In Trouble

In Trouble

                 Consumer often have a trouble when they couldn't pay the bill. There are several reasons why consumers don't pay between 48% are loss of income such as unemployment is 24% , when a person doesn't have a job ( unemployed) of course they don't have income and they don't  have the money then they can't make any purchase. Illness is 16%, a sick person certainly can't work and make money as well, even they need spend more for hospital treatment and other costs. And then other like a divorce, death is 8% if he or she death who will pay the debt bill . It make a trouble. And also 25% are overextension like Poor money management, emergencies, materialism, need for instant gratification. 20% are defective goods and services, 4% are fraudulent use of credit, and 3% are other. 

                  There are warning signs of trouble such as you don't know how much you owe, you often pay bills late, you get a new loan to pay old loans, you pay only the minimum balance due each month, you spend more than 20% of your net income (after paying rent or mortgage) on debt maintenance, you would have an immediate financial problem if you lost your job, you're spending more than you earn, using your savings to pay for day-to-day expenses. If you ignore some of these signs, then you will have trouble.

                 The First steps you must take if you can't pay your bills are Take another look at your budget, trim your expenses, limit all your expenses. Be realistic about what you can afford, never buy any goods and services if you feel unable to pay. Contact your creditors , tell them why you can't pay, that you intend to pay, and how much you will able to pay, you may be able to work out a new payment schedule, if possible, continue to make the minimum payments. For the others steps like Consilidating your debts, by loan consolidation you make only one payment, usually lower than the total amount of your monthly debt payments, best to use only when combined with credit counseling, if you own a home, consider your spending habits carefully before you take out a home equity loan, you could end up with a loan large credit card bills if you don't charge your spending habits. Fair debt collection practices, a debt collector must inform you, in writing, of the amount of your debt, the name of the creditor, and an explanation of your right to dispute the debt, if you dispute the debt, the debt collector must give you written proof of the debt. Wage garnishment, a legal procedure that withholds a portion of your earnings for the payment of debt. Car repossesion, your rights, you can buy back car by paying the full amount owed on it plus repossession expenses. Wage earner bankruptcy, you can get benefits such as you can sometimes salvage your credit, you can avoid being harassed by your creditors, by being required to draw up a budget and determine exactly how much you can actually afford to pay, you're forced into being realistic about your budget.

My reflection, I think it's better not to do what already there are warning signs of trouble because if the problem has appeared will be difficult for us as consumers, when we can't pay our debts so we will be billed debt collectors, even billed by force and even up imposed penalties such as imprisonment.  If you can't pay your bills are Take another look at your budget, trim your expenses, limit all your expenses. Be realistic about what you can afford, never buy any goods and services if you feel unable to pay. Contact your creditors , tell them why you can't pay, that you intend to pay, and how much you will able to pay, you may be able to work out a new payment schedule, if possible, continue to make the minimum payments. So, if we can avoid lest trouble in our lives.

Consumer Awareness

Consumer Awareness

         Consumer awareness is essential for consumer before deciding to purchase a product. First, Consumers should be more throughly find out product to be bought. Searching the brand of products that we want, quality of product, warranty from the store and the price of products on the market. So, we aren't deceived in the purchase transactions of products or services. There are several ways how to avoid being a victim such as don't be pushed into a decision we must think and think before making decision to buy a product or service, Request written information about organization and product or investment, don't buy anything on terms you don't fully understand, request the name of federal agency by whom the firm is regulated or registered, investigate the company or organization, find out about refund, return, and cancellation policies, don't believe testimonials you can verify, don't provide any personal financial information, if you must, hang up.

                Telemarketing fraud  is a form of scam businesses to consumers who buy a product by phone, email, or online scams. There are high pressure sales techniques like a insistence on an immediate action, offers that sound too good to be true, a request for your credit card number for any purpose other than to make a purchase, an offer to get your money quickly, a statement that a product or services is free, followed by a request that you pay something, claims of an investment that is "without risk", inability or refusal to provide written information or references about the company, product, service, or investment, suggestions that you should make purchase or investment based on "trust". Email or internet scams also have several common denominators such as request for personal information through emails or websites, request for money, offers of lottery or prize winnings, offers of jobs that are "too good to be true".

