The process of buying a used car can seem intimidating if you are trying to buy a used car with no credit or cosigner. The typical way of buying a used car is not friendly for first-time car buyers because traditional financing is heavily based on credit score. Fortunately, there is another option for getting into a used car even if you are in the category of ‘first-time car buyer no credit.
... Read More.
When it comes to using energy, whether you are looking to go green or asking yourself, “How do I reduce my electric bill?” you can save money by taking a few proactive steps to cut back on energy consumption. Your electric bill is a big part of your monthly expenses. By being energy efficient, you can save money each month on your electrical bill. It will take a little discipline and cooperation from the entire household, but it may well be worth it. If you are you are interested in lowering your electric bill, here are 10 tips to get you started:
... Read More.
Sooner or later, we all hit a bump in the road. If that bump affects your income, your credit and you lose your car, as bad as it is, there is hope. Finding auto loans after repossessions is possible. It may take some time, but with a few steps in the right direction, you can bounce back and get a car loan after a repo.
... Read More.
If you have ever wondered, “Can I get a car with no down payment?” the answer is, “Yes.” Though there are benefits of placing down payment, it is possible to get a car without one. In a perfect world, a 20% down payment on a new car offers a degree of lender confidence. Also, even if your credit score is low, in general, with a down payment, your monthly car payments will be lower.
... Read More.
Before you walk into a dealership to trade in your car it is important to know the equity you presently have in your vehicle. If you are wondering, “What is vehicle equity?” or “What does it mean?” It’s important to know the answers to these questions. Knowing the equity in your car can equate to a larger down payment toward a new car. In other words, the trade-in value on your old car can get you a better deal on a new one.
... Read More.
Buying a car with bad credit is a problem that no one wants to have. But things happen. Unfortunate circumstances such as prolonged unemployment or underemployment combined with a hefty medical bill may have landed you in debt and left you in the red on your bills. It’s not as bad as you think. Having bad credit should only be looked at as a temporary problem that you can fix! With that in mind, the good news is that securing financing for a car loan is possible even with bad credit. Here is some advice on how consumers with credit problems can still get a quality a used car.
... Read More.
Getting a car loan after repossession can be a challenge, but it is not impossible. In most cases, having a car repossessed is due to unfortunate financial circumstances. Unemployment, underemployment, unexpected medical bills, increased rent or mortgage, and the like, can deplete savings and leave you strapped of cash. The result can lead to falling behind in paying bills and making car payments on time. If you fall too far behind, you open the door to a having your car repossessed. Repossession of your car will blemish your credit report for seven years following the date the loan went delinquent. At first, your score will drop significantly, making approval for a loan difficult. However, the impact on your credit score doesn’t have to last as long as the repossession itself. You can do something about it. How to get a car loan after repossession will depend on how well you
... Read More.
Looking for good ways to build credit but not sure where to start? An easy, reliable way to help give your credit a boost has always been through a car loan. For starters, it will have an impact of both your credit report and your credit score. In the long haul, paying the loan on time will also help you establish or rebuild your credit, and improve your credit score. Repayment will also improve your eligibility to receive other types of loans, such as a mortgage, personal loan or credit card.
... Read More.
How to finance a car with bad credit comes down to taking a few proactive steps. The fact is, you can find a car, finance it, and drive away no matter your credit woes. If you’re willing to do some shopping, be patient, with a little homework, you will certainly be able to finance a car that will work for you. Here are some practical tips and considerations for consumers with credit problems who are about to enter the car market.
... Read More.When it comes to buying a car, if your goal is to get the biggest bang for your buck, purchasing a used car rather than buying a new one will save you money. There’s no denying the good feeling you have when you go car shopping and find the same car model used as new, but pay a lower price for it. That’s a good of a reason as any to buy a used car, but there are other cost-saving reasons to buy used. With a little bit of homework before deciding on a used car to buy, here are 9 tips for buying a used car and some of the benefits of doing so.
... Read More.