The Advantages Of An Online Car Loan

Getting an online car loan is not only effective in saving you hours worth of time but is also cost effective as well. For example, if you apply for and obtain a car loan through the dealership where you will be purchasing you new auto, you will pay, on the average, 3% more than if you obtain an online car loan.

While there are many reputable online vendors which cater to individuals seeking an auto loan, it is wise to conduct a bit of research before deciding which compan…
online car loan, auto loan
Getting an online car loan is not only effective in saving you hours worth of time but is also cost effective as well. For example, if you apply for and obtain a car loan through the dealership where you will be purchasing you new auto, you will pay, on the average, 3% more than if you obtain an online car loan.

While there are many reputable online vendors which cater to individuals seeking an auto loan, it is wise to conduct a bit of research before deciding which company will handle your car loan in a professional, timely manner. Not to mention which company will be able to offer you the best rates on your auto loan.

It is a well known fact that online car loan lenders typically offer the lowest rates, but another advantage to the online car loan is that there are many lenders who will allow you to compare auto loan rates right from their websites. This is not only convenient, but will save you a lot of time in the process.

Another advantage that an online car loan offers is that there are normally no application or processing fees that are the norm when obtaining an auto loan through a bank or auto dealer. This saves you money, which is all too important in today’s tight economy.

Why would you go anywhere else for an auto loan when you can apply for one right from the comfort of your own home or office? A few hours spent surfing the Internet will save you possibly thousands of dollars, as well as saving you the aggravation of haggling over the rates and terms of your car loan with the salesman at the auto dealership.

The easiest way to reap the rewards of an online car loan is to start by doing research on companies that offer online car loans. Using any major search engine available, type in a search phrase such as “online car loan.” This will result in thousands of hits that will quickly and easily lead you to information that you can use to obtain an online car loan. When you find a company that you feel is offering low rates for their auto loans, be sure and compare them with a few other companies to make sure you are getting the best deal. In the end, you to will enjoy all of the advantages that an online car loan has to offer.

The Advantages Of Reverse Mortgages

In recent years property values have soared, while investment returns have been modest. This has created a situation where a lot of seniors are finding themselves in the position of being house rich and cash poor. These cash strapped seniors are looking for ways to increase their retirement income while continuing to live in their homes. These retirees find that their options are limited, and in most cases require them to risk their home. Enter the reverse mortgage, which can…
mortgages, reverse mortgage, retirement, seniors
In recent years property values have soared, while investment returns have been modest. This has created a situation where a lot of seniors are finding themselves in the position of being house rich and cash poor. These cash strapped seniors are looking for ways to increase their retirement income while continuing to live in their homes. These retirees find that their options are limited, and in most cases require them to risk their home. Enter the reverse mortgage, which can provide many advantages over these other less desirable options.

No Payments With Reverse Mortgages

The biggest advantage of a reverse mortgages is not having to make payments as long as you continue living in your home. In fact, this is the number one reason that seniors choose to borrow reverse mortgages. Almost 80% of reverse mortgage borrowers use a reverse mortgage to pay off their current loans in order to eliminate their house payments. Let’s say you owe $50,000 on your first mortgage and borrow $80,000 with a reverse mortgage. This would pay off and eliminate the payment on the first mortgage and provide you with $30,000 to use as you please.

Live in Your Home as Long as You Like

The second advantage of reverse mortgages is the ability to live in your house as long as you like. The great thing about this is the amount you owe on the reverse mortgage can never be more than the house is worth. Let’s say you live to 115 and have selected to recieve a $300 a month payments for life from the reverse mortgage. The amount received from the reverse mortgage payments could be substantially higher than the value of your home, yet the amount owed will still only be the value of the home. In this situation, FHA insurance will cover the difference.

Reverse Mortgage Withdrawal Options

Another advantage of reverse mortgages is the different withdrawal options that a you are able to choose. These options include lump sum distributions, line of credit, monthly payments, or any combination of these three. So if you were eligible to borrow $100,000 on a reverse mortgage you could select to receive $30,000 up front to cover current expenses, and hold the rest as a line of credit that you can use whenever you need it. This flexibility of reverse mortgages can significantly improve you financial independence during retirement.

