabric or style of your furniture, it is advisable to budget with more than the sticker price.

Assembly fees

In most shops, furniture comes packed in parts and assembled in your place. The trend is even more common when you buy office furniture online. Some office furniture such as executive desks, reception desks, executive chairs, is too bulky to be delivered as one complete item. They may not pass through corridors or hallways without having to dismantle them.

This expense does not involve the retailer. As a buyer, you will have to pay the technicians to assemble your furniture in your premises upon delivery.

 Protection plans

These are similar to purchasing insurance policies, meant to protect your furniture during a certain period. Protection plans often cover furniture and fabric and the charges vary from one supplier to another. However, the plans are not compulsory. If you feel you do not need them, you can skip the fees. For example, many furniture fabrics are already treated at the manufacturer’s level. Unless the furniture is exposed to conditions that can lead to premature damage to the fabric, you do not have to purchase the protection plans.

Next time you buy a piece of office furniture online, consider these hidden charges and shop wisely.

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