Posts Tagged: ‘APR’

Looking For Motor Car Financing On The Internet

November 9, 2014 Posted by admin

When it comes to taking out motor car finance the easiest and quickest way to search the whole of the marketplace for the cheapest deals is with a specialist car loans website. A website such as this will not only know where to look to get the most suitable loan for your circumstances but they will also offer advice, hints and tips on knowing which is the right car finance deal for your particular needs.

There are many different types of motor car finance and your circumstances will dictate which type will be most suitable for you needs. The number one factor which goes a long way to you deciding which type of loan you need is your credit rating, this is the first thing that is taken into account when you apply for a loan and not only will it depend on the type of loan you get but also the rate of interest you will pay.

For those with a very poor credit rating the best choice and perhaps only choice when it comes to motor car finance will be a bad credit car loan. A bad credit car loan will mean that you have to pay a higher rate of interest for your loan but it will at least be a way of getting approved for credit to buy your car. By going with a specialist website and allowing them to get quotes on your behalf you will get the cheapest rates and best deals available for your circumstances.

If your credit rating is excellent then you will have access to a wider range of choices for motor car finance along with the lowest interest rates. If you are buying a brand new model and want to spread the cost of borrowing a large amount of money over several years, then a secured loan might be the best way to go. However the biggest disadvantage of taking out a secured loan is that you will have to put something of substantial value against the loan and this is usually the roof over your head. Another downside to taking out a loan over many years is the amount of interest that will be added onto the cost of the loan, you also have to remember that a cars value will depreciate and take this into account when deciding how long to take the loan over.

When getting the cheapest motor car finance deal there is more to take into consideration than just the rate of interest that is advertised. You also have to be sure that the rates you are comparing are the same, some lenders will advertise low interest rates but when you look at them they are quoted on weekly or monthly terms not the year. This is another advantage of going with a specialist website, the quotes should all show yearly APR rates which makes comparing easier. The quotes should also come with the key facts attached and this is where you are able to find such things as any hidden costs, the total amount of the loan and the amount of interest that you will pay over the term of the loan.

A specialist car finance website should also be able to give you help and advice freely and information so when it comes to comparing and choosing motor car finance you have knowledge regarding what you are looking for. Loans are not the easiest thing to tackle on your own so it is imperative that you go into it with as much information as possible before signing on the dotted line.

Continetal Finance Gold MasterCard – The Details

August 16, 2014 Posted by admin

The Continental Finance Gold MasterCard is an unsecured credit card issued by the First Bank of Delaware. It is aimed at people that have a bad history, such as those who have previously not made their payments on time and have generally mismanaged previous accounts.

You will be assigned an initial limit which can vary from $75 to $300. The actual APR will depend on a number of things, but could be as low as 9.75% APR. The card also offers semi-annual limit increases, if you then pay off a good amount of your balance every month on time. These are applied in chunks of $75, increasing your limit up to a maximum of $2,000.

It is accepted for paying for goods and services worldwide. It also offers online access, allowing you to check your balance, pay your monthly bill and see your recent statements. There are also a number of additional online tools to help you manage your finances.

A key component is that it offers monthly reporting to the major bureaus. This means that if you are managing your finances well and paying your monthly bills on time, your rating could start to improve. You will be creating some positive payment history with the bureaus.

As with most type of offer, there are additional fees that you should be aware of before you apply. There is a one-time account processing fee that is charged, as well as an annual fee and an account maintenance fee. You should read the information carefully before committing, and see whether this is right for you.

It is also important that you make your monthly payment on time; otherwise you will be charged a late payment fee of $35. The same charge applies if you perform transactions that take you over your limit.

In order to apply you will need to verify your identification and address, and should be over 18 years old (19 in some states). There are also a small number of exclusions; you cannot reside in Wisconsin or New York, for instance. Customers who meet the criteria will be approved instantly, and will receive their cards within a few days.

If you apply for the Continental Finance Gold MasterCard and are turned down, you may be offered a Classic instead. This carries a higher APR of 19.92%, and the charges and fees vary slightly. However before you apply for any offer make sure you read the terms and conditions and are fully aware of what fees the card caries.

0% Financing Credit Card Offers

August 1, 2014 Posted by admin

0% financing credit card offers are a subject that gets a lot of attention, especially online. If you go online, you should have no trouble finding blog posts and websites all about 0% financing credit card offers [http://www.smartcreditchoices.com/] and what you can do with them. The concept of a 0% down payment is a buzzword that gets a lot of attention. Unfortunately, these teaser financing techniques can actually be a really negative thing if you enter into them for the wrong reasons. People can easily find themselves in financial trouble because they took advantage of 0% financing credit card offers without really understanding what they were getting into. Taking advantage of 0% financing credit card offers without a money management plan can easily put you into some seriously massive credit card debt.

The truth of the matter when it comes to 0% financing credit card offers is that they are best taken advantage of in situations where you do not actually need them. You can wisely take advantage of 0% financing credit card offers and end up better off in the long run, but only in situations where you are not desperate for credit. If you take advantage of these teaser deals and 0% financing credit card offers because you desperately need credit help, then you are in it for the wrong reason and it is going to come back to bite you if you do not protect yourself.

0% financing credit card offers are teaser offers, meaning they are short term offers that are meant to draw consumers in and to drive new customers. After a set period of time, which is not always easy to figure out, the APR will suddenly shoot up, and you will find yourself with an insane interest rate to accompany the large balance that you have already accumulated. If you want to avoid this, you need to be wise about taking on 0% financing credit card offers, because they are not all as wonderful as they seem when you first find out about them. 0% financing credit card offers can be useful in certain circumstances, but usually only when you don’t actually need them.