Tips on Choosing Credit Options and Managing Them on Mobile

Getting credit may not be as easy now as it was ten years ago, but there are still plenty of options available to provide you with a financial boost when you need it most. Mobile banking and apps are opening up easier and better ways of managing your finances, which is a great help when you find it difficult to keep track of where your money’s going and remembering repayments.

Mobile is also a useful tool for carrying out credit comparisons when you’re away from home, or you could make use of one of the apps that allow you to create a realistic forecast of your spending over the life of a loan to ensure you can afford the repayments and still live comfortably. Mobile apps that record your spending are an excellent tool for identifying where you could be making savings, and being able to access your bank account via mobile makes it far easier to keep on top of your income and outgoings.

Do you need credit?

You’ve got a well-paid job, or you run your own business, there’s money in the bank and no major expenses on the horizon; do you really need to use credit anymore? Providing you use them for their benefits and don’t forget to pay them off in full each month, credit arrangements can still work to your advantage.

If you’re less well-off, do you worry about getting into debt using credit cards or taking on expensive loan repayments? Credit can help if you understand how to manage it and don’t get caught out with interest charges and late payment charges.

You might wonder why lenders offer interest-free periods or balance transfers, and similar deals that seem to favor the consumer rather than the provider. The reason is simple; most of the people who take up these offers fail to manage the accounts to their advantage, forgetting to change cards after the promotional offer is over, for example. The critical factor in using credit is to manage it for your benefit, rather than the providers.

Credit cards

Credit cards are one of the easiest ways to gain benefits, but also one of the easiest to lose track of and end up paying extra for. If you use an interest-free card to pay for your purchases, you’ll be getting credit on that money for the length of the offer period. That’s like having a free loan, with the only provison being you need to pay the entire balance off before interest charges resume.

You can also have a cheap or free loan by using balance transfer offers that move your debts from one card to another, either for free with a low ongoing rate of interest, or for a percentage fee and zero interest for an extended period. This can work out to your advantage if you remember to switch cards in advance of the standard rates coming back into effect.

Both these options can be a great way of managing money in a way that enables you to use what you would have spent on interest and charges more constructively or to earn from using the money to make some investments.

Finance deals

Most large purchases, for example, buying a car, are completed using loans or finance deals. There are a wide variety of alternative credit terms available now, including the lease option that has become increasingly popular recently. Rather than buying your car outright, you lease it for three to five years, paying a monthly amount towards the car purchase. At the end of the three or five years, you get the choice of paying a lump sum to keep the car or trading up to a newer model.

These options and variations on them are a cost-effective way of affording a higher-class vehicle and not having to worry about running costs or getting a replacement. You don’t own the car, but you use it as if it were your own (within the agreed annual mileage figures), and you can drive a shiny new car with no-one knowing it isn’t yours.

Loans and mortgages

Mortgages are loans, just very long ones! Whether it’s called a loan or a mortgage, it will work in the same way, and you’ll often be committing on a long-term basis. Before taking out any form of loan, check it against other options that could be available, like finance, to see which offer the most advantages overall.

Loans can often work out cheaper than trying to juggle several different balance transfers on which you frequently forget to make payments, but conversely, a well-managed 0% interest purchase card could save you money on smaller loans. Make sure you speak to your own bank first, especially if you’ve been a loyal customer, because they may be able to offer you rates that wouldn’t be advertised to the general public.

Short-term loans can be a great help if you just need a small amount to tide you over until payday. What you don’t want to do is get stuck with a short-term loan that charges an excessive rate of interest, so shop around to get the best deal.

Another option is pensions loans, where you secure a loan based on the value of your personal pension. Go for straightforward repayment options rather than loans that require a proportion of your future pension pot, or come with complicated terms requiring you to take out life insurance policies and the like.Credit Options

No matter if you have plenty of cash or finances are a bit restricted, using credit wisely gives you a more flexible way of managing your money, and if you are able to keep on top of everything, could save you a fair bit of cash each year. There are more and more mobile apps available for managing credit, so make good use of them. Don’t forget to check that any apps you use have the highest security standards, for example, ones that use fingerprint sign-in if they can access your bank records.

