February 2020 - Page 8 of 9 - Oh My Heartsie Girl

February 3, 2020September 12, 2020

How Much Will a Speeding Ticket Cost Me?

Being pulled over may be commonplace, but it doesn’t make it less frustrating when you’re dealing with it—like many other people, you’ve been accused of speeding, and now you’ve been ticketed. You may not believe it’s fair, but you may be worried about fighting that ticket. What will it really cost you?

Many people who receive a speeding ticket think they’ll just pay for the costs and move on. Sadly, it’s not always so simple. Your costs can add up, making it tough to recover if you choose not to fight your speeding ticket. Make sure you understand those costs before you agree to anything.

Financial Costs of Your Speeding Ticket

When you’re pulled over for speeding, your first concern may be the fines attached to the ticket. Those may be over one hundred dollars for driving just a little bit over the speed limit. Unfortunately, they may not stop there.

The farther over the speed limits you were driving, the more expensive your speeding ticket maybe. That could lead to thousands of dollars, and if you’re accused of reckless driving, you could even be arrested, not just ticketed. Your short-term costs could get out of hand quickly because of this.

Insurance Penalties

The expenses don’t stop there. If you pay that ticket, that’s considered an admission of guilt and you’ll be convicted of a traffic violation. That may not seem like a big deal, but it could be a big deal to your insurance company.

The insurance company considers speeding tickets a sign that you were driving recklessly, which means you may be a car accident risk. To minimize its costs, the company may charge you more for your insurance coverage because of your ticket. For some drivers, that makes their insurance policy too expensive to afford, leaving them without coverage.

Driving Points

Even if you’re not concerned about the financial losses you could suffer, your driving points could be reason enough to call a Chicago speeding ticket lawyer. These driving points may not affect your license right away, but the long-term effects can be dire.

If you’re convicted of a traffic violation, you may have driving points added to your license, though the number will depend on the severity of your conviction. If you receive enough points within a year, your license could be suspended. That leaves you without a license for months or even a year following a conviction.

Get Your Speeding Ticket Dropped before You Pay

If you’re facing a speeding ticket, paying the fine won’t make it go away. Instead, your penalties and costs will just keep piling up, making it even harder to recover after a speeding ticket conviction. You may need help to avoid those penalties.

Fortunately, you have a chance to fight your ticket. Instead of paying your ticket, plead not guilty and take your case to court. Even a reduced conviction is better than accepting your penalties, so seek out a defense for your case and get your penalties reduced.
[…]
7 Effective Car Maintenance Tips
Have a Safe Trip: 10 Essential Tips for Women Travelling Abroad
New Driver On The Road: Its Your Teen

February 3, 2020September 12, 2020

Can I Still Be Compensated if My SC Work Comp Claim Is Denied?

A work accident can leave you suffering and struggling to both recovers from your injuries and deal with the emotional trauma you’ve been through. However, you may have just gotten some bad news—your South Carolina worker’s comp claim has been denied.

That can be difficult to deal with, especially if you’re not familiar with your options after a worker’s comp denial. You may be worried about whether you can even be compensated now, and whether your South Carolina workers comp lawyer can help you fight back. Fortunately, you may have an opportunity to get workmen’s comp despite your denial.

Requesting a Formal Hearing

When you’re denied workers comp benefits, your worker’s comp lawyer can help you take action for your claim. When the insurance company refuses to compensate you for your losses, you may still be eligible to disagree and prove to the worker’s compensation board that you should be compensated.

For example, you may have suffered severe injuries in your accident, but you didn’t have enough proof that your injuries were that severe. Instead of accepting that denial, you may talk to your attorney about gathering more medical proof of your injuries and moving forward with that claim.

The Appeals Process

If you’ve been denied workers’ compensation benefits, you may still be able to fight back and get the compensation you need. Workers will be able to file a petition for a formal hearing with the South Carolina Workers Compensation board within a short time after they’re denied benefits.

You and your lawyer can file for your worker’s comp benefits, then seek all possible evidence that could help your claim. Medical evidence, footage of the accident, and expert witnesses can all give you the evidence you need for your claim.

Your attorney will represent you in court and present the evidence you’ve gathered for review. Once you and your employer have presented all evidence, the board will make its decision on approval or denial for your claim.

Your South Carolina Work Comp Claim Denial Can Change

If you’ve been denied workers comp benefits, you may be worried about your options. The truth is, without a steady income or financial help, it can be difficult or even impossible to maintain your quality of life and support your family.

