There?s nothing wrong with debt in itself. Without debts such as mortgages and car loans, we wouldn?t be able to live our lives the way we want. But once we can?t afford our debt repayments, it?s time to ask for help, seeking expert debt advice or looking into professional debt solutions such as a debt management plan, debt consolidation loan / mortgage, IVA (Individual Voluntary Arrangement) or Trust Deed. The alternative could be doing something we?d normally never consider ? like paying the mortgage (or other large debt) with a credit card.
According to housing and homelessness charity Shelter, about 85% of the UK?s ?1.4 trillion personal debt is secured against property. The good thing with secured debts, of course, is that they normally come with a lower APR (Annual Percentage Rate) than unsecured debts. Nonetheless, a mortgage is by far the biggest debt most people will ever have. It?s a commitment to spend a long time paying a lot of money every month. If the mortgagor runs into any kind of financial trouble, it can be a huge burden.
Here?s the scary part. In October last year, Shelter revealed that over a million people had been forced to pay their mortgage or rent with a credit card in the previous 12 months. Just eight months later, that number had quadrupled ? published in June 2008, Shelter?s ?Breaking point? report revealed that ?4.1 million households (16%) used credit cards to help meet their housing costs in the last 12 months?.
Credit cards may seem like a good way to deal with a cash shortfall in the short term, but they?re no long-term debt solution. ?When someone pays a month?s mortgage or rent with their credit card, they?re not solving their debt problems ? they?re just putting them off,? says a spokesperson for financial solutions company Think Money. ?They?ll have to repay that debt sooner or later, and the longer they leave it sitting on their credit card, the more they?ll end up paying in interest.?
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Hazlet, NJ (PRWEB) July 11, 2008 -- iCIMS, a leading Software-as-a-Service (SaaS) provider of talent management platforms announced today that it has eclipsed the 600 client mark, adding such industry leaders as Enterprise Rent-a-Car, Jamba Juice, Room and Board, Genworth Financial, Crunch Fitness, and the nation?s largest job board to its client base. The talent management software provider now supports 600 customers across virtually every industry, geographic location, and company size. Supporting more than 65,000 employees, Enterprise-Rent-a-Car is the largest car rental company in North America, with operations across 7,000+ offices in the U.S., Canada, the U.K., Ireland and Germany. Recruiters at Enterprise are utilizing iCIMS? Talent Platform to effectively streamline and automate recruiting and hiring processes across the company?s widespread locations. Enterprise Rent-a-Car joins Whole Foods Market, Continental Airlines, FedEx Corporation and other iCIMS clients supporting talent management activities across numerous worldwide locations. Decentralized workforce management is easily supported by iCIMS through localized Career Centers, geographic and divisional reporting capabilities, and multi-lingual employment applications and forms. With iCIMS? software, users can effectively streamline unique talent management initiatives across widespread global locations and business units while still maintaining data within one core platform. Also operating on a global scale, leading financial security company Genworth Financial (NYSE: GNW) recently joined the iCIMS family of clients. A strong need for an effective Candidate/Contact Relationship Management (CRM) program prompted Genworth Financial to seek a CRM solution to complement its existing applicant tracking system. iCIMS' powerful CRM tools allow organizations such as Genworth to stay in constant communication with both active and passive candidates, helping recruiters engage, track, and search for a pool of talent. Branded HTML postcards, invitations with corporate logos, graphics, and more, are just some of the comprehensive CRM tools that iCIMS offers Genworth Financial and other companies seeking powerful, yet configurable talent management solutions. iCIMS? latest client additions join 600 worldwide companies who currently power their talent management initiatives using iCIMS? Talent Platform. From FedEx to XM Satellite Radio, Wrigley, The Hershey Company, and Liz Claiborne, more and more enterprise companies from around the world are partnering with iCIMS to help support their pre-hire and post-hire needs.
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Fairfield, CT (PRWEB) July 14, 2008 -- In the Mood Intimates, LLC announces the launch of its Loyalty Gas Card program. The more you spend the more credits you earn towards your free gas card. In the Mood Intimates Loyalty Gas Card program runs from July 1, 2008 - September 30, 2008. This gives customers time to earn credits towards their free gas card. This is a tiered program. Every dollar is worth a one credit. Earn 250 credits and receive a $25 gas card, earn 500 credits and receive a $50 gas card, earn 750 and receive a $75 gas card, earn 1000 credits and receive a $100 gas card. All the customers have to do and purchase anything including bras, panties, bustiers, camisoles, chemises, sleepwear, or any of our wonderful accessories and they will earn credits. In the Mood Intimates, LLC will keep track of the credits and send the gas cards out in October 2008. "We are all hurting from the gas crunch these days so we figured that we would reward our customers with a gas card for the purchases that they make with In the Mood Intimates." States Karen Esposito, owner of In the Mood Intimates, LLC. "We know more customers are going to the web instead of the mall to shop, so we figured let them save more on gas by purchasing their lingerie from us. Plus we offer free shipping for even more savings."
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Boston (PRWEB) July 13, 2008 -- This summer, weekend warriors can ease the pinch at the pump, thanks to the new Relax, Reconnect and Refuel, New England summer vacation package offered at 11 participating New England Marriott hotels. Available now through August 31, this Marriott weekend package includes deluxe guest room accommodations in New England, plus a $20 gas card reward for each night of stay. Relax, reconnect and refuel is Marriott's goal for every vacation this summer. Marriott features the new Revive bedding and the convenience of a new plug-in panel, offered at most New England region Marriott hotels. Choose from Marriott hotels in Connecticut, Massachusetts, and Rhode Island for the best accommodations for family vacations. Explore the New England coast at Marriott hotels including Rhode Island's famed Newport location. Swimming and sunning with family and friends is made easier by Marriott; taking the stress off of your gas tank and your wallet. The Relax, Reconnect and Refuel gas card reward package rates are per room, per night and are based on availability at the time of reservation. Advance reservations are required. Tax and gratuities are excluded. This special New England Marriott hotel promotion is available Thursday through Sunday. Blackout dates may apply. Offer does not apply to groups with 10 rooms or more. Offer cannot be combined with any other promotions. Other restrictions may apply.
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