Business

Patriot Funding is A Bad Choice To Get Out of Debt

Published

5 years ago

November 28, 2020

Why is Patriot Funding Accused of Being a Debt Consolidation Scam?

Patriot Funding has been reviewed by Crixeo, the popular news and reviews site, for being part of a long-running debt consolidation and credit card relief scam. According to Crixeo:

“The story is the same. They lure you in by sending you direct mail with a “personalized invitation code” and a low 3%-4% interest rate to consolidate your high-interest credit card debt. You will be directed to Patriot Funding Review or My Patriot Funding More than likely you will not qualify for one of their credit card consolidation loans and they will try and flip you into a more expensive debt settlement product.”

Ed Miles, crixeo.com

The COVID-19 pandemic took the world by storm earlier this year. This led to the closure of businesses and workplaces, leaving thousands of people unemployed and without an income. One of the biggest struggles faced by workers as a result of losing their income was card debt payment. Credit card debt is becoming an increasingly rampant problem for everyone worldwide, especially after the adverse impact that the COVID-19 pandemic has had on the economy, forcing many to need coronavirus credit card relief.

If you’re also struggling to tackle debt and pay your credit card bills on time, then we have strategies that will help you tackle this issue. Keep reading to learn how you can deal with debt during the pandemic!

Talk to your creditor.

Your first step should be to get in touch with your creditor. Many banks and credit card companies offer credit card refinancing programs, especially in the light of the global pandemic. In these programs, credit card companies offer lower interest rates and flexible payment deadlines, among other relief options.

Therefore, you should contact your creditor and inquire about any such program. These programs are often not advertised, and the companies only offer them when the customer asks for it exclusively. So, it would be best if you contact your creditor and explain your financial solution. If not a complete solution, the company will offer at least a short term relief so you can deal with your financial hardship.

Ask for a lower interest rate.

Another thing you can do to deal with the burden of debt is to request a lower interest rate. If your credit score has improved since the time you subscribed to the credit card, then you have a high chance of qualifying for a lower interest rate now.

Opt for a balance transfer card

If you have high-interest debt, then transferring it to a credit card that offers a 0% introductory interest rate could be a great idea for getting relief. A credit card with 0% interest will reduce the amount you have to pay on your debt bills each month.

However, it’s only feasible if you’re able to pay off your debt within the introductory period. If not, then you could have to pay a higher interest after the introductory period. If you want to avail this option, you’ll have to meet a good credit score to qualify for the transfer. Make sure you do your research and apply for a card that has the lowest balance transfer fees.

Pay off high-interest loans first.

When you have more than one credit card, then you’ll have to prioritize your debt payments or look for a credit card consolidation program. There are two approaches that you can take to pay your debt: the debt avalanche method or the debt snowball method. In the debt avalanche method, you begin by paying off debt with the highest interest rate first. On the other hand, the snowball method is to pay off your smallest balance first and then move to the ones with higher interest sequentially. We recommend adopting the avalanche method for paying off your debt because paying off high-interest loans will reduce the cost of your debts in the long run.

Consult with a credit counselor

If you aren’t sure which option to take to pay off your debt, then we recommend consulting with a debt counselor. There are several affordable options available. Consider contacting a non-profit credit counseling agency for a free consultation. The counselor will go over your financial standing thoroughly and will develop a debt payment plan that works for your specific situation.

Moreover, the credit counselor may also be able to negotiate with creditors on your behalf. In your situation, hiring a credit counselor may not be feasible, so you should contact a non-profit agency for assistance.

How to handle medical debt?

If you lost your job as a result of the pandemic, then you may also have lost your employer’s health insurance plan. Even if you do manage to keep the insurance by paying all the premiums on your own, it still won’t solve the problem of outstanding medical debt.

Without a health insurance plan, you’ll be vulnerable to financial turmoil in case of a medical emergency or illness. Here are a few options that you can consider:

Speak with your doctor/ primary healthcare provider: If you have an unpaid hospital bill that you are not in the position to pay, then we recommend talking to your doctor. You can request the doctor or the hospital’s billing supervisor to lower or forgive your debt. If none of that works, you would still be able to negotiate a sustainable payment plan to pay off your debt.

Some hospitals offer financial aid programs that offer to forgive or write off your debt partially or completely, depending on your situation. However, you will have to ask about such a program as they aren’t advertised or encouraged.

Seek consultation from a medical billing advocate: If your medical bill has already been sold to a debt collection agency, then consider consulting with a medical billing advocate. The advocate can help negotiate your debt with the agency and could potentially get your bill lowered. Most advocates charge a percentage of the saved money from the bill as their fees.