Tax-Free Nature of Reverse Mortgages

Another advantage of reverse mortgage is the tax-free nature of the loan proceeds. The American Bar Association guide to reverse mortgages advises that generally the IRS does not consider loan advances to be income. This means that all the money from the proceeds of the reverse mortgage end up in your pocket.

With these features, reverse mortgage are definitely an option to consider if you are looking for ways to supplement your current income. As with any financial decision, you should seek the advice of a trained professional, a reverse mortgage counselor, to evaluate and determine if a reverse mortgage is right for your situation.

Debt Consolidation and its advantages

There are a number of different financial procedures available to a person in today’s modern financial world and one of the most important and interesting things about that is that the person that is aware of and uses all of the tools available to them is ultimately the person that is going to succeed.
finance, loan, dept, home, consolidation
Introduction

There are a number of different financial procedures available to a person in today’s modern financial world and one of the most important and interesting things about that is that the person that is aware of and uses all of the tools available to them is ultimately the person that is going to succeed. With as difficult as the world has become today from the point of view of handling one’s finances, the management of debt is definitely something that people should take a look at as well as the procedures that are available to help those same people get out of debt problems. One of the procedures is something known as debt consolidation and more information about debt consolidation is presented below.

Debt Consolidation

So what exactly is debt consolidation? Well, when you look at the different parts of the financial spectrum, what you immediately see is that for the average person in today’s world, there are a number of different sources of debt. When you take a look at things like debt from credit cards, debt from a mortgage, debt from car loans, debt from monthly bills and any other number of sources of debt that can exist in a person’s life, you can see how it would quite easily get to the point where the person would feel overwhelmed and not have a clue as to what they should actually do.

Well, one thing that these people can do is take out a loan that they can use to pay off all of their other sources of debt and therefore combine or consolidate them into one specific source of debt. Ultimately, this is the type of debt that is the easiest to manage and the type of debt that is the easiest to pay off. It is a scientifically proven fact that debt consolidation is quite frequently the easiest way for a person to get their debt into a position where they would be able to pay it off.

Advantages

There are a number of different advantages inherent to debt consolidation; the first of which was already mentioned briefly above. Paying debt off is easier when that debt is consolidated. From a logistical standpoint, this is specifically because keeping track of one source of debt or at the most two sources of debt is a lot easier than keeping track of five or six sources of debt and therefore when you have a lower amount of sources, keeping track is easier and ultimately paying it off becomes easier as well.

In addition to the logistical concerns, there are also financial concerns when it comes to debt. The most common way to consolidate debt would be a home loan and as we all know (or at least most of us do anyway), home loans have very low interest rates. Going from a 19.5% interest rate on a credit card to a 5.5% interest rate on a home loan is definitely something that could be considered great for a person. In addition to that, paying off the loan will also take lower amounts of payments each month. This is because of the lower monthly payments associated with home loans.

Adverse Credit Mortgages – Advantages Of Bad Credit Mortgages

Mortgages for those with adverse credit have advantages that conventional mortgages don’t. The prime advantage is that they are easier to qualify for, even with a bad credit history. Sub-prime mortgages also allow you to build wealth with your home purchase. And they have fewer hurdles, such as not requiring PMI.

Start Building Wealth

Bad credit mortgages allow you to start building equity wealth even if you have a bankruptcy or foreclosure in your past. With rates only…
sub-prime mortgage, mortgage loan, bad credit
Mortgages for those with adverse credit have advantages that conventional mortgages don’t. The prime advantage is that they are easier to qualify for, even with a bad credit history. Sub-prime mortgages also allow you to build wealth with your home purchase. And they have fewer hurdles, such as not requiring PMI.

Start Building Wealth

Bad credit mortgages allow you to start building equity wealth even if you have a bankruptcy or foreclosure in your past. With rates only a couple of points above conventional rates, you can get into a home with no or little down. For about the cost of a rent payment, you can enjoy tax deductions and home ownership.

Without waiting for your credit score to improve, you can buy a home at today’s prices. Even though no one knows for certain what prices will be in the next couple of years, more than likely they will be higher. You can see that appreciation by buying a home now.

