Drive away the car of your dreamsWritten by Ria malhotra
Everyone has a dream of buying car these days. It is in human nature to ant more and more than we need or can afford. There is always wide range of cars in market and all offers high technology systems and handling better performance and longevity. Once you get a new car then you have to decide how will you be paying monthly installments. Car loans are becoming popular as a way to finance a new car or used car. For car loan you need to prove to bank officer or lender. There many car loans options available but sometimes it is difficult to choose right for you. In fact car dealers or manufacturers offers car loans, often you will be paying more interest than you need to.How much you spend on buying new car depends on your financial position or your credit reports. If you want to get your car financed then you need to know how much down payment you have and how much you can afford monthly installments. No doubt paying cash for car loans saves interest, which you pay on car loans. There are number of good reasons for not paying cash. Because of recent concerns about identity theft and Homeland Security issues, many dealers do not want to accept cash for a car. Some will not even accept bank or cashier’s checks. Of course, there may be hidden agenda in their refusals. In order to decide how much money to spend on your vehicle you need to evaluate how much you to want to borrow and how much you can afford monthly installments. Do not forget to take into consideration other vehicle’s running costs such as insurance, tax, servicing etc when deciding how much you have to spend, also get personal recommendations if you know anyone who owns same type of vehicle that you are looking at. Once you are clear with idea of costs involved and how much you would like to borrow you can apply for car loan.
| | Mr and Mrs Smith go online, as internet technology moves from fantasy to normalityWritten by Rachel Lane
Whilst not all Smiths lead glamorous technological lifestyles of Brad Pitt and Angelina Jolie, number of British consumers using online financial services continues to grow rapidly.According to NOP World, 48% of all Internet users researched or purchased financial products such as insurance and loans on internet, or used online banking facilities. In April, NOP World had already recorded estimates of 28 million people online in Great Britain, with 13.5 million exploiting Web for their financial requirements. NOP World’s report showed that of financial activity, most was research related; as 84% of Internet users seeking financial services used Internet to gather information, utilising sites such moneynet.co.uk and moneysavingexpert.com. Over half of users surfing Web for financial information were happy to contact suppliers via their websites and e-mail. Although only 3.3 million consumers bought loans and insurance online last year, NOP state that confidence in buying such products over internet is growing, with recent figures showing an increase of 43% in people researching, then purchasing online.
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