Other options

If you run out of all options and have a high-interest debt to pay, then you can consider tapping into your home equity. The prices of homes have spiked over the past year, and you can take a loan against your home equity to pay off your high-interest debt.

A home equity loan will provide you a lump sum amount that comes with a fixed repayment period and interest rate. The repayment period can range from 5 to 30 years. Normally, you can take a loan of up to 85% of your home’s value. However, this number may have been affected due to the situation created by the pandemic.

Final Words

The current times are unprecedented and extremely challenging. Along with the health threat, the pandemic has also brought financial and economic havoc globally. If you’re struggling, then consider choosing one of the options that we have discussed above to tackle debt.

Business

What to Look for in an Enterprise Webcasting Solution

Published

5 days ago

September 12, 2025

Matthew Wiles

The modern workplace doesn’t stand still. Teams are global, employees are remote, and companies must communicate faster and at scale. That’s why enterprise webcasting has gone from a niche tool to an essential part of internal communication strategies.

Reliability is the starting point when broadcasting to hundreds or thousands of employees, stakeholders, or partners. The platform you choose needs to deliver more than a stable video feed; it must offer security, accessibility, scalability, and real engagement.

For enterprises navigating this decision, here’s what to consider before committing to a webcasting platform.

Scale and Performance Matter More Than You Think

It’s one thing to host a video call with your immediate team. It’s another to run a high-stakes webcast for your entire global workforce. Enterprise webcasting means reaching large, often geographically dispersed audiences, sometimes tens of thousands of people at once. And when that’s the case, performance isn’t negotiable.

Your platform should offer proven scalability with minimal lag, buffering, or outage risk. Many organizations underestimate the bandwidth and technical infrastructure needed to deliver seamless webcasting at scale. Look for solutions that utilize global content delivery networks (CDNs) and redundant systems to guarantee smooth streaming, regardless of your viewers’ location.

The reality is, your message only lands if the technology holds up under pressure.

Security Isn’t Optional

In a world of growing cyber risks and data privacy concerns, security must be front and center, especially for enterprise webcasts. Not every message is meant for public ears, from internal town halls to sensitive investor briefings.

Leading webcasting platforms provide enterprise-grade security features like encrypted streams, password protection, login authentication, and customizable access controls. Depending on your industry, you may also need to meet specific regulatory requirements for data protection and compliance.

Ultimately, your webcasting solution should provide peace of mind, knowing that confidential information stays where it belongs.

User Experience Makes or Breaks Engagement

Let’s face it: no one wants to wrestle with clunky software minutes before a big company update. The best webcasting platforms make life easy for both presenters and attendees.

Intuitive interfaces and simplified workflows reduce stress and help presenters focus on delivering the message. The process should be frictionless for attendees, with one-click access, mobile compatibility, and no need for complicated installations.

But accessibility isn’t just technical, it’s also about inclusivity. Your platform should offer features like captions, translations, or on-demand playback options to ensure your workforce can engage with the content.

Because if people can’t easily join or follow along, your webcast risks becoming background noise.

Engagement is More Than Just Showing Up

In enterprise settings, communication can’t be one-way. True engagement requires interaction.

Modern webcasting solutions offer features like real-time Q&A, live polls, and chat functions to turn passive viewers into active participants. These elements keep audiences focused and create opportunities for meaningful feedback.

Especially for company-wide meetings or virtual events covering important updates, giving employees a voice makes the experience feel collaborative, not just another broadcast.

Data and Insights Drive Improvement

One of the most overlooked aspects of enterprise webcasting is analytics. But without data, it’s impossible to measure success or spot opportunities for improvement.

Look for platforms that provide detailed reporting, including attendance metrics, engagement rates, audience locations, and performance benchmarks. Over time, these insights help refine your communication strategy, adjusting formats, reworking content, or targeting specific groups with follow-up resources.

The more visibility you have into how people interact with your webcasts, the better equipped you are to make those events impactful.

Flexibility for Different Event Types

Not all webcasts are created equal. Some are formal, high-production events with large audiences. Others are more casual, interactive sessions for smaller groups.

The platform you choose should give you the flexibility to manage both scenarios. Whether you’re hosting a polished executive briefing, a technical product demonstration, or a virtual town hall, the tools should scale to fit your needs, without requiring entirely different systems or workflows.

Many providers also offer managed services for high-profile events, giving you access to technical experts who handle the backend so your team can focus on the message.

Final Thoughts

Webcasting has become a critical tool for modern businesses, but choosing the right platform requires more than just comparing price tags. It’s about finding a solution that delivers reliability, security, engagement, and scalability while making the process simple for both your team and your audience.

With enterprise webcasting, companies can ensure their most important messages are delivered securely and at scale, whether to employees down the hall or stakeholders around the globe.