Forgo Private Mortgage Insurance And Other Hurdles

Unlike conventional loans, you don’t have to carry private mortgage insurance with a sub-prime loan. So even with a down payment of less than 20%, you don’t have to worry about premium costs.

Sup-prime lenders are also more flexible with their requirements. Your cash assets, income, and credit scores can be less than favorable, but you can still get a mortgage. You can also choose more flexible loan terms of interest-only, jumbo, or adjustable rates.

Finding An Adverse Credit Mortgage

With more and more financing companies offering sub-prime lending, it’s easier than ever to find an adverse credit mortgage. A quick search online will yield hundreds of opportunities. Sifting through those results can produce some very favorable financing offers.

If you are overwhelmed with the choices, start with a mortgage broker. They sort through the plans to present you with the best selections. In some cases they also offer special deals, not found elsewhere.

Don’t worry about getting approved or not. Focus on getting the best rates and terms. Ask for loan quotes that include closing cost estimates to make comparisons. Also be willing to negotiate more favorable terms, especially to lower caps or fees.

Advantages of a Whole Life Insurance Policy

There is a significant difference between whole life insurance and term life insurance. If you are considering a life insurance policy, be sure you research all policy options.
whole life insurance, term life insurance, life insurance
To begin with, you need to understand that life insurance falls into two very broad categories: Whole and term. The basic difference between term and whole life insurance is this: A term policy is life coverage only.
In whole life insurance policy, as long as one continues to pay the premiums, the policy does not expire for a lifetime. As the term applies, whole life insurance provides coverage for the whole life or until the person reaches the age of 100. Whole life insurance policies build up a cash value (usually beginning after the first year). With whole life, you pay a fixed premium for life instead of the increasing premiums found on renewable term life insurance policies. In addition, whole life insurance has a cash value feature that is guaranteed. In term and whole-life, the full premium must be paid to keep the insurance.

With level premiums and the accumulation of cash values, whole life insurance is a good choice for long-range goals. Besides permanent lifetime insurance protection, Whole Life Insurance features a savings element that allows you to build cash value on a tax-deferred basis. The policyholder can cancel or surrender the whole life insurance policy at any time and receive the cash value. Some whole life insurance policies may generate cash values greater than the guaranteed amount, depending on interest crediting rates and how the market performs. The cash values of whole life insurance policies may be affected by a life insurance company’s future performance. Unlike whole life insurance policies, which have guaranteed cash values, the cash values of variable life insurance policies are not guaranteed. You have the right to borrow against the cash value of your whole life insurance policy on a loan basis. Supporters of whole life insurance say the cash value of a life insurance policy should compete well with other fixed income investments.

Unlike term life policies, whole life insurance provides a minimum guaranteed benefit at a premium that never changes. One of the most valuable benefits of a participating whole life insurance policy is the opportunity to earn dividends. The insurance company based on the overall return on its investments sets earnings on a whole life policy. In addition, while the interest paid on universal life insurance is often adjusted monthly, interest on a whole life policy is adjusted annually. Like many insurance products, whole life insurance has many policy options.

Make sure you can budget for whole life insurance for the long term and do not buy whole life insurance unless you can afford it. You should buy all the coverage you need now while you are younger, and if you cannot afford whole life insurance, at least get Term. That is why whole life insurance policies have the highest premiums it is insurance for your whole life, no matter when you pass on. The level premium and fixed death benefit make whole life insurance very attractive to some. Unlike some other types of permanent insurance, with whole life insurance, you may not decrease your premium payments.

Relocation to Oregon: Lake Oswego’s Three Top Advantages

Many people are looking for Portland area neighborhoods to move to. This article explores the three best aspects of Lake Oswego that make it a perfect relocation area in Portland, OR.
Lake Oswego real estate, homes for sale in Lake Oswego, portland real estate
Unlike many American cities, Portland has distinct neighborhoods, each with a unique vibe. The Hawthorne is eclectic and lighthearted. North Portland has become the stomping grounds for funky artists. And the Pearl is sophisticated and posh. The emerald of the Southwest, Lake Oswego, has its own distinct characteristics. Located eight miles south of Portland, Lake Oswego, or “L.O.,” is more than just a bedroom community for commuters. Here’s what makes Lake Oswego special, and why its residents love their city so ardently.

