Earlier today I posted about TimeDriver – an automated, time broker to help schedule one-on-one meetings – only to stumble upon a similar service called TimeBridge this afternoon. I told you there are a lot of time management sites out there.
Unlike TimeDriver, TimeBridge is a meeting negotiation product allowing for multi-person meetings and allows the attendees to vote on the best time to meet.
So how does it work? The organizer sends out several proposed times for a meeting, and the site will coordinate the replies of attendees until everyone agrees on a single time, at which point it will lock in the agreed-on time for everyone and release the tentative hold it had on the alternate spots. The interesting feature is the ability of attendees to flag a specific time as the “best” time for them, which the system considers a vote when identifying the meeting time.
TimeBridge does integrate with Outlook and includes a very handy “Reply with TimeBridge” option that it adds to Outlook if you install the add-on. If someone sends you an email about a meeting, you can use this option to transfer the discussion to the TimeBridge system. All this while syncing up with your Outlook calendar so is it aware of available times.
Given the current declining trend in the housing market, some lenders have chosen to not only exit the Home Equity Line of Credit (HELOC) business but also to freeze their existing customers' lines. What does this mean for me?
If you have a HELOC with a lender who has decided to freeze their current lines, some impacts are rather blatant while others may not be so obvious. The obvious part is once your line is frozen, you are unable to make further advances. This could place you in a huge bind if in fact you had plans to use your HELOC for future home projects, a wedding, school expenses, vacation, or the like.
What's not so obvious? Well behind the scenes, when a lender decides to freeze or close your HELOC one of two things can happen. First, if you have no outstanding balance, the creditor will likely report to the credit bureaus (Equifax, Experian, and TransUnion) that the loan was closed by the credit grantor. Although this was closed due to no adverse action on your behalf, this is not a desirable notation on your credit report. If you have an outstanding balance, the creditor will likely reduce your credit limit to match your outstanding balance, which looks as if you have maxed out your credit line. Having a maxed out credit limit is also undesirable.
Having accounts that were closed by the credit grantor as well as having credit limits that are maxed out both impact your credit score. So, not only are you unable to use your credit line for future uses, your credit is also being tarnished by the lender's decision to exit the market.
What's next? Well, you have options. Not all lenders are exiting the market; in fact many lenders are still actively seeking this business. It would be wise to find a lender who is interested in your business. Refinancing your credit line will allow you to not only have the line of credit for future purposes but will also lessen the negative impacts of your lender's decision.
Anyone else getting bombarded by callers (and mail) offering extended warranties on your car because yours is about to run out and this is the FINAL offer, over and over again?
I’m sure you are, I think this is one of the biggest marketing blitzes launched in a long time. I’ve tried opting out of the calls, I tried to speak to someone in management but they do not permit that. They have the whole thing very well rigged so that you can only get to them if you are buying. I even tried pretending I was buying and as soon as I asked who I could speak with about the calls, they hung up. I was glad to read the following information; maybe this will be of help to you too.
The Maryland Attorney General’s office has this to say:
Consumer Alert: Be Wary of Offers for Automobile Extended Warranties
The Attorney General is encouraging consumers to hang up if they receive unwanted telemarketing calls, and beware of any offers of extended warranties. If consumers receive calls on a phone that has been registered with the national “Do Not Call” database, they should provide information on the callers, including the identity of the caller and the number from which the call was placed, to the Consumer Protection Division. Consumers who wish to add a phone to the “Do Not Call” database can do so by calling 1-888-382-1222. The marketing mailings may appear to be an important notice from the consumer’s car dealer or auto manufacturer. There is always an eye-catching warning on the front of the card, such as: “Final Notice: Expiring Auto Warranty.”
Visit the AG’s site to learn more: http://www.oag.state.md.us/Press/2008/071408.htm
It’s bad enough getting those calls at home but now they call at work and on my cell! Oh well, I guess it’s entertainment for lonely shut-ins.