Category: finance

Financial Lessons Learned From Election Season

The results of Tuesday night’s presidential election paved the way for the reelection. While this will shape the political landscape during the next four years, there are a number of financial lessons consumers can take away from this campaign, other than how much they hate political ads.

When It Comes To Your Credit Score, Only One Number Matters
When polls closed, millions of Americans watched as electoral votes stacked up in favor of both candidates. However, some may have also paid attention to the popular vote.

While the latter was clearly displayed throughout the night, this number doesn’t matter since whoever gets the most electoral votes wins.

This is similar to your credit situation, credit counseling expert Jeanne Kelly wrote in the Huffington Post. There are a number of different credit scores you have access to, but the one that matters the most in today’s lending environment is your FICO score.

Currently, more than 90 percent of lenders utilize this number to see if you are qualified for credit, so make sure to stay on top of it.

Your Choices Impact Your Financial Future
The presidential campaign was rife with gaffes and missteps from both candidates, which ultimately impacted the outcome of the election. This is similar to your day-to-day financial decisions.

For example, if you go on a shopping spree and charge it to a credit card, this can result in serious debt in the future. Depending on your financial habits, sizable credit card debt can be hard cycle to break.

To stay out of more damaging debt in the face of an unexpected bill you can’t afford, rather than reaching for a credit card, consider a bad credit cash advance to relieve the pressure.

Check Your Credit On A Regular Basis
Every four years, Americans get a chance to examine the current political system and make any necessary changes by casting votes. On a political timeline, this is a fairly common occurrence.

With this same idea in mind, you should make sure to check up on your credit standing from time to time and make any necessary changes. Your credit standing has a big impact on your financial wellbeing in the future.

If you have a weak credit standing, it could make it more difficult for loans. Meanwhile, even if you get approved, you may be stuck with a high interest rate and other terms that make it expensive.

Save Money When Searching For An Apartment

With the year about to come to a close, many leases are about to end. This could mean that many people are going to soon be looking for a new apartment. This process can often come with expenses and could potentially force you to dip into your emergency fund. However, there are ways that you can save money when shopping for a new place to live.

Check Your Credit
Although you may not think your credit can affect your rental agreement, it most certainly can. Before searching for an apartment, be sure to have a good credit score (bad credit payday loans). Your potential landlord will look at your credit report before offering you the place. If you have an unfavourable score, you may find yourself with a bad rental agreement. A high credit score and clean report can help you when negotiating rent and other terms of your agreement.

Ask About Move-In Discounts
Many apartment communities offer move-in discounts at some point during the year. But you can’t take advantage of the if you don’t ask. These offers often fill up quickly, so it is important to be proactive. Oftentimes, landlords will offer one to two months of rent for free if you sign a year or longer lease. However, it is important to make sure you choose an apartment that is right for you. Don’t just sign a lease because the space is discounted for a couple months.

Don’t Forget The Deposits
There are a lot of costs associated with searching for an apartment. It is important not to forget about any of them. Simply looking at the price of rent is not the true cost of the living space. Many if not all apartments will require a deposit. Forgetting this cost could eventually put the apartment out of your price range. Some landlords may offer to waive or reduce the deposit, so it is important to ask.

Factor In The Cost Of Features
Other costs you need to account for are the features of the apartment. If living in the city, a parking space could be one of these. Before signing a lease agreement, it is important to know what feature costs you’ll be responsible for. If you can negotiate and get your landlord to pay for something such as a parking space you could save a lot of money.

Instant availability of finances for your emergency needs

There is not everyday that you come across certain unexpected needs, such as medical emergencies, immediate house or vehicle repairs, credit card bills, electricity bills, child’s school or examination fees, etc. But, when you are going to face them, make sure that you are well prepared in all respects. By this we mean that you should have adequate amount of money to tackle them, which can be provided by the same day loans option. It can assist you in such a manner, so that you are able to pay off your all urgencies quite well on time. These funds are available within a very short span of time of about 24 hours on just the submission of a filled online application form that too without any faxing hassles.

Loans within a day can provide you cash support up to a maximum of $1500 for a short term of about 30 days. The repayment of this amount can be done without taking any tension once you adjust the repayment date with your payday. After doing so all your payable amount will be transferred to the lender on your payday from your bank account. This collateral free scheme does not involve any credit checking process.