1. Neighborhood Safety

Lake Oswego is clean, family-friendly, and safe. Resident John Olsson is a characteristic LO resident. He moved to Lake Oswego from northwest Portland when he became a father because he wanted his son to grow up in a safe neighborhood. “I’ve had no crime in eleven years,” he brags. Like many of his neighbors, Olsson loves that he doesn’t have to worry about his house being broken into or being the victim of petty crime.

State crime statistics support Olsson’s impression. In 2005, the state of Oregon reported only 937 property crime offenses in Lake Oswego, compared to 50,850 in Portland. Moreover, Portland had fifty times as many burglary arrests as Lake Oswego. Yet Lake Oswego’s proximity to downtown and public transit accessibility allows its residents to enjoy Portland’s best cultural offerings.

2. Educational Excellence

Olsson should know about what makes schools great; after all, he’s the director of Huntington Learning Center in Lake Oswego. “Our schools are top notch,” he testifies. “They have a culture of excellence, and a real sense of community.”

Indeed, the Oregon Department of Education rates all 13 of Lake Oswego’s schools as exceptional. At the elementary level, 95% of Lake Oswego’s students meet or exceed state standards, perhaps because each elementary school has reading and math specialists on staff. Unlike much of the rest of the country, elementary students still enjoy music and physical education classes.

The district’s statistics and awards at the high school level are even more impressive. Newsweek ranked Lake Oswego High School in the top 1,300 public schools in the nation. Over 90% of the graduates from Lake Oswego’s two public high schools attend college. High SAT scores make them competitive college applicants: 86% of LO students took the SAT in 2005. Their average score was 1690, over 100 points higher than the national average.

All of this data points to one simple fact – Lake Oswego public schools are so excellent, they are often compared to Portland’s best private schools. If you’re looking for a great public education for your children, Lake Oswego is an excellent place to live.

3. Community Events and Active Lifestyle Amenities

The homes in Lake Oswego tend to be large, expansive residences with beautiful views and high property values. They are also located in one of the most active communities in the area.

Lake Oswego is a great place to be a sports enthusiast. LO’s golfers flock to the municipal course, which offers views of both Mt. Adams and Mt. St. Helens. Mountain bikers love the city’s miles of bike paths winding through lush forests.

Lake Oswego itself offers a wonderful trail for walkers and joggers. The area’s 490 acres of clear open space and three natural areas are perfect for nature lovers. Add seasonal events such as the extensive farmer’s market and the annual Festival for the Arts, and it’s tough to be bored in Lake Oswego.

So, if you’re looking for a well-groomed, safe community with excellent schools and plenty of fun activities, Lake Oswego may be the perfect neighborhood for you.

– Ben Anton, 2008

The Advantages With Renters Insurance

There is a misconception that only those who are buying their homes are eligible for personal property insurance. This is simply not true. Those who are renting apartments, condos, or other types of dwellings are eligible for renter’s insurance, and having this type of insurance is a very good idea for many people.

As you might imagine, renter’s insurance does not cover the actual structure of the building. The owner of the structure will have his or her own policy for tha…
Personal loans,uk,secured,loans,debt,consolidation,compare,apr,bad credit,student loan
There is a misconception that only those who are buying their homes are eligible for personal property insurance. This is simply not true. Those who are renting apartments, condos, or other types of dwellings are eligible for renter’s insurance, and having this type of insurance is a very good idea for many people.

As you might imagine, renter’s insurance does not cover the actual structure of the building. The owner of the structure will have his or her own policy for that coverage. In some cases, they may also have some type of insurance that would cover your losses under certain events, but renters should not depend on that. It is far better to have your own coverage on your personal items. This way you know for sure that you are covered in the event something happens to the dwelling.

It should be noted that renter’s insurance does not cover injuries that should happen on the property. Again, the property owner should have that on his or her policy.

