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“Will I ever get out of a car title loan?” This is a question you might be asking yourself. Of course, you will, but it easier said than done. A Car title loan does provide a quick way of getting cash whenever you need it. However, if you default, you risk losing your car, not to mention damaging your credit score. Several studies show that 10 percent of vehicles involved in title loan end up being repossessed and the majority end up losing up...
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Your credit score has an affect on pretty much every aspect of your financial life. Whether you need a car loan or a credit card, your credit rating will come into play. Even if you want to sign up for a cell phone plan, they check your credit score. The better your score is, the lower your bills will be. So, what should you do if your score is just not good enough? You need to improve your credit score to improve your finances,...
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“Will I ever get out of a car title loan?” This is a question you might be asking yourself. Of course you will, but it easier said than done. A Car title loan does provide a quick way of getting cash whenever you need it. However if you default, you risk losing your car, not to mention damaging your credit score. Several studies show that 10 percent of vehicles involved in title loan end up being repossessed and the majority end up losing up...
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Your credit score has an affect on pretty much every aspect of your financial life. Whether you need a car loan or a credit card, your credit rating will come into play. Even if you want to sign up for a cell phone plan, they check your credit score. The better your score is, the lower your bills will be. So, what should you do if your score is just not good enough? You need to improve your credit score to improve your finances,...
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You’ve heard all about credit scores. They’re super important and seem to affect pretty much every aspect of our financial lives but does anyone really know what exactly they are? Does anyone know exactly how they work? Most people have no idea so we’re here to help. We explain where your credit score comes from, what it is, and how you can make the most of yours. What is a Credit Score? Credit scores are created by looking at credit reports and analyzing the...
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So you’re looking to buy a car? Well if you have good credit you’re in luck. There are so many advantages you should know about – taking out a loan, insurance, etc. is so much easier (and cheaper) when you have good credit. What is a good credit score? If you are using the FICO® credit rating system, anything from 700 up means you’re a great candidate. Remember though, it is the lending company that determines your risk assessment and just because FICO® deem you...
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Most people can give a good guess about the state of their credit. For most people their score is good, or fair, which is the most favorable spectrum for you to land on. If you think you have bad credit there are a few ways it can affect you in your everyday life? We can help you understand what exactly a ‘bad credit score’ is and how it affects you. The Credit Scale Lenders don’t use a generic credit rating system so even if your credit scores...
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For a large number of people, using credit is the easiest way to buy a car. It gives one a much more extensive range of cars to choose from, and in a lot of cases, actually makes it possible to buy; buying a car with just cash is not the reality for most. But wait, you’ve made some mistakes with your credit before, or just haven’t established a history yet, or, there is no one to co-sign with you. Yes, it may be harder to buy...