Unfortunately, that’s a reality for many injured workers. You may have just gotten the news, for example, that your coverage has been canceled. The doctor may have ruled you fit to work, even though you’re still in pain and recovering from your injuries.

That’s difficult for a lot of people, especially if you’ve just received a worker’s comp denial. Fortunately, you have a chance to get compensated even if you’ve already been denied. Your attorney can help you build a defense for your claim, which can be tough when you’re struggling to recover from severe injuries.

Luckily, you do have a chance to act now, so reach out for help. You have a chance to get benefits despite your denial, but you’ll need to act fast for the compensation you’re eligible for.
[…]
Common Damages That Follow a Car Accident
How Courts Decide What People Deserve

This post may contain affiliate links and I might receive compensation if you make a purchase after clicking on a link.

February 3, 2020September 12, 2020

Learn How Personal Loan Might Help Your Credit Score in 6 Ways

Did you know that personal loans can help improve your credit? How can you benefit from personal loans in this regard? Well, let us first understand what credit score is and its relevance. Before a loan application is approved or declined, lenders often conduct credit checks on applicants. An applicant is supposed to meet some requirements in order to be considered for a loan. A credit score is one of the most common eligibility tests that borrowers are often subjected to.

What Is Credit Score?

This is a three-digit figure that was established to determine the creditworthiness of borrowers. It ranges from 300 to 850 points. In general, any score above 800 points is considered excellent. A score of 700 points is good and most lenders will prefer giving loans to you at lower interest rates and better terms. A score that ranges from 650 to 700 points is fair, and even though you can qualify for most loans, your chances are limited compared to someone with good credit. Any score below 650 is bad and your chances of securing loans here are very minimal. Yes, you can qualify for loans but at higher rates.

It is important to note that one can have bad credit not because of defaulting loans, but because of not using credit. Again, it takes time to build credit. Everyone desires to have good credit to qualify for most loans at better rates and terms.

Ways in Which Personal Loans Might Help Your Credit

In light of the above, it is vital to improving your credit score in case it is bad, or to maintain it if it is good or excellent. If you are not careful, your score can plummet with ease and will require a lot of effort and time to establish it. There are different criteria for improving the credit score. The rest of this discussion will illustrate different ways in which personal loans might help you improve your credit score. Let us start.

Earn Points by Borrowing and Repaying in Time

Usually, most lenders report payments to credit rating agencies. According to financial experts, timely payment is a credit factor that accounts for up to 30% of borrowers’ scores. Some lenders offer personal loans even to individuals with bad credit. You may have heard of personal loans for bad credit. This means that if you borrow and repay the loans in time, your score will improve gradually. That is why individuals are often advised to borrow loans and repay them in time while building credit. You have so many borrowing options in this regard. Look at the Best Lowest Payday Loan Singapore and apply it in case you need instant. It can help improve your score.

So, what happens when you don’t repay the loans in time? Notice we said credit agencies use your payment history to compute your score. Therefore, if you do not make payments in time, your score will dip significantly. This is something you should never allow. Lenders are aware there are unforeseen circumstances that happen and render you unable to make a payment in time. Whenever you anticipate this possibility, talk to the lenders in advance. Trust me your payment schedule might be adjusted, though at a fee.

Debt Consolidation

Debt consolidation is one of the effective strategies individuals use to manage debt. Having a lot of payments every month can actually be overwhelming. Incontrovertible, the chances of forgetting the due dates of payment are quite high in case you have to make a lot of loans to pay. But this is exactly where debt consolidation comes handy. Imagine you are making four different payments every month for your credit cards to clear the outstanding balances on them. This means you have four different interest payments at different rates every month.

You can take one personal loan, which is a debt consolidation loan that is sufficient to pay off all the four credit cards and then repay the loan every month with one payment. So how does this help improve your credit score? Well, by making the payments and paying off the credit card balances, your credit score will improve. There is yet another benefit. If you can get a debt consolidation loan with a lower interest rate compared to the rates you are paying on the four credit cards, you will be able to make a lot of interest savings.

