Online Car Finance
With the increase in the number of people who want to purchase a car through car financing, many car financing companies now go online to take advantage of the power of the Internet.Over the years, car financing has changed a lot in order to cater to the people’s demand for a more convenient way of shopping for car financing options. And because of the Internet, online car financing is now widely available to those people in search for a variety of options.Online car financing is very convenient. You can file your loan application over the Internet and shop around for a good deal from the comfort of your office or home. You do not have to visit your local car financing company because everything about car financing is already available to you online. You just have to email the company or contact their customer service representative for certain queries.Aside from this, applying for online car financing is not as lengthy a process. What used to take hours can now take minutes because of modern technology. You can easily browse from site to site to compare car financing companies as well as their rates. You just have to read and understand the details about car financing included in the website so when you file your car financing application, you have a clear understanding of what you are getting into.However, with the rise of scams on the Internet today, you have to be very cautious when selecting the online car financing company that you deal with to make sure you are not being taken advantage of. You should only deal with companies that publish their contact details on their website, including phone numbers, email addresses, the company’s address, and the name of the company head. You should find time to verify their office’s contact information in the phone directory or in the yellow or white pages. If the company is not listed, it could probably be a phony site.Online car financing is indeed a more convenient way to shop for car financing options and compare car financing rates. Just take the time to do your research, as this will help you find the best deal for your car purchase.
The Search For the Best Home Based Business
The search for the best home based business can become overwhelming. There are as many home based business opportunities available today as there are people searching for them. Or so it seems. However, there are many legitimate, successful home businesses being created every day. The key is to know what to search for and to have a clear picture as to why you are searching.Most people that start a home based business share a common belief. And that is, “There’s got to be a better way”. Perhaps you have reached a point in your career or job that has become unfulfilling and unrewarding. Maybe you feel that the amount of money you are earning is disproportionate to the amount of time you are investing. Time that could be better spent. (i.e. Family, hobbies, travel; the list goes on). Or perhaps you have recently lost your job, thus forcing you into pursuing a home based business. Everything happens for a reason.Before you begin the search for the best home based business, you should spend some time clearly identifying what your goals are. Setting these goals will help you to determine which home based business opportunity can realistically enable you to attain your objectives. Below are a few examples of personal goals:o Earn substantial income (6 figures, 7 figures, or part-time supplemental)
o Work less than 40 hours per week.
o Be own boss.
o Improve quality of life.
o Take more vacations.Once you have identified your personal goals, the objective of finding the right home based business will become more focused. In other words, you know what you want, therefore you have a better idea about what to look for. To assist you in finding the right home based business for you, one that is legitimate and offers true potential, there are several key elements of which you should consider.o Product or service. Is the product or service of interest to you? You will be more likely to succeed in a home based business if you believe in what it is you are promoting.o Size of market. Is the size of the market big enough? The market should have a large number of consumers spending a significant amount of money for these products or services? A good example is the personal and professional development industry. The size of this market is huge (in the billions). Almost everybody on the planet wants to improve their lives in some way. Sound products in this industry can effectively help people gain financial freedom, overcome a fear, create a better work/life balance, or help someone achieve a goal that appears unattainable.o Earning potential / compensation plan. Money is certainly an important variable in running a home based business. You want to make sure that the earning potential is in line with your financial goals. If, for example, you want to generate a substantial income, look for a home based business opportunity that will pay high commission dollars (at least $1,000 per sale).o Business support. It is imperative to ensure that you are not on your own as you build and grow your home based business. As you speak to people about these opportunities, ask them about their support system and philosophy. There should be a number of people available to assist you along the way, and there needs to be some form of ongoing training (i.e. Conference calls, webinars, e-mails, seminars).o Legitimate company with integrity. Since there are so many home based businesses available, it stands to reason that the legitimacy and integrity of these entities span the spectrum. Make sure that the home based business you choose to associate with is not only a “real organization”, but is also in line with your values. Speak to a few members. Conduct online searches about the company. Attend a conference call. Purchase a book or DVD that helps explain who they are and what they do.During your search for the best home based business, just stay focused on what you are trying to accomplish and why. Your desire, motivation, and passion for finding the better way will pay off.