Low cost quick car loans

Quick car loans are designed to enable a borrower to buy a car when the prices are right and the borrower is in urgent need of buying a car. Whatever may be the circumstances, the loan is useless if it does not arrive on time. Hence, quick loans are the best options for those who want funds for a new or used car when they feel it is the right time.
You can get hold of the fastest and cheapest car loan if you fulfill certain conditions such as collateral with high equity, good credit score, or high down payment. Lenders are more comfortable with such lenders as they feel secure because he can realize his payment if the borrower fails to make timely repayments. Additionally, the borrower is able to take out larger amounts at more favorable terms.

Those with bad credit rating also can easily buy car through quick cheap car loan. There are schemes and packages designed for such people. The lenders of these packages are acquainted with the needs of such borrowers and do not ask many questions if collateral is offered. However, unsecured loan option requires some documentation regarding income, repaying capacity and so on from the borrower.

Even though quick car loans are available in the physical financial market, dealing with a reliable online lender can be still faster as well as cheaper. It is also suitable to the lenders because dealing with online applications is cheaper and more convenient. Every thing is fine; the borrower can expect to get the car loan in a matter of hours. Apart from helping you to get a car, the loan also help in improving credit score if timely payment of installments is made.

A suitable online car loan lender can be located with the help of a loan directory service website which collects details from borrowers and forward it to various lenders for speedy processing. These sites select lenders who offer the type of loan you are looking for. You can then browse through the results to find the deal that best suits your needs, and then move on to the lenders website to complete the process.

There are also online lenders who do not want a concrete proof of you income. This saves time because it usually takes a lot to produce and verify documents proving your income. These lenders typically verify your income through your employer. Therefore, the lender may ask you provide the details of your employer or the person who is responsible for your employment and salary. Once you have been approved online, the money will be transferred to your account within a short time. Probably, you will be able to ride home on your favorite car on the same day you applied online for the car loan.

How to get hassle free logbook loans

A logbook loan is a type of personal loan obtained against a vehicle, which often is a car. If you have a logbook registered in your name, then you can apply for the loan. You will have to surrender the book to the lenders as security against the loan. The vehicle remains with the borrower and s/he is free to use the car for commuting without any interference from the lender, provided it is done safely and as per rules governing a driving license.
A logbook is a vehicle registration certificate issued by the concerning government authority. It contains important details the owner, engine, registration and chassis number, model, and vehicle color. The owner can borrow between $100 and $35000 depending on the existing net market value of the car after deducting any pending payments on the car, if any.

Unlike other personal loans, logbook loans have certain distinct features, which need to be discussed in detail to get a better understanding of the modalities required to secure the loan. The loan is given against the vehicle registration certificate, which needs to be submitted to the lender at the time of availing the loan. Although the car remains with the borrower, it becomes the property of the lender until the loan is paid of in full as per the agreed date. The lender can claim ownership of the vehicle if the borrower fails to meet the repayment in time. However, the borrower is free to use the car provided the repayments are made regularly and in full.

These loans often turn out to be the ultimate refuge to a borrower, who has a negative credit rating. It is rather difficult to get a traditional loan if the applicant has a bad credit history. However, these types of loans are usually made available to the borrower without making any credit check. Hence, it is really a blessing for those unable to get other types of loans due to a bad credit rating. Even those people who have faced bankruptcy can also apply for this loan.

The loans can be borrowed from any banks, financial institutions or online lenders. If you are looking to get a fast loan, online lenders are the best choice. You can access a large number of online lenders by using the internet from the comfort of your home or office. They are specially appreciated for their speedy implementation. Once the application is approved and accepted by the lender, the loan amount is often available within 24 hours.

The vehicle registration certificate should be in the name of the borrower and the vehicle against which the loans are taken should be less than eight years old. A borrower of the loan should be in full time employment or should have some regular source of income. The lender would require a proof of the income before sanctioning the loan. The vehicle should be free from any type of outstanding dues to a third party. If any such outstanding dues are present, they need to be cleared before securing the loan.

Another criterion the lender will insist is proper insurance of the vehicle and payment of all taxes due on the vehicle. Once all these criteria are fulfilled, you can confidently look forward to receive the applied loan amount without much delay.