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Tuesday, October 24, 2006

What Makes Streamlinenet the Worst ISP In the World?

What Makes Streamlinenet the Worst ISP In the World?

Possibly it is their customer "service". On their site they publish a telephone number, which is the number of their telephone support. When you dial the number you get a recorded message telling you that they do not do customer support by telephone.

That's possibly what makes Streamlinenet the worst ISP in the world.

However, they do have a form for sales enquiries. When you fill in the form (taking care to fill in all the fields) you are sent to an error message page that tells you that they do not support this form and you must open a ticket.

That's possibly what makes Streamlinenet the worst ISP in the world.

Customer support tickets are usually - but not always - responded to within 24 hours.

That's possibly what makes Streamlinenet the worst ISP in the world.

Streamlinenet describe themselves as a low cost ISP, and yet they charge you extra for basic things like visitor logs stats and MySQL databases that other ISPs give you for free as part of their package. The result is that Streamlinenet becomes more expensive than any of the other decent ISPs if you want a reasonable service.

That's possibly what makes Streamlinenet the worst ISP in the world.

At the time of writing I cannot get into the control panel of one of my domains hosted with Streamlinenet. This is because the password does not allow me access. I queried this and instead of replying constructively they wished me success with my new website.

That's possibly what makes Streamlinenet the worst ISP in the world.

I still cannot gain access to the control panel of my site.

That's possibly what makes Streamlinenet the worst ISP in the world.


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Friday, October 13, 2006

0 Interest Rate Credit Cards

This article aims to tell you the awful truth about how credit card suppliers designate the month's repayment in their own favor by creating various levels of "cash importance" predicated on the various interest rates that the banks charge, so that users of 0 interest rate credit cards will inevitably be punished for borrowing, no matter what they do. This article shows the reason it is crucial to replace your credit card as soon as the opening 0 interest rate credit card term comes to an end.

A major card provider recently mounted a television advertising campaign that zooms in on the awful truth that most suppliers designate peoples' usage of their cards into particular categories then associated a particular interest rate to each one. These different levels were calculated upon the spending of typical credit card users. These include users of 0 interest rate credit cards.

According to the advert, most credit card companies expect that the card holder will start use of the new credit card by transferring a balance for an average period of nine months (though of course this will vary). The deal will be at 0 per cent interest for that introductory period. The credit card holder will often make a new purchase using his or her credit card that will typically attract a rate of approximately 15 per cent.

The card user may typically then use their 0 interest rate credit card for getting out some cash. your interest rate for cash is higher than the rate charged purchases, and this is typically between 15 and 19 per cent but may be as much as 23 per cent.

Now here is where the sleight of hand comes into play. As the monthly payment comes around, the 0 interest rate credit card supplier will ensure the less costly purchase items are at the head of the list when the time comes to pay the minimum, or whichever proportion of repayment has been decided by the card user.

Thus the costlier parts of your credit card account - normally the cash borrowing - is put right at the back where it will rack up compounding more interest charges, and where that interest is compounded and carried forward when interest is charged to existing interest (we all know how it works, don't we?)

your 0 interest rate credit card user may think that they are paying off everything in a uniform manner, because everything will balance out in the end. But of course that is not what is happening. Because the credit card company will tend to put the least costly portion to be paid off first, while the costlier items just sit there burning a hole in your pocket.

The more expensive components will always be the last to be paid. In an average situation, for the nine month usage of this 0 interest rate credit card all the monthly payments will be used to pay the interest-free segment while the more expensive purchase (or cash) borrowing clocks up the interest.

Crucially, the interest-attracting component is treated by how much interest it attracts, and the more expensive parts will always be at the back, paid off last, if at all. Last to go will be the cash borrowing component, with its own huge rate of interest. It is ironic to think that the longer the 0 interest period, the longer the interest will clock up! Then when you add on the charge that most 0 interest rate credit cards charge nowadays for making that balance transfer, you begin to see why the credit card companies are making so much money.

The only answer to this is to get rid of the 0 interest rate credit card when the time comes and transfer the entire balance to a new card. The entire balance. Based on what we know the banks will do, that is the only way out. No exceptions.


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Saturday, October 07, 2006

The Truth About 0 Interest Rate Credit Cards

This article shows you how banks divide the month's repayment in their own interest by allocating various levels predicated on varying interest rates, so that users of 0 interest rate credit cards will invariably be punished, whatever action they may take. This article also shows the reason it is essential to completely replace the credit card when the opening 0 interest rate credit card time comes to an end.

A leading financial provider recently started a TV campaign which homes in on the horrible fact that a lot of card issuers designate peoples' usage of their cards into different groups then associated a different charging rate to each. Such people hierarchies were worked out using the spending of typical credit card users. Such people include users of 0 interest rate credit cards.

If you go by the advert, a lot of credit card issuers expect that the card holder will start by making a balance transfer for a period of 39 weeks. This will be set at 0 interest. The card owner will then make a new purchase with this new credit card which will on average draw a rate of around fifteen per cent.

The credit card user may typically also deploy the 0 interest rate credit card for getting some ready cash. the interest rate for withdrawing cash is higher than the interest rate for purchases, and this is on average between 17 percent and 19 per cent but which could be as high as 23 per cent or over.

Here's where the hierarchy strategy begins. When it comes to the monthly payment, the 0 interest rate credit card card issuer will put the less expensive transactions first when the time comes to make the minimum payment, or whatever level of repayment has been decided by the card user.

So the costlier parts of the credit card usage - and that's usually the cash component - is effectively ignored as it racks up compounding more interest, and where all that interest will be further compounded and lumped on when interest is charged to the existing interest.

the 0 interest rate credit card user might think they are paying off their debt in a uniform way, which is an understandable assumption to make. But that is not what is happening at all. Because the credit card company will tend to put the less costly parts first in the payment order, allowing the costlier elements to burn your money away.

So the costlier parts of the account will always be last to be paid. In a case, for the nine months usage of this 0 interest rate credit card all the monthly repayments will be used to pay off the 0 percent interest portion while the more expensive components clock up the interest.

Crucially, the part that attracts interest is treated according to just how much interest it attracts, with the more expensive at the back, racking up the interest, paid off last. Last to go will be the cash component, with its massive % or whatever it is. The bitter irony here is that the longer the so-called interest free period of grace, the longer the length of time this amount is allowed to rack up the interest! Then when you add on the charge (typically 2% of transfer) that most 0 interest rate credit cards nowadays charge for making that transfer, then you know why the credit card companies are making so much money out of us.

The only credible solution is to dump the 0 interest rate credit card when the time comes and transfer the entire balance to a new card. That is the only way to do it. To do otherwise is to invite a cycle of endless debt.


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