August 19th, 2006
Don’t Get Taken Every Time: The Insider’s Guide to Buying or Leasing Your Next Car or Truck Customer Review: A must read
Everyone in the US buys a car at some point. Whether it’s a new or used car this book tells you how to buy a car the right way. Think of it as an investment. Spend a little for this book, save a huge amount when buying a car.
It’s hard to say enough about this book. Highly, highly recommended.
Customer Review: Don’t Buy A Car Without Reading This Book!
An incisive look at a dog-eat-dog business. Helps the car buyer through the major pitfalls of purchasing a new or used car which, unfortunately, exist at just about every stop in the car dealership.
For car buyers willing to do their homework, there is no reason to get ripped off. Sutton shows you how to arm yourself with some common-sense tactics that almost anyone can use.
An amusing sidebar for me was, after reading Sutton’s book, was having several salespeople AND managers ask me if I was a former car lot manager. I just smiled inscrutibly and answered that I had ‘contacts’ in the business.
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July 1st, 2006
Buying A Car With A Bad Credit Record
by Roy Thomsitt
People with a poor credit record are likely to have as much need for a car as anybody with a good credit record. However, if they want to buy a car, that bad credit blemish may make life difficult for them.
Regardless of whether it is your own fault or not, having a damaged credit record will affect the way your application is received if you want to buy a car through a loan. However, it is still possible to get a car loan, even if your credit record is not perfect.
In fact, you will find plenty of companies offering loans for any purpose, including car purchase, even for those people with bad credit. As you would expect, however, the worse your credit record is, the higher the interest rate is likely to be, and the fewer the options you are likely to have. Much will also depend on whether you own your own home or not. With a home of your own, in which you have a sufficient amount of equity, you stand a chance of getting a secured loan to buy a car. Such a loan would undoubtedly be cheaper than an unsecured or bad credit personal loan; however, your home would be at risk should you default on the loan, so that is certainly something to take into account.
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July 1st, 2006
Bad credit car loans: getting behind the wheels with bumpy credit
by Pamella Scott
A car with bad credit, just like any other car, will give you the ride you want. Okay, they might not be served on a platter but if you need a car…. but they are worth the ride. Customers suffer from bad credit circumstances do not mean they are bad people. It only means things happened! And every loan lender that is providing you with bad credit car loans do understand that. With car loans for bad credit you not only get the car you want there are added surprises on the runway.
Chances that you are getting Bad credit car loans are extremely bright. Banks, credit unions, finance companies all are providing loans for bad credit. People who would not qualify for bad credit car loans just five years ago can now easily meet the criteria.
When a borrower has bad credit, it will be a good start to begin with credit report. Every borrower is assigned credit score based on his performance with previous loans. It is a three digit number that most of the lenders use to evaluate the risk while lending you car loans. Each one of the credit bureaus – Equifax, Experian and Trans Union will have a copy of your credit report. Most lenders use Fico score which ranges from 300-850. Fico score 580 -500 and less means bad credit. This means you are heading for bad credit car loans. Now knowing your credit score is important for many lenders can take advantage of your ignorance.
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May 25th, 2006
Getting a car loan with bad credit can be difficult and often times costs you tons of money in high interest rates. If you are in debt and need a solution, check out www.debtzine.com for some excellent advice. Below are some tips on how to relieve your debt.
Consumers overwhelmed by debt may feel that there is no place to turn and feel compelled to rush to bankruptcy to eliminate their debt. However, there are many alternatives available such as debt consolidation, debt settlement, as well as debt consolidation loans, home equity loans or even personal loans, that may provide better alternatives.
The first step a consumer must take to resolve their financial difficulties is to truthfully and fully assess their financial situation. Many consumers are unable or unwilling to come to terms with every relevant detail of their particular financial situation. For those of you, there are many consumer credit counseling and debt settlement organizations who can provide needed advice. One such organization on our favorite list is www.DebtXS.com You can click here to fill out a quick one minute form and they will contact you with some recommended options tailored to your situation.
These organizations will ask you the appropriate questions needed to obtain information from the consumer to plan a debt relief strategy. Such information includes:
- Number of debts
- Total dollar amount of debts
- Description/types of debt (i.e. secured vs. unsecured)
- Consumer’s attitude toward debt
- Description of assets
- Debtor’s income
- Any pending legal actions
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