Real World Lessons On Inventory Financing From Purchase Order To Cash
It’s possible. It’s certainly not easy though, but inventory financing and purchase order finance are two little known and under utilized Canadian business financing strategies for business owners and financial managers.In certain industries, probably yours if you are reading this!, inventory is one of your key assets. The turnover and financing of that inventory play a key role in your sales and profit growth. You ability to purchase and turn inventory are key to the earnings you generate. That’s why when clients ask for information on their ability to finance purchase orders and inventory it becomes critical that they understand their options and the cost of those options.It’s worth stepping back a bit and focusing on the fact that your ability to manage your inventory will play a key role in the ability to finance it. Simply speaking your ability to demonstrate turnover of product, controls in purchasing, and as important, and your firm’s ability to demonstrate reporting around this key current assets on your balance sheet.The purchase order/contract and sales generation is of course the ultimate balance act for any firm – no inventory, or improper levels wont allow you to fulfill sales, too much inventory can drain cash flow.Financing inventory in Canada really boils down to two essential solutions, your bank, or independent finance firms who are willing to take greater risks and offer you additional leverage on financing your products. Why do they take more risk – simply because it’s their business to understand your industry and the nature of your products and the ultimate salability or liquidation value? Their expertise in this area translates into greater borrowing power for your firm – and that’s a good thing!Investing and monetizing your inventory is a good thing, provided that the inventory produces a solid rate of return – therefore financing and management of your products is key to overall business success.Inventory financing and purchase order finance is Canada is available, it’s also specialized. As your firm generates new contracts and purchase orders that you are having a challenge in fulfilling (because of finance and cash flow pressures) you should consider finding an alternative source of financing based on your overall current business financing with your senior lender, typically a bank.Specialized inventory financing and purchase order finance firms are most likely your problems solution. Funding is provided to fund the cost of your products with your suppliers, and the actual day to day finance strategy is much focused – payments are made to your suppliers, often directly, allowing you to receive product, and ship, thereby generating a receivable. Receivables turn into cash and the cycle is complete.Inventory finance works best when it involves a holistic approach of collateralizing the purchase order, the inventory and the receivable that you generate as sales revenue.That by its necessity typically involves a non banking institution, i.e. the private independent finance firms we’ve discussed. One tool, an asset based line of credit which collateralizes inventory, A/R, and even equipment is often the total solution you are looking for.Speak to a trusted, credible and experienced business financing advisor to ensure you understand solutions available to inventory and p o financing for long term sales and profit growth.
Are You Choosing the Right Stock Market Advisory Company
What do you do if you want to learn driving a car? You will try to find an expert teacher, isn’t it? You do not want to avail the services of a novice individual to help you out, but a professional person can provide you the vital tips and most importantly guide you efficiently. Similarly, when it comes to investing in the stock market for the first time, you require a knowledgeable advice to attain your financial goals and get profitable returns.
If you are a beginner, then it is quite obvious that you may be having no information about the process of buying the right shares in the market. In such a situation, getting the right tips from an experienced financial advisor or a registered advisory company will truly prove to be a great blessing in disguise. However, there are some of the important things that have to be kept in mind while choosing the top stock market advisory company, which are as follows:
How much assistance do you actually require?
Before you make up your mind to hire an advisor, it is imperative that you must first decide about the kind of service you require from them. You may need their help at the beginning or during the time of any issues. This is because an advisor has to formulate a map according to your requirements. Hence, it is suggested to ascertain your needs first and then take further action.
Choose a top ranked advisory company
It is a very important point that has to be taken into the consideration. Availing services of the well known advisory company or a financial advisor is an absolute necessity. Make it a point to carry out a proper background or research work about the company. Check out their credentials, reputation, experience, etc before hiring them.
Asking for a sample financial plan initially makes sense
When hiring a financial advisor, then do not forget to ask for sample plan first. It is imperative to note that there is no such thing called the perfect plan. A sample plan will help you to determine whether an advisory company is actually making sense according your requirements or not.
Conclusion
The financial planners or advisory companies can really turn out to be the greatest asset for you if you choose the best one. They are just like the professional sailors who can help you out to sail through stock investment related problems quite efficiently.
Deepak is a financial advisor who likes to provide quality tips to the people facing any issues with regard to investing in the stock market. He likes to keep himself updated about the stock market by reading articles, news and blogs, etc.
Hidden Advantages of Outsourcing Services for the Car Loan Industry
Let us face the reality that today, we live in a ‘do-it-yourself’ way of life. As they should, people want to show off their auto repairs, home improvement projects, and many other tasks that majority of us would more often not seek professionals to perform the task, as they just prefer to do it by themselves.
It is absolutely a great value in a number of ways. You can gain expertise from your experience. Sometimes, it does not necessarily mean that it is a better way to go from doing something by yourself because oftentimes, it pays more to hand over and look someone for help.
