When you’re struggling to pay off an auto title car loan, a big tax refund can be such a great blessing. You don’t want to waste it on frivolous things. Be smart about your use of your refund to maximize your sudden windfall. The first thing to consider is paying off your auto title car loan. Don’t just use it make a regular payment, but pay off the entire amount. An auto title loan has such high interest rates, using your refund to pay it off early will save you quite a bit of money just in interest. Plus, you’ll no longer have to worry about losing your vehicle.
When you look for a car to purchase, you’ll want to take into consideration how quickly it depreciates, especially if you have ever taken out a car title auto loan or plan on reselling the vehicle. It may surprise you how quickly a car can lose value, and some models depreciate faster than others. When you buy a car new, it will lose value as soon as you drive it off the lot because it can never again be considered new. Once it is considered used, even with 1 mile on the odometer, the car will lose on average 11 percent of its value. After just three years and an average of 15,000 miles per year, which is the normal time and mileage for an average lease, the car will lose an average of 42 percent of its value. After five years and 60,000 miles, which is the normal duration […]
When you’re struggling to pay off a car title loan, even small expenses will seem like a big deal. However, many people don’t think about the cost of those small expenses until they are faced with a car title loan. When we have some cash in our pockets or our purses, it doesn’t seem like a big deal to spend a few dollars here or there. However, when that spending becomes common or even routine, those small costs can add up quickly.
Working from home is becoming an increasingly popular option for many people. Most do it to avoid the commute, but don’t dismiss the financial benefits, which can help you pay off an auto title loan. The most obvious financial benefit to working from home, also known as telecommuting, is saving on the cost of gasoline that you use when driving yourself to work. While this cost tends to go up and down during the year, gas prices tend to rise quickly and decline slowly, meaning it will continue to slowly climb until demand starts to decrease.
Conservation has become a big concern for the preserving of natural resources, especially as far as lawn care is concerned. Fortunately, not only can conservation save the environment, it can save you from your car title loan as well. Watering your lawn is one of the easiest areas to save. Many people water their lawns more than needed without realizing it.
A maid of honor usually takes on the responsibility of throwing a bridal shower. However, this can be a daunting task if you are also struggling to pay off an auto title loan. The good news is that there are many ways to throw a great bridal shower without spending a ton of money. No matter what kind of shower you decide to throw, you will want to plan ahead and make a budget. This will help you keep costs to a minimum.
Small expenses done repeatedly can add up quickly. If you aren’t careful, this could interfere with your ability to pay off a car title loan. Bottled water has become a booming industry, especially in the United States. In 2011, more bottled water was sold in the U.S. than ever before, a total of 9.1 billion gallons, which was about 29.2 gallons per person. One gallon of water would fill more than seven half-liter (500 ml) bottles, which translates to about 221 bottles of water per person per year. That’s a lot of water.
Whether your engaged, married, or living together, budgeting as a couple is not always easy; especially if you find yourselves in a financial bind that requires taking out an auto title loan. Money is the #1 cause of stress in a couple’s relationship so it goes without saying that having financial harmony within the relationship is worth far more than what you have in your bank account; separately or combined! The first, and possibly most important, step to avoiding as much stress as possible when it comes to money is to be honest with each other. Although the two of you may have very different views and opinions on money and how to deal with it, being open with each other about how much you make and how you choose to spend your money is vital to the success of your marriage/relationship. Taking out an auto title loan should be well though out […]
Single women, who have only once income to rely on, are more likely to take out a car title loan than married women who typically have their spouse’s income to fall back on. Budgeting for the cost of paying back a car title loan can be more difficult for a one-income household such as a single women’s. Online tracking systems are great for busy single women. Juggling children, friends and family, a career and a social life is hard enough, let alone making sure you have your finances in order and your bills paid. Utilizing a notebook or spreadsheet is one way of logging income, writing down expenses, and tracking where your money comes in and goes out. Online tracking, though, is most likely faster and more simplified. What normally takes up a weekend afternoon can be input into an electronic tracker, freeing up time and giving you a complete overview of your spending […]
Despite 15 states putting a ban on payday loan lending, the industry is thriving. With nearly 12 million Americans turning to payday loans for help, there is no shortage of lenders whether online or storefront. In fact, the industry has found a powerful ally in some major banking institutions including Wells Fargo and JP Morgan Chase reports Pew Charitable Trusts, a Washington D.C. based think-tank organization aimed at improving public policy. Payday loan lenders are getting savvy when it comes to working their way around state bans. By relocating their operations to states that allow payday lending they continue to do business. Some have even opted for taking their business offshore so they can avoid being subject to interest rate caps. While lenders see an increase in business, banks have become a part of the process by allowing lenders to automatically withdraw payday loan payments from borrowers’ bank accounts. Fifty-eight percent of consumers who turn to […]