Credit Building Personal Loan

Some personal loans can be used primarily to build credit. Loans used for this purpose are referred to as credit-builder loans. How does this work? Well, a borrower is required to make fixed payments every month on the desired loan. Once the loan amount plus the interest is paid, he or she can gain access to the funds. Once you are done with the payments, you would have already built credit through the monthly payments. The funds will then be yours without any restriction. You can also try a credit builder credit card and link our article: Credit-builder-card-everything-you-need-to-know

Personal Loans Allow a Borrower to Use a Co-Signer

In case you have bad credit, you can look for a friend who can co-sign the loan for you. The point here is that going to mutually share the loan responsibility. In case you default, the co-signer will be held personally liable for the loan. But why think of defaulting when you want to build your credit? Co-signing a loan is also among the most effective ways of building credit. The payments made are usually reported on both you and the co-signers credit profile. This means that the technique will improve credit for each one of you.

A personal Loan Can Help Lower Your Credit Utilization

We have already explained how debt consolidation loans can help improve your score. Credit utilization is closely related to the debt consolidation technique. In case you have used a personal loan to pay off all your credit card outstanding balances, the credit utilization on all the cards will definitely drop. Keeping your credit limits open serves as a catalyst in improving your credit score. Credit utilization is also one of the factors used to compute credit scores. To maintain or raise your score, you should keep your credit utilization limit at a maximum of 30%.

Allows for Credit Mix

A credit mix is also considered in computing credit scores. It usually accounts for up to 10% of borrowers’ credit scores. The point here is that lenders want to be certain you have the ability to deal with different types of credit in a responsible way. Just single or two types of credit cannot help you.

The Bottom Line

There are different ways of improving the credit score. Personal loans can help in at least six ways as discussed in this blog. If your goal is to build credit, you will do your best to avoid financial habits that can hurt it. In our next blog, we will discuss the focus on that.
[…]
6 Signs Your Debt Has Become a Problem
How to Manage Your Credit Card Repayments with a Debt Consolidation Loan
How To Manage And Regain Control Of Your Family Finances

This post may contain affiliate links and I might receive compensation if you make a purchase after clicking on a link.

February 2, 2020September 12, 2020

Safety Tips to Help You Avoid a Vehicle Accident

People who’ve never been in an accident before may not fully comprehend how devastating an accident can be. Not only could you suffer physical pain, but you could also deal with a permanent injury, financial losses, mental trauma, and other difficulties associated with your accident.

If someone else caused your accident, you might consider talking to a Charlotte car accident lawyer to receive assistance with filing a car accident claim. The person who caused the accident could be required to pay you compensation for causing the accident.

If you would like to avoid being in an accident, there are some things you can do. While you can’t prevent every accident (because you can’t control the actions of others), you can prevent some accidents by following safety advice.

Tips for Avoiding a Vehicle Collision

You can decrease your chances of being involved in an auto wreck by following safety tips. Here are a few vehicle safety tips below.

Never Drink and Drive

This tip seems obvious, but it’s important to be reminded of it once in a while. People often get complacent, and they come to believe they are invincible. They forget that their actions have consequences and their actions affect others. Never drink and drive, because you are mortal. You can be injured or killed in an accident.

Additionally, you want to watch out for drunk drivers, because they’re always out there. Keeping an eye on other drivers can help you avoid an accident. Don’t just drive nonchalantly, oblivious to the dangers around you. Be proactive about your safety, and you might avoid an accident.

Put the Phone Away

Distracted driving is becoming as dangerous as drunk driving. Taking your eyes off the road can be worse than seeing the road through blurred or double vision.

One easy way to avoid being in an accident is to never engage in distracted driving. Cell phone use is obviously one of the worst forms of distracted driving, but there are other forms. Putting on makeup, changing the radio station, or eating while driving is all a few forms of distracted driving.

Keep Your Eyes on the Road

Did you know that roads themselves can be dangerous and cause accidents? You are probably told all the time to watch out for reckless drivers, but how often are you told to watch out for the road? The road can be just as hazardous as dangerous drivers.

Potholes, poor sight lines, unsafe intersections, and other road issues can lead to accidents. Make sure you consider the road you’re driving on and pay attention to danger zones.

Don’t Drive Drowsy

Life is hard, and you can get tired at the end of a long day. Or at the beginning of a long day, really. Driving while sleepy puts yourself and others in danger.

Make sure that you get enough rest before setting out on a trip. If you find yourself feeling sleepy, pull over and get some rest or some coffee. Don’t try to push through it, because you might not make it to the other side.
[…]
Figuring Out Who Is at Fault for Your Car Accident
What Happens When You’re Hit by a Distracted Driver?

This post may contain affiliate links and I might receive compensation if you make a purchase after clicking on a link.