Finance And Refinance .com

Credit cards are the banks response to monetize people stupidity.

So, we see that for the past 40 years, credit cards were using by virtually everyone. The public and private debt skyrocketed, everybody is consuming more than they earn and everybody is mortgaging their own future. So, what will be the future of credit cards?

1. RFID chip - there are already some cool, fashionable locations where you can pay via a RFID chip implanted under your skin. It’s the same thing with the credit card, but only more cool

2. virtual payment will be more used then cash in all world, not only in developed states. Did you know that only 10% of the money exists physical? The rest 90% exist only scriptical?

3. nations credit cards - now, that every individual person has enslaves themselves from financial point of view, there will be the nations turn, to use the nation credit cards. Imagine how easy will be to furter enslave nations, by provinding them no limit spending limit on national credit cards. Imagine how easy it will be to spend more and more, just like a normal stupid individual, who spends much more then it earns

Future of credit cards looks very promising. As humans are always looking the easy way out, credit cards seems to offer this easines. If you look in the future, you will see that debt will continue to increase, until everything it will break. This way of live is not sustainble. We cannot keep use debt to feel good. So, on short term, the future of credit cards looks ok, on long term I think it will be recalculated.

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Dear financial slave!

Refuse to have several debts! Now with one debt consolidation loan all your loans are consolidated into one. At least be a smart financial slave, if you are a slave. Read the rest of this entry »

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If you are facing problems on several debts, do not worry. In this fast competitive world, you have to deal with almost everything, no matter how negative the situation is. And to help you remove more debt, personal debt management has come to be.

As a borrower, we seek assistance on debt when you have multiple debts, and when you find a way to manage this growing problem. With personal debt management, you can really change the story. Because once you apply for personal debt management program, you need neither to respond to several creditors with respect to your multiple debts. Instead you the flexibility to convert the debt into one loan. This is indeed a great way to eliminate your debts and to give you a quiet life away from annoying phone calls and reminders from creditors.

With personal debt management, not only is a chance to merge your debts, but also get the opportunity to pay off lower interest rate. This makes the refund process easy and affordable.

You can manage your debt both secured and unsecured form. For secured debt consolidation, you need to your property any place of security as a loaned amount. Whereas, unsecured debt consolidation does not require property to be placed as security. Just accessing your employment and financial creditor will offer unsecured loan. Personal debt management advice can be accessed from the duty of experts who will guide you through the process of consolidating your debt and will offer suggestions on loans and lenders. You can access these through the online lenders. Method of consolidating your debt through online is fast, secure and reliable. Get fast feedback from creditors and debt experts. In addition all your information is kept secret.

With personal debt management, you need to not respond more on your creditors more debt. Instead, you get the flexibility to convert the debt into one loan. With personal debt management, not only a chance to merge your debts, but also get the opportunity to pay off lower interest rate.

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Some 2-3 years ago, an insurance agent from AIG came to me to convince me to make a life insurance. He bla bla’s about how beautiful is the service… After he finishes the presentation in a glorious light, to turns to me and ask me what do I think.

I asked him: “What will happen if AIG will go bankrupt? My bank deposits are guaranteed by state, but money invested in an insurance company are invested in stocks, that are very fluctuate”.

The agent reply, self-sufficient: ” Haha. AIG will never go bankrupt. Is impossible. Is the biggest company.”

Now I have this satisfaction that my question is correct. And imagine that AIG is in shit now WITHOUT a major claiming problem. Imagine that they would had to pay for WTC events now, when they said that have a hundreds of billions of dollars hole.

Well, AIG will not go bankrupt. Because they will not let them happen. If they do, the whole financial system will crush like a pack of cards…

Our economy is so fragile. Dammit

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7 ways of getting quick cash

I thought of listing some methods of getting quick cash. Maybe it will help somebody. The order is random:

1. Get a quick loan
Now there are a lot of loan providers, that can help you get a loan in 24h, 1h, instant, minus 1 hour, etc. Go there, apply for a loan and you get served

2. Rob someone
This is a quick way to get quick cash. But you have big chances to make a quick visit to state prison. So is not very wise

3. Go hire yourself.
The problem here is that you will not the cash quicker then 1 week/month.

4. Ask a friend to give you the cash
Once a very smart man said that the value of every person is the amount of money he can gather at 1 am calling his friends. So, the idea is to have good friends or family, so they can give the cash quick :)

5. Sell something
Yep. But first you need something to sell. Jewels, real estate, a car, stocks, bonds, something with resale value. Most of the stuff we buy have almost zero resale value (clothes, food, electronics, white goods, etc)

6. Make a quick business.
Basically is the above point. Post an ad on craigslist, saying you sell something, you sell and repeat the process. Make sure that you have something standardized that will sell quickly, otherwise you will be stuck with the merchandise

7. Gamble
Well, this is more a quick loosing money solution and earning it. At least try something you have 50%-50% chances. My suggestion is, if you really need quick cash, DON’t gamble. Otherwise there are big chances that you will need MORE cash :)

Good luck :)

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TO refinance or not to refinance? This is a dilemma.

