Billshark negotiators specialize in reducing bills by combining rate analysis, provider outreach, and transparent reporting. They review service tiers, equipment charges, taxes, surcharges, and promotional eligibility. They compare current plans to loyalty offers and new customer incentives, then present providers with options to maintain service while lowering cost. For wireless accounts, they often optimize data pools, remove legacy fees, and secure device credits. For cable or internet, they can reduce modem rentals, remove unused premium packages, and apply retention offers. For satellite radio, they pursue promotional pricing, loyalty credits, and seasonal discounts. Customers appreciate Billshark because the work is done for them: no long phone calls, no waiting on hold, and no need to renegotiate every year alone. The process starts with a bill upload; within a few days the team provides status updates, proposed changes, and the estimated savings. After customer approval, savings are applied directly to the account and reflected on future statements. The only cost is a percentage of the verified savings, reinforcing a risk-free, performance-based model. Billshark supports individuals, families, small businesses, and larger organizations. Multi-location businesses benefit from coordinated negotiations that consider volume and contract terms. Households save on recurring subscriptions and avoid creeping price increases. Students and retirees value the ability to keep their existing service while spending less. The platform is built to be secure and simple: encrypted uploads, limited access to sensitive data, and clear audit trails of every negotiation attempt.
According to a new report from the Federal Reserve Bank of New York, Americans are sitting on more household debt than ever. Total household debt increased by $92 billion (.7 percent) to almost $14 trillion in the third quarter of 2019. Several economic factors have contributed to this rise including:
Low unemployment. US employers added 128,000 jobs in October according to a job report by the Bureau of Labor Statistics.
Strong consumer confidence. Despite a dip in October, consumer confidence remains high.
Cheap borrowing costs. The federal funds rate is now between 1.5% and 1.75% after the Federal Reserve cut rates for the third time this year.
According to the NY Fed, several figures that comprise the total debt continue to rise:
Mortgages. At $9.44 trillion, mortgages are still the bulk of Americans’ debt, up by about $31 billion from the end of the second quarter.
Student loans. Climbed to $1.5 trillion, about 1.4% higher in the third quarter.
Credit cards. Balances rose $13 billion during the third quarter.
Auto loans. Balances increased by $18 billion in the third quarter.
Despite low unemployment rates and increasing wages, aggregate delinquency rates worsened with 4.8 % of outstanding debt overdue. Student debt, specifically, had high delinquent rates: one in nine borrowers were 90+ days delinquent or in default.
Although having well-managed debt may not be detrimental to your finances, out-of-control monthly bills can contribute to poor financial health. With so many monthly payments to monitor, consumers shouldn’t have to worry about sneaky billing practices from their internet, wireless and cable providers. There’s a good chance you’re paying more than you should and
