We take our freedom of action and movement for granted, until it is not there.

Unfortunately, one day we will all need some form of help and assistance in order to efficiently get out and about without it being too much of an impossible effort. Whenever you feel that time has come it will come as a pleasant suprise that Magbility exists, and not only that, are a prime example of how businesses ought to be, like they used to be.

Any time that you are considering a financed solution first thing you should do is examining your credit report. Looking at you credit report will do several things for you. It will give you an idea of how much interest you can expect to pay, let you know how creditors will view you, indicate your odds of getting a loan and allow you to verify and correct any mistakes that you may be there. This is very important as 1 out of 4 credit reports usually contains errors that can result in you paying higher interest rates.

Once you have an idea as to what to expect for interest rates and perhaps who will finance you can begin to shop for your loan. A bank is a good place to start if your FICO score is more than 600 but there can be several bottlenecks to your getting a loan. In order for a bank to issue a car loan for a used car it must meet certain standards. Each situation is a little different but generally your car must be less than 5 years old and ideally be less than 3 years old, have low mileage and still have a warranty. The reason for these requirements is to ensure that vehicle still is of value if you default on your loan and to make sure that it is not going to be a write off while repaying loan thus encouraging you to walk away from payments.