Credit card debt negotiation can be a very tough task. If not done carefully it will clearly not lead to the desired result. To pay off a huge debt is a hard job to accomplish, and who would not want a negotiation on the debt that has to be paid? But there are a few rules which one must keep in mind while doing the credit card debt negotiation.

There could always be chances that one might get their interests negotiated unlike what many people think. Always remember that some people have the ball in their court and not the company. They want money back from you at any cost and that is their primary motive which is also their weak point that one must target. Another factor that could help you, the customer, is that there is a lot of competition in market. Some companies want you at any cost as the money they make from the interest that you pay is tremendous. The company wants to make as much money as possible and would want as many customers as possible. They would have to maintain a good reputation in the market and this is how the competitiveness can work in the favour for your credit card debt negotiation.

If one has being paying off credit card debts for some installments, there could be chance for the credit card debt negotiation, the bank might give you lower interest rates. These can range from 1-2% less than the average interest rate of the country. Also one can negotiate for better repayment plans than the existing ones. Obviously the bank would prefer that their money comes back to them slowly rather than money not coming back at all. However, this credit card debt negotiation works only if one has not been paying the previous installments. If one is good at negotiation then one could get rid of the late payment fee, using ATM fee etc. But there are of course a few companies which will not budge on the ground rules they have. One should always keep their eyes open for various offers like zero interest rates, lowering of interest rates on existing loans or on balance transfers. Never get onto these offers directly as they can be used as a weapon at a later stage. Always first ask for lower interest rate and then slowly jump onto these plans. This could definitely be one of the ways to get out of credit card debts.

If none of the above works then one can lure the bank that you can take another card and get your balance transferred to another card with a lower interest. The best way to get away with this one is to keep an alternate card offer with you. If one does not have any, then you could research on them and then go for the negotiation. Credit card debt negotiation is a very tricky work. But keeping in mind some of the tips mentioned you can definitely pay off credit card debt more easily and quickly.

It was my birthday and as expected I got a call from Ashay saying Happy Birthday to me. I always wonder how he can remember so many birthdays. Everyone receives his phone call for birthdays and anniversaries.

I must accept that I cannot remember birthdays of people except some near and dear ones. How can somebody remember all the birthdays of all the people you meet? This was a mystery for me for many years, until this year. This year I decided to ask Ashay the secret of his memory.

“Hello Ashay,” I called him, “Can I ask you one question?”

“Yes why not?” said he.

“How can you remember so many dates so perfectly?” I asked, “I have heard many people say that Ashay wished me, and he almost remembers all the dates for his friends and family.” My curiosity was pouring out of my words.

“Friend, you will have to come down to my place to know the secret,” he said.

“Do you mean you have a secret?” I was amazed with the answer and also got relieved that Ashay must have something which I can also acquire. “Are you free now? Can I come right away?” I couldn’t stop but to ask him this with impatience.

“Certainly friend, come over, we will have a cup of coffee while I show you my secret,” Ashay said and we hung the phone.

I was more than happy as I finally asked him how he manages remembering so many dates. Now I was on my way to learn something, or maybe get something by which he does this fabulous thing.

I rang the door bell to find Ashay opening the front door. “So where is the magic lamp you posses, which gave you so much magical powers Ashay?” I asked with curiosity.

“This is no magic friend,” he said smiling mischievously and took me to the wall where a calendar was hung. He pointed towards that calendar and asked me to observe it.

It was a calendar dated 1998. Old calendar indeed. It was having current month set. I could see all the dates with names on them. There was today’s date with my name on it. Wow Ashay had maintained a calendar since 1998 with names on the birthday dates. What a simple journal to maintain. I was really amazed with the trick he was following since so many years. There were almost most of the dates filled with names. Some dates were having two names joined with equal to symbol.

“What is the equal to symbol Ashay?” I asked.

“Simple”, said he, “Those are the anniversary dates with two names joined with an equal sign.”

“One question?” I interrupted him.

“Yes.”

“There are too many names on this calendar. Do you really call all of them?”

“No, man,” he explained, “Some are very far now, some have lost the contact. This journal just reminds me of the birthdays and anniversaries of current month. I choose who to call. So the names still in contact and in good faith are chosen to be called.”

“And you know what”, he continued with enthusiasm, “This journal also reminds me all the names I was in contact with some day or other and also helps me remember and find our past friendships.”

What a simple thing to do and yet so powerful I thought after seeing this. The coffee was good. I was imagining the power I will possess just by maintaining such a calendar journal with me. All my friends and relatives will be so happy when I will call them on their important dates. The thought itself made me happy and this was a great birthday present for me from Ashay this year.

If you are raising capital from a number of potential investors a perfect presentation could be a key component of achieving your goal. Over 150 investor presentations given in the past decade concluded in raising millions of dollars of equity capital and millions of dollars of debt equity provides a good basis for understanding how to deliver a superb presentation.

What does experience say about a good investor presentation?

1. Clearly describe the investment.
2. Clearly define what you will ask of the investor and how much they can invest.
3. Describe the time frame for the investment.
4. Explain how the invested capital will be held prior to closing the investment.
5. Define what the investment life will be and what return to expect.
6. Describe how the project(s) will be managed.

Describe the background and experience of the principals. Where they worked, accomplishments, investing experience, significant volunteer work and so on can be included. Some interests and personal information is good to add as it makes the principals into people and causes them to have color and depth in your presentation.

Return tables, sources and uses, and pro forma tables are critical components of the presentation. All of the information above should be included. However, the meat of your presentation should be the things like:

• How much money the project will make, why that is reasonable, and what could effect it.
• How much money the project will cost, why that makes sense, and what may impact the costs.
• How risk is being managed and why this is a really smart way to do so.
• How opportunity is being captured and why this is the smart way to grab the brass ring.
• How you will manage the project.
• How you will market the project.
• How you finally get the investors capital out of the project.
• What you will do to keep the investor completely in the loop on the project.

These items in a top line sense are the “features” of your investment. From the features, you should be talking advantages of the investment. Finally you hit the emotional button. Your presentation should be heavy on emotions for why investment and those emotions should be backed up with great graphics that say the same thing in a very visceral way to your audience.

With all this in place, you have created a compelling investor presentation that explains what the investor is getting into, all the great reasons they are doing it, and why is such perfectly exciting and wonderful thing for them to do with their money.