Category Archives: Finance - Page 2

Why you should use debt relief programs?

You may have heard of many debt relief programs claiming to get rid of your debts for you. But how reliable are they? The very popular debt relief program is Freedom debt relief program. But does freedom debt relief program work at all? Is Freedom debt relief legit? Let us find out.

We have had to do an extensive research on the background of these businesses and do a double check on their claims. It turns out that when these businesses say that they have gotten rid of over 90% of their clients, they mean to say the truth. But you need to pay extra attention to how they phrase such information. They will tell you honestly that the debt was relived but how? That you’ve to decipher on your own.

Here is what we found out.

  1. They will get rid of your debt, but at what cost? No one can say for sure. Sometimes these businesses form a complete plan and put that ahead of you which is relatively simple and to the point. There’s no catch. But sometimes when things are not going the simple way, they tend to suggest solutions that may end up costing you more than what you had estimated.
  2. It may or may not affect your credit score. Depending on how you have decided to solve your debt problem, also has an effect on your credit score. The business hardly care about the expenses you have to bear to get your problems sorted. Sometimes forming the strategies for debt relief will put you on another loan. Sometimes it won’t. You have to be careful when dealing with them and read documents carefully.
  3. The last but the first thing you should do is that you should try to formulate a solution for your debt relief. Your research will obviously be more beneficial to you as compared to the benefits that the company have in mind.

Unexpected Financial Disasters

You try your best to scrimp and save and prepare for unexpected financial disasters, but bad things do happen to good people, and that’s when that car you’ve been driving everyday becomes your personal bank.

Here’s How it Works

Many people with bad credit are leery of banks and other financial institutions; they may have even gone to these places to get a loan and have been turned down because of their credit score. vippi Title loan companies make loans everyday regardless of credit. In fact, your credit is never checked, and paying off your loan in a timely manner even helps your credit. Here’s what to do.

Fill out the Application: You can either go online and fill out a simple 5 minute application or drive to your nearest title loan company and do it there.

Bring your Car in: While you’re filling out the application a representative from the company will appraise your car. As long as it has a market value of $5,000 or more you’re in business.

Bring your Documents: You’ll need to bring in your unencumbered title (i.e. your car is paid off and there are no lienholders on title), state or government issued ID like a driver’s license, proof of income (W-2, 1099, retirement, or disability), and in some cases proof of residence (utility bill or phone bill).

Get your Cash: Title loan companies know you need cash and you need it fast, so they have streamlined the process to where you can walk in and out with your money in as little as 30 minutes regardless of your credit.

Pay off the Loan: The best thing is, you still get to drive your car around while paying off your loan. Don’t worry about huge balloon payments either. You’ll be set up on a payment plan that works for you and as you make your scheduled payments your credit improves.