Many of the car loan businesses are beginning to worry about not only getting in the game but also in maximizing their returns with all sizes racing to compete in the lending market. To outsource car loan business services, many industry experts understand that it is often considered more cost-effective.The most obvious reason for doing this is because industries don’t have to hire new staffs or underwriters solely for car loan operations and services. You have to keep in mind that those industries are also avoiding the other expenses related to assisting the infrastructure associated with an internal underwriting team.
But the advantages don’t stop there because there are a number of hidden advantages that many businesses fail to consider when entertaining ideas of outsourcing their car loan business processing that includes staffing and funding. Here are some of the hidden advantages of outsourcing for car loan business:
Increase the Number of Loans that Leads to More Net Profit
Just consider it as any consumer business committing to sales. As this dealer management is all about being able to see, looking for your niche and catering your offers to the biggest needs of your dealers. Better and stronger relationship with dealers and having more dealerships in the network in order to drive portfolio growth is one of the end goals of outsourcing some services when you are in the car loan business.
Improved Relationships with Customers
Your staff will be able to intensify its focus on strengthening relationships with your customers- making visits, gathering feedback and better addressing their needs that will drive growth for your car loan business portfolio.
A Guideline that Allows the Outsourcing Provider to Serve as an Extension of Your Car Finance Team
Your outsourced car loan provider should be able to efficiently, quickly, and easily customize its financing scorecard to fit your representation. By doing this, it guarantees that making a decision for car loan financing is consistent and fits your appetite and business plan.
Access to Consultation and Expertise
It allows your business to avoid common pitfalls that businesses fall victim to when trying to get in-house functions off the ground when outsourcing your car loan business processing. Through outsourcing, those businesses must hire the expertise that is readily available.
After-Hours Process
By waiting until the next business day to respond to proposals, don’t miss out on those deals especially over the weekend when many consumers have time to hunt for motorcycles, cars, and trucks.
It will absolutely offer a significant benefit over businesses with in-house operations that are confined to traditional business hours when you have an access to after-hours processing service.
Would You Benefit From Making Early Payments on Your Auto Loan?
Monthly payments make up an important element of the auto loan. The amount of money that you will pay each month depends on a number of things; such as the money you put down, the value of the car, loan term, your current income and credit score, etc. Many a times people wish to repay their auto loan earlier than their term or wish to get the loan refinanced. Understanding the effect of paying your loan early vis-à-vis making timely payments can help you in making a well-informed decision.
Pay Early or Pay on Time: The Auto Loan Question
· Are you interested in making Early Payments?
You know you are a financially adept individual when you think about paying your auto loan early rather than spending the money on frivolous things. The following pros and cons of prepayment will take you one step closer in making the right decision.
Pros: The reduction in the interest amount can help you save a great deal of money. Paying off your auto loan early gives you the financial freedom to use that money elsewhere. Secondly, if you are going to receive a large sum of money in the near future, it is wise to prepay your loan instead of spending it elsewhere. It will make your debt-free early and allow you to live a tension-free life.
Cons: Timely auto loan payments mean that you have planned your finances in an efficient way. If you repay your loan all at once, it may project that you are unable to manage your credit. Remember prepayment of your auto loan will not hurt your credit score, however, it will not improve the score either.
· Do you believe Timely Payments are a Good Choice in the Long Run?
Small payments made every month can surely have a positive impact on your credit rating. The following pros and cons will help you clarify the advantages and disadvantages of timely payments.
Pros: Timely payments made every month are certain to keep your credit score in check. Many a times people may forget to make the payments on time. However, automatic bank payments can help you to keep your payments regular. A shorter loan term with timely payments will help you in obtaining lower interest rates and an overall cheaper auto loan deal in the future.
Cons: An automatic timely payment means that you will have to maintain a certain balance in your bank account, which may temporarily block your finances. A certain amount of your income gets allocated to the monthly payment. Compared to a prepayment strategy, timely monthly payments carry less financial freedom.
Your Auto Loan Payment Schedule: What is Best for you?
Income is an important element that decides which option you should choose between paying your auto loan early and making timely payments. If your monthly payment is manageable and your income supports the loan, you should opt for timely payments. However, if your income source is unstable and you require a car on an immediate basis, you should opt to make a prepayment of your entire loan. On the basis of your financial situation and circumstances, make the wiser choice.
Are you looking for a car loan that matches your financial situation? Choose RapidCarLoans.net. The bad credit auto financing company offers customized pre-approved auto loan options to car buyers. Zero pre-payment penalty means you can pay off your loan early. Apply now.
Can Bankruptcy Help Prevent My Car From Being Repossessed?
