Using a credit card as a means of payment is commonly done, for example by those who use supermarket credit cards when shopping for monthly needs, methods of payment for public transportation online, and as a tool to get promotions when shopping. The use of credit cards itself is also commonly done when to finance urgent needs such as to pay for hospital expenses, bail out business affairs, or prepare a wedding. All of these things don’t hurt as long as the card owner is wise enough to limit himself and know how far the ability to pay bills in the following month.
First Lesson: It Is Important to Have Credit Card Insurance
Insurance on credit cards is important to have, fees that must be paid usually vary but not up to 1% of bills per month, so premiums that must be paid varied every month depending on your usage. Credit card insurance functions when the credit card owner has an accident that causes permanent disability or death, in this condition the insurance will protect the bill by freeing the deceased or the person who is permanently disabled from the obligation to pay the bill. Credit card insurance is very functional, for example when a family member or backbone dies, so the family left behind does not get a ‘legacy’ of debt. (Also read: Do these 4 things to pay off the inheritance of the family who died)
Third Lesson: It Is Important to Know Priority Scale Before Shopping
Fourth Learning: There Is Always A Way Out When Being Entangled In Credit Card Debt
The last lesson you can learn when caught in credit card debt is that there is always a way out when dealing with the problem. You can use a company that provides a debt management program to be able to pay off the remaining debt in arrears with relief. These forms of waivers are usually provided from the bank, in the form of discounted one-time discount, low-interest installments with an extended tenor, or a combination of both. You can also read articles from us, How to pay off a credit card so you can be free from debt.
Therefore, we strongly recommend that you use a trusted and experienced negotiation service so that you are faster free from debt. Companies like this usually understand more about what strategies and how to manage money like what should be done so that you are faster free from debt. In addition, reputable credit card debt management services companies will also assist you to succeed in getting the appropriate waivers while saving more time and saving more money, so you can pay off credit card debt faster. By using a debt management service company, you can get a solution in the form of negotiating debt and education to be able to take advantage of situations such as to increase income or reduce expenses. One of the debt settlement services that you can use, for example Jean Valjean.
Jean Valjean international is the first technology-based professional services company in Indonesia, which provides a debt management program. This program is designed so that consumers who are in debt, have the ability to control their finances again. Jean Valjean Indonesia helps clients through debt management programs, which are specifically designed according to the different needs of each client. This program is a combination of education on various opportunities to increase income and reduce expenditure, as well as conduct negotiation processes on existing bank debt requirements to reach the amount of payment that is in accordance with the ability. Jean Valjean Indonesia’s head office was established in Jakarta in 2015 by a founding team that has collective experience in the financial sector including debt settlement for more than two decades. Jean Valjean made Indonesia as the center of operations as well as a blueprint for the company’s development plan to other ASEAN countries. Since July 2016, Jean Valjean Indonesia has become the first company in Asia to get accreditation from the International Association of Professional Debt Arbitrators ( IAPDA ).