Are There Car Loans for People with Bad Credit? #scrap #car

#bad credit car loan

Are There Car Loans for People with Bad Credit?

Advertiser Disclosure September 19, 2013 by Gerri Detweiler

In many parts of the country, a car or truck is a necessity. Unless you ve managed to save enough to pay cash for your next vehicle, you ll have to get an auto loan. But what if your credit is bad? Can you even get a loan?

There are car loans for people with bad credit, but you need to be careful when shopping for one to make sure you aren t overcharged.

If you re looking for a bad credit auto loan, the first step is to check your credit report and scores. This step is critical, because one of the reasons auto shoppers overpay for these loans is because they think their credit is worse than it is, and they settle for whatever they can get.

You can check your credit scores and get an easy to understand overview of the information in your credit report for free once a month at In addition to your score, you will see what factors are having the most impact on your scores.

There s another reason to check your free credit reports: you may find mistakes on your credit reports that, if fixed, will help boost your credit scores. If possible, give yourself at least thirty days to dispute credit report mistakes before you start car loan shopping.

After you have checked your credit and fixed any errors, it s time to start shopping for an auto loan to see what is available.

Be smart about your credit while you are shopping for an auto loan. Every time a lender pulls your credit report, it creates an inquiry on your file, and these inquiries can hurt your credit scores. Most scoring models will count auto loan inquiries with a certain window usually 14 45 days as a single inquiry. To be on the safe side, then, limit your auto loan shopping to a two-week period to avoid damaging your credit scores even further.

Know Your Score Before You Apply Get your free Credit Report Card and see what the banks will see before you apply. See your credit score & learn ways to improve it. It’s free & updated every 30 days.

More Ways to Save Money On Auto Loans

If your credit is poor, you may have to pay a higher rate until you can improve your credit scores. But even then, there are things you can do to save money:

Choose a shorter term loan. A 3-year loan will typically carry a lower interest rate than a 5-year loan. Plus you ll save money by paying off the loan faster!

Buy a newer vehicle. Loans for used vehicles are usually more expensive than those for new vehicles. It goes without saying, though, that if you find a really good deal on a used auto, consider it. You can still come out ahead, even with a higher interest rate.

Don t load up on extras. The dealer will probably try to convince you that you to spring for extras like rustproofing, paint protection, VIN etching and more. They ll probably point out that these extras will just add a few dollars to your monthly payment. That may be true, but over time, those extra dollars really add up.

Bad Credit Auto Loans to Avoid

There are numerous traps that cause auto shoppers to overpay by billions of dollars, according to the Center for Responsible Lending. These include:

Loan markups. Dealers may profit when they steer consumers into higher cost loans.

Yo-Yo Financing. You take the vehicle home with you before the paperwork is finalized. Then the dealer tells you that you are stuck with a higher rate, or adds additional costs.

Loan packing. You are pushed into getting other services you may not need such as credit insurance, rustproofing, etc. Keep in mind that none of these extras are required. In the case of credit insurance, if you die before the loan is repaid, your heirs may be able to sell the vehicle or assume the payments, but they are not personally responsible for the loan unless they are a cosigner or they are your spouse and you live in a community property state.

Buy here, pay here car dealers. These dealers advertise loans regardless of credit history. The rates can be extremely high and the quality of the vehicles can be iffy. Many times these vehicles are repo d, only to be sold to another buyer.

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What are the Cheapest Cars for Young Drivers? #car #horns

#cheapest car insurance for young drivers

What are the cheapest cars for young drivers?

Kevin Pratt. Jun 03 2013 at 1:59 pm

It’s never been so difficult to be a young or newly-qualified driver. There’s rocketing fuel prices, tax, hefty running costs and, of course, steep car insurance premiums.

With this in mind, it’s absolutely imperative to do your research before you buy a car. Fuel economy, road tax grouping and the car’s insurance group are vital considerations that will influence your decision.

Together with DriversEdgeUK. we’ve looked at the total monthly and annual running costs of 10 of the cheapest cars for young drivers. We’ve found that the Seat Mii is the cheapest new car when it comes to monthly expenditure, with the average 18-year-old motorist facing a monthly bill of £346.63.

