Its not uncommon to have more than one vehicle in your driveway. What may be uncommon, though, is for all of those cars to be in good working order. And that is unfortunate, because there might be some situations in which having two well running cars are necessary.
If all of your cars are paid off, and your finances are good, getting approved for another auto loan shouldnt be a problem. But what can you do when you are already making payments on a financed vehicle and need a second one?
Your credit will be the deciding factor on whether or not you can get approved for auto financing. If your credit is stellar, you only need to worry about your debt to income ratio (DTI). This is the percentage of your monthly gross income that goes towards paying debts (including housing costs like rent or a mortgage).
But, if you have a bad credit rating, lenders will not approve you for another loan, even if you have the income to handle the payments. From their perspective, its just too risky.Why Do You Need a Second Car?
What makes another working vehicle a necessity for you? Do you have additional family members in your home that need to have accessible transportation when youre at work? Or, is it just a case of having a somewhat reliable backup in the case of emergencies? If its for another person, can they apply for a loan themselves or, if it is for your spouse, can they be a co-buyer?
These are the questions that you need to take into consideration. If it is for another member of your household, maybe it is possible for them to get approved for an auto loan. Theyll never know until they try. But if all else fails, there may be another option for you.What Can You Do? Take Inventory!
What condition are your other cars in? One might be barely running, and another may not run at all. See what you can do to make the most of them. Sell the old cars, and then look into buying a better quality used vehicle. It could be just what you need until you have your current loan paid off and are in the position to take out another loan.
If you are in a position to take out another auto loan, or have another family member who needs to get approved for auto financing, Auto Credit Express is ready to find the dealer that can help.
Boston users can bet on surge pricing to hike the cost of New Years Eve Uber trips, but the notorious ridesharing company plans to contribute a portion of the higher revenues to a campaign aimed at preventing drunk driving.
Uber has partnered with Mothers Against Drunk Driving (MADD) to remind those planning to celebrate the start of 2015 to do so responsibly. For its part in raising awareness about the dangers of driving drunk, Uber announced in a blog post that users will have the chance to donate to MADD. The company plans to pitch in $1 dollar for every user trip requested between certain hours using the promo code MADDNYE.
Heres how Uber says the promo works:
This New Year's Eve, between 6pm on December 31 and 6am on January 1, Uber is donating $1 of every ride nationwide to MADD when you enter the promo code MADDNYE. Please join us in supporting MADD's work to end drunk driving and aid the victims and survivors of drunk driving crashes.
Uber is expecting to receive millions of trip requests on its platform this New Years, a company spokesperson told reporters in a conference call. That means surge pricing will likely jack up rates in Uber cities around the world.
Wed rather have high prices than not have any rides available, the Uber rep said. We have a goal of ensuring safe and reliable rides regardless of time.
In Boston (and other cities, too, surely), Uber is trying to prepare for high demand by adding new drivers. Heres a look at texts applicants have received Monday.
Demand is bound to be off the charts; Uber is letting riders and drivers know what to expect ahead of time. Those planning to request a trip, despite the high prices, should take the time to enter the promo code and contribute to MADDs campaign. And people interested in signing up to drive should finish applying now, for a chance to pocket some extra cash on New Years Eve - but maybe pass on Santanders subprime auto-financing.
Las Vegas, NV - 31 December, 2014 (TechSonian) Penny Stock Earnings is comprised of a team of vetted penny stock traders who've been trading since 2008 amp; have developed the skills needed to trade for consistent profits through email and text messages. To Join Our Text Message Alerts Service Just Text The Word PENNYSTOCK To 555888 From Your Cell Phone.
Stocks shrugged off an early report from the Labor Department showing jobless claims rose by more than expected, up 17,000 to 298,000 in the week ended Dec. 27. Economists surveyed by The Wall Street Journal had expected 290,000 new claims. Claims remain near postrecession lows.
Banco Santander, SA (ADR)(NYSE:SAN)provides various banking products and services for individuals, small and medium enterprises, institutions, and companies. The company offers various deposit products, such as demand and time deposits; mortgages, auto financing, and personal loans; consumer finance; and telephone banking services, and electronic and Internet banking services. It is also engaged in corporate banking, treasury, and investment banking activities; designs and manages mutual and pension funds, and investment companies; manages investments real estate industry.
Banco Santander, SA (ADR)(NYSE:SAN) opened the session at $8.44, trading in a range of $8.44- $8.49, and was at $8.44. The stock showed a negative performance of -0.94% in the recent trading session. The stock was trading on a volume of 3.29 million shares and the average volume of the stock remained 3.29 million shares.
