Guaranteed Auto Loans Fast – Auto Loan Payoff

As things move so fast today, we cannot wait for things to happen. And that means to every aspect of life, whether we are going someplace, purchasing something, or getting something to eat! So now with fast vehicles, quick transactions, and fast food, why not fast auto loans? In this piece, we will discuss exactly why fast auto loans ring true for today’s auto purchaser.Story behind auto loansTo begin at the beginning, why would someone want a car? Evidently as someone didn’t have the means to finance an auto purchase, so it ought to be equally obvious that the purchaser wants the car loan fast. In such cases, the relatively long-drawn rigmarole of getting a standard auto loan is pretty tedious and irritating, which leads us to the quick auto loan path. Such loans are loans that several non-banking finance companies have introduced in order to cater to those clients who are not willing – or not able – to wait to purchase a vehicle. The number one thing about fast auto loans online is that they enable you to buy an auto in days, as opposed to weeks with a normal loan.Quick rideThe reason fast auto loans are so fast is primarily because the processing time is much shorter. And by saying fast, I mean literally hours, because that’s how long it takes for the loan amount to reach the account after completion. Obviously, this necessitates the approval process is lightning quick as well. And what is particularly significant, especially for bad credit buyers, is that there are no stringent checks of your credit record, so you aren’t refused a loan on your past record.Borrowing optionsThere are 2 segments of fast auto loans. one: short term car loans and two: long term auto loans. What is the difference? Well, short term car loans are to be repaid fast, which means monthly installments and interest rates are steep. Alternatively, long term auto loans are best matched for those with a fixed monthly income, that can’t really afford high interest rates or monthly payments.Revenue modelWhy would anyone do it? That is a something that you may very easily wonder. Why would a some institution lend you money without really checking you out? Why would it not be concerned if you had a poor credit history? Well, the reason is that, for fast auto loans, interest rates are generally higher than the normal rates. And, the sum of the contract may vary depending on your monthly salary and your repayment schedule, which the lenders will want to see. And if you have applied for a short-term loan, the rate of interest at the time of repayment might vary with to the current market rates. But, for a long-term loan, market changes don’t affect rate of interest. And remember above all, you could bring down the interest rate if you make a sufficiently big down payment.Checks and balancesRemember that with the reliable companies, there are also many frauds and tricksters online, waiting for the less cautious car purchaser with flashy fast auto loan offers. So you need to choose the offer carefully, and read the terms and conditions for your fast auto loans before you commit.

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No Down Payment Bad Credit Auto Loans – 5 Questions To Ask Yourself

When you are searching for the right deal on an auto loan, the whole process can feel a bit overwhelming. This is especially true if you have a bad credit score.One of the main reasons that folks can feel anxious about the process is that there are so many decisions to make. You first have to figure out the make and model of the car you will buy. But, there is more to it than that. You also need to determine whether the car that is in your sights is one that you can afford.This is where having a bad credit score can make things even harder. With a low FICO score, you now have to always be looking over your shoulder during the loan application process. You have to worry about not only whether you will get approved for a loan, but also about whether you will have to end up paying sky-high interest rates on your auto loan.If you are looking for no down payment bad credit auto loans, here are 5 questions to ask yourself:1. How much do I need to borrow?This question is an important one because it will affect whether you can strike the right balance between getting access to the money need to buy the car you want and not borrowing too much. If you borrow more money than you need via your auto loan, the loan will end up costing you more than is necessary – or the loan application could even be rejected. So, choose a reasonably-priced car.2. How soon until I can repay the loan?This question has to do with the amount of time it will take you to pay the loan back. The faster you can pay it back, the less the loan will cost you. Since interest rates on bad credit auto loans are higher than rates on, say, a home mortgage, you will want to borrow the money for as short a term as is realistic.3. Am I able to find bad credit auto lenders?Most auto lenders will reject your application if you have bad credit and no down payment. However, most bad credit auto lenders have programs for people in your situation. Be sure to seek them out.4. Do I want the option of applying online?You likely have auto loan lenders in your city or a nearby town who have physical, brick-and-mortar offices. This can be a good option for you to consider. However, at the same time, you should also apply to at least a handful of online lenders, as well. By applying online, you are not limited to what may be local, “small time” lenders who do not have as much to offer in terms of loan options. Most online lenders serve clients nationally.5. Should I review my credit report before applying?Depending upon the auto loan lender, they may or may not check your credit. Still, if you are seeking out bad credit auto lenders that do not require a down payment, it is at least a good idea to run your own credit report and become familiar with it before you apply.Ask yourself these 5 questions before you apply for a no down payment bad credit auto loan.