This covers the monthly purchase repayment, car insurance, fuel and road tax. The Mii comes highly recommended, having beaten off tough competition to win the 2012 MoneySupermarket Car of the Year title.

But what if you prefer two wheels rather than four? You could be onto a better deal financially, as the monthly cost of owning a motorbike is significantly less than for a car for young drivers. We found that a Honda CBR would cost the average 18-year-old driver just £224.10 per month.

Save time and money on your car insurance

Used Cars Are A Better Deal #car #financing

#buy a used car

Why You Should Buy a Used Car

I recently wrote about the benefits of buying a new car. but often, used cars are actually the better deal. Here is why:

Used Cars Are a Better Deal than New Cars

Depreciation: Most cars depreciate 20-30% during the first 2 years of ownership. Why should you spend your hard earned money when you can let someone else take the loss instead?

More bang for your buck (and I don’t mean backfiring!): You can often afford to buy a better car with more options than you would be able to buy if you bought a new car. For example, let’s say you have a $20,000 budget for a car. You can buy a decent new car, with few options. But if you are willing to buy a 2-3 year old used car, you can generally get a model higher with more options – some of which would normally add hundreds or even thousands of dollars to the tab on a new car, such as a moon roof, 6 disk changer, alloy wheels, heated seats, etc.

Quality is always improving: A couple decades ago, “used car” was synonymous with “junk.” Cars were disposable objects designed to last 10 years at most. Today’s cars will last a lot longer if you take care of them. There is no reason that you can’t buy a 2-3 year old car and not expect to drive it for at least 7-10 years before you trade it in because you are tired of it not because it is falling apart.

Extended warranties: More and more manufacturers are offering certified used cars and extended warranties. These options may add a few extra dollars to the upfront costs, but can potentially save you hundreds or thousands of dollars down the road. They also give you the piece of mind to know that if something under warranty goes wrong, you won’t be on the hook for the total cost.

That new car smell goes away: In 6 months, you probably won’t know the difference anyway. After a few months the new car smell is gone, you will have spilled your coffee on the floor once or twice, your shoes will drag dirt into the carpets, and your kids… well, they will be kids! To be honest, you probably won’t mind as much if these things happen to a used car because it is expected. But if they happen to your new car… well, that just causes stress! In fact, many people who buy new cars are so paranoid about things happening to their car that they don t enjoy them as much as they should. It s a car; not a museum piece.

Which should you buy? As I already mentioned, I wrote about the benefits of buying a new car, now I m telling you to go buy a used car. Which should you do? I think you should research your options and choose the best decision for your situation.

Zero Down Leases Are At Andrew Toyota #car #battery #charger

#lease car deals

Lease a new 2016 Camry SE for $199 per mo.

Don’t see the vehicle you are interested in? We can customize a real Zero Down Lease on ANY of the new vehicles in our inventory.

Fill out the form above to schedule your one-on-one Andrew Toyota VIP experience with our Leasing Manager.

*Please Note . Zero Down Leases do not include taxes, license, title, dealer fee, and $198 service fee. College Grad and Military rebates are not included in calculations.

ToyotaCare Details: *Covers normal factory scheduled service for two years or 25,000 miles, whichever comes first. See Toyota dealer for details and exclusions. Valid only in the continental U.S. and Alaska. **Prius Plug-in Hybrid comes with an additional year of roadside assistance, for a total of three (3) years from date of first use. Does not include parts and fluids, except emergency fuel delivery.

**While every reasonable effort is made to ensure the accuracy of this information, we are not responsible for any errors or omissions contained on these pages. Please verify any information in question with the Andrew Toyota Sales Management Staff.

Free Car History Reports – Are they really free? #compare #car #rentals

#free car history report

Free Car History Reports

If you aren’t prepared to shell out the $39 you’ll need for a CARFAX report. there are some options available.

CARFAX themselves offer many free services. Their Lemon Check service runs a full report in the background – you won’t get to see the report itself, but it will tell you the total number of history records available for that VIN, as well as if any of those were Manufacturer Buyback or Lemon records. The drawback to this method is that you won’t be able to see any accidents or similar problems with the vehicle, which could lead to costly repairs down the line.

