Buying a Car with Bad Credit: A Step-By-Step Guide

If you are a person who has a bad credit, leasing or purchasing a car will be some sort of challengeable. Anyway, if you follow some steps to make an improvement of your credit to show that you are further responsible now than before, definitely you’ll get a better chance to purchase a car.

Here I briefly bring you some simple steps which you should follow and through following these steps, you can improve your credit and so you can purchase or lease a car.

1. Manage Your Revenue
First decide how much amount of money that you can pay for monthly as the car rental. Then start to place aside that amount of money monthly. You can use a portion of this money for the purpose of improving your credit balance, while another portion use to the down payment which may occur on purchase of the vehicle. Also pay the full bill amounts of all the other bills on time.

2. Operate Credit Accounts
As the second step, open a store card account and a credit card account if you don’t have one already. Don’t care a lot about the interest rates as you are not going to hold a balance in these accounts. If you already have some charge cards, just pay extra money to make their balances lower. If you obtain new cards, just charge per month from $50 to $100 on each card and pay back the balance as soon as you receive the bill through an email.

3. Save Money
Try your best to save money as much as you can and open a savings account, save the rest of the excess money which you would usually allocate for the payment of the car rental in the account. You have to follow these strategies at least for 6 months to 1 year.

4. Find a Better Car Dealership
After a specific period of time (6 to 12 months), find a trustworthy car dealership company or an individual that deals with the people who have bad credit. You can ask your family and friends for more details or references. Most probably they may know a car dealership merchant who takes much effort to offer the excellent deals for his customers.

5. Accept a Higher Interest Rate
Another important factor which any bad debtor has to expect is to pay a little bit of a higher interest rate than the loans or leases received by the persons with good credit. If your down payment is readily available when you step into the car dealership it may be a great help in the process of negotiation and remember don’t allow them to compel you into a higher monthly payment or a down payment which you cannot afford. If not, you may compel yourself into more and more monetary difficulties even more than before.

6. Prove Your Payback Capability
If you can prove the dealership on your credit statement or credit report with the new accounts which you have been operating since last few months. Credit report is the document which less or more tells the financial institutions all the accurate details regarding your loans, credit cards and any bills you have settled or not at all. So you can bring out that you are able to pay all your bills now and also have a down payment for the purchase of the vehicle.

7. Choose an Affordable Car and Make Payments on Time
Purchase a car that matches your budget. You will have to pay for something else that isn’t fairly what you needed. Complete all your payments on or before the due date in order to not to lose your car or damage your credit any more. However, it is better to keep in mind that by purchasing or leasing this vehicle, you will be able to build up your recognition so that on next time you will purchase the car what you really wanted to purchase.

I hope the guide help you buy a used car with bad credit. If you have any questions or concerns, please leave them on comment below.

5 Effective Ways to Reduce Stress on Body and Mind

If you telecommute, or work remotely like I do for a digital-based company, you’re probably fighting distractions around your home right now. Working at home effectively takes a certain amount of focus and willpower—otherwise you’d be doing the dishes, the laundry, taking the dog for a walk, and really finding any excuse to do anything, but your actual work!

It’s time to make some changes. If you find that you’re productivity is suffering in the digital workplace, working the same pace with the same outcome every single day in and day out will only get you the same old results. However, pressuring yourself to the point of fatigue by working all the time won’t get you ahead in the business world either—you’ll just end up burnt out and stressed out.

Instead, try making your digital workplace more of a comfortable sanctuary by adding some ergonomic furniture for that sore back of yours. And instate some workplace practices that will improve your overall organization skills and increase your productivity simultaneously. Here are my tips for increasing productivity in the digital workplace:

1. Prioritize your day

Start your work day or your work week by creating a prioritized to-do list. Make the tasks that have the nearest deadlines your top priorities, and put the others further down the list or delegate them to other employees (or freelancers) if you can. Make sure to leave some wiggle room for those unexpected things that always come up and demand your immediate attention.

2. Don’t get distracted by email

Email can be a productivity drain, especially when you have a new one in your inbox every five seconds. Instead, check your email in the morning, at lunch, and before you leave for the day—otherwise log out and concentrate on the tasks at hand. Because you know as soon as you check that email mid-day, you’ll be too distracted and waste precious work time on email stress.

3. Reevaluate your to-do list

This is a wise thing to do about halfway through your work day. As mentioned, priorities change and unexpected emergencies come up that demand your attention throughout the workday. So re-examine that to do list about half way through to ensure you’re still on track with your workday goals.

4. Don’t take on any more than you can realistically handle

I know that’s easy to say, but difficult to live by. But think of this way, if you avoid taking on any more projects then you can realistically handle during your work day—no one is disappointed. Instead, be realistic with your clients about your availability, and only take on jobs where you can complete them to the promised due date without adding extra stress to your day.

5. Keep an organized, comfortable workspace

Working at home often means you’re delegated to working in a spare bedroom filled with your kids play toys, or worse, the kitchen table. Your work space should be your sanctuary. Make it comfortable, organized, and ergonomic (so you don’t suffer an injury), Keep your work surface clean and organized with storage and filing cabinets. And invest in good lighting, a glare-free computer screen, and a comfortable ergonomic desk and chair so you’re back doesn’t suffer.

Advertising via Social Media Can Easily Backfire

Relevation Research, a custom-marketing research firm, surveyed US online consumers and found out that 52% them, over the age of 16, have liked, followed or subscribed to feeds of a company/brand on social media networks. But later on, close to a third of those followers took a U-turn and dumped the companies/brands they were following and distanced themselves from the brand on social media.

Afterwards, many ex-followers reported that they view the brand more negatively, shop/visit it less often and wind up spending less. The survey found out that males are quicker to make the break than females and to regard the brand more negatively after the break.

Relevation Research surveyed 1,500 nationally representative online US consumers to find the single biggest reason for the break up is the brand coming on too strong. That is, the brand pushed too hard and got clingy with excessive posts, tweets or other communications. Failure to deliver on a promise of deals and failure to engage or offer value via communications are other leading brand break-up catalysts.

Consumers also cite the old “it wasn’t you, it was me” as a reason for dumping the brand — meaning consumers lost interest in the topic, were never interested and only signed up at a friend’s request, or pruned their circle.

“At present, marketers are too cavalier, and even abusive, with their approach to social media relationships because it’s a powerful tool which can pay off but only if used thoughtfully,” Nan Martin, Managing Director at Relevation Research, said. “It’s that very thin line between courting and annoying. Right now some brands are effectively drawing people in, but then undermining their equity by what happens next with their social media activity.”