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Member You - 16.4% APR $5,000 Auto Loan...HELP!
The first step needed to overcome a bad credit is to snatch a copy and take a look into your own credit report because incorrect information on your credit report will only make matters worse if you already have a bad credit rating. According to the US Public Interest Research Group, one quarter of the credit reports ordered contained errors. You can order a copy of your credit from three credit reporting agencies – Experian, Trans Union and Equifax. You are entitled to one free copy of your credit report per year, and each time you are refused credit, employment or insurance.If you are sure that there are false Statements on your Report, write a letter to each
HAV
Keyword research is a very misunderstood and under utilized tactic that will help you achieve mind blowing internet marketing success. By having your site optimized for the best and highest converting keywords available, you will dominate your market with surprising ease. So many people use their best guess to create keyword lists for pay per click campaigns and SEO. They blindly pick and choose phrases that they think their target market uses.While this may get some results it is not even close to optimal. You should continually work to track and refine all of the keywords you use to draw customers to your site. Over time, you will clearly see what works a
DEAR LoanResources.Net:
I was very impressed with your article entitled "8 Point Checklist, Evaluating Online Lenders."
I have tried several sources to refinance my auto. I only have 2 more years to pay $245.04 a month. I owe 4,414.00 on the car loan.
This may not seem like a lot of money but I would like a lower interest rate on my car loan which is now $16.4% APR.
I want to still pay it off in 24 months but at a lower rate so that I can use the money saved to help pay off other bills.
In my internet searches, the auto refinance loans required that you borrow more money than I need. I tried to search for unsecured personal loans on your website and they also required that I borrow more money.
I have a very good credit record and I am working to get some of my bills paid off.
Is there anything you can suggest so that I can get a lower rate auto loan for under $5,000? Any assistance will be appreciated.
Thanks. Geraldine W.
DEAR Geraldine:
Sorry I have not gotten back to you sooner. I took a couple weeks off to be with family...Thanks for the compliment on the article!
Anyway, I read your email and I do indeed have a suggestion or two that I'm happy to share.
A COUPLE THINGS INITIALLY:
1. First, you’re paying a very high interest rate at 16.4% APR for an auto loan! I'm going to assume that your statement as to your good credit is accurate. If that's true, then you do indeed need to fix this.
2. Since you only need $5000, with the intention of paying it off in 2 years or less, I don't think you should look for a refinance auto loan or a refinance on your home. Indeed, the bank is going to want to loan you much more money, usually at least $25,000. While a refinance or equity loan on your home does offer tax benefits, we’re only talking about interest on $5,000 over the course of 2 years. I have another idea you may not have considered.
HAVE
I read on a bulletin board a traders comment that on his first outing trading the E-Mini S&P 500 he lost on each of his trades. He noted though, that had he had a wider stop each of his trades would have been profitable and that therefore he would be trading with a wider stop in future.A wider stop on these particular trades may have worked, but this does not mean that a wider stop per se is the answer. In fact, everyday there is the possibility of any given trade going into profit if given enough room, but that does not a wise strategy make. This trader was a seller in a market that subsequently went down; hence he could see that had he given his position a bit
This may not seem like a lot of money but I would like a lower interest rate on my car loan which is now $16.4% APR.
I want to still pay it off in 24 months but at a lower rate so that I can use the money saved to help pay off other bills.
In my internet searches, the auto refinance loans required that you borrow more money than I need. I tried to search for unsecured personal loans on your website and they also required that I borrow more money.
I have a very good credit record and I am working to get some of my bills paid off.
Is there anything you can suggest so that I can get a lower rate auto loan for under $5,000? Any assistance will be appreciated.
Thanks. Geraldine W.
DEAR Geraldine:
Sorry I have not gotten back to you sooner. I took a couple weeks off to be with family...Thanks for the compliment on the article!
Anyway, I read your email and I do indeed have a suggestion or two that I'm happy to share.
A COUPLE THINGS INITIALLY:
1. First, you’re paying a very high interest rate at 16.4% APR for an auto loan! I'm going to assume that your statement as to your good credit is accurate. If that's true, then you do indeed need to fix this.
2. Since you only need $5000, with the intention of paying it off in 2 years or less, I don't think you should look for a refinance auto loan or a refinance on your home. Indeed, the bank is going to want to loan you much more money, usually at least $25,000. While a refinance or equity loan on your home does offer tax benefits, we’re only talking about interest on $5,000 over the course of 2 years. I have another idea you may not have considered.