CARFAX also offers, completely free, a PROBLEM CAR CHECK. Simply enter a vehicle, and they will generate a short list of cars for sale in the area that have red flags attached to the VIN. This can be a great way to narrow your initial search, weeding out problem cars from the get-go, and may be especially useful if you’re considering any private sales.

Many times, used car dealerships have accounts with CARFAX already, and can access unlimited reports for no additional fee. If you’re shopping at a dealership, don’t be afraid to ask for the vehicle history report. Even if you’re buying from a private seller, don’t be afraid to ask the owner to purchase the report! If they have nothing to hide, they should easily be able to absorb that cost, if it can help them seal the deal.

A bare-bones report is also available from the National Insurance Crime Bureau. With a VIN, you can search for any evidence of fraud in the vehicle’s history, including theft and major accidents.

However, the best way to access a free CARFAX report is to simply start your shopping on CARFAX. Their website features a search function for all catalogued vehicles for sale from dealerships that have subscribed to CARFAX. Enter your zip code, and search by make, model, or type (sedan, SUV, etc.), and filter by different issues you want to avoid – once you find a vehicle you’re interested in, the CARFAX report is available in full with the click of a button – completely free, no strings attached.

How to Rent a Car When You Are Under 25 #trucks

#renting a car

How to Rent a Car When You Are Under 25

Most rental car companies allow drivers over age 21 to rent a vehicle. (Photo: Creatas/Creatas/Getty Images )

Related Articles

Whether you’re traveling for business or pleasure, there are times when you need to rent a car. In the past, if you were under age 25 and needed a rental car, you were out of luck. Because younger drivers tend to be more inexperienced, rental-car companies often were reluctant to rent to them. Even now, most major rental-car companies rent to younger drivers only with the addition of a hefty daily fee. In some cases, the fees can almost double the overall cost of the car. However, if you have the available cash, the process for renting is the same as for any other age group.

Step 1

Inquire with your company’s travel department or travel agent about corporate rental-car accounts if you’re traveling for business. In most cases, when you rent a car for work through a corporate account, the rental agency will waive the underage driver fee. Either ask your company’s travel department or travel agent to make the reservation for you, or make your own reservation using the information you receive.

Step 2

Visit the website for the car-rental agency. Enter your information into the reservation form; in general, you’ll need the pickup and drop off locations, dates the car is needed and the size of the car you want to rent. Check the box indicating that you’re an underage primary driver.

Step 3

Indicate whether you need any additional options for your rental car, such as insurance coverage or a GPS device. If you already have car insurance, your rental car may be covered under your insurance policy, in which case you don’t need to add the additional cost of the rental-car insurance.

Reserve your rental car. In most cases, you need to provide only your name, contact information and a credit card number to reserve the car. Your card is not charged until you pick up the car.

Pick up the car at the rental counter. Have your valid driver’s license and a credit card available.

Cambridge College: Higher Education for Adult Learners #what #are #the #college #degrees


Janani Nathan (MEd ‘09) received a Faculty Distinction Award at Cambridge Rindge and Latin School (CRLS). Nathan, a guidance counselor, has been an educator for 20 years and at CRLS since 2001. Each year, seniors nominate the CRLS staff members who had the most influence on their learning and personal growth. While teaching physics and biology at CRLS, Nathan completed a second master’s degree at Cambridge College. Born in Sri Lanka, she has expertise in helping first generation students navigate the educational system.

Mary Connolly, M.Ed. CAGS, CHES, recently presented a session on Health Education Teacher Education (HETE) standards at the 2017 School Health Education Conference of the Massachusetts Association for Health, Physical Education, Recreation Dance (MAHPERD). Mary is the Program Chair for CC’s Health and Family Consumer Sciences program and the VP of Health at MAHPERD.

“Our goal is to make applying to Cambridge College as simple and efficient as possible. If you have questions regarding our programs, the application process, or the status of your application, please don’t hesitate to contact us at 1-800-829-4723.

Your life experience is valued in our classrooms, and we welcome you to Cambridge College. It is our hope that your experience here will lead you to a socially responsible and personally fulfilling career. Let’s get started!”

