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Archives for September 2018

How to save money on transportation + a FREE MOT offer!

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When it comes to saving money, tackling the big ticket items is one of the best things you can do. Sure, saving a few pennies here and there is great, and frugality should be encouraged. But nothing will have a greater impact on your finances than tackling the “big three”: housing, transportation, and food. Today, let’s talk about the different ways you can save money on transportation.

The first obvious one is to not have a car at all! Yes, some will find it ludicrous, but think about it. Every month, you are spending on insurance, petrol, your car is depreciating every time you use it, and losing value. Add to that repairs, maintenance, MOTs, and a car loan if you bought it on credit, and it is easily an expense of a few hundred pounds every month. “Yes, but I need it to go to work”. I hear you. How about looking for a job closer to home, that you can cycle or even walk to?

Maybe you’ll make a little less money, but your quality of life would vastly improve, and the car savings may even mean you might come ahead.

Another suggestion is to get rid of your second car if both you and your partner have one. A two car household is rarely a necessity, and rather a matter of convenience. What if you pool errands and optimise the use of just one car? Limit your driving to going to work, or to weekends?

You can generally rent a car for about £50 for a whole weekend if and when you need one, which is cheaper than a month of parking in many cities!

If you really need a vehicle, let’s see the different lines of budget and how to save on them. Petrol is usually the biggest recurring expense. You can save by using loyalty cards from supermarket and petrol stations, and collecting rewards and discount vouchers. There are online sites that will tell you which is the cheapest station next to you. Try to fill up on your way to work and not make a special detour just to fill your tank.

Insurance can easily be challenged online thanks to online comparison sites. In just a few clicks, they will let you know what is the best deal for your insurance needs and how you can switch provider.

Be religious with oil changes and follow the manufacturer’s scheduled maintenance recommendations to a T. Better safe than sorry. If you delay maintenance, you will have problems sooner or later, and fixing them will be expensive. Check your tires and change them regularly for safe driving and petrol efficiency. In short, plan ahead and make a calendar note to follow the schedule.

Same thing goes for your MOT. A Halfords Autocentre survey has revealed that 53% of motorists are unsure when their MOT is due. That can result in a fine if you miss the date. And now, there are no more excuses because Halfords Autocentre is offering a FREE MOT to all its customers. All you have to do is buy something there, that can be as small as a 40p bulb, and you get a free MOT from Halfords. Click here to learn more about the free MOT offer.

Last, let’s discuss repairs and breakdowns. A breakdown cover is not too expensive, and if your car is more than a few years old, this is something you should consider buying, as it is likely you might have a problem. Check with your bank first as some credit cards already include breakdown cover for free.

If time comes that you are in need of unexpected repairs, ask around for recommendations. Better find a good professional that will do a solid job, than a cheap fix that will take you back to the mechanic’s two weeks later.

 

Owning a car does not have to be that expensive. How do you save on motoring costs?

 

Filed Under: Money

How Can We Get a Title Loan Online?

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How Can We Get a Title Loan Online? If you need cash fast, a legit title loan could be a great way to go. Even better than that, you can apply, qualify, and get your cash transferred to your account all from the comfort from your own home thanks to your ability to apply online. #titleloan #loan

If you are in a time where you are out of cash and need some help covering expenses, borrowing money may very well be your best option. If your credit score isn’t strong enough to help you qualify for an unsecured personal loan, one option you could certainly consider the option of taking out a car title loan.

If you need cash fast, a legit title loan could be a great way to go. Even better than that, you can apply, qualify, and get your cash transferred to your account all from the comfort from your own home thanks to your ability to apply online.

So, what is a title loan?

Title loans are secured loans in which you submit your vehicle’s title in exchange for a cash loan. You will be expected to pay your loan back, plus any interest and added fees, usually within a short amount of time. Once you do repay your loan and all the added fees, you will get your vehicle’s title back.

If you prove unable to repay the loan, you may face the nasty repercussion of having your car repossessed. That’s because if you default on your loan, your lender will need to recoup their losses. They’ll do that by auctioning off your car and selling it.

How do they work?

With legit title loans, you will be using your vehicle’s title as a guarantee so the lender knows that whether or not you pay your loan back, they will get their money back. It is crucial to note that even though you are trading in your car’s title for the loan, you will be able to drive your car while you are paying off your loan.

Title loans are, for the most part, small loans – usually worth from a couple hundred dollars to a few thousand dollars. It is also important to note that while the amount of your loan is based on the value of the car, it will never be equal to the value of your car. Instead, your loan will typically be worth somewhere between 25 percent and 50 percent of the value of your car. That’s because if you do default on your loan, and your lender has to sell your car to recoup their losses, they’re not going to want to waste time finding a good price. They’re going to sell your car for a reduced price, which means 25 to 50 percent of its total worth. Make sense?

How do you qualify for an online title loan?

Since title loans are based on the equity you have in your car, title loan companies will first and foremost need you to be the owner of your car. That typically means having a lien-free title.

You can, however, still qualify for a legit title loan even if your car is not fully paid yet. You must, however, be enough equity in it for you to qualify.

The best legit online loans understand that the situation of each borrower is different so you need to be upfront and discuss your situation with them in order to get the best loan suited for you.

If you believe you are ready to take out a car title loan, the best way to find legit title loan lenders online is to start a simple online search. There are a few things to keep in mind when you are searching for the best online title loans available in your state.

Make sure to look out for:

  • Length of operation. Making sure that a title loan company has years of experience under its belt will help you focus on the best and most dependable lenders. First off, you will have someone who you can consult who has seen it all in the industry. Beyond that, you will know that if they have been in business for years, it probably means they’re pretty good at what they do!
  • Interest rates. This is another crucial thing to keep in mind. Interest rates will dictate how much you end up paying beyond just the value of your loan. Interest rates for car title loans are typically quite high – annual percentage ratings can often reach 300 percent – but that doesn’t mean there isn’t variance within the market. A single percentage point could end up saving or costing you hundreds of dollars in the long run, so make sure to pay attention to it.
  • Customer testimonials are another thing to look out for while you are searching for your best online title loan. Some companies will offer customer testimonials on their site. If they do not, you should be able to easily find them online. If, however, you find yourself struggling to find any kind of testimonials, it is probably best to stay away. It can be stressful applying for a car title loan completely online, but testimonials can be a great way for you get a good feel for how a lender operates and runs their business.

How do you repay your loan?

Usually there are three different options for repayment. You could repay in person – though that might defeat the purpose of an online title loan, you could pay online, or you could use an automated payment system. The latter option means that you should authorize the loan company to periodically take certain amounts straight out of your bank account.

Don’t worry, though, it is impossible for the lending company to make these automated repayments unless you have personally authorized them to do so. Unless you have authorized it, your lender will have withdrawn money illegally.

Filed Under: Money Tagged With: best legit online loans, legit title loan

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