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INFORMATION

So what sort of Loans are you looking for
and as important where do you want to live?


Are you a personal banker, quantitative analyst, sales executive, or wherever your work experience and objectives are, finding a good employer, a nice environment to work and live is critical to everyone’s happiness and wellbeing

Have you already looked at all sorts of Loans and finance?

Lets cover off Midland first. Midland is a city in Midland County, and its county seat, located on the Southern Plains of the western area of the U.S. state of Texas. A small portion of the city extends into Martin County. As of 2008, the population of Midland was 106,561.

Midland was originally founded as the midway point between Fort Worth and El Paso on the Texas and Pacific Railroad in 1881. The city has received national recognition as the hometown of former First Lady Laura Bush and the childhood home of former President George W. Bush.

Once a small town based on farming and ranching, Midland was forever changed by the discovery of oil in the Permian Basin.

Today, the Permian Basin produces one fifth of the nation's total petroleum and natural gas output.

Midland's economy still relies heavily on petroleum; however, the city has also diversified to become a regional telecommunications and distribution center.

Because of the revival of the energy-driven economy, a move is currently underway to bring mixed-use development to the downtown area. This has resulted in the on-going demolition of several older buildings and the plans for replacement of several more.

At the beginning of 2008, the Permian Building and Gihl's Tower were demolished. Today, there are parking lots where the two buildings once stood. On November 8, 2008 the 14-story Midland Savings Building, built in 1959, was imploded. The building once housed Texaco's Midland office, which later moved to the Heritage Building.

Crews have since begun the demolition of the Metro and First National Bank buildings, located on the same block.

The Summit Building, 300 N. Marienfeld, in mid-2008 became the first building in the Midland area to be depicted on Google Earth in a 3D mode.

Midland has been home to a number of people of note, including actors Woody Harrelson and Tommy Lee Jones, but must noticeably is the home city of former US Presidents George Bush Snr and George Bush Jnr and their families. [Next]

 

And what about that Credit card?

A problem called '‘Credit Card Debt'

Credit cards are no more a luxury, they are almost a necessity. So, you would imagine a lot of people going for credit cards. In fact, a lot of people posses more than one credit cards. So, the credit card industry is growing by leaps and bounds. However, the credit card industry and credit card holders are posed with a big problem called ‘Credit Card Debt’. In order to understand what ‘credit card debt’ actually means, we need to understand the workflow associated with the use of credit cards as such.

Credit cards, as the name suggests, are cards on which you can get credit i.e. make borrowings (your credit card debt). Your credit card is a representative of the credit account that you hold with the credit card supplier. Whatever payments you make using your credit card are actually your borrowings that contribute towards your credit card debt. Your total credit card debt is the total amount you owe credit card supplier. You must settle your credit card debt on a monthly basis. So, you receive a monthly statement or your credit card bill which shows your total credit card debt. You must pay off your credit card debt by the payment due date failing which you will incur late fee and interest charges. However, you have the option of making a partial (minimum) payment too, in which case you don’t incur late fee but just the interest charges on your credit card debt. If you don’t pay off your credit card debt in full, the interest charges too get added to it. So your credit card debt keeps on increasing, more so because the interest rates on credit card debt are generally higher than the interest rates on other kind of loans/borrowings. Further, the interest charges add on to your credit card debt each month to form the new balance or the new credit card debt amount. If you continue making partial payments (or no payments) the interest charges are calculated afresh on the new credit card debt. So you end up paying interest on the last month’s interest too. Thus your credit card debt accumulates rapidly and soon you find that what was once a relatively small credit card debt has ballooned into a big amount which you find almost impossible to pay. Moreover, if you don’t still control your spending habits, your credit card debt rises even faster. This is how the vicious circle of credit card debt works.

   

 
 
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