What it does cover, however, are those personal items that belong to you. This might include furniture, stereos, electronic equipment, desktop or laptop computers, clothing, artwork and other belongings. Should you lose your belongs by either fire, natural disaster, or theft you can get them replaced under your renter’s insurance policy.

As you might imagine, with so many people now owning things like computers and flat screen televisions, it does not take many items lost to add up to a significant amount of money that would be needed in order to replace these items. Renter’s insurance is very affordable and one of the best ways to decide if it is a good idea for you or not is to take a walk through your home and tally up the cost of your belongings if they were destroyed by fire or flood. You may be surprised at how much you actually own.

Insurance rates for your belongings will vary from company to company so it is a good idea to shop around for the best deals. On average, most people can purchase good quality renter’s insurance for about $200 per year.

Once you purchase a policy it is important that you keep an updated list of your personal items. This means adding to the list when you buy something new, and letting the insurance company know about it, as well as deleting items from the list should you no longer possess the item. Again, you need to keep the insurance company updated on that as well.

When you purchase something, keep your receipts. Receipts and other documentation such as credit card billings that state what an item is and how much it cost should not be kept on the premises. If those documents burn up or are otherwise destroyed you will have to track down copies and that can increase the length of time before settlement significantly.

Lastly, if you move to another dwelling, you want to make sure that you notify the insurer as soon as possible. In some cases, moving from a high crime area to a low crime can actually save you money on your premiums.

The Many Advantages Of A Business Credit Card

Just as good credit is a necessity in our personal life, it’s essential when you own your own business as well. Big or small, every business needs to establish credit. If you are a new business, you need to begin building that credit history as soon as possible. Establishing your company’s first credit is now made easy when you apply for a business credit card.

The financial institutions understand more now than ever, how hard it is to get that first credit card. They have…
Business credit card, first credit card, business credit card online, new business credit card, airl
Just as good credit is a necessity in our personal life, it’s essential when you own your own business as well. Big or small, every business needs to establish credit. If you are a new business, you need to begin building that credit history as soon as possible. Establishing your company’s first credit is now made easy when you apply for a business credit card.

The financial institutions understand more now than ever, how hard it is to get that first credit card. They have created a wide variety of offers to be sure that there is one that fits everyone’s financial needs. With the ease of the internet and easy online applications, there are some business credit card offers that will give you an answer within 60 seconds.

For a small or new business a credit card is especially important. With a business credit card you can keep track of and control your daily expenses. It can also help by adding to your cash flow, freeing up needed dollars at just the right time.

Another advantage of a business credit card is the larger line of credit, which can be as high as $50,000. The business credit card offers also include most of the same attractive features of a regular credit card. The extra incentives include 0% APR for up to 15 months, no annual fee cards, up to 5% cashback and travel rewards. In addition, there are airline business credit cards. These are especially handy if your company’s daily operations include a great deal of travel.

AMEX includes two business accounts alongside their business credit card offers. These special proposals for an American Express capital line, include a business line of credit from $10,000 to $100,000. They have secure online applications which makes applying quick and easy.

Business credit cards and business line of credit are a convenient way for companies to expand and run their daily operations. With this in mind, you need to also realize with these credit accounts come personal responsibility. As long as these accounts are maintained according to the terms of the issuing company, this could be the beginning of a long and trusting business relationship and can reflect positively on your company’s image.

Advantages In Joining A MLS Real Estate Listing

When you choose to sell your home on your own, you want all the help you can get. Though you can save thousands by skipping the commissions of a realtor, you put yourself at a marketing disadvantage. That is why you need to get your property listed on the multiple listing service (MLS) for realtors. There are many advantages in joining a MLS real estate listing. A look at them will show you that paying a flat fee to get a “for sale by owner” listing on MLS is well worth the m…

When you choose to sell your home on your own, you want all the help you can get. Though you can save thousands by skipping the commissions of a realtor, you put yourself at a marketing disadvantage. That is why you need to get your property listed on the multiple listing service (MLS) for realtors. There are many advantages in joining a MLS real estate listing. A look at them will show you that paying a flat fee to get a “for sale by owner” listing on MLS is well worth the money and effort.

