Top 3 Tips of Car Finance – How to Stay Ahead

No two people will ever agree on the top 3 tips of car finance.

Of course if you’re fabulously wealthy then you may not need any tips at all because you probably don’t need to finance that car purchase either. For the rest of us mere mortals, any help at all is beneficial if it makes easier the process of finding finance that is affordable and ‘fit for purpose’.

So, even though not everyone will see things in the same way, you may find the following thoughts interesting.

1. Know what you can afford each month by way of repayments – & be realistic!

Yep, we’ve all done it – falling in love with that car (or other item) and then trying to convince ourselves that we’ll be able to manage the repayments with a bit of belt-tightening combined with luck on the lottery. Maybe we’ll also get a vast and entirely unexpected Christmas bonus to help!

This is often the road to ruin. Firstly you could end up with a loan that you can’t afford and the car could be repossessed before you’ve even got used to it. Secondly your wild optimism and wishful thinking may scare off potential lenders before you start.

Lenders like to see that an applicant is being realistic and that their loan request makes some sort of sense when viewed against their income and existing financial commitments. Losing you heart to (e.g.) a Lamborghini may be fine but not if it means you end up trying to convince a finance company that you can pay them 1000 pounds per month back when you only have 750 pounds per month coming in, with 600 pounds of it already going out to other things.

Finance companies tend to get scared off easily by people they see as ‘dreamers’, so it may pay to avoid being seen as one.

2. The salesperson is not on your side.

If you’ve found and just test-driven the car of your dreams, then utter heaven may be the ‘I’m just like your favourite aunt/uncle‘ salesperson who also offers you a “never to be repeated” or “I’m robbing myself blind” finance offer to go with it. All done in one easy stroke of the pen – car and finance combined.

Such a finance deal MAY be a good offer but it very possibly is no such thing and you’ll be paying far more for your finance than you could have found it elsewhere. There is absolutely no way on earth you can be sure about whether or not the finance being floated is a good deal until such time as you have compared it to another offer or offers.

3. Shop around & get expert advice.

Unless you’re very well qualified in the car finance business, you may find it difficult to look at a given option for a loan and say with confidence “that’s the best one”. The loans offered by the banks, building societies and finance companies all have their pros and cons and knowing which is the best for you may not be easy.

There are specialist car finance web sites around that may be able to help. Using their expert knowledge of the markets and the specifics of your situation may mean that you find deals that you would not have otherwise known were even around. It may be worthwhile looking at these sites a little more closely.

You may not agree that the above three points are necessarily the top 3 tips of car finance but we hope that you’ve found them useful!

Guaranteed Financing For Cosmetic Surgery

So you are thinking about getting some cosmetic surgery but don’t have the available finances to pay for the expensive procedure and its not covered under your insurance policy. With today’s economy it is getting harder to put money away for a rainy day let alone pay for an elective surgery. But due to the economy cosmetic surgery clinics are finding ways to offer loans to potential patients with guaranteed financing through credit companies they work with directly. You can also apply for a health care loan online.

Guaranteed financing for cosmetic surgery is available through the following health care credit companies:

Capital One Healthcare Finance which provides patients a flexible plan and low interest rates. Cosmetic surgery procedures range from $1500 to $25,000 and can be financed through the Capital One plan.

Care Credit helps pay for elective surgery procedures not covered by your health insurance company. Care Credit also provides the patient with affordable monthly payments that works with your budget. The maximum guaranteed cosmetic surgery financing is $25,000.

Surgery Financing offers an extensive array of loan options with interest rates ranging from 4.9% to 17.9% and a full range of payment plans to choose from. Surgeryfinancing.com offers fixed term loans up to 60 months, a 12 month deferred payment plan with no interest, no pre-payment penalties, 0% interest on approved credit with loans from $1,000 to $25,000.

Health One has 0% interest on the first 6 months. No annual fees with a purchase once a year. Low interest rates and high loan limits. Health One has guaranteed financing for plastic surgery procedures such as bariatric surgery or cosmetic dentistry and non-surgical cosmetic surgery alternatives like spa treatments and facial laser resurfacing. If your surgery is covered by your insurance company, but the 20% co-pay limit still takes a bite out of your bank account. Health One will finance your co-payment.

MyMedicalLoan.com is created to provide consumers with easy and affordable options to pay for medical expenses through your doctor’s office. Whether you need a medical loan for plastic surgery, vision correction or other medical procedures, we can help you obtain financing through your doctor’s office for your needs, even if you have less than perfect credit. But less than perfect credit requires a co-signer. Loan amounts are from $1,000 to $25,000. Interest rates start at 9.99%.

Cosmetic Surgery Center often will have a guaranteed financing payment plan in place that can be an effective solution to pay for your surgery. If they do, be sure to inquire about the specific terms and how they would affect your payments. Make sure the payment plan covers all expenses from your initial consultation to your follow-up visits.

Ask your bank for a personal loan and make sure you are honest about your credit rating. In fact it may be in your best interest to obtain your credit report before you apply for a loan. You can get your credit report from Transunion, Experian or Equifax. If there are any questionable items on the report you correct the error and save yourself from getting higher interest rates. If your credit rating is below their standards you might need a cosigner or collateral to get the loan.

Just remember a loan with a credit company through your cosmetic surgery clinic or a health care credit company online is different then a loan from your bank or using a personal credit card. A health care loan will often qualify you for much larger amounts in comparison to credit card limits. Interest rates are often very similar ranging from an average of 14% to 20%, with some plastic surgery financial companies offering rates as low as 8 or 9% for those with excellent credit. You should also look to see if any companies are offering a no interest grace period. You can sometimes find guaranteed financing cosmetic surgery loans at 0% interest for up to 12 months with no downpayment and no collateral.