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Why Title Loans are better financial options than Traditional Loans? – Fingerlakes1.com

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Whenever you have some financial needs, then you start tapping on the best financial solutions. The two main options you can make the most from the fast title loans or traditional car loans. It’s time to know why people are going only with the former option.

Traditional Car Loan Vs. Modern Car Title Loan 

You need to clear at this point that both options are categorized under a secured loan. You use your car or its title as collateral for obtaining a loan. However, certain elements make a fast title loan as the best financial choice for a person.

Less Paper Work – Consider getting a loan from a traditional channel, aka bank, and you start imaging about all those documents that you must take there. Obtaining a loan with a car title is pretty convenient, though, because you don’t have to arrange many documents. The first document is the original lien-free car title, and the second document is proof of income. The purpose of getting this proof is to get an understanding of the debt-to-income ratio. Every lender tries to play safe. Therefore, he is interested to know whether you can manage monthly loan payment or not. You may be surprised to know that many lenders are ready to give you a loan amount against your car title, even when you are unemployed. 

Loan Approval Speed – Everyone knows the frustration involved with the traditional loan. You will have to wait for weeks to get the loan’s approval, even when you meet all the requirements. Bank doesn’t grant loans quickly. They take time, and you have to show some understanding of ins and out of the loan approval process. What if you can’t wait for that much? In case of immediate cash needs, the fast title loans work as the great loan solutions for the people. You can expect to get the loan amount on the same day if you pick the best title loan, provider.

No Need of Cosigners – If you don’t have a good credit rating and score, then it’s when you start searching for a consigner, and finding the one isn’t that easy. Bank asks for a consigner, so when you cannot pay for the loan amount, that person will pay the amount you owed to the bank. However, fast title loans don’t demand any cosigner. The lender relies only on the collateral in case of default risk

No More Credit Checks – In a traditional loan, your creditworthiness plays a pivotal role. Bank will run a credit check to get an idea about your credit score. Your creditworthiness will decide whether the car loan will get approval or not. Contrary to this, fast title loans don’t require a credit check. They have little or no impact on your credit score and rating. Regardless of your credit score, a lender is there to assist you. It means that your bad credit won’t be a road blocker for you.

Wrap Up

People are going with fast title loans as they can avoid the hassle of traditional loans with it. There is no need to go through loan approval anxiety, aka waiting to get a loan approval call from a conventional lender.

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Loans Bad Credit Online – Loans Bad Credit Online – Slick Cash loan Announces Quick and Easy Online Installment loan Application with Fixed Repayment Plan – Press Release | Fintech Zoom | Fintech Zoom

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Loans Bad Credit Online – Loans Bad Credit Online – Slick Cash loan Announces Quick and Easy Online Installment loan Application with Fixed Repayment Plan – Press Release | Fintech Zoom

Loans Bad Credit Online – Slick Cash loan Announces Quick and Easy Online Installment loan Application with Fixed Repayment Plan – Press Release

Get loans fast with an online application that takes only a few minutes. There is no credit check or collateral needed to get cash to deal with pressing needs

People run out of cash all the time and they need a loan to do so many things. Getting a loan from most lenders is complicated and it takes so much time and effort.  

Slick Cash loan is proud to announce their quick and easy online installment loan services for anyone who needs money for emergency and other purposes. Even people who have bad credit can also apply and get loans.  

The entire loan process is done online. To get a loan go online and apply; it takes just a few minutes. After submitting the form the applicant gets a quick response with instant approval. Cash is then deposited into the borrower’s bank account within 24 hours.  

It’s all about helping people deal with financial situations; no collateral, no credit check. Depending on the state the borrower is residing in, they can get up to $3,000.  

There are so many reasons people need quick loans. It may be for a medical emergency, paying for tuition, buying groceries, paying for rent, auto repair, and so on. When these needs come there is no waiting. They must be attended to very quickly before things get out of hand. But most cash lenders have a lengthy process that makes it hard to get cash to solve pressing needs.  

Slick Cash loan was established to help people deal with their financial needs effectively. That’s why they have created a simple, easy, and quick online installment loan application process that takes just a few minutes. Over the past few years, the company has helped thousands of people get quick loans to solve current problems.  

Unlike other types of loans, installment loans offered by Slick Cash loan are very easy to payback. Borrowers repay the loan with a fixed monthly repayment plan. Such a repayment plan is beneficial because payments will not fluctuate due to an increase in interest rates. This makes it easy for borrowers to manage their financials and avoid getting into debt.  

Every customer that approaches Slick Cash loan is treated with respect, dignity, and complete attention. Borrowers who have issues can contact their customer care line and are assured they will get a prompt response.  

