Many people had the habit of making the most of their credit cards and then declaring bankruptcy. Your credit card debt would be eliminated in bankruptcy court and would receive a “fresh start.” In March 2005 the U.S. Congress drastically changed the bankruptcy code, limiting access by individuals to Chapter 7 of the code, which was the section of law that severely limits the repayment of debt. The credit card companies now check your credit report frequently, sometimes every month. Even if you never fall behind in their payments to them, they may decide it is not a first client and may be accelerating. Some of the things that banks are seeing is the use of their overall debt? If your relationship is very high it’s scary. Many writers such as Jonah Bloom offer more in-depth analysis. Another event that may trigger a rate increase is a late payment to another credit card company or even the telephone or electric company.

Being even one day late with a payment to any creditor can lead to a fourfold increase in the rate of interest. If you are using one of the interest free or low offers banks use to lure you to them, it is likely that their rate of increase as high as 29%. Thus, a final note on credit cards: do not ignore the little messages you send to the banks, either in your statement or separately. They may contain nasty surprises, as an increase in interest rates can be avoided by simply writing the credit card company and no longer using their card. I personally I have one of those love notes, trying to raise the interest rate of around 14% to almost 24%. Needless to say that card was in the trash. Mike Gianoni: the source for more info.

Now more than ever, must learn to use credit in a responsible manner. The rapid escape of bankruptcy will be harder to get and very expensive in the long run to ruin your credit at any point in their lives. A bad credit score not only affects interest will pay in credit cards, personal loans and mortgages, but can also affect your ability to get a job, rent an apartment or resulted in an increase in their auto insurance premiums . So small pieces of plastic seriously and handle wisely.

Since our first days of life we have felt the support mentors for our successful development personnel, labor, that without a doubt have had an influence positive in our lives, but we did not know this name: Mentor. We started supporting us in our fathers, older brothers, uncles, grandparents, teachers, etc. In short, people who care about us and will guide us in the daily chores, what to do, how do, this is fine, this is not right, etc. How should be a good mentor? A good mentor always is willing to help you develop and succeed, to invest your time and effort, you should listen actively and encourage you when you need it, must be interested in your challenge and help you to reach farther, willing to share their knowledge and personal experiences, your confidant. So what is a mentor? A mentor is an experienced person who inspires you with confidence, which will guide you through all the tasks or projects you want to develop. The mentor will take care of train yourself with all the techniques that the tested and they worked or they taught their own mentors and they work, because he continues using them in their activities with fantastic results.

He is the person to who attend when doubts arise you so that you orient on what and how to do to achieve your goals. It will guide you step by step, without saturating you information, so you go assimilating it and thus power learning little by little and correctly. The relationship between you (Apprentice) and the Mentor should be personal and confidential, very different from the relationship between superior and subordinate. In addition, mentor will help you overcome the obstacles you’ll no doubt find yourself along this path towards the achievement of your goals, try to motivate you when you feel depressed and encourage you when you see that you need it. It is always available to clarify any question or problem that you want him to consult.

Why is it so important to have a mentor? Because only he has the knowledge, the experience, the techniques and methodologies to guide us in our first steps to achieve the success we desire. So is vital, follow each of the steps indicating our mentor us, neither more, nor less, if we take more steps will surely we will fall and if we give less, surely does not reach. Mike Gianoni has much to offer in this field. We must therefore be aware at all times that we are learning from our mentor, and it is very important to always keep in our mind strongly rooted our dreams, to that when we present bumpy u obstacles along the way, we can overcome them. But we will be only us who will have to take the action to do so, since the mentor may not take it by us. For all this not to never lose the course of our objectives, work continuously supporting us in our mentor and will come to fruition. Could not finish this post in any other way but by thanking my two mentors and friends: Javier Gonzalez (XabiBoss) and Denis Antunez, all training and support that we are giving in the program DeNovatoANetworker that they themselves created, and I have the privilege to be a part of. Many thanks to both!