3 Tips to Get an Auto Loan You Have Bad Credit

Are you afraid that you’ll be rejected for an auto loan because you have bad credit? This fear kind of takes the excitement out of the car buying process.

According to Bestcar.loans, a website providing advice on how to choose the best bank to refinance auto loan, “Since cars can cost tens of thousands of dollars, most car buyers will want to take out a car loan to finance the majority of the purchase.”

Instead of feeling stressed out and worried, we would like you to feel comfortable in knowing that you will qualify for a bad credit auto loan if you follow the guidance that we are about to share with you today.

With that said, let’s take a look at three powerful tips to help you buy your brand-new dream car even though your current credit score isn’t incredibly impressive.

  1. Preparation Is the Key to Success

If you were still in school and you had a big test coming up, you would study and prepare for it, right?

Well, you have to look at applying for an auto loan when you have bad credit from the same perspective. Because if you do not prepare ahead of time, you’ll have a difficult time qualifying for a loan.

And if you do qualify, you’re probably going to end up spending a fortune over the lifetime of the loan because of a high interest rate.

So, the first thing to do is get your credit score and credit reports from all three credit bureaus. And once you have these documents in your hands or on your computer screen, you need to look over them thoroughly to search for any discrepancies.

If there are errors on your report, take the necessary steps to dispute them. Do this before you apply for the loan, because once you get these errors fixed, your credit score will go up a bit.

Also, during the loan acceptance process, potential lenders are going to try their best to determine if you have stable employment and enough income to afford your monthly loan payments.

So you obviously must make sure you have a job that you can prove to your lender. And know that the longer you’ve been there, the better off you’re going to be. Working at a company for a long time isn’t a deal breaker though, so don’t worry about it too much.

  1. Can You Get a Cosigner for Your Loan?

When attempting to get an auto loan with bad credit, your best bet to get a decent loan is to apply along with a cosigner.

And not just any old cosigner. Make sure this person has very good credit themselves; otherwise they aren’t going to be much help to you.

By having a cosigner with great credit take responsibility for the loan along with you, potential lenders will have a difficult time turning you down.

So it definitely makes sense to find somebody willing to vouch for you as a cosigner, because it all but guarantees that you’ll get approved for your loan at a lower interest rate than you would without a cosigner.

  1. Check for Auto Loan Comparisons

Finally, some auto loans are going to be better than others. And some lenders are going to be more lenient to those with bad credit.

So, it’s in your best interest to compare as many auto loans as possible. Find an online comparison website or manually apply for a loan with each lender.

Conclusion

It may seem impossible to get an auto loan if you have bad credit, but if you follow these guidelines you can certainly make it happen.

Promoting Healthy Eating to Lower Health Care Costs

When it comes to dental health you want to make sure you are doing everything you can to keep your teeth and gums strong. While flossing and brushing are some of the best habits to get into, there are other things you can do to promote good oral hygiene. There are actually a lot of foods you should be eating to ensure your teeth and gums stay healthy as well. Eating healthy is actually an easy way to keep you from having to go through expensive and painful dental work. Here are some of the best foods you can eat that help with dental health.

Cheese

According to a 2013 study from General Dentistry, cheese helps raise the PH level in your mouth. The higher PH level is important because it lowers the rate and risk of tooth decay. The cheese is also thought to be good because it is chewy. The more you are chewing, the more saliva is being created in your mouth to help with maintaining a good PH balance. Cheese is of course a good food for dental health because it contains calcium and protein, which are both needed to build strong enamel.

Carrots

Carrots are a great food to eat to help with dental health, especially if you eat them raw. Carrots contain a lot of fiber, and are also packed with Vitamin A. Not to mention that the crunchiness of raw carrots helps produce more saliva in your mouth. The more saliva that is being produced in your mouth, the less likely you are to end up with cavities and dental problems and the less dental insurance costs you’ll have. It is better to eat a small amount of carrots every day at the end of your regular meals because of the increased saliva benefits.

Various Leafy Greens

If you are looking for a food to really help with your dental health, leafy greens are the way to go. Leafy greens encompass many different foods such as lettuce, spinach, and kale. All leafy greens are full of various minerals and vitamins that are essential to dental and overall health. Leafy greens like spinach are high in folic acid, which can actually help treat gum disease in various groups. Calcium is also in abundance within leafy greens, and the calcium is important for keeping your tooth enamel strong.

Fermented Foods

Fermented foods are great for your overall dental health. This is due to the fact fermented foods contain probiotics, which are the best bacteria found in your body. We all have good and bad bacteria in our body and mouth. Probiotics are what are considered the best of the best in terms of bacteria. Probiotics have been found to decrease plaque and help fight off gum disease. Fermented foods such as yogurt, sauerkraut, and miso are great options to eat regularly.

Conclusion

These are just some of the many foods that can help with dental health. Typically you can guess at which foods are good for your teeth because they are often good for other parts of your body as well.

Inflation is the Silent Killer of Money

Inflation is the silent killer of money! People often have a false sense of security when it comes to their savings. They think that if they diligently put away a few dollars here and there into a savings account then they will be just fine later in life. The truth is, savings accounts offer very little interest and earnings on the money deposited. Often times the rates are below 1%, and even those can be promotional and temporary at times. Then you have the ability to put the money into CD’s, but the one’s that earn a decent rate of return require that you lock up your money for years to come. Withdrawing early usually comes with a stiff penalty that negates any interest you have earned. Rest assured there are ways to protect yourself from inflation, but some come with either increased risk, inconvenience, or both.

Opening an investment account is key to long term savings. My advice is to open an online account because they often hand out bonuses, and they have lower overhead costs which translate to lower fees for the consumer. Though opening a brick and mortar account is better than nothing. Next, I would make automatic payroll or savings account deductions so that a set amount of money is deposited into this account each month. The set it and forget savings method is a great way to invest without feeling the sting. These accounts will give you the ability to diversify within mutual funds, ETC, single stocks, or even binary options. If you aren’t familiar with these options then just do an internet search of binary options reviews for more answers. The key is to minimize your tax burden, fee structure, and to maximize your overall savings!

A less risky approach to protecting against inflation is to open an online bank account. These online banks are becoming more popular because they offer fee-free accounts, and offer higher rates of return on your money. These banks are able to do this because they have little overhead to contend with, and are able to pass the savings on to you. Their money market accounts and CD’s often blow the brick and mortar banks out of the water. Some people tend to get a little nervous socking their money away in these accounts, but they are just as safe as any other bank out there. With brokerages, banks, and mortgage companies venturing more and more into the virtual world these is just common practice today.