How To Tell If Your Car Loan is Predatory

How To Tell If Your Car Loan is Predatory How To Tell If Your Car Loan is Predatory How To Tell If Your Car Loan is PredatoryFor people who absolutely need a car, falling into the clutches of a predatory auto lender could spell true disaster.Depending on where you live, a car may be a necessity, but dang it if the things arent really expensive! Most people can’t just plop down a suitcase full of cash and purchase a car on the spot, even a used car. And that means if you want to get a new car, you’ll probably need a loan.Unfortunately, many predatory lenders know that cars are vital and that people without great credit scores or financial histories won’t necessarily be able to access a proper loan to get the car they need.So how can you tell if the car loan you’re considering is predatory? Buckle in and find out! Double-decker interest rates.If your credit rating is in the high 700s or beyond, you’re in a good position to get a “good” car loan. You can go to an established bank or credit union, apply for a secured installment loan and get your car purch ase funded at an interest rate under 4 percent.You’ll be able to pay that loan back in regular, manageable monthly payments, and those payments will be amortizing, so you’ll be paying off some of the principal and some of the interest with each payment. That means, barring disaster, you shouldn’t get stuck in a debt hole you can’t pay off.If your credit score is not so hot, however, youll have to get the auto loan equivalent of a bad credit loan, and that means going somewhere other than a bank: either a “Buy Here, Pay Here” dealership or from some other kind of sub-prime lender. And that’s where you need to be very careful because here there be many predatory loans!“The simplest definition of predatory lending is financing that imposes high interest rates or overly restrictive loan conditions,” explained RJ Mansfield (@DebtAssassin1), consumers rights advocate and author of Debt Assassin: A Black Ops Guide to Cleaning Up Your Credit. “For instance, uncommonly sh ort repayment terms and interest rates over 10 percent on an auto loan.”Read that contract very, very carefully.Predatory lenders thrive on confusing contracts. And let’s face it, “confusing contracts” is a pretty redundant pair of words. Do you actually know what you’re agreeing to when you sign into iTunes? We don’t either.But if you’re getting a car loan, it’s very important that you read that contract very carefully. Maybe even consider bringing in a friend who has some knowledge on loan contracts, if you have one.“I advise consumers to take the time to read and understand their obligations under any contract,” Mansfield told us. “If they dont understand something, ask. If they dont get an answer they can live with, walk away.”What sort of traps might be in that contract? Many predatory lenders will tack on as many “junk fees” as possible. You should be suspicious if you see things like “rust proofing” and “vehicle service contracts.” As Mansf ield said, don’t be afraid to ask about anything and everything. If they’re trying to rush you into a deal, that’s a bad sign.Beware of giant down payments.Most car purchases require some kind of down payment. This is money you’re expected to pay upfront before receiving the car. If you have good credit and can get a proper car loan, you should probably expect to pay around 10 to 20% of the car’s total price as a down payment.Of course, you could pay more if you’re able to and want to, and then you won’t have to pay as much interest in the long run.But if you’re only given the option for a much higher down payment, that should be taken as a red flag. Predatory car lenders want to get as much money upfront as they can because their payment terms are so difficult to manage, they know it probably won’t be long before the borrower can’t make their payments and the car is repossessed.A huge down payment allows them to get as much money as they can before seizing the c ar and selling it someone else, starting the process over again.Make the best judgment you can.If you have good credit, a lot of money saved up, or a potential co-signer, you’re in a good car buying situation.If you don’t have any of those things and you need a car… well, unless you can win one for cheap at a police auction, you’re going to have to figure out what negative loan aspects you can manage within your budget.You should try to avoid as many of these predatory aspects as you can, but you’ll probably have to make some concessions.“If you have a credit score of under 660 you are either going to be declined, asked to make a substantially higher down-payment than normal or approved at an extremely high interest rate,” acknowledged RJ.“If you must have a car is that predatory or helpful? The most important factor in an borrowing is, ‘Can I afford the monthly payment?’”We’ve given you the warning signs to look out for, but at the end of the day, you have t o take stock of your needs and make a decision. We get that owning a car might be a complete and total necessity. Hopefully, this advice will help you shop around to find best (or maybe just the least bad) car loan you can.If you have bad credit, youll need to watch out for more than predatory car loans. Short-term no credit check loans like payday loans, title loans, and cash advances could also put your finances in danger.  To learn more about borrowing money when you have bad credit, check out these related posts from OppLoans:5 Alarming Payday Loan StatisticsThe Benefits (and Drawbacks) to No Credit Check Installment Loans5 States Where People Need to Watch Out for Predatory Title Loans“Uh-Oh, I Need Money Now!” 4 Fast Cash Options for People With Bad CreditWhat other questions do you have about predatory lending? We want to hear from you! You can find us  on  Facebook  and  Twitter.Visit OppLoans on  YouTube  |  Facebook  |  Twitter  |  LinkedINContributorsRJ Mansfield (@De btAssassin1) is a consumers rights advocate and author of  Debt Assassin: A Black Ops Guide to Cleaning Up Your Credit