Using mobile apps gives you plenty of useful tools with which to manage your credit options, making the use of credit less risky and more rewarding.


Origin Wireless Delivers Unique LifeLog-as-a-Service “LaaS” Well-Being Monitoring Solution for Elderly Care

Greenbelt, MD, May 24, 2019 –(– Origin Wireless™ Inc. (Origin™ in short) today announced its unique wearable-free elderly care well-being monitoring solution “LifeLog-as-a-Service™” (LaaS™ in short) based on Origin’s patented Time Reversal Machine™ (TRM in short), and the WNC® “Well-being Monitoring” devices based on the Qualcomm® Mesh Networking Platform. The solution will be presented and demonstrated at Computex 2019 in Taipei.

The accelerating growth of the aging population around the world provides a great business opportunity for Internet Service Providers (ISPs), smart home service providers, elderly care service providers, and security service providers. WNC, a world-class ODM, will enable the business opportunity with their well-being monitoring devices ready for mass production and commercialization, based on Origin’s TRM-based WiFi sensing available on devices designed on the Qualcomm Mesh Networking Platform.

Origin will further provide synergistic LaaS application design and support to enable business partners to develop front-end applications and back-end servers for speedy go-to-market. The LaaS solution enables caregivers such as family members or care service providers to monitor daily activities of the elderly and detect any alarming changes in the daily routines, such as bed times, sleep duration and quality, active/rest periods, and bathroom visits, so that the caregivers can chime in actively to provide timely and needed care and support to the elderly.

“Origin is excited to deliver the world’s first LaaS solution, working closely with Qualcomm Technologies’ and WNC, to enable caregivers to remotely monitor the well-being of the elderly through the elderly’s daily activity and sleep patterns, without cameras that intrude into privacy or uncomfortable wearables that are easily forgotten,” said Dr. Ray Liu, CEO of Origin Wireless. “The era of Smart Radios for Smart Life™ has arrived – and Origin is committed to innovate with TRM and wirelessAI™ to empower customized precision care for individuals.”

“Qualcomm Technologies is a leader in wireless mesh networks, which are transforming in-home connectivity and opening new avenues for intelligent in-home care,” said Nick Kucharewski, vice president and general manager, WIN, Qualcomm Technologies, Inc. “Our vision for mesh networks as a central foundation for smart home innovation is exemplified by innovations like those conceived by Origin Wireless with its LaaS offering.”

“We are delighted to partner with Origin Wireless to provide a well-being monitoring solution which will bring convenience to caregivers and elderly around the world: LaaS, announced today, will be presented at Computex 2019,” said Jeffrey Gau, President and CEO of WNC. “With our experience in the wireline and wireless communications fields, WNC will continue offering technical support that enables our partners to quickly implement exciting new capabilities into their existing systems.”

About Origin Wireless
Origin Wireless is leading the world in RF sensing. Protected by over 100 patents, its award-winning TRM technology applies artificial intelligence to analyze wireless signals to enable locationing with centimeter accuracy, tracking, navigation, security, presence detection, fall-down detection, in addition to motion detection and breathing monitoring, in smart home, building, enterprise and factory applications with high performance, low cost, and ease of use.

About WNC
Wistron NeWeb Corporation (WNC) specializes in the design and development of cutting-edge communication products. WNC’s technical expertise ranges across applications from broadband, broadcasting, multimedia, and the IoT to wireline and wireless communications, with product scope covering solutions in network communications, digital home products, satellite broadcasting, and advanced driver-assistance systems (ADAS). For more information, please visit:

Qualcomm is a trademark of Qualcomm Incorporated, registered in the United States and other countries.

Qualcomm Mesh Networking Platform is a product of Qualcomm Technologies, Inc., and/or its subsidiaries.

For more information on Origin Wireless, visit, or contact Walter Lau, at [email protected]

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