A twenty thousand dollar amount on a credit card with a 15% interest rate can cost you as much as $325 a month in minimum payments (over a period of 10 years) with some credit cards having interest rates as high as 20% which can increase that minimum payment even more. This is also the minimum payment which means that a fair portion of that monthly payment is going towards interests and it will take even longer to pay off that twenty thousand dollars. Credit card companies will try to keep your favor by offering temporary lower rates and other incentives. These discounts may work well if you have smaller amounts on your credit cards, but if you have ten, fifteen, twenty thousand or more on your credit cards then this is by no means a solid solution.
Are there alternatives out there? The answer is yes, and one increasing popular alternative is a home refinance loan. Refinancing your home can provide the cash that you need to pay off those higher rate credit cards and save you money at the same time. Taking our example from above, the same twenty thousand dollar credit card bill paid off with a lower rate home refinance loan would cost you around $205 a month saving you around $120 a month (on a similar ten year refinance loan).
Are you paying too much for your contact center software? Are you satisfied with its capabilities, or do you wish it did more? These are questions most businesses don’t take the time to think about, even though contact center software is one of the most important investments that you’ll make. With a little bit of planning, you can end up saving money and still end up with better functionality. more
Video conferencing is quickly becoming one of the most important communication channels for both small and big businesses. As more businesses turn to this technology, expectations about the experience are also rising. It’s not enough to just offer video conferencing as a communication method. You also need to meet minimum audio and visual standards, and there’s even proper etiquette to consider. more