Mark Rotondo
VP, Innovation Strategic Initiatives

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Give to Cambridge College

Cambridge College’s promise depends on the ongoing support of people like you. You can make a difference. Every gift – large or small– is important in helping the College provide higher education for a diverse population of working adults.

You can use your MasterCard or Visa to make a quick, easy, and secure online donation.

Thank you for your vote of confidence that a Cambridge College education matters!

“Receiving a scholarship has comforted me tremendously. This incredible gift has allowed me to stay focused on my studies. I humbly say thank you, thank you from the bottom of my heart as I am so very grateful!”

Stacey Borden Holliday
B.S. Human Services
Susan Lowell Wales Dineen Scholar

“Our family is proud to support Cambridge College. We know our gift is making the education experience accessible and affordable for many students. We encourage you to make a gift and support the things that are critical to the Cambridge College experience, such as financial aid, scholarships, faculty, and academic programs.”

John Dineen
Trustee and Donor

AAA Alarm Systems: Home Monitoring #how #much #are #home #alarm #systems


AAA Alarm Systems Home Security System Packages

AAA Alarm Systems is wholly owned by MTS and is focused on home security systems, all of which require monitoring contracts. They have been operating since 1962 out of Winnipeg, and have an office in Brandon as well, AAA is owned by MTS. Most deals with AAA are based on being a subscriber to other MTS services.

AAA Alarm Packages

Each AAA package includes the basics:

  • a security sign
  • a newsletter
  • decals for doors and windows
  • customer support
  • full monitoring

AAA Entry Package:

  • Honeywell 6149EX Control Panel covering 6 zones
  • 3 wired door/window sensors
  • 1 wired motion detector
  • 1 siren

AAA Basic Package:

  • 2 wired Motion Detectors
  • Honeywell 6150 Control Panel covering 6 zones
  • 3 wired window/door sensors
  • 1 indoor Siren
  • Package upgrade available including a 1 photo electric monitored smoke detector

AAA Wireless Package. Non Intrusive installation

  • Honeywell 6150RF Control Panel with Key Fob covering 8 zones
  • 1 Wireless motion detector
  • 3 window/door sensors

AAA High Res. Colour Touchscreen

  • Honeywell 6272CV High Resolution Touchscreen Control panel (available in silver, black or white)
  • 1 Motion Detector
  • 3 window/door sensors

Each package can be supplemented by additional There are other packages (at additional cost) that include:

  • more motion detectors
  • the wireless option
  • additional keyfob
  • color touchscreen
  • smoke detectors

How much do these packages cost?

The Entry Level package starts at $259 installed. This can be reduced if you are an existing MTS customer and wish to bundle it with your other service. There are also $100 installation discounts and coupons that are released seasonally.

Monitoring is $21 monthly, and can be lowered to $19.50 with quarterly prepayment.

If you wish to include AAA s Guard Service, which sends a security guard to check out the exterior of your residence when AAA receives a signal this costs an additional $3 a month. AAA can also install a AAA lockbox on your property that will contain a key for the guard to enter your house.

Does AAA use Landline, Cellular, or Broadband Monitoring?

The default for all systems is POTS (Plain old telephone system) or landline based. This is a limitation for many consumers that have abandoned land lines in favour of cell only lifestyles. AAA offers a package upgrade for cellular / GSM monitoring. This requires:

  • $225 Cellular GSM Transmitter
  • $7 increase in monthly monitoring price ($28 monthly cost, as opposed to $21 for a landline)

Can I use my existing alarm system with AAA Alarms?

Yes, AAA can activate alarm systems from almost any company out there. If you have an alarm system from another company they can send out a technician who can reprogram your panel so that AAA monitors your system. Not all companies will provide this service. There is a fee associated with this, but this will be less than your new package costs.

What areas does AAA Alarms cover?

AAA Alarm Systems serves only Manitoba, and are associated with MTS (Manitoba Telecom Services). AAA s head office is in Winnipeg, and has an office in Brandon.

AAA Alarm Systems monitoring has been operational since 1962.

