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Archive for the ‘Credit Card’ Category

There are lot’s of companies, law firms and credit repair programs that offer credit repair service. Cost and program effectiveness are two things you should take into consideration before going along with any service that can help you repair your credit. The thing about credit repair services, is that you will have to be patient with most of the processes and monitor the effectiveness of every process and action taken to repair your credit reports.

Credit repair law firms have been around for a long time and usally charge a monthly fee to help you repair your credit reports. Some credit repair law firms want you to get envolved with the credit repair process, and may even offer you the oppurtunity to pick which bad credit accounts you want disputed first on your credit reports. The thing with credit repair law firms is that you do not know if they are disputing as many bad credit accounts as they can at the time or just enough to keep you paying monthly fees for months or maybe years to come. Keep this in mind before shelling out a bunch of money to a credit repair law firm.

It is often assumed if you want to accept credit cards on your website that you must have  merchant accounts. This is not the case. You can accept credit cards with a Third Party credit card processor.

1) What is a Third Party Credit Card Processor?

A Third Party credit card processor is a company that will accept credit card online payments on behalf of you or your company. The payments your customers make are
processed through the Third Party’s own merchant account, and you the retailer is paid (minus a commission fee) by the Third Party processor. No need to pay for expensive processing software, monthly fees or minimum transaction fees. As you only pay a percentage fee on a sale, you cannot lose money.

2) Should I have a Merchant Account or Third Party Processor?