Updated on December 1, 2017 by admin
Imagining a world without a car seems quite impossible. A car has become a necessity that is integral to our lives. Sorrowfully, many car buyers find themselves in a state of mayhem due to the compulsion of making a down payment. A down payment makes it difficult for car buyers to arrange a big amount of money in a short time-frame. To add to that, there is a possibility that a bad credit score or an average credit score can diminish the chances of obtaining an auto loan. However, there is always a way out. A bad credit no money down auto loan is the best option for you. But, before you avail the loan, make sure that you leave no stone unturned to educate yourself on all the important details.
The following tips will assist you in getting the most of your bad credit no money down auto loan:
1) Trade-In Your Old Car
Many a times, trading your old car can act as a replacement for a down payment. Once you have agreed to trade-in your old car, the amount equivalent to your car will be deducted from the total loan amount. It substantially reduces your burden of the monthly payment amount. Thus, by trading your old car, you can maximize the benefits of your bad credit no money down auto loan.
2) Get a Co-Signer
When you suffer from a damaged credit and cannot spare the amount for a down payment, getting a co-signer greatly helps your situation. If you are unable to make payments, a co-signer is equally liable to repay the loan amount. A lender will be more likely to grant you a loan if you have a co-signer with a rich credit history. Therefore, in order to make the most of your bad credit no money down auto loan, make it a point to get a co-signer.
3) Aim for Reasonably-Priced Cars
It is much easier to obtain a bad credit no money down auto loan if the loan amount is reasonable. If you aim for cars which are way out of your league, it can become difficult to get a loan. Additionally, opt for a loan with a shorter term. A realistic amount which can be repaid in a short time-frame can reduce the overall interest on your loan.
4) Present Evidence of a Stable Income
Regardless of a bad credit history, evidence of a stable income can boost your chances of getting a loan. Stability in the form of a regular job, a regular income source and a stable residential address can increase your credibility. Present pay-stubs that prove you can repay the loan within the stipulated time-frame.
For a car buyer with a bad credit score, getting financing options without a down payment is possible. Keep the above tips in mind to get the most of your bad credit no money down auto loan.…
Updated on November 10, 2017 by admin
Paid surveys, though not really a big cash earning system, are one easy way of bringing in a little extra pocket money which is just why it has become very popular through the years. Paid surveys can compensate you in many ways, although the most preferred compensation is still cash.
However, there are some factors that you have to consider when you participate for cash compensating surveys such as taxes, the currency exchange fees, etc. These factors may bring you unwanted results and you must think twice before you decide to participate in cash paying site. The following factors will help you decide if you still want to be paid in cash:
1. Deducting taxes from earnings
Yes, even in online paid surveys, there are taxes included in most surveys. Before you join, read their terms and conditions on what they say about tax, whether you are obliged to join or not. Taxes would be based on what you earned to and from a specific time period.
2. Money currency exchange fees
If you are a non-US resident or if your provider is from another foreign country, you have to be aware of the exchange rate in your local currency. The exchange rate variates from time to time so you have to be aware of it. For this, you can simply use electronic remittances such as PayPal which are always up to date with the exchange rates.
3. Delayed money transfer
Transferring money to your account takes a long time especially the transfer of funds from PayPal to your bank account. There is also the matter of how far you are when the payment is in the form of checks because it is sent via "snail mail."
4. Other payments
Lastly, bear in mind that money transfers do not come in free especially for those who are from foreign countries. PayPal requests for a fee when you transfer it to your bank, then some banks also require a transaction fee when you withdraw it. The downside to this is that if your engagement is small then very little money will be left because of the transaction fees.
These are some of the factors that will affect your cash compensation but by keeping all these in mind, you would then be able to decide if earmarking your compensation in cash is right for you. …
Updated on November 10, 2017 by admin
Care must be taken in the designing and drafting of the joint venture agreement to clarify exactly who owns what
While joint ventures can propel growth, selection of the right partner matters a lot for the success of the venture. One needs to conduct rigorous research work to find the right partner and do proper due diligence. One can save time and money by partnering with an existing supplier, customer, investor or with someone you have met socially. In social media, too, look for companies which follow you, add you as a friend or visit the same pages as you as they can form an ideal partnership. Great care should be taken in the designing and drafting of the JV agreement to clarify exactly who owns what and when.
The process of finding JV partners is a tedious one. Much before you approach a prospective JV partner, due diligence is crucial. Most companies publish key financial data on their site and are available with the Registrar of Companies. On must download the latest set of accounts and analyze it. One can also look at the news to get the latest stories about your potential JV partner. If they’ve got any skeletons in their cupboard, you should be able to find out here.
Always make an enticing offer with your prospective partner and spell out the nitty gritties of the deal like finance, customers, intellectual property rights, legal issues with your target partner. When you come to draft the proposal, make sure you clearly state your aims and objectives. If the prospective JV partner accepts your offer, one must draw up an agreement which must include details, including the legal status of the JV, key aims and objectives, each party’s stake and investment, the structure and make-up of the management team, and plans for a future exit, if needed. Also, it is crucial to include details of any non-disclosure agreements.
The main reasons you may want to form a JV is that you want the backing of a high-profile partner who has resources available to him. This may be a large mailing list that can get massive exposure for your products very quickly or the proposed partner runs a forum and can advertise your product using a banner. Get started by making a list of everyone in your network who may be a potential JV partner, or who can introduce you to people that are potentially good partners. Brainstorm other people, companies, and websites that are reaching your ideal clients and complement what you offer.
As all businesses have strengths and weaknesses, it makes sense to look for a joint venture to fill in the weak spots. For instance, if your strengths are a strong customer list, good distribution channels, and specialized product line, then your JV partner must have products or services that would enable you to stimulate additional revenues from existing customers.
Always look for non-competing companies where both the parties can benefit from the exchange of leads or …