Category: General

How to get out of medical debts

Problem:

“I live in San Antonio Texas. I owe about ,000 in medical bills that I’m yet to pay off. I haven’t been able to make payments for about 6 months. So, they have now gone to collections and I get calls for payment everyday at least twice. I would like to pay them off but do not have enough funds. Is it possible to go for medical bill consolidation in order to pay off my debts? I have a credit score of 590. Would that be affected if I seek consolidation?” getting out of debt.

Solution:
Medical bills can be a matter of serious concern since they may come up unexpectedly and disrupt your financial plan or the budget that you’ve prepared. Sometimes, your health insurance may not cover certain medical conditions for which you need to pay an amount out-of-pocket. If you have multiple medical bills, then you may consolidate them into a single monthly payment. However, before doing so, you must check out the factors favoring medical bill consolidation. Find more information here

Tips to follow in medical bill consolidation

Consolidation is a good idea when you have multiple medical bills to pay off. By consolidating your medical bills, you can lower your debt burden by making single monthly payments towards clearing your existing dues. However, you should assess your financial condition and also consider the following factors before you take recourse to consolidation.

1. Lower rate: If you want to take out a consolidation loan, then look for one that has a lower rate of interest over a good loan term. This will help you to repay your loan quickly and also you won’t have to carry the debt burden for long.

2. Analyze your finances: Make sure that you have enough funds to make your regular monthly payments. You must not default on your payments as otherwise your credit score may suffer more.

3. Improve your credit score: Unpaid medical bills can adversely affect your credit score when they’re sent to collections. In such a situation, consolidating to pay them off would be a good idea. If you already have low scores, it is not a good idea to keep unpaid medical bills.

You can negotiate with your medical service providers/collection agency on your own or take professional help if required. To take professional help, you may enroll yourself in a debt consolidation Phoenix program and pay off your medical bills in a systematic way.

Besides consolidation, you may also seek other debt relief options. Going for a credit counseling session is a good idea. If required, the counselor may enroll you in a debt management plan by following which you can pay off your dues and become debt free.

If you have a huge amount to pay back, then you may also try to settle your medical dues. Before you attempt negotiation with your medical service provider/collection agency, make sure you have enough funds to clear your dues. Save as much money as you would like to negotiate for and then approach the medical provider/collection agency. In most cases, the service providers or collection agencies don’t agree to a reduced payoff amount in the first go. However, you should maintain patience, explain your financial situation and try to convince them by saying that you’ve no other option left than to file a medical bankruptcy if they don’t agree to a reduced payoff amount.

Jason Holmes is a regular writer with Debt Consolidation Care and is also a contributory writer with other financial sites. His expertise is woven around various aspects of the debt industry and with his e-books he tries to impart to people the different situations and simple solutions to get out of difficult situations. Some of his works include e-books like ‘Credit Score The Quintessential Therapy for a Happy Pocket’, Take Creditors and Collection Agencies to Small Claims Court’ and, My Story- From Depression To a Smile’.

SEO Tips – Article Marketing

Article marketing is hands down on of the best ways to get targeted, ready-to-buy traffic to your website. Not everyone has success with article marketing, however. In this article, we’re going to look at what separates winning article marketing strategies from ones that don’t work out as well. Here are four tips you can use to take your article marketing right to the bank!

Tip 1: Write your articles like sales letters. Now, you don’t want it to sound like a late-night infomercial, but you do need to understand that your article is more than just information. Your goal is to get the reader to click on your link, either in the article body or in your bio box.

Tip 2: Write a headline that arouses curiosity and makes people want to read your article. In general, readers find your articles via a search engine search. In other words, when they decide if they want to read your article, they can’t see the whole thing. They just see a headline and also a description. You want your headline to be a call to action. Something that’s going to interest people.

Tip 3: Make your articles at least 400 words long. If you want to publish your article on a lot of article directories (and you should), it needs to be at least 400 words long. A lot of directories don’t publish articles that are shorter.

This makes total sense. A directory makes money through traffic. They want readers to feel like they learned something, or at least made their lives better, by reading their articles. An article that’s less than 400 words just seems a little unsubstantial.

Tip 4: Make your bio box look like it’s part of the article. At the end of an ezine style article, there’s an author’s bio box. Although you can try to put links back to your website in the body of the article, not all directories allow that. The place to put your link is in the bio box.

Don’t think of the bio box like it’s an afterthought for your reader. Your bio box needs to fulfill the same function that a call to action does on a sales letter. This is so important, let’s spend some more time on it.

This is what you don’t want (but what you usually see).

“Joe Johnson is a career animal lover who has spent countless hours learning the ins and outs of the lives of ferrets.”

Okay, that was meant to be funny. But really. Looked at from your reader’s point of view. They are interested in themselves, not you. Unless you’re the inventor of the South Beach diet or someone with as much authority in your given niche, who you are and what you’ve done is secondary.

