It is easy to get into the credit card game. We had cards that had 0 to 5 percent interest rate. We would pay them off make double payments and had great standing with the credit card companies. We had cards for years then just overnight we got hit with 30 percent int. rates payment increases and cards cutoff or lower amounts that can be used.
This all came with no warning.

Our first mistake was taking from CDS and 401 k to pay them off and making home loans. All this did was threw us into a higher tax bracket and the income tax rate us alive. We decide to file bankruptcy and surprise the amount to pay back in bankruptcy was more than what we owed on the cards and payments higher each month.
If we had it do to over again we would cut a deal with the card companies, quit paying and wait for them to make you an offer usually half or less of the debt. Yes it may be counted as income but in the long haul the taxes on that for
one year is less than all the other options.
Card companies will not deal until you have not paid them for about 3-4 months then they will offer to settle for an amount give it a month or two and see if they send another offer if not then call them and take the deal
say you have 10,000 debt on one card they will usually offer you anywhere from 4500 to 6500 pay off .Now you may have to take the difference as taxable income . Most card companies will let you pay out the amount you settle for
Another card you owe 1000 on may settle for 300 to 500 again you claim the difference as income
This is better than taking a 401 k and being hit with a 10 percent penalty then jave it added as income throwing you in a higher tax bracket and then not having the 401 k for the future.

Credit card consolidation is one of the best options to get out of debt. You can either do it on your own and approach creditors or take help of the debt help professionals. However, experts suggest that if you have a huge outstanding debt balance to deal with, it is always better to seek assistance of professionals offering debt relief. This is because they know the manner in which the creditors deal with debtors or debt relief companies. So, debt help professionals are the best people to make you debt free.

Debts pose to be a big problem if they are not managed in a proper way. It is very common to fall into debt because there are so many unforeseen events that we have to encounter that drains out our cash. It may be a medical emergency, marital separation, fixing a car etc.

Consolidate credit card debts with professional assistance

When you consolidate your debts, you replace your multiple debt accounts with a single account that makes managing your debts easier. You can hire the services of a credit card consolidation company to consolidate your debts. This firm will talk on your behalf with your creditors and negotiate with them so that you can enjoy reduced rate of interest and consequently lower monthly payments. A repayment plan will be prepared taking into account your convenience in making monthly payments.

Non profit debt consolidation firms are equally good

If you are unable to hire the services of a debt consolidation firm due to financial shortfall, you can take assistance of non profit debt consolidation firm that can help you in credit card consolidation. These companies do not charge any fee or may charge very nominal fees. They operate with the help of donation received.

Debt consolidation loan- your other credit card consolidation alternative

You can either opt for credit card consolidation with the help of a debt consolidation firm or you can take out a debt consolidation loan. You take out a debt consolidation loan of an amount that is equal to the amount of outstanding balance of individual debt accounts taken together.

You can take out a consolidation loan that can be secured or unsecured. If you are using collateral, in majority of the cases, debtors use their homes, it is a secured loan. The interest rate is less because you are using security.

On the other hand, if you are not using collateral, the interest rate you have to shell out is very high. Since you may default during the loan term in future, the high interest rate is usually used by creditors as security.

Whether you are taking help of a credit card consolidation program or a debt consolidation loan, there are many benefits you can enjoy. The important ones being enjoying lower interest rate and hence lower monthly payments, you get a repayment plan that will make your payments affordable and manageable. Your credit score improves over time and finally you get a debt free life.

Margin – Suppose you need to purchase a share which you wish to square off the same day. That time you purchase it on MARGIN, but remember it is dangerous because if you purchase in margin means the shares you compulsorily have to square off the same day before 2:55 pm else Reliance Money will do this for you…Its better you sell them by your own because at the last moment they will sell it in market.
There is also one thing when you purchase on margin and before 2:55 pm you are not in a position to square off and you have a sufficient balance in your ledger you can convert it to delivery…

Delivery – The share which you wish to keep for a short or for a long term, then you can buy it on delivery…
Remember the shares you purchased on delivery will reflect into your Demat only after t+2 days (Date at which you Trade plus 2)

ATST – The shares which you have purchased on delivery can be square off the next day through ATST side…
ATST means Acquire Today Sell Tomorrow same as BTST – Buy Today Sell Tomorrow.
But rememeber there are also scripts which cannot be sell at the next day…
They fell into “T” or “Z”group…