HAV
While extended stay guests have long been part of the hotel industry, the purpose-built segment has exploded in North America and particularly in the US within the last ten years. This has been a hotel developer's nirvana. Who wouldn't have been attracted to the segment?Depending on whose figures you rely on, extended stay guests make up about six to ten percent of the overall traveling public and a greater percentage of the industry's sold room nights. Yet even today, extended stay rooms make up about less than ten percent of the North American total hotel room count. Even though this segment of the industry has experienced great growth by the adding of new br
I have a very good credit record and I am working to get some of my bills paid off.
Is there anything you can suggest so that I can get a lower rate auto loan for under $5,000? Any assistance will be appreciated.
Thanks. Geraldine W.
DEAR Geraldine:
Sorry I have not gotten back to you sooner. I took a couple weeks off to be with family...Thanks for the compliment on the article!
Anyway, I read your email and I do indeed have a suggestion or two that I'm happy to share.
A COUPLE THINGS INITIALLY:
1. First, you’re paying a very high interest rate at 16.4% APR for an auto loan! I'm going to assume that your statement as to your good credit is accurate. If that's true, then you do indeed need to fix this.
2. Since you only need $5000, with the intention of paying it off in 2 years or less, I don't think you should look for a refinance auto loan or a refinance on your home. Indeed, the bank is going to want to loan you much more money, usually at least $25,000. While a refinance or equity loan on your home does offer tax benefits, we’re only talking about interest on $5,000 over the course of 2 years. I have another idea you may not have considered.
HAV
Think you have what it takes to be an consultant or a coach? I wasn’t so sure I knew when I first started in 1999. All I knew was I desperately wanted to work from home to raise my two sons after my divorce. It took a lot of trial and error to get to the stabile and profitable business I am running now in 2006. There are some things I learned along the way I wish I knew much earlier in the game.One thing I learned is that writing is a very small part of being a successful entrepreneur. Don’t get me wrong. You DO need to know how to write. But your success depends largely on your savvy as a businessperson. How do I know? Because
Anyway, I read your email and I do indeed have a suggestion or two that I'm happy to share.
A COUPLE THINGS INITIALLY:
1. First, you’re paying a very high interest rate at 16.4% APR for an auto loan! I'm going to assume that your statement as to your good credit is accurate. If that's true, then you do indeed need to fix this.
2. Since you only need $5000, with the intention of paying it off in 2 years or less, I don't think you should look for a refinance auto loan or a refinance on your home. Indeed, the bank is going to want to loan you much more money, usually at least $25,000. While a refinance or equity loan on your home does offer tax benefits, we’re only talking about interest on $5,000 over the course of 2 years. I have another idea you may not have considered.
HAV
If you are in sales it makes sense to stay in touch with all your sales contacts and keep doors open. If you blow smoke, lack integrity, pitch too hard then you are liable to piss off your prospect and potential customer and end up losing in the future any sale you might have had.Some sales people will feel once someone says NO that that is a forever thing. Often as an owner of a company when I said NO, it was a forever situation, yet I always kept the brochures, sales information and filed it away somewhere.In fact most companies do file sales information from various companies and this is something that makes sense. Make sure that your sales information
HAVE YOU CONSIDERED?
Have you considered just putting the balance of your car loan on a credit card that has a lower interest rate?
1. Credit Cards are, indeed, unsecured lines of credit with financial institutions.
2. They are the perfect financial vehicle for a $5,000 transfer of debt, with added flexibility, and you should be able to find an interest rate between 9 to 11%, and better, on average.
3. IN ADDITION! Once approved, the bank will usually give you blank checks for balance transfers (sometimes they'll just do it for you right over the phone)...,
4. AND GUESS WHAT? The majority of the time, the incentive interest rates on the balance transfers are EXTREMELY low; sometimes zero percent for up to 6 months to a year.
5. IN ADDITION! you can apply for incentive cards that provide rewards for your spending....free airline miles, cash back programs, etc. I use the American Express Blue, and I get cash back of up to 3% on everything I spend. So, for $5,000, 3% cash back, AMEX™ pays me $150.
How do you like them apples? The bank pays YOU to borrow money.
RECOMMENDED PLAN OF ACTION:
So, Geraldine, here's what I recommend you do:
1. Go back to our website, and explore the credit card offers we’ve recommended. We’ve picked out what we think are the best offers, and there are a LOT of them, so think of it as a much needed shopping trip! Pay particular attention to our links for "incentive cards". We have two pages of them.
2. Apply for whatever card or cards suit your tastes and needs. There are so many great reward cards
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