According to The Washington Post; “A record 7 million Americans are 3 months behind on their car payments” – February 2019. That title says it all. In other words, if you are filing bankruptcy and have missed your car payments, but you still want to keep your car, you are not alone.
The Credit Union Journal has a recent article in the May 2019 edition titled; “In avoiding subprime auto loans, are Credit Unions shunning their roots?” It turns out that car loan defaults are once again at historic highs. This is a nationwide problem for lenders, and not just locally here in Ventura County or Los Angeles County.
There are legal remedies you can deploy to stop your car from being repossessed. Many consumers do not realize that under both Chapter 7 and Chapter 13 Bankruptcy Law you can temporarily prevent car repossession by your lender. This is because during bankruptcy proceedings the court issues an “Automatic Stay” prohibiting and preventing the lender from repossessing your car. The lender can ask the court remove the ‘automatic stay’ and if the court agrees, the lender may take possession of the car anyway, but this temporary stay may be all you need to get the lender’s attention to work with you and your attorney on a modified repayment plan.
The best way to deal with this situation is to be in contact with your car lender, and it’s best to do that through a bankruptcy attorney, it holds more weight. It also stops the lender from trying to bully you. Your attorney can renegotiate the terms and help you set up a new payment structure thus, allowing you to keep your automobile in a bankruptcy.
Consider if you will that lenders don’t really want to repossess cars, they are not in the automotive business, they are in the lending business, they just want to be paid, as per the original agreement. If they realize that isn’t going to happen, they will weigh their options and consider what’s best for them. Perhaps, a reduced interest rate, reduced balance, or renegotiated terms are better for the lender than a repossessed used car with low resell market value due to wear and tear and depreciation. Face it lenders do not want to lose any more money than they absolutely have to.
Another important point you must remember; the ‘automatic bankruptcy stay’ is only temporary, and if you haven’t been making timely payments, once your case is closed you can expect the lender to demand return of the car or they will repossess it. Also keep in mind that the stay is only good during the bankruptcy proceedings which for Chapter 7 lasts about 3 months or so.
What’s the Best Way to Prevent Car Repossession During Bankruptcy Court Proceedings?
Make the payments
Make up missed payment
Come up with a repayment plan, ask court to approve it
Stay in contact with the lender through your attorney
Ask for some help perhaps paying interest only for a couple of payments
Renegotiate the Car Loan
Ask court if you can buy your car back for its fair market value (Redeeming Your Car under Chapter 7 Bankruptcy Law).
Ask your bankruptcy attorney about ‘cramdown’ strategies in Chapter 13 bankruptcy
What Can You Do If Your Car Is Repossessed Before the Bankruptcy Filing Date?
Ask your bankruptcy attorney to help you come up with a repayment plan so the lender can get the missed payments. If this has happened to you, and if your car has already been repossessed, do not delay. Call your bankruptcy attorney now! That’s probably the best advice of all.
Summing it all up!
You need to know your rights and understand the motivations of your lender. You need a good solid bankruptcy lawyer who works for you, one who has dealt with the local lenders here in Ventura and LA County. An attorney who gets it and has decades of experience. With the right strategy, you’ll be able to keep your car, prevent humiliation, and prevent loss of your transportation. After all, we live in California and you need a car.
Will Crypto-Based E-Commerce Destroy the Dinosaur-Style Banking Industry?
Banking, as we know it, has been around since the first currencies were minted-perhaps even before that, in some form or another. Currency, in particular coins, grew out of taxation. In the early days of ancient empires, annual taxation on one pig may have been reasonable, but as empires expanded, this type of payment became less desirable.
However, since the Covid situation, not only have we seemed to move to a “cashless” society, (as who wants to handle potentially “dirty money” in a shop), and with “contactless” credit card transaction levels now increased to £45, and now even tiny transactions accepted, such as a daily newspaper, or bottle of milk, get paid by card.
Did you know that there are over 5,000 crypto currencies in use already and of them Bitcoin features highly in that list? Bitcoin, in particular, has had a very volatile trading history since it was first created in 2009. This digital cryptocurrency has seen a lot of action in its fairly short life. Bitcoins initially traded for next to nothing. The first real price increase occurred in July 2010 when the valuation of a Bitcoin went from around $0.0008 to in the region of $10,000 or more, for a single coin. This currency has seen some major rallies and crashes since then. However, with the introduction of what are called “Stable” coins – those backed by the US Dollar, or even Gold, this crypto currency volatility can now be brought under control.
But before we explore this new form of Crypto-based E-Commerce, as a method of controlling and using our assets, including our “FIAT” currencies, let’s first look at how the Banks themselves have changed over the last 50 years or so.
