Posts Tagged: ‘IVA’

Motor Bike Finance Make Your Own Road

March 11, 2015 Posted by admin

The pleasure of criss-crossing the country in a bike is really a wonderful experience. Of course you can use the other modes but in a bike the felling is almost different. If you are thinking of doing it now but do not have any bike or the finances to purchase it, you can apply for motor bike finance.

With the help of Motor Bike Finance [], you can avail the right amount of finances to purchase a new or used bike at very flexible terms and conditions. However the used bike should be at least 5-6 years old otherwise it looses the market value. These finances are made available to you in two formats i.e. secured and unsecured format.

Secured format of the finances can be availed by pledging any valuable asset or the bike it self as collateral. By pledging collateral, her you can access the lowest possible interest on the loans. On the other hand, unsecured format of the loans are beneficial for borrowers like tenants and non homeowners. They can purchase the bike without attaching any collateral. Asset owners too can apply for the loans without putting their property at stake. However the interest for this loan option will be slightly higher.

The repayment term for the finances usually stretches for a period of 5-7 years. But before opting for the finances, it is very much necessary to collect the prices of various models. Then you should look for the dealers offering discounts and special packages along with the purchase. By resorting to this method, you will borrow the only amount required for the purchase with no extra financial burden. You must also avoid the finances provided by the dealer as they may levy some hidden cost which may make it difficult for you while repaying the borrowed amount.

Individuals with bad credit history like CCJs, IVA, arrears, defaults etc can also apply for the finances. Although the interest rates will be higher, by repaying the borrowed amount sum with in the specified time period they can elevate the credit score.

To avail further low rates on the finances, you can use the online option. You can collect and compare the quotes to select a lender offering the finances at competitive rates.

With motor bike finance, it is possible for you to get a new or used bike without any financial worries. Now make your own road on the highway.

Car Finance UK Low Rate Finance To Purchase Your Dream Car

December 21, 2014 Posted by admin

If you are looking for a feasible finances to procure your cream car, then consider it be done. To help you procure the car, lenders in the UK financial market are now offering easy to access car finance. The finances proves the notion wrong that finances for car are usually hard to obtain and that too at reasonable and affordable terms. In fact, with the help of finance, you can go for car of any make or model available in the market now.

The finance in UK loan market is offered in the usual format of secured and unsecured. Secured form of the finance is collateral based and to avail it, you have to place the car as collateral. The presence of an asset provides an assurance to the lender that the amount will be returned in due time. By pledging your car as collateral has a number of benefits. For instance, you get to access these loans at comparatively low rates. This makes the repayment task easier for you.

On the contrary, unsecured option of the finances can be availed without pledging any collateral. Considered as risk free finance, these loans carry a high rate of interest.

Through the finance, you can generate about 80 -90 % of the total finance required. In fact you can also utilize the finances to buy a used car but it should not he older than 5- 6 years. The repayment tenure is short and spans over a period of 5- 7 years. The reimbursement period is short as the car loses its market value with each passing year.

The finances are also made available to borrowers with imperfect credit history such as CCJs, IVA, arrears, defaults etc. however the borrowers will have to pay a high rate of interest as compared to the other borrowers.

The best way to derive Car Finance UK is by applying online. All you have to do is to fill an online application form to avail these it. Due to quick processing, the finance gets approved instantly. By taking a proper research, you can easily spot lenders offering these loans at cheap rates. Thu