white tesla on grass

Why credit matters when applying for a car loan

There’s nothing more thrilling than the feeling of shopping for a new car, finding the perfect vehicle to match your needs, desires and hopes, and hitting the gas pedal for the first time. However, as you begin your quest to find a new or used car, there’s a strong likelihood that you’ll also be applying for an auto loan, like the majority of people. You may be thinking to yourself, “Yeah, so what?” Well, whether or not you’re eligible for an auto loan and what type of interest rate you’ll be quoted are contingent upon your credit score.

According to …

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happy old couple

Essentials facts about reverse mortgages

If you are a senior citizen aged 62 and above, own a home and it is your primary residence, you can have access to a reverse mortgage loan. This form of loan enables homeowners to borrow money based on the value of their homes. The impressive feature of this type of loan is that the borrower is not restricted to pay back the debt immediately. Instead, the payment is deferred until they pass away or move to another home. In that case, the payment of the mortgage is taken from the sale of that home.

Please note that the government …

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rusty old junk car

Ways to make money out of junk cars

You probably have a junk car sitting idle in your backyard, lawn, garage, parking lot or any other place in your compound rusting away. Interestingly, that junk car contains valuable resources which can be reused or recycled. Never make a mistake to assume that because your car is no longer roadworthy, it’s worthless. All is not lost, it can still make you some money. You can still sell your car whether it’s broken down, rusted out, if its repair is worth more than the car itself, dilapidated or old.

However, the sooner you make up your mind to get rid …

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