Media Contact
Company Name: Slick Cash loan
Contact Person: Mark Snow
Email: Send Email
Phone: (888) 200-7445
Address:1125 E Broadway, #545
City: Glendale
State: California, 91205
Country: United States
Website: slickcashloan.com

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Loans Bad Credit Online – Slick Cash loan Announces Quick and Easy Online Installment loan Application with Fixed Repayment Plan – Press Release

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Loans Bad Credit Online – Loans Bad Credit Online – Slick Cash loan Announces Quick and Easy Online Installment loan Application with Fixed Repayment Plan – Press Release | Fintech Zoom

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Bad Credit Credit Cards – FOMO is fueling a homebuying surge that could become ‘a curse’ | Fintech Zoom

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Bad Credit Credit Cards – FOMO is fueling a homebuying surge that could become ‘a curse’

A pandemic, historically low mortgage rates, and record low housing inventory are helping to drive many homebuyers to skip crucial steps to get in on the hot housing market, according to one financial expert.

“You’re seeing people are feeling this urge to hurry up and get something done for the sake of missing out,” Chris Hogan, a personal finance expert and spokesman for Ramsey Solutions, told Yahoo Finance Live (video above). However, he added, “there’s a process we need to follow to make sure buying a home ends up being a blessing more than a curse.”

Read more: Here’s what to do if you plan to buy a house in 2021

Homebuyers can end up getting in over their heads financially if they get caught up in a bidding war. Others may bypass a home inspection only to discover black mold in their basement after they close.

This all can be avoided, Hogan said.

“I really want to caution people on this because I’m also reading stories of people that are living their nightmares,” Hogan said. “Let’s be honest, the goal is not to buy the home. The goal is to own that bad boy.”

A “sold” sign sits on a lot as new home construction continues in Westfield, Ind., Friday, Sept. 25, 2020. (AP Photo/Michael Conroy)

Hogan offered a three-step process to make sure you’re in the right financial position to purchase a home.

Get out of debt: Pay off credit cards, student loans, and car loans.

Build up your emergency savings: Save up at least three to six months worth of living expenses. “That way you have a cushion between you and life happening,” Hogan said.

Read more: Buying a house: What you need to know about home ownership

Have a game plan for your home purchase: For Hogan, that means knowing how much you can spend on your home purchase within his three guidelines:

  • Get a 15-year fixed rate mortgage

  • Make sure your monthly payment is no more than 25% of your take-home pay

  • Put down 10% at the very minimum, but strive for a 20% down payment to have more equity and to avoid paying private mortgage insurance.

“So having these guidelines in place will ensure that you buy a home the right way,” he said, “instead of just jumping the gun because your parents say so or your neighbors did so.”

Janna is an editor for Yahoo Money and Cashay. Follow her on Twitter @JannaHerron.

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Bad Credit Credit Cards – FOMO is fueling a homebuying surge that could become ‘a curse’



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Checking Your Own Credit Report Is Vital | Fox Rothschild LLP

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These are difficult times.  Some parts of the economy have responded well to the pandemic crisis.  Others, especially those in the travel, leisure, and entertainment industries have experienced enormous financial challenges.  Sadly, this sometimes prompts desperate measures.  You should not become an unwary victim of desperate measures.  You are the best person to protect yourself from that.

Yesterday, a local attorney in suburban Philadelphia pleaded guilty to falsifying credit applications using the names and personal financial data of his wife and mother-in-law to tap an estimated $85,000 of credit, which he spent for his own amusement.  He had recently been convicted of taking roughly $90,000 in client money for similar purposes.  He will be sentenced for these crimes next month.  The crimes go back several years.  They are not related to the current economic crisis, thereby proving once again that crime can happen in good times.  However, desperate times (and many Americans are in desperate times) often trigger people to resort to desperate measures.  History has taught us that many times, the first draw on another person’s funds or credit is accompanied by the desire, indeed the expectation, that the taker will “make good” on the borrow.

The second lesson here is that certain vital information like birthdates, social security numbers, even telephone numbers and credit card data can permit theft as easily as the proverbial unlocked door.  In this case, the lawyer acted as his spouse and mother-in-law to open new accounts they never knew about at the time.  Yes, they are victims, and probably will secure release from these debts.  But, the stain of bad credit travels faster than a good reputation and it makes future borrowing a steep uphill climb.

A few years ago the judicial system embarked on a program to demand that documents filed in court be cleansed of data that could be used to steal.  The program is reasonably effective, although many attorneys forget to obliterate things like full account statements and social security numbers from documents filed with the court.  You can help with that process as well by taking action to remove/redact that data before you hand it to your attorney.  Realize that some of those digits need to be preserved because you may have four different accounts with a bank or a brokerage and they need to be distinguished.  Nevertheless, with rare exceptions, lawyers, their staff, judicial officers and the like do not need all of the numbers.  On those rare occasions when they are required, consider providing the information in separate communications.

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