            There is one of experience a telemarketing fraud. The victim was Muhammad Bayu Nugroho (18th years old), resident of A. Yani street Seberang Ulu I, because his intention to get the phone with the type of Iphone 6 cheaply, Bayu even fooled Rp. 10 million. Until the end  Bayu make eventually report to the Police of Palembang. The incident began when he found an online shop with the name " Electronic Rezki" when he opened the site olx.co.id. the Iphone 6 sold for Rp. 750.000. He believe because the offender shows the address where he lived as well as evidence of other deliveries. Agree with the price, Bayu directly transferring the money to the fraudster. But unfortunately, after the money was transferred Bayu's dream goods never delivered. According to Bayu the fraudster said  if the goods order is currently being detained at the custom office, and Bayu must transferring Rp. 1.200.000 so he transfered again. However, not only there. The fraudster back requesting additional funding for the same reason, up to a total loss of Bayu reached Rp. 10 million. Bayu aware have become a victim of fraud after being told by his sister.
 

              From the experience above. So, our reflection are We must be careful when shopping through online sites. Because the fraud case trade through online sites have a lot of casualties and very often the case. And also we must consider any purchase carefully before signing a contract, Don't be deceived by letters that look official or urgent, read the letter carefully, think carefully before you attend a sales meeting, if you attend a sales meeting, don't sign a contract or give a salesperson a deposit right away, find out about the seller's reputation, if a salesperson makes claims that aren't in the contract, don't sign the contract, when you will get your first paycheck, the total cost of the work at-home program , the company's reputation. and if you have been a victim of fraud , report it immediately to the police

*source : http://www.tribunnews.com/regional/2016/02/12/beli-iphone-6-seharga-rp-750-ribu-bayu-kehilangan-rp-10-juta?page=1

The Influence of Advertising

The Influence of Advertising

         

              Advertising is a form of marketing communication used to promote or sell something, usually a business's product or service. Commonly used advertising techniques such as information, status, peer approval, physical attraction to others, hero endorsement, entertainment, independence, unfinished comparison.

                 I want to share my experiences about my desire to buy a product. The product is Smartphone. When my phone was broken and I couldn't find out any information quikly, I felt it was very difficult. I had to fend for my self to get actual information. So, immediately thought that I had to immediately buy a handphone. I count the number of my saving, because its still not enough so I borrow my parents's money to be able to buy a handphone. Then, I searched the smartphone that have the features I want. My parents told me to buy smarphone and have a quality that can be said to be durable and branded. So, can used up to 4 years and if I wanted to replace it with a new one using my own money when I has finished collage.

                 

                I searching for information on the various brands of smartphone and I found a lot of brosure, advertising that advertise smartphone that has advanced features . I read and compare multiple smartphone that I want. I compare Samsung Galaxy E5, Samsung Galaxy J5, Samsung Galaxy J7.  Samsung Galaxy E5 and Samsung Galaxy J5 have the same features but Galaxy E5 is more lower that Galaxy J5. J5 have a 5 MP front camera with flash, O.S. Android lollipop v.51, 13 MP back camera, 8 GB memory internal, 128 GB Micro SD, batteray Li-Ion 2600 mAh while Samsung E5 have a 16 GB memory internal, 8 MP back camera, 5 MP front camera without flash, O.S Android kitkat 44.4, 64 GB Micro SD , batteray Li-Ion 2400 mAh. So, if Galaxy J5 compared Galaxy E5. Galaxy J5 is superior than Galaxy E5. Next, I compare Galaxy J5 and Galaxy J7. If Galaxy  J5 compared Galaxy J7 . Galaxy J7 is superior than Galaxy J5 . The size of Galaxy J7 is 5,5 inch (-69,6% screen to body ratio), body dimensions 152,2 x 78,7 x 7,5 mm (5,99 x 3,10 x 0,30 in) , weight 171 gr, chipset machine Qualcomm Snapdragon 615 Exynos 7580, CPU Quad-core 1,4 GHz Cortex-A53 Octa-core 1,5 GHz, GPU Adreno 405 Mali- T720MP2 .

                     My Reflection, Before determining the products to purchase. We should searching for information about the product, can be through advertising of such product or we browsing internet. By advertising and browsing we become to know the advantages of the product before we buy the product. After I searching for information about Samsung Galaxy E5, Galaxy J5, Galaxy J7 and compare the difference. So, I choose to buy Samsung Galaxy J7 with several advantages compared E5 and J5.