Tips On Getting Out Of Credit Card Debt

Credit card debt can be difficult to pay off. While there’s no way of getting rid of debt without paying it off, there are some things that can be done to help manage the payments, making the whole process easier to manage.

Switching Credit Card Balance

The Bank of England’s base rate had been at 0.5% since March 2009, however since then average credit card rates have reached more than 18%. This means if you have an overdrawn credit card, 18% interest has to be paid back on top of the overdrawn amount to get out of debt. Switching the balance to a 0% balance transfer deal can alleviate this, some credit cards even offer up to 28 months interest-free which gives time to pay back the overdrawn amount without the interest charges.

Reject Interest Increases

If a credit card is overdrawn, credit card companies will sometimes increase the interest rate. However it is possible to reject this increase if you contact the company within 60 days. The credit card will then become unusable, but the additional charges won’t be added.

 

Understanding The Basics of Contract Law

Contract law can be a tricky field to navigate. It can only take one small misunderstanding of a statement made for serious problems to occur. Fortunately it can be made much more simple to digest by understanding a few basic concepts.

All businesses deal with contracts, These are legally binding agreements that are enforced and governed by law. Contract law itself governs a wide range of agreements, this includes:

  • Business contracts
  • Employment contracts
  • Service contracts
  • Contracts concerning the sale of goods
  • Real estate contracts
  • Contract law also governs any disagreements, illegal or voidable contracts and drafting documents related to contractual agreements.

When dealing with any contracts it’s important to have a good understanding of the legal document, as well as any related risks or liabilities before signing them. A contract lawyer can be help in understanding and analysing any agreements before they are made.

 

Understanding Travel Insurance Policies

Travel insurance is an important part of any foreign visit. It covers travellers medical bills, theft and other additional expenses should these events occur.

Travel insurance is broken up into two different types of policies, single-trip policies and multi-trip policies. The most often used policy is single-trip. These are common among travellers who seldom travel more than once or twice a year. They are best suited for those who know exactly how many visits they will be making over the course of a 12-month period.

Multi-trip policies are often used for business visits, they offer cover for every trip made over the course of a year. They are excellent for travellers who have to make unexpected international visits regularly, and are more cost-effective than single trip policies over long periods of time.

On average, a single-trip policy can cost less than £4.11. Annual cover starts at around £25, however this extra cost is quickly recouped if several international visits are made during its duration.

An Overview Of Heritage Law In The UK

While the UK is a small country compared to most, no less does it bear the marks of its predecessors. These areas of the surroundings which display past interaction between people and places are called the historic environment.

The historic environment includes many areas which have been considered important to society, and are protected by law. These are called heritage assets and make up the parts of the historic environment that is considered of great value.

Laws offers protection for heritage assets, and these laws have developed over the years. They help define what exactly makes a heritage asset, why it is valued and worthy of protection. These laws refer to various architectural, historic, artistic, traditional and archaeological interests, including the character that derives from those attributes.

Terms such as ‘significance’, are defined and encompass many different interests that may be worthy of the designation of a heritage asset. These interests may be archaeological, architectural, artistic or historic.

 

Why Conveyancing Checks Are Important

Conveyancing is the transfer of a legal title from one person to another. Usually carried out by a lawyer, conveyancing is a process used commonly when properties are bought and sold.

During a conveyancing process there are a variety of different checks that have to be done for the process to be a legal transfer.  These checks are important because, they involve making sure that the site is occupied legally, that the property isn’t threatened by any redevelopments in the area or that the property isn’t subject to a compulsory purchase order. All of which are important for people who want their new property purchase to be a legal one.

The Government has plans to introduce online conveyancing which will involve the online registration of land. This will ultimately dispose of the necessity for lengthy background searches and make purchasing property much easier and more secure for the buyer.