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Buying Below Market Value Property as a Route for UK Landlords to find Financial Freedom

You may be reading this at work on Monday morning thinking there must be any easier way of making a living.I can tell you there is. I secured my financial freedom at the ripe old age of 37. It didn’t happen over night though. A decade of hard work aided by a housing boom eventually secured me the financial FREEDOM that I so desperately wanted. How did I achieve this?Landlords make their money when they buy, not necessarily when they sell. That is to say that a landlord’s secret to making a fast and substantial profit is by buying their residential investment property at below what would generally be considered Market Value.A landlord should therefore always be an opportunist by instinct. When looking for a new investment property they should look to view many properties before they are likely to secure the right residential investment property at the right price.Opportunities of the credit crunchLike any so called financial crisis one person’s misfortune is likely to be somebody else’s golden step up.I myself have bought several properties from motivated sellers:executors selling deceased persons propertyone individual who’s business was ‘going down the pan’a repossessiona husband selling after a divorcea man who needed to move back to ScotlandAll these have turned out to be great property buying opportunities.In the press I have recently seen several stories featuring firms who specialise in buying properties from distressed sellers often before they are repossessed or because the owner needs the money to pay off other debts. These companies often offer to let the property to the former owner once they take possession. I examine below some of the techniques involved in securing below market property from motivated sellers.Techniques for landlords buying from motivated sellersThe techniques involved in highlighting motivated sellers are not difficult but do involve some work by the landlord. In essence the more work a landlord puts in, the better the opportunity they are likely to uncover.A motivated seller is a property owner who needs to sell fast and therefore are likely to be prepared to sell their property below it’s true value. Motivated sellers are likely to want to sell for a number of reasons; some of the common ones are as follows:The owner has died and the residential property is sitting empty.The relatives or the executor is just looking to get ridThe owner has some financial problems and therefore needs to sell to raise funds or pay off a debtThe owner needs to move quickly because they are relying on the funds to secure another propertyThe owner just wants rid so that they can move on – they are emigrating or involved in a relationship break upThe secret for any landlord looking for a motivated seller is that they need to get as close to the sellers to find out what motivates them so that they can arrange the deal that best suites their circumstances.A motivated seller will often become more motivated to sell the longer the sale process has been going on for and also at certain times of the year from December to February when the market is at its quietest and buying interest the lowest.How can a landlord locate these motivated sellers?There are a number of ways a landlord can identify motivated sellers. This is where the greater the effort of the landlord to unearth a property investment bargain, the more chance they will be able to source one and the better the investment opportunity they will unearth will be:1. leaflet drop- identify a target area for potential properties and then post leaflets advertising to buy property and rent them back to the owner who becomes your tenant.2. estate agents- contact all the local estate agents in the area that you want to buy in and let them know that you are looking for bargains and that you are a potential cash buyer of residential investment property. Even if you just have a forward buying facility you should be able to flush out some bargains. Remember it is persistency that gets results – make it clear to agents that you want to buy now and that you as the landlord have the resources. This way you as a landlord should get the pick of the bargains.3. advertise – landlords should look at advertising in the local press, a small add in one of these should generate some potential leads4. networking – tell as many people as you know about what you do and that you will look at any property at the right price – the message soon gets around5. newsagent windows – a card in the window of a local newsagent is likely to be seen by a surprising number of peopleHow do I negotiate a bargain?All this is likely to generate considerable potential opportunities that you as the landlord will need to follow up. Where off market situations are involved, i.e. ones where the property is not on the market through an estate agent; always look to ascertain what the circumstances are of the buyer before mentioning a price. Remember, the old adage ‘he who mentions the price looses’. Always start low with any negotiations and then work up, it is virtually impossible to get the best deal the other way round.The rest is up to you as the landlord to use your negotiating skills to secure a property investment bargain to start or add to your buy-to-let investment portfolio.I have no problem with sourcing a property bargain. I do however know of an increasing number of companies that specialise in buying properties from distressed sellers. The sellers are often vulnerable people in difficult emotional, economic situations and not always the ‘sharpest knives in the block’. The companies that specialise in these acquisitions often exploit the frailties of these unfortunate individuals. I have the financial muscle and the experience to do this but one reason I will never be a property billionaire is that I don’t want be a property vulture. I would always encourage landlords to do all they can to be a property hawk and hunt down a residential investment bargain.I still think it’s possible for a landlord with hard work to be able to; source buy-to-let investment bargains, build a property portfolio, secure their financial freedom and still to be able to sleep at night.

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