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Ambev SA (ADR)(NYSE:ABEV)through its subsidiaries, produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas. It offers beers primarily under Skol, Brahma, Antarctica brands, Brahva, Brahva Beats, Brahva Light, Extra, Budweiser, Becks amp; Stella Artois, Presidente, Brahma Light, President Light, Bohemia, The One, Corona, Stella Artois, Budweiser, Zenda, Quilmes Cristal, Paceña, Taquiña, Huari, Becker, Báltica, Pilsen, Patricia, and Bud Light, as well as Labatt Blue, Alexander Keiths, Stella Artois, and Kokanee brands.
Ambev SA (ADR)(NYSE:ABEV)was trading higher -0.40% to $6.22.So far, around 2million shares have changed hands in this session. After opening at $6.19, the stock hit as high as $6.25. However, it traded between $5.56 and $8.67 over the last twelve months.
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Itau Unibanco Holding SA (ADR)(NYSE:ITUB)provides various financial products and services in Brazil and internationally. Its products include investment products, such as pension plans, mutual funds, time deposits, demand deposit accounts, savings accounts, and capitalization plans; personal loans, overdraft protection, payroll loans, vehicle loans, credit cards, mortgage and agricultural loans, working capital loans, and trade note discount and export financing services; and insurance products, including life, home, credit/cash cards, vehicles.
Itau Unibanco Holding SA (ADR)(NYSE:ITUB) reported 817,590.00 shares have been exchanged so far while the average volume is about 11.57M shares. The stock dropped -1.23% and most recently was trading at $12.88. The beta of the stock is recorded at 1.69 and the EPS of the stock remained 1.38. The shares outstanding of the stock are 2.71 billion.
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EMC Corporation(NYSE:EMC)reported three organizations as grant recipients of the 2014 EMC Heritage Trust Project. The grants will support projects that practice and encourage the stewardship of cultural information in local communities in the UK, Canada and India.
Founded in 2007, EMCs Information Heritage Initiative program assists advance the conservation of information heritage through digitization around the world, allowing readily available online research and education.
EMC Corporation(NYSE:EMC)gained volume of 1.27 million shares, while the average volume remained 12.45 million shares. The stock decreased -0.58% to $ 29.98. The EPS of the stock over the last 12 months remained 1.255. To get a view of its performance, the one month trend of the stock was -2.95%.
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Robert had never heard of Auto Credit Express when he stumbled upon our site late one night, searching for auto financing. He knew his credit wasnt great, so walking into any dealership and picking out any car was not an option. And he didnt have enough saved up to purchase a car from a private seller. Its no wonder he was starting to lose faith in his chances of getting a car, that is, until that night.A Speedy Response
He filled out the quick online application and didnt think much of it after that. But the next morning, he received a call from Nicole at Auto Credit Express. He was surprised to get a call about his application so quickly and figured that meant bad news. However, Nicole had good news and said that his application had been accepted by a local dealership who works with bad credit. Still skeptical, Robert asked a few questions that Nicole helped answer:
How much am I approved for? We are not the lender, so we dont know exactly how much you might be approved for at the dealership. However, since the information on your application met the requirements of the dealer you matched with, your chances of approval for a new or slightly used automobile are very high.
How much of a down payment will I need? Weve seen people get loans for little to no money down, but keep in mind, providing a more substantial initial payment will reduce your monthly payments and the amount of interest paid over the life of the loan. Many people say the standard down payment rate is around 10%, but a trade-in can also count towards your down payment if you dont have a lot of extra cash on hand.
In just a 10 minute phone call, Nicole had answered Roberts questions and set an appointment for him to meet with the Sales Manager at the dealership later that day. She also went through the pre-dealership checklist so he would be prepared.Dealership Experience
When Robert met with the Sales Manager, they sat down and talked about what he was looking for. The first test drive was ok, but not quite what he was looking for. The next car however, a 2013 Chevy Impala, all black with leather interior, was perfect. Within 2 hours of stepping foot on the lot, Robert was the proud new owner of a quality used car, and best of all, it had monthly payments he knew he could afford.
Thats how Auto Credit Express helps people get cars. In less than 24 hours, Robert went from stressing about his lack of transportation to now being able to pick up his daughter from school, drive to work, and make that 2 hour trip home to visit family and friends.No Strings on the Fast Track
He didnt pay us anything and we didnt make any money off of the car sale. Were here to help connect car buyers to car sellers, and we do it hundreds, sometimes thousands of times every day. Fill out our simple online application to get on the fast track to your next car with Auto Credit Express.