Articles in Home | Finance Articles | Loan Articles

  • Tax Refund Edge: How can Tax Refund help in buying a Car?  By : Jeffery Reynolds
    Not sure how tax refunds can help you get your dream car? You can use the money from tax refunds to make a larger down payment. You can even pay off your existing car loan with it. Upgrading your car for selling or trading it is another way to get one step closer to the car of your dreams.
  • How to manage a Down Payment for your next Car?  By : Williams Orchard
    Not sure how putting more money down is beneficial? With the current inclination of lenders towards low risk and the long-term benefit of greater savings, a lot can be said about down payments. Understand and explore more about the different ways in which a down payment can be an important tool while purchasing your next dream car.
  • How to buy a Demo Car wisely?  By : Kaitlin Miller
    A demo automobile is used for test drives by the dealer and his staff. Understand its various features and sum up the benefits it brings for you. However, also take preventive steps such as asking for a vehicle report, understanding the deduction and knowing how rebates can help you in buying a car.
  • Selling Privately Vs Trading-in: How to Better Your Car Buying Experience?  By : Adam Porter
    Should you sell your old car or trade it with a dealer? It is a common confusion for many car sellers. Learn how reflecting on certain factors such as the type of car, financial status and possibility of high returns can impact your automobile selling decision.
  • How to fulfill the New Year Resolution of buying your Dream Car?  By : Williams Orchard
    If 2018 is the year for improving your financial health, kudos to you. When your New Year resolution is to buy your dream car, do not give up on it. Work on your financial condition, learn the basics of buying a car, and then make the purchase. Trust us! It will be easy.
  • How do Lenders calculate LTV Ratio for your Auto Loan?  By : Jeffery Reynolds
    Applying for an auto loan? Before you submit the application form, understand how the lender will decide on the loan amount. Learn more about LTV and know ways of buying your dream car easily.
  • Payday Loans Online Same Day Help Purchase Gas In USA  By : Same Mark
    of applying for a payday loan online with instant approval are specially designed to make everything as convenient and quick as possible. First of all you can apply whenever a need arises, at night and at the weekends included, because there are sites of such companies which operate fully automatically and they literally work
  • Auction Action: How Worthy is a Car Bought from An Auction?  By : Williams Orchard
    Contemplating to buy your next car from an auction? Learn more about how you can ascertain how worthy it is to buy your automobile from an auction event.
  • Does Social Media help in getting an Auto Loan?  By : Williams Orchard

    We live in a world dominated by technology and social media. Whether they are your shared posts, status or your connections, social media platforms play a key role in carving your virtual personality. A well-known fact is that technology is an inevitable yet an integral part of our lives. When it comes to financing your car, social media is building its way and becoming a relevant medium of profiling. For instance, John walked into a dealership to purchase and obtain financing for a car. The quickest and easiest way to search for a tentative background of John would be to get a grasp of his personality on the basis of his behavior on Facebook and Twitter account, respectively. Currently, a small percentage of lenders use social media for judging an individual’s creditworthiness. However, the developing presence of social media is gaining mind share of the lenders.

    Can Social Media help in ascertaining the Creditworthiness of an individual?

    1) Facebook can build your Credit Circle

    The very essence of Facebook lies in networking. A creditworthy profile does not require millions of posts or many friends. However, if you have a genuine profile and do not pose any abnormal social behavior, your profile is likely to get approved for an auto loan. Additionally, the presence of certain contacts in your friend list with a clean history and a strong credit score further add to your creditworthiness. Lenders can look for mutual contacts that have been previous customers. The payment history of the mutual contact can then be used as a basis to judge your creditworthiness. In order to get the most out of your circle, seek a person with a good credit score and make him a cosigner and your auto loan process will become smooth.

    2) With LinkedIn, lenders can check your Employment Stability

    A stable employment speaks volumes about your personality and trustworthiness. LinkedIn can serve as the best source of obtaining information regarding your job history, duration, professional position and interests. The documentation of an auto loan requires you to display evidence of a source of income through pay stubs. However, there is less proof one can gather regarding the stability of employment. Social media can become a tool to ascertain not only if there is job-hopping, but also the financial strength of the individual. A person with a 500+ connections, long duration of employment history and a considerable profile activity can become a favorable applicant in the eyes of the lender.

    Buying a Car: Making the Most of your Social Media Profile

    Social media has made its way into the minds of auto buyers as well as lenders. As primary sources of guides, nothing comes above your credit score, current income status and payment history. However, virtual platforms such as Facebook and LinkedIn are starting to occupy mind share in terms of creditworthiness. Once the primary sources of information seem insufficient, lenders may turn to social media to get an idea of your personality. A few helpful ways to make sure your social media positively adds to your credit score is to be careful with your online posts, invite only genuine friends into your virtual circle and to always keep your professional profiles updated.

    Lenders may use social media in the future for ascertaining your creditworthiness. But, credit score seems to be the most preferred choice for now. When you have bad credit, you need an expert subprime lender to help you out. Get the best bad credit guaranteed auto loan deal with a reputed loan expert and enjoy low interest rates for the loan term. Apply now to enjoy no money down car loans.

