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Debt negotiators are often a bad idea for average consumers that are in financial trouble. There are scores of people in debt so the industry is wide open for a good debt negotiator. This can lead to problems and scams.

The debt negotiation industry was started in the 1950s when consumer and credit card debt greatly expanded. In the 1970s, consumer debt was reaching record levels and by the 1990s, credit counseling services, debt negotiators, consolidation loans and other services were being offered.

Banks, finance companies, private businesses and other entities were investing into these schemes. When the United States economy weakened after September 11, 2001, many of the businesses dropped off leaving the customer in peril.

One of the main reasons for the economic mayhem around the world was attributed to the credit crisis. Interest rate had been at record lows making it easy to offer better terms on loans, credit cards, mortgages and other contracts.

Refinancing and restructuring became commonplace for folks burdened by arrears. Debt reduction is an attractive alternative to bankruptcy. All of a sudden, the financial institutions decimated the credit markets and nobody could get money. Now, there are very few consolidation loans to be had and obtaining working capital has been difficult.

This is a problem with debt negotiation. Because of the macro economic mayhem, obtaining helpful consolidation loans is nearly impossible and further limits consumers making bankruptcy inevitable. Another drawback to debt negotiation is that sometimes companies that administer debt management plans do not follow through with the financial lenders and the customer is left hanging.

Often, they wind up in worse shape they had been before the debt restructuring. There were many stories on the national news in the 1990s where debt negotiators advertised, consumers signed contracts to restructure the debt but the debt management companies took money but did not pay the creditors leaving the consumer with a trashed credit file. There have been more regulatory actions to thwart this but many people have been damaged from this.

Debt negotiation is bad for the financial company also. Obviously, they are not getting all the money from the original contract, but the customer is not serviced very well. The initial business plan for the individual customer has not followed the proper course and the relationship is severely damaged or completely lost.

Many financial institutions are just realizing that a failed contract that leads to collection or legal action leaves a path of destruction to the business reputation.

The best thing for the credit card company or lending institution is for the customer to obtain the credit, pay it on time with very little lateness and avoid issues. The best thing for the borrower is to NOT use the credit for anything except for purchasing a home (on good terms) buying a car, or going through college on student loans.

They should only go into debt for an education if absolutely necessary! There are many grants, scholarships and work/study programs to pay for schooling. People should learn to conserve resources and protect them. Credit is only a resource and when abused, will lead to financial ruin that will cause hardship.

Buying a good birthday present need not be a big task however it can prove to be much more difficult than people think especially if they are not given any direction from the person they are buying it for. So how does one not spend a fortune but still deliver a gift that not only does the person like but also gets lots of enjoyment out of?

By addressing the issue of what is an adequate amount of money to spend on someone is generally a good place to start when it comes to buying a birthday gift as many people tend to believe (wrongly) that the more a gift costs the better the gift. Now for some people out there this is the case as they tend to define things by the price tag rather than the thought or the actual gift itself.

Surveys have shown that the actual cost does not make a big difference to a person so if one is operating under quite a tight budget do not be put off as there are plenty of good options out there to select from. Now a good amount of money to spend on a birthday gift for someone close is anything above forty pounds but below one hundred pounds.

Now if a person is blessed enough to be able to afford to spend more than one hundred pounds that is great and they can still take the advice off the gifts below but perhaps can spend extra on slightly more prestigious brands.

A gift that is absolutely ideal for a quality birthday gift that has been around for a while but is still a classic is a watch. Now this may not seem such a special idea but it really is as it is explained here. The main reason is there are many quality brands of watches out there on the market such as Fossil watches. These types of brands regularly produce new innovative and fashionable designs making them a good gift to go with a person’s wardrobe. Also these kinds of brands have lots of competition between themselves meaning that pricing is extremely competitive which gives a person plenty of options in terms of what they want to pay. Finally it is a gift that shows a lot of thought has gone into the idea and also it is a gift that a person cannot just use once or twice but use all the time for work events, work itself or social occasions.

Now if a person already has a good quality watch all is not lost as the term second watch is a very good idea. Normally a person will only have the one watch and it will either be formal or casual. Depending on what they have will determine which style of watch that is bought for them as their second watch. So if they have a casual watch for day time then one can buy them a formal design from Fossil watches that they can use for work and nights out.

The remarkable thing about having powerful presentation skills is that they “trickle down” to all of your interpersonal communications, whether in meetings, interviews, or even phone calls. So mastering the tough skills of standing up and standing out in front of a crowd also means you’ll have the ability to stand out in all your interactions. There are a handful of qualities that consistently do give you stand out status. Doesn’t matter how smart or talented or attractive you are-universally, these attributes can make you the kind of person that other people want to know, work with and do business with.

One powerful such attribute is “look em in the eye.” In our culture, eye communication is correlated with trust and credibility.

What do you think about those who can’t look at you while talking to you? At best, you might assume a lack of confidence or knowledge about what they’re talking about. At worst, you may think they’re lying. Neither are particularly desirable assessments! And turn it around. Suppose you’re the one talking and your listener is not looking at you. How does that make you feel? At best, you might feel like you’re not being listened to; at worst, it sends a signal of disinterest and disrespect. That’s certainly not conducive to good communication.

I do an exercise in my training workshops where I pair everyone up into partners, A & B. Each pair has a conversation where A talks and B listens. However, at a signal from me, B must break eye communication. What happens next varies from workshop to workshop, but it always has one of these results: (1) the room goes silent as all the As get so derailed, they stop talking, (2) the volume level increases substantially as some of the As talk louder to get the attention of the disengaged Bs, or (3) there’s hilarious laughter as the As realize they can’t communicate with B if B isn’t looking them in the eye!

In a workshop I did for a printing company, a participant, who happened to be the group’s manager, spoke up during the debriefing of that exercise and announced, “This was a life-changing event for me.” Wow. I asked her to explain.

“Well, I have always prided myself on my ability to multi-task. I could be proofing a galley and typing a memo, and if an employee came into my office, I could still listen to whatever they had to tell me without breaking stride on the other stuff. But what I just learned is, it doesn’t matter whether I’m listening to them or not. The perception is that I’m not. And I don’t want to make it hard for my team to communicate with me.”

The rest of that story is, several years later, I ran into this manager at a social event. I told her what a strong impression her admission had made on me all those years ago and asked her if it had truly guided her communications after that. She assured me that it had. And, by the way, she had in those few years, become one of the partners of the company. All due to being able to look people in the eye? Who knows? But it’s clearly an important “stand out” skill.

Here’s a great way to remember its value: “eye communication” insures you’re not having “I communication.” The ability to look someone in the eye — whether you’re talking or listening — conveys an interest in the other party, which makes that person feel special, appreciated, listened to. Keep in mind, I’m not talking about a stare-down. It’s natural to occasionally break a gaze, to glance at notes, to raise your eyes in thought. But when your eyes are primarily focused elsewhere, it’s a huge disconnect. Eye communication is a strong connecting behavior. It instills confidence and trust.