Category: personal loan

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.

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.