  • How to buy a Car without a Cosigner from your Family?  By : Jeffery Reynolds
    Your family stands by you in your times of distress. But, it is better to keep them away from the process of buying a car. Learn why having someone from your family as your cosigner can spell disaster. Know different ways of buying a car on your own. No cosigner car loans being the most important of them.
  • New Year Financing Resolutions: How to Better your Dealership Financing Experience?  By : Adam Porter
    New Year resolutions can undoubtedly lead to a better car buying experience. Learn more about how dealership financing resolutions lead to wiser decisions about purchasing a car that suits your needs and is reliable in the long run.
  • Is there such a thing as “Good” Bad Credit Car Buyer?  By : Kaitlin Miller
    Not every bad credit buyer is same. Lenders look beyond your credit score and judge you on the basis of your payment history. They are ready to keep aside the number and learn more about you. It means buying a car with bad credit is easy, especially if it is due to an unexpected situation.
  • How to calculate Hidden Costs while buying a Car?  By : Williams Orchard
    Difficulty in estimating the exact monthly expenditure during purchasing a car is common. However, you should be aware of the hidden costs that you regularly pay but tend to overlook. Read more about how maintenance costs, varying taxes and fuel charges play an essential role in the final amount of your car-related costs.
  • How to buy a Car with the End-of-Year Deals?  By : Jeffery Reynolds
    Want to buy a car during the Holiday Season? Christmas is a top-rated holiday for making the purchase. Learn how you can enjoy the best end-of-year deals and obtain big discounts from the dealer. Get ready to buy a car at reduced rates and end 2017 on a high!
  • How to buy a Car this Christmas?  By : Kaitlin Miller
    Thinking to gift a car as a Christmas present? Make your car buying experience memorable by getting the most out of the holiday season deals, estimating your needs and putting your finger on the correct auto financing options. Once you have clarity about your purchases, you will maximize your opportunities of the Christmas offerings and obtain your dream car.
  • How to avoid buying a Flooded Car in Baltimore?  By : Jeffery Reynolds
    Due to recent floods, the Baltimore used car market is getting flooded with flood-damaged cars. It is essential to avoid buying them because you may end up putting yourself at grave risk. Learn how to make a wise purchase in the Charm City. Get to know different tips to avoid a flooded car.
  • Advice for Car Buyers: Choose the Right Lender  By : Williams Orchard
    Thinking of buying a car? Do not forget to spend time in researching for the right lender. Having the right lender with you can make your experience simple, easy and affordable. Choose someone with adequate experience of handling credit applications of different types.
  • Internet Tools: How do they play a Role in your Car Buying Journey?  By : Adam Porter
    The internet is your best friend when you wish to purchase your next car. A few useful tools such as car buying websites and savings calculator help you conveniently and effectively choose the correct car.
  • Cash Crisis: How to get an Auto Loan when you are Paid in Cash?  By : Williams Orchard
    Are you worried about getting an auto loan because of absence of a pay stub? If you are paid in cash, you should prepare well in advance and take the right steps towards building your credit score and getting a cosigner.
  • How Subprime Auto Crisis is affecting Bad Credit Car Buyers?  By : Williams Orchard
    If you have bad credit, do not worry about subprime auto crisis. Yes, the situation looks bad but we have a way out. A few favorable means such as paying a hefty down payment and buying older models or used cars will tackle the subprime crisis and help you to purchase your dream car.
  • What Are The 12 Most Awe-Inspiring Benefits Of Short Term Loans In This Millennium?  By : Katherine Felix
    Let the short term loans be the point where you start making financial corrections and have a stable life ahead. Make sure, you search the right type of loan.
  • Key Things to Keep In Mind When You Seek Long Term Loans  By : jennys
    When you seek long term loans, the decision to borrow is a crucial one. For, the loan account would stay open for longer duration of time and would make a stronger foot print in your credit report. Here is a rundown on key factors to keep in mind when you need long term loans. Also shared is the advice for those who seek loans for improving bad credit.
  • How the Equifax Data Breach Affects your Auto Loan Decision?  By : Adam Porter
    The Equifax data leak raised the risks associated with online auto loans on a higher level. However, the potential risks of identity thefts and fraudulent activities have certain preventive measures that will not only help you to protect yourself from the data leak but also assist you to purchase your next car.
  • What is the best time to trade-in your old car?  By : Williams Orchard
    A new car is a great and reliable medium of transport. You can purchase a new car by trading-in your old car at the appropriate time. Follow a few simple steps to hike the value of your old car and you will get one step closer to your new car.
  • Search Right for buying a Used Car: How does a Consumer Report help you?  By : Jeffery Reynolds
    If you are purchasing a used car, you do not want to miss out on the advantages of using a consumer report. A consumer report helps you to make your research easier, faster and more reliable. Learn more about how a consumer report can help you in selecting your next used car.
  • Can Long Term Loans in the UK Provide Better Financial Outcomes?  By : johnsonanna565
    When it comes to the long term funding, you need to apply for long term loans. Whether you want to expand a business or any other financial purpose, these loans are available with easy monthly payments.
  • Second Chance Auto Loans: How to seal the Deal?  By : Kaitlin Miller
    When bad credit score is making it impossible for you to buy a car, do not lose hope. You can still make a car purchase with second chance auto loans. Learn how to seal the deal and obtain the loan easily.
  • The Mistakes That Come With a Longer Auto Loan Term  By : Williams Orchard
    You are prone to more damage than benefit when you opt for a longer term on your auto loan. Avoid making the mistakes of paying high interest rates and receiving low resale value on the car you wish to purchase.
  • Feeling that your credit record is less than perfect?  By : lola stupik
    Regardless of the reason you need the money for, be it a car repair, medical bill or unexpected trip, an easy no-credit-check payday loan can cover your expenses. If you apply today, you can get cash deposited into your account by the next morning.
  • The Numbers say go for a Used Car  By : Jeffery Reynolds
    Buying a car is a monumental decision. Learn why buying a used car makes sense financially. Check the numbers and make an informed, practical buying decision.

[1] [2] [3] [4] [5] [6] [7] [8] [9] [10

Powered by Article Dashboard