Need to reduce debt? Directo's paycard can help.

Directo payroll cards can be an important tool for reducing debt. By signing up for direct deposit, money is in the bank on payday, rather than cashed, removing the temptation for unplanned spending. Billpay can be done automatically, saving money and time.

For those working on debt reduction using a plan such as the Dave Ramsey program, the paycard account will prove valuable as credit card or loan's monthly balance shrink, the minimum paid along with the extra amount gained from the snowball.

If you or your employees already have bank accounts, consider opening a low cost, secure Directo paycard account to manage your money as you go through the debt reduction program. From stashing $1000 away for emergencies to paying down creditors, Directo will be there every step of the way, ready to answer questions and provide help. Your money is safe with us, and now you can watch it grow. Learn more at www.directocard.com.

Is your Banker really your friend? It may be time to simplify with Directo

It occurs to me as more and more people are hurt by the economic downturn, their traditional 'brick and mortar', mainstream bank may not be your best friend. While the Congress and the Treasury are bailing out banks (who made too many bad decisions while cashing in big bonuses), who is helping you when you are trying your best to keep your financial head above water? Are mainstream banks looking out for you?

And what is the old adage? When you don't really need money, your bank would love to provide a new loan, mortgage or credit card? But when you are hurting financially, when you need the flexibility and financial assistance, the bank is all to happy to say NO to you and your loan application. Meanwhile to make up for losses, banks put their Overdraft and NSF program policies in high gear. Armed with sophisticated banking software, banks are ready and willing to pounce on your first mistake. This is not the time to be 'living on the edge' financially with your checkbook. One can easily run up $28 - $36 per occurance Overdraft and NSF fees when your checking account was short this month. Has this ever happened to you?

It may be time to consider simplifying your banking needs. Consider a low cost Directo 'checkless checking account' with its accompanying DirectoCash debit card. Rid yourself of high cost checks and the mounting associated fees. Get back in control with an account that doesn't care if your minimum balance is $10 or $0.10. Work with a company that understands there may be a better way to access your funds, without the customer 'no service' hassles of a big bank. Use the product to shop or take money at the ATM without NSF or Overdraft fees.

Is it time to simplify?
BH

Debit Card Skimmer

Recently I picked up a news video clip online from Yahoo News that illustrated how easy it was to steal debit card information using some slick technology. see video . The reporter does a great job reporting on the problem.

She also points to the problems with the recent hacking of RBS Worldpay's systems, whereby sophisticated scammers stole identification information and replicated customer's debit cards.

We all need to be careful about how and where we use our debit cards. The Directo paycard program instructions teach customers how to be careful. Our payroll card system processes and personnel protect customers at all time.

But you can never be too careful where you use any debit card.

- BH