The first of many advantages in joining a MLS real estate listing is that it is the key to sales success. Did you know that about four of every five home buyers get to the property they want through the MLS? By being listed on MLS, you will have most every real estate sales person in the region working for you. Most flat fee MLS listing services will keep you on for as long as 6 months, but in most cases you wont need that long with exposure to so many realtors, brokers, and customers.

The second of the advantages of joining a MLS real estate listing is that you are saving as much as 2% to 3% on yrou sale. Though that does not sound like a lot, it is actually $2000 per thousand you sell meaning you could end up saving as much as $20,000 or $30,000 on the sale if you skip the realtor and pay the flat fee to list on MLS.

Thirdly, one of the advantages in joining a MLS real estate listing is that you will be seen. If you are selling as a for sale by owner, then you have to hope someone “accidentally” drives by your home or sees it in the newspaper by chance. Also, even if a realtor drives by, they will likely not show a home that is not MLS listed. If you are on MLS, though, you will come up in searches and have your house shown with much more frequency. It works much better when luck is taken out of the equation.

Finally, it is just good sales and business sense to list on MLS. Far and away, MLS is the best way to sell your property fast and for a price you like. Since the internet is considered the second best value and power versus reasonable cost for property, listing on MLS gives you the exposure you need.

There are many many advantages in joining a MLS real estate listing service. You will find that your home is better marketed, that you don’t have to rely on the luck of a drive by, that you save a great deal of money, and that you are linked in with thousands of realtors who essentially end up working for you. So if you are going to sell your home yourself, you should find a flat fee or free MLS listing service so that you have the best possible chance of selling your home quickly and at a price you want.

Advantages to Pre-Approved Car Loans

You can afford yourself a great deal of flexibility and savings by getting pre-approved for a car loan before you shop. Consider these benefits:

1. Pre-approval puts you in the driver’s seat. When you know how much and what terms you can expect with your loan you eliminate the expense and confusion of dealer financing.
car loans, preapproved loans, auto loans
You can afford yourself a great deal of flexibility and savings by getting pre-approved for a car loan before you shop. Consider these benefits:

1. Pre-approval puts you in the driver’s seat. When you know how much and what terms you can expect with your loan you eliminate the expense and confusion of dealer financing.

2. You will not have to sacrifice dealer rebates and/or discounts to get a lower interest rate because your loan is already pre-approved.

3. You will know how much car you qualify for before you even visit the dealer.

4. You can avoid having to come up with a large down-payment.

5. You have only to deal with one issue at a time – the money, then the car. Car dealers are trained to close the deal by getting you so excited about the car that you abandon reason and good judgment during the application/negotiation phase. Don’t let this happen to you.

Getting pre-approved for a car loan is fast, easy and simple (in many cases you can expect an answer in as little as a day or two) but there is an important step that you must not skip.

• Know your credit history

As with all loans, rates and terms vary. You can get a general idea of what terms you can expect, or even if you will qualify for a loan if you are familiar with the information contained in your credit report and score. Your credit score is an objective number used by creditors to determine your credit worthiness. Generally those with higher scores fare better in terms of interest rates. Credit scores range from about 300 to 850. If your score is above 600, you will probably qualify for a car loan. Scores of at least 720 qualify for the best rates. Check out bankrate.com to learn what rates lenders are currently offering based on credit score.

Completing the application

You have several options for getting a pre-approved car loan (nominal application fees may apply).

1. You may complete and mail the application contained in the informational loan brochure provided by your bank or credit union.
2. You can also visit the website of your financial institution and complete an online application.
3. You can even pick up the phone. Some financial institutions have extended hours of service available that allow you to call from home or the showroom for pre-approval on your car loan.
4. You may opt/qualify for 100% financing, including costs for taxes, tag and title.
5. You may search the Internet for financial institution you are not currently connected with to learn about available options.

If you choose to make an online application, and particularly if you unfamiliar with the potential lender, be sure to proceed with caution to avoid an unpleasant outcome. Identity theft and fraud are all time highs; protect your credit and personal information at all times.

And don’t worry, pre-approval does not mean you have signed on the dotted line. It simply helps you plan around the best options available to you. If you change your mind you are not obligated to take the loan. You just can’t lose.