Who remembers the good old Cheque Book? Before Bank Debit Cards came along, in 1987, cheques were the main way of transferring assets with others, in commercial transactions. Then with Bank Debit Cards, along with ATM’s, getting hold of one’s FIAT assets became a lot quicker, and for on-line commercial transactions.
The problem that has always been present with Banks, is most of us needed at least 2 personal bank accounts (a Current account, and a Savings account), and one for each business we owned. Also, trying to move money from your bank account “swiftly” to say a destination overseas, was anything like SWIFT!
The other issue was the cost. Not only did we have to pay a regular service charge on each Bank Account, we also had a hefty fee to pay on every transaction, and, of course, in very rare occasions we would not get any worthwhile interest, on money in our Current Account.
On top of all that, Overnight Trading, every night, using expert financial traders (or, latterly Artificial Intelligence (AI) Trading systems), all of OUR assets would be traded, and with the economies of scale, the Banks became a Major Earner on our assets – but not us! Have a look at the potential business to be made from “OVERNIGHT Trading”.
So, to summarise, not only do the Banks charge a hefty fee for storing, and moving our assets, by the use of clever Trading techniques, they also make hefty profits from trading our money on the Overnight circuit, for which we see no benefit.
The other point is – do you trust your Bank with all your assets?
How about what Bank of Scotland, who were THE Scotland National Bank, now owed by Lloyds Banking Group, have been recently labled, in a September press release that stated “Lloyds Bank Asset Frauds – The Most Serious Financial Scandal of Modern Times.”
Why not Google that web site, and then make your own mind up?
So, now let us take a look at how a Crypto-based E-Commerce system should operate, and how the advantages that the Banks enjoyed with OUR money, can become major profit centre for the Asset Holders – US!
On 10th October 2020, a major new Crypto-based E-Commerce company is being launched – FREEBAY.
Briefly, FreeBay, based in Switzerland, is a company incorporating its own Blockchain technology, with its own SAFE Crypto Coin ( Based on V999 technology ), and enables its members to transfer their FIAT assets into Gold Bullion, removing the need to involve any BANK.
V999: digital gold empowered by the blockchain; a digital token, backed by physical gold V999 Gold (V999) is a digital asset. Each token is backed by one tenth of a fine gram gold bar, stored in vaults. If you own V999, you own the underlying physical gold, held in custody. On top of that, FreeBay members can purchase packages that include powerful Automatic Intelligence-Based Trading Robots.
So now, you can not only achieve total independence from a standard BANK, but you can also trade, like the Banks, your digital Gold assets, in the form of V999 Crypto tokens, on the OVERNIGHT systems, only now you, the asset holder, get the rewards, not the Banks.
But there is even another great advantage in trading V999 Tokens. As you would be the Generic owner of the token, so, like the Banks, every time a V999 token is traded (i.e. sold), say, to purchase Bitcoin, or any other Crypto currency, a Transaction Fee is charged. Every time a transaction takes place, the generic owner of the V999 token gets a small percentage of that Fee.
Note, that once a Trade takes place, and a V999 Token is sold, in exchange for say Bitcoin, or any other Crypto coin, a small %age of that Transaction Fee is paid to the GENERIC OWNER of that token (i.e. YOU). Because Freebay’s objective is to make the V999 Token one of the most sought-after safe Crypto coins, even after your Token has been sold to another Trader, as you are still the Generic owner of the V999 Token, whenever that Token is traded by any other Trader, it is you – the Generic Owner of that Token that gets paid the Trading Commission.
This could not only create a great Passive Income for you, for life, but is Willable to your descendants – and not a conventional bank involved anywhere.
So, the more V999 Tokens you buy, and get into circulation, the bigger and better with your Residual Income – for not just your lifetime, but probably for your dependants – could become a reality.
Interested enough to find out more? Then click here.
OK, if you are looking to participate in the new Crypto E-Commerce environment, using powerful Blockchain security, moving your assets from FIAT currencies, into digital gold, with the all-new V999 Gold-backed Token Crypto Coin, just to protect, and grow your assets, then you are already on a winner. Add to that, the fact that you are cutting out the middleman (the Banks) – and their fees, as well as trading your own assets overnight, using Robots, so that profit is all yours. Then, as you trade your V999 tokens, you get a small part of every trading transaction fee. But on top of that, when your Buyer then trades your Generically owned V999 tokens, you get paid a commission on that as well. All this generating on-going residual income. But then, what if you spread the word to others, and they join your team, you win again – and again… (Click here for a no-obligation link to my team).