As your credit rating will go a long way to determining not only if you get a loan but also how much the rate of interest will be, you can expect to pay a higher rate if your credit rating is poor. However a specialist website will be able to find you the cheapest rate for your particular circumstances. Because they specialise in loans and in particular bad credit car loans they will search with some of the top lenders in the UK so that you can be sure you have quotes which are the cheapest on the market.

They can also match your circumstances with the criteria of a specific lender, meaning you are less likely to be refused credit.

Before you go for any loan you should make a credit check yourself using one of the major credit reference agencies such as Exeperian or Equifax. By doing so you will be able to see exactly where you stand and what your credit rating is before asking for a loan.

If you want to keep the cost of the loan down then you can pay a larger deposit on the car and this of course will reduce the amount of interest that accumulates on the borrowing. You will have to compromise between keeping the monthly repayments down to something you can afford throughout the loan and you should be aware that your circumstances might change in the future and budget for this, while taking bad credit car loans over a longer period of time you can keep the monthly repayments down remember that the longer you take the loan over the more interest you will have to pay.

Once you have decided how much you need to borrow and how long you want to take the loan over then a specialist website will scour the top UK lenders to find the cheapest quotes and best deals, with the hard work done it is now your turn to go through the quotes to determine which is best for your circumstances. It is essential that you do take the time to read through the small print and key facts of any loan you are considering taking out as this is where you find the total amount repayable on the loan, how much interest you will pay and also any additional fees that can be added onto the total cost.

Bad credit car loans might be your only option if your credit rating is low but you can still get good deals, they are out there to be found if you know where to look and a specialist website will know exactly where to look and will dig them out for you in the shortest time possible along with everything you need to get the perfect loan.

Congress voted themselves raises again. they want to make money, they just don’t want the working mank to make any. they throw the working man a few crumbs every now and again. Not only that, they want to take away benifits, medical benifits. Why congress has the best health program there is and on the tax payers dime, from the time they take office. Why shouldn’t the woring people of this nation have the same right to medical insurance. These elected officals work for you. you should at least have the same if not better then the elected officials working and being paid by your tax money.

congress never asked the bankers hard questions like they did the automobile ceo’s. they gave the bankers a blank check for their bail out. the auto mfg. got a loan, and not $700billion, only $14 billion. auto mfg didn’t get a blank check. they jumped through hoops for their crumbs. the wall street bankers never had to make a conssession of any kind, they haven’t even turned loose of any oth the money that is supose to help the economy. then they still are paying out bonus and extras to people in thier org. so they don’t loose good people. Where do they think thes so called good people will go ? To another bankrupt bank?

something else to remember about the automobile business. when congress wanted them to file bankrupsy. then compared auto’s to the airlines. listen people, the air lines provide a service. the auto industry makes cars to sell. the second most expensive thing a person buy next to a home. no one will buy a car from a bankrupt company. would you buy siding for your house or carpet in you home from a bankrupt company?? i don’t think so. no one would buy a new car from a bankrupt company either. it is dumb even to suggest it. i hope they succeed and show the country once and for all the uaw is american all the way and its workers are the best money can buy.

General Motors announced a new plann that can actually save GM, Homeowners AND retailers. See the story at: http://watchingmarcitz.wordpress.com/2008/12/21/homeowners-auto-industry-retailers-saved-by-new-plan/

I have an idea that i think will solve the auto industry, starting the process removing the reliance on foreign oil, and help with the environment.

idea: create a trade in system for autos – with the government being the broker/financer of the trade in system.

people who have a car over 10 years old can trade in their car for a ‘green’ car (has to get over 30mpg) for $500/month.

the $500/month will include insurance on the car, ALL maintenance (tires, oil change, etc), gas, etc.
the monthly cost of the new car will be most likely be LOWER than the maintenance/gas of their existing old car.

why 10 years old or older?
1. carbon imprint on environment is large
2. those consumers most likely can’t afford or can’t get approved

the car is not owned by the consumer – autos become a utility – a
’subscription’ (using software lingo) — where there will always be a reacurring revenue stream (and predictable) for the auto manufacturs.
people won’t hold on to older cars longer, they will continue to pay their
‘car utility’

if auto makers are responsible for the maintenance of the cars, they
will start making more reliable cars which are cheaper to fix. And if they are responsible to the gas, they will make sure that their cars get great gas mileage.

AND, it can create jobs NOW – cars on the assembly line or cars on lots that have a sub 30mpg ranking, will have to be modified to qualify.
this will provide immediate work for the assembly line, until the existing supply lowers.

this idea solves many problems:
american consumers reliance on gas
how to increase sales of US autos
financing of new car sales
job creation
with the auto industry in a mess,one thing that has not been discussed is:
what to do with the inventory !!
what is going to be done with the existing inventory?
to keep the union jobs, they have to continue to MAKE cars but with
this recession, people aren’t buying cars (supply and demand)!
there isn’t a DEMAND for cars right now, so they have to STOP making them.

there is also a huge problem with consumer financing. with people out of
work and the economy in question, people can’tafford cars, or can’t get financing.

environment/oil dependence – most of the cars still get under 30 miles to
the gallon. most consumers (if were to buy a car) would want a 30mpg+ car.

relationship with auto dealers/makers – for years, trade in values were low
(and still are), and people know that when they trade their car in, they
won’t get what they believe is ‘fair market value’ – and with demand low –
especially for older cars with low gas mileage, consumers will get little/no
return on their existing car – therefore, financing become even more of a
problem.

please let me know if you have any questions.. i would love to have this idea floated to the ‘big 3′. i thought of this idea all on my own.. thoughts?

jim keeter
jim_keeter@yahoo.com
425 503 8523