The idea is simple. You must do calculation all the time, if you already have a loan. Because:

- conditions are changing all the time to existing loans (interest rate, commissions, etc)
- conditions are changing all the time to NEW loans

So every month you should check to see where are you standing and if it worth to make a refinancing to the present loans.

Refinancing is a simple operation. You just take a new loan, from another bank (or the existing one) in order to refinance the existing ones. Refinancing can be done together with debt consolidation (if you were a champion in taking too many loans:) )

When it pays to refinance?
- when conditions on the market changes and you end up with credits with higher interests rates
- when you need lower/higher rates to your existing loans, due various terms. Let’s say your incomes dropped due recession, and you want to cut 33% from your rate, in favor of increasing the loan duration, from 10 years to 30 years, let’s say.

At what aspects you should be careful:

- never refinance if you pay more
- calculate all the costs, not only the interest
- check also the refinancing fee. There is a possibility to go for a zero refinancing fee option, but you will pay definitely more month to month

That’s it for now. I hope this several advices will help you :)

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American CreditCard. We, in USA, are the center of the creditcard industry. An industry that told our minds that we DESERVE to spend without a limit, we DESERVE to buy thinks even we don’t have the money.

American CreditCard business is a multi trillion dollar one. And a very lucrative one. It allows people, who usually are stupid, to enslave themselves, spending without a limit. The system is corrupt and the creditcard habit must be reduce.

The capitalism is based on consumption. If we reduce consumption, like this crisis is doing this to us, we suddenly see that we can live very well with only a fraction of what we had before. We don’t need all these stupid stuff, that we were keep buying.

Don’t you think is something wrong when you go shopping just for fun? Or for relaxation? Common. This is a behaviour of a sick society, that put malls and american creditcard in the center of the human universe.

If you search on Google “American Creditcard” you will see zillions of results. Every bank, every financial society have their own american creditcards. Just take a creditcard from us, use it, and we will own a piece (smaller or larger) from your future.

Evil, isnt’t it? And based on our stupidity.

American

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I believe that living on credit is not sustainable. Because is false. We are living in a pervert world, where we were tough that creditcard is the answer to all our problems. Using a creditcard could buy us time, happiness, is easy to use, is a social pressure to do it.

But living on credit shows a blossom picture with dark roots.

In the first place, we say that we want credit because it allows us to benefit from a thing now, instead when we are old and we cannot enjoy it (then it will too late). So we go for credit, in the hope to enjoy the effects not, rather then later. This is ok… it seems. But, we are getting bored. And we see that what we bought and mortgage our future is not satisfying us any more. We want another thing, more fashionable, more new, so we mortgage our future even more. And we become slaves. Slaves on plantation.

We will be obliged to spend the rest of our lives pay the credit back, and for what?

Actually, there are 2 types of credits. Those that will make you money (if you invest with higher earnings that the interest that you are paying to the bank), and those who drain you out of the money (when you are buying expenses, that you cannot sell them anymore. In this respect we are buying electronics (with almost zero reselling value), trips, cars, etc. These are pure expensive.

On the long therm, getting a credit will make you pay more then double… Getting a credit will make you a slave.  And everything you do must get paid. You know, there is no such thing as a free lunch :)

This crisis is about sustainability. And greed. We came here because of credit. … I will further discuss these topics again :)

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I recently saw Zeitgeist, a very powerful movie. I really agree what they are saying there. Banks in the world are ruling the world. Actually, there are some ruling families, that use the banks as tools.

The humans will always want the power. They will look for it. So if we are constantly swearing about banks and about people that are eager for power, we should see this. It’s in our human nature to want more, to wish to thrive.

So, let’s say that all the powerful lasting people will be removed from the face of the earth. Still from the “good guys” that will remains, we will have developing a new category of people, more powerful then the others.

It’s just like a magnet. If we cut down a magnet in half, to have the positive split from the negative, and to through away the negative, the positive site will develop instantly a negative side. So, considering that we will be a happy, perfect society is utopia.

Right now we consider the banks in the world as the source of evil. But is not true. If there will not be the banks, for sure it will be other categories that will take charge of the title of rulling the planet. This is the way it is. And we must live with this.

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