Please accept my invitation to be my friend and connect with 25,500+ black professionals that are supporting each other's businesses (mlm’s are welcomed). It is a powerful group with lots of benefits and opportunity to connect with other powerful black professionals and their families all around the world. We are currently in the pre-launch phase, so can you imagine what's going to happen after the launch this month in Atlanta, GA.
This is one of the hottest, new websites on the Internet, called www.globalblackbusinessnetwork.com. Black people are uniting to network and support black businesses. It's really great. If you’re ready to be a part of a movement that will create wealth in our communities (that means you) I encourage you to click on the link, JOIN and list your business/service (for FREE) for exposure and reach for your products and/or services. This is also an awesome resource to find and buy black products/services from black professionals (join for FREE). Visit the site and check out the businesses were brothers and sistas are part of this GROWING movement.
Barb B, MBA
www.koolvideoemails.com (you can receive our video email on the Apple i-phone, Blackberry is coming soon)
My heart goes out to the family of Bestselling Author E. Lynn Harris during this hard time. E. Lynn Harris died unexpectedly on Thursday during a business trio to LA. E. Lynn Harris was one of my favorite authors and he will truly be missed in the Lit world. My prayers are with the Harris family
A secured credit card is used only for the purpose of rebuilding your credit. Most banks will charge you a start up fee for the card. This fee can range from $20.00 to $200.00.
The consumer is paying to have a credit card that will charge them interest on their own money. A secured card reports to your credit card just like a real credit card. In some cases it will show secured, but not often. This depends on the company that you get the card from.
My question to many consumer is why would you want to pay interest on your own money? This makes no sense at all. Also, why would you use a card that will lower your credit score when you use it? Most secured credit cards have a minimum deposit of $200.00 or $300.00 deposit. So, when you use more than half of the limit, your score will go down.
More dangers to beware of below:
The company will charge you a high interest rate.
The company will charge you a set up fee, just for the card.
The company will charge you a late fee on your own money if you don’t make the payment on time.
The company will report you late on your own money when you miss a payment on your money.
The only way a secured card will benefit you is when you do not use the card. Let the card work to your advantage. Let the bank pay you money on the secured card, so you gain money. If you are trying to REBUILD your credit this is an excellent way to rebuild your score and make money.
However, you want to use the card to your advantage and the intended purpose. My advice would be to use a secured card like a saving account. Dump any money on the card that you want to save for about a year or longer, just enough for you to rebuild your credit.
Next, pull all your money off the card and close the account (all at once). Remember, the key to credit is playing the credit game. If you do not know the rules, you will loose.
The real question with secured cards is “how much do you want to loose”? One year two years, three years, or forever. Remember, you will pay a yearly fee for that card. If your are paying $59.00 a year, that will cost you around $295.00 for five years.
Last, make sure you get a secured card that has a good interest rate, so you earn more money. Also, one that has a maximum high limit. For example, you can put up to $5,000.00 on some secure credit cards. Most cards have a set limit on how much you can put on the card. So get one that you will benefit from. More blogs like this at www.creditadviseforyou.com
This is LaShanda Henry, founder of Black Business Women Online. I hope you are enjoying the network. If you want to really get started, Grab your FREE Black Business Starter Kit which includes social networking tips, webinars, and more.
If you already signed up for the Kit that's Great! Have an amazing day.
I would love to talk with you about doing some Public Relations for my magazine for the upcoming year and on some different project that we have coming out! You can check out the website at www.actionmagazine.org! Or you can email me at email@example.com
I really look forwarded to talking with you and working with you really soon!!
From A Writers POV is now accepting guest article writers to submit articles with info about writing, publication, editing etc. We are looking for articles that will help and inform our readers about the writing and publication field. We are currently only looking for about three to four articles for the months of July, August, September and October. After that we will not accept submissions again until August.
We will not accept articles on any other topic and we will not accept articles that are advertising your business.
Helpful links and websites are accepted but if you have a service that you are trying to advertise, we will not accept your article.
*Your article will stay on our website for one month and will be featured on our homepage. You will also receive a free short interview to go on our blog "The POV Lounge"
*We will request that you email your full article to us, if it's approved. We do not edit your article. It will go on the website as is so make sure you have edited your writing.
To sign up click here! http://fromawriterspov.webs.com/guestarticleform.htm