What’s primary is this. If you did a good job with your article, your reader should be thinking…”Hmm…I liked that…I wonder what else this gal (or guy) has to say about all of this.”

That’s the kind of response that gets the click. That’s what we call “pre-selling”! And, that’s what article marketing is all about—pre-selling your reader so that they click through to your money page.

A better idea for the bio box would be to make it essentially just the last sentence in the article, with a text link embedded in it. Something like this would be better.

Check out Raising Ferrets for Fun and Profit to learn more about these wonderful critters.

(Where the underlined part is a text link to your site.) If your article directory doesn’t allow text links (and there are still some that don’t), then just include the whole address so that your reader can cut and paste it into their browser window.

There’s certainly more to know about article marketing than just this. But these four tips will make this type of technique start to work like gang busters. Apply these tips and watch the traffic start rolling in!

Home Insurance – In’s and Out’s

Looking for good insurance for you home could actually cost you quite a bit of money. This article will help you select a policy that meets your needs without breaking the bank. Below you will find some of the greatest tips on the Internet to help save you money.

If you are struggling to make the monthly payments on your homeowner’s insurance, considering raising your deductible. Just like with health or auto insurance, having a higher deductible means lower risk to the insurer and lower monthly rates. However, this should only be used with homes that are not likely to suffer small maintenance issues, as the homeowner ends up with those costs.

When considering insurance for your home, be aware of how certain possessions may affect your rates. Having a pool or skateboard ramp may bring hours of joy and fun to your family and friends, however they can make a large impact on your rates. Check with multiple providers and consider if it is worth it to have these recreational items.

Flood insurance should not be overlooked when you purchase a house. Traditional homeowner’s insurance policies don’t always cover floods, and you never know what can happen, even in the least expected places. Flooding can happen unexpectedly and be very damaging, so make sure you get the right plan.

Consider asking your insurance agent for a home owner’s policy review once you reach the age of 55. Home owner’s insurance often offer senior citizen discounts. Shop around if your company is not providing you with this discount.

Always select guaranteed replacement value home insurance. This type of insurance policy ensures that your home will be rebuilt, no matter what the cost, in the event of a disaster. This is important as the cost of building a new home tends to increase yearly. Without a guaranteed replacement value policy, if disaster does strike your insurance company may not provide you with enough money to rebuild your home.

Having fire alarms installed in your house may reduce your homeowner’s insurance premiums by upwards of 10 percent each year. The reason is that insurers have more confidence about the safety of homes with fire detection equipment. Depending on the company and policies they offer, you could actually get a bigger reduction in your premium if you have many fire alarms installed.

It is cheaper to get and keep homeowner’s insurance if you do not have injury prone devices. Insurance companies see pools, trampolines, and other similar objects to be a higher risk for injury and will therefore raise the amount of your premium. Although having a pool may be fun, removing it will save you money!

Install a security system that is monitored. That makes you and your family safer, and your insurance costs will be about 5% lower. Be sure to send proof of your centrally monitored alarm system to your insurance company to claim your discount.

Insuring a valuable item can help one get it replaced or even repaired should something unexpected ever happen too it. It will also help if the item gets stolen from an individuals home. The right insurance coverage for something could make all the difference if something ever happened to it.

When choosing a home owner’s insurance policy, look into the quality of the company. The company that holds your policy should be able to back it up. It is good to know if the company that holds your policy will be around to take care of any claims you may have.

Consider your insurance premiums when you add improvements to your existing home. In most cases wood structures are more expensive to insure as they are extremely flammable. Consider additions using concrete, brick or steel frames as their insurance premium is significantly lower. Other potentially dangerous improvements, such as swimming pools can increase your premiums significantly.

You’re homeowners insurance protects your largest asset. If you took out your policy more than 10 years ago, revisit the coverage amounts. The cost of building a new home when you signed up for your coverage may have been much less than it would be now. It’s important to make sure that you would be protected at today’s construction prices.

If you are worried about damage from floods or earthquakes, read your policy closely because most companies do not provide this compensation in the standard packages. If your home is at high risk of suffering flood or earthquake damage, you may need to purchase special insurance coverage.

Review your homeowners insurance policy at least once every year to see if circumstantial changes could affect your premium. Lots of factors can affect your policy from getting rid of a particular breed of dog, a potentially dangerous trampoline, to the construction of a new fire hydrant near your house. Be sure to report these changes to your insurer to see if you qualify for discounts or adjustments to your policy.

One incentive to pay off your mortgage as quickly as possible is that your home owner’s insurance premiums may drop. Insurance companies assume that you will take better care of your dwelling if you own it outright than you do if you are still paying on your home loan.

It may sound impossible, but you can get great insurance coverage at a reasonable price. The trick is to understand insurance so that you can make better decisions about your coverage. Using the advice you’ve read, you can now find the right policy. Make sure you actually apply the tips from this article for success.