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Welcome to My Santa Monica Electrician Hero – The Leader in Electrical Repair Services in Santa Monica, California

For over two decades, My Santa Monica Electrician Hero has been paving the way towards excellence. We are a full-service, comprehensive electrical repair company in Santa Monica that serves the repair, installation, and upgrade needs of both households and businesses in the immediate area. Our commitment to our customers is well-known throughout the community. Residents and businesses know they can rely on us 24 hours a day, every single day of the year to deliver the highest quality repairs, innovative upgrades, and cost-effective improvements. Whether you need expert assistance to upgrade your existing wiring, have questions about GFCI replacement, or want to discuss ideas about lighting design, we want you to know that you can count on us for first-class assistance every single time.

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Our customers appreciate our desire to deliver fast and efficient repair services. While other companies may leave you waiting in the dark, we promise to be knocking on your door in less than 10 minutes after receiving your call for help. Thanks to our quick response and trusty electricians, we have helped thousands of people over the years remedy their problems without causing additional damage or concern. Call us at two in the morning or during the evening rush. Thanks to our proximity to you we will still have someone to your home or office faster than it takes to order a pizza.

We Provide Remarkable Electrical Repair Services at Unbeatable Prices!

Finding an electrician that you can have confidence in is stress-free when you contact My Santa Monica Electrician Hero. Not only do our electricians have flawless skills, but we run our business a bit differently than other companies in town. It is this difference that enables us to offer rock-bottom prices and 10 minutes or fewer response times.

So, what makes us so different from the other companies? To begin with, we only work with self-employed electricians. These are individuals are self-starters and opt to work for themselves, but don’t particularly care to devote time to marketing. They prefer to be hands-on, helping customers with their needs. The contractors that we collaborate with are not only the best electricians in Santa Monica but in the entire industry and they may even be your neighbors.

That’s right! By only working with the best local plumbers we are always able to have someone respond to your call for assistance in less than 10 minutes. But don’t worry. We have methodically vetted the contractors we work with, making sure they have had the proper training and years of practical experience to ensure our customers’ confidence. Let our licensed, bonded, and insured partners assist you with:

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You Can Rely On Us 24 Hours a Day for Emergency Electrical Repair Services

Your home’s electrical system is meant to work without problems. However, sometimes unexpected situations occur such as power surges or exposed wires that require the assistance of a qualified electrician. When the unforeseen occurs, call the emergency electricians in Santa Monica you can trust to be there for you 24 hours a day, seven days a week.

Are Interest Free Car Loans Too Good to be True? #car #sales #jobs

#interest free cars

Should I Take Advantage of an Interest Free Car Loan?

By Miriam Caldwell. Money in Your 20s Expert

Miriam Caldwell is a freelance writer with a specialty in personal finance. She believes that you can lay a solid foundation by starting to manage your finances in your twenties.

Question: Should I Take Advantage of an Interest Free Car Loan?

However it is important to realize that a car is a depreciating asset. Many people consider cars an investment because of the large purchase price, but a true investment should bring you a rate of return for the money you spend, and a car will not. Generally speaking a car will lose anywhere from $1600.00 to $2500.00 dollars in the first year of ownership. Most cars will depreciate from between $6500.00 to $10,000.00 over the first five years of the life of the car.

If you realize that the car is going to depreciate in value over time, the next question is to look at how much interest you will be charge over the life of your loan to see if you will come out ahead by buying a used car at a lower purchase price.

With the purchase price of $12,000.00 and an interest rate of six percent you will end up paying interest of about $1160.00 over the life of a three year loan.

It is also important to realize that the value of a car depreciates much more rapidly the first three years of the life of the car and begins to slow down by the time it is five years old. So although the car will continue to depreciate in value it will do so at a much lower rate.

Looking at the average numbers buying a three year old or a five year old car will save you money in the comparison of interest paid out ($1160.00) to the average cost of depreciation of the first year ($1600.00-$2500.00), which doesn’t take into account the further cost of depreciation over the next two or three years.

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Although buying a new car with an interest free loan may seem like a good idea on the surface, you will still lose more money than if you were to buy a used car with a loan that has interest. The loss will be even more if you roll your old car loan into a new one . If you can purchase your car with cash you will end up losing even more money in comparison with buying a new car. Additionally many used cars come with warranties and are still very reliable.