Judicial Choices Essay - 951 Words

Judicial Choices nbsp;nbsp;nbsp;nbsp;nbsp;Supreme Court conformations, much like everything else in politics and life, changed over the years. Conformations grew from insignificant and routine appointments to vital and painstakingly prolonged trials, because of the changes in the political parties and institutions. The parties found the Supreme Court to be a tool for increasing their power, which caused an increased interest in conformations. The change in the Senate to less hierarchical institution played part to the strategy of nomination for the president. The court played the role of power for the parties, through its liberal or conservative decisions. In Judicial Choices, Mark Silverstein explains the changes in the†¦show more content†¦Nixon nominated conservative judges to the court like Burger who was easily accepted to the court. His second and third nominations were fought and rejected by Congress partly because of their strong conservative views. By the time of the Reagan-Bush era, nominees needed to have some quality to counteract the fact that they were conservative to receive a conformation for the liberal Congress. Ronald Reagan nominated Sandra Day OConnor, a woman, and George Bush nominated Clarence Thomas, a black man, to ease liberal apposition. No longer does the president think who is the best person to be on the court when determining a nomination. It is a combination of political strategies to gain a partisan member to the court and to deter opposition. nbsp;nbsp;nbsp;nbsp;nbsp;The Senate became less hierarchical making Supreme Court conformations unpredictable and difficult. The Senate of the pre-1960s had a strict set of unwritten rules and pathways to power. The Senate conformed to a single mold where everyone spoke well of the other senators, no one brought attention to him or herself at a national level, everyone specialized in one field, and new senators were like children, who would not speak or be heard. In 1948, Hubert Humphrey did not maintain these standards when he was elected into the Senate and he was shunned by most senators. By the 1960s, the Senate began to transform into an open forum of debate between all senators.Show MoreRelatedInternal and External Constraints on Free Will Essay593 Words   |  3 Pagesthat one has no control over, thus the fact that people feel as if they are deliberating may often be an illusion. Evolutionary traits, such as the need to procreate and find food, are instinctual attributes that subconsciously motivate us to make choices. This can be seen in the case of a starving man stealing food from another in which to survive. He is faced with the options of starvation or the will to live, and intuitively chooses the continuation of his own mortality over death. The fact thatRead More The case against Judicial Review Essay892 Words   |  4 PagesThe Case Against Judicial Review In order to make a case against judicial review it is first important to understand the origins. Born in 1803 out of the landmark United States Supreme Court decision of Marbury V. Madison, judicial review gives the court the power to invalidate any law repugnant (or in conflict with) to the constitution. Judicial review has for the courts, become a self made license to strike down legitimately made legislation by democratically elected representativesRead MoreJudicial Review : The United States