Auto Refinance

February 22nd, 2007

Have you ever considered refinancing your car? If you have a car on credit then you could be getting a better deal by switching loan providers. Automobile Loan Refinancing from RateGenius.com offers a quick and easy solution to car refinance. You aren’t limited to refinancing regular cars only, they also refinance trucks and SUV’s on the same service.

Refinancing also allows you to take up to 90 days payment holiday from your vehicle finance, which can be especially useful if you find yourself in a tight spot. RateGenius have an example on their site which shows a saving of over $70 per month and a total of over $4400 over the life of a typical $30000 auto loan.

Merchant Credit Card Processing

February 22nd, 2007

If you are in business (and I know that many readers of this blog are) then you will be interested to hear about merchant credit processing from Global Payment Services. They offer credit card merchant accounts for online and eCommerce as well as retail and mail and phone order processing.

Currently Global Payment Services have a offer for free internet gateway software with free programming, a cost saving of $395. It is a time limited offer, so get in quick if it is of interest to you.

Secured Loans in the UK

February 22nd, 2007

For a quick calculation of UK secured loans costs try the any-loans.co.uk loan search. They sift through over 500 lenders and loan products for you with no credit check and no obligation to take out the loan. The secured loan search is absolutely free, and can save you hundreds or thousands of pounds over the duration of the loan by ensuring you have the best possible product to fit your needs.

Any-loans also have access to the UK’s top lenders and all their secured loan products, so you can be sure you are dealing with a reputable company.

Favorite Reads: Credit Cave

January 21st, 2007

As avid readers of my blogs may know I spend my time between the UK and Australia. Banking in Australia is a little backward compared to European banking (it is actually cheaper for me to run my financial affairs in Australia using UK bank accounts and credit cards than Australian ones, can you believe??) so when I read this credit card story on CreditCave.com it gave me a giggle.

I like to read Credit Cave to keep abreast of financial events in the UK. I found out from Credit Cave back in November that the Bank of England had raised interest rates to 5%… something that has implications on my UK mortgage and finance agreements. It is still better for me to borrow in the UK and spend in Australia, in fact at current rates I could borrow in England and deposit in Australia and make a profit on the difference in interest rates.

The Credit Cave also has some great ‘life’ tips, sometimes we all need to be reminded about prioritising time – it’s not just money and business that are important in this life.

Credit Cards Store UK

January 21st, 2007

The UK credit card store carry all the offers from major credit card companies divided up into easy to navigate categories. They are another website that has recognised the huge competition between credit card providers and the opportunity it creates for you, the consumer, to better your financial situation through clever planning and restructuring of your credit and loan agreements.

Most UK citizens could be better off by moving their credit card debt to a different credit card, one which offers a better rate of interest, whether it is a short term (6 months to a year) 0% credit cards offer, or a card with a long term low interest rate.

UK Insurance

January 21st, 2007

Finding the right insurance policy is about more than just about finding the cheapest quote. Factors such as the policy excess, and new-for-old coverage matter (especially when making a claim).

The policy excess is the amount you are expected to pay towards the cost of the claim. This (usually small amount) is there to reduce the actual cost of your policy, and so must be balanced against the cost of the insurance policy.

Two essential insurance policies for most families are car insurance and home insurance. Insure121.com can help you decide on the right level of cover for your needs, and provide competitive insurance quotations. Be sure to check out their other insurance offerings which cover most peoples needs; travel insurance, pet insurance and caravan insurance.

Credit Cards US

January 20th, 2007

Following on from my recent posts about 0% credit cards in the UK, I thought I would share a little info about credit cards in the USA, especially low interest credit cards.

Credit-Cards-Info.com carries information and reviews of American credit cards (along with a few from the UK). Whether you are looking for low interest or balance transfer credit cards, Student credit cards, or reward points cards you can find them all here.

I especially like the little tips that this site gives you, such as the fact that any annual fee on a credit card should be considered in the overall cost of your borrowing. Also the honesty of the site: if you don’t have a really good credit record, then there are some credit card companies that will not approve you on their best offers.

Credit Cards: 0% Balance Transfers

January 20th, 2007

Sometimes the financial services industry can do you a favour, and give you something for nothing. This is the case with 0% balance transfers on credit cards. Credit card companies are so desperate to get new customers for their high profit products (credit cards) that they will actually offer a loss-leader to get new signups.

A 0% introductory credit period on a credit card is a worthwhile incentive. If you use these offers correctly it is possible to make money, not just save money – but you have to be strict with yourself, there are rules to follow when playing this game. The credit card companies set traps that can catch the consumer unaware!

Be sure to thoroughly research and compare credit cards before you decide to follow this path.

UK Finance Agreements Guide

January 20th, 2007

Incase you aren’t familiar with different types of available UK loans I have put together this quick summary.

  • Secured loans are secured against property (usually your house), and if you cannot pay the loan then your house may be repossessed.
  • Unsecured loans do not give the lender charge over your property, but attracts a higher interest rate as it is a higher risk for the lender.
  • Guaranteed car loans are a ‘hire purchase’ type agreement where the loan is secured against the car. This is the most expensive kind of loan discussed here, with the highest interest rate; there may be insurance premiums to pay also.
  • Remortgages are a loan which is drawn against the equity in your house. These loans generally replace the existing mortgage on your house with a new (larger) one, and are secured on your home. They are usually an economical way to borrow larger sums of money for home improvements etc. Also available are bad credit remortgages for those with a bad history, possibly looking to consolidate their existing finance agreements.

Online Personal Loans UK

January 20th, 2007

Looking for personal loans in the UK? So long as you are a UK resident Select Loans should be able to help you find the loan you need. Select offer a comparison service for secured loans and non-secured loans, and UK guaranteed car loans for those with less than perfect credit history.

Select also have reviews of each of the loan providers on their website, helping you to make the right choice, and finding the loan that is right for your circumstances. In any case, you should be asking yourself a few questions before taking out a personal loan:

  • How long should I be taking this loan over?
  • How much can I afford to repay each month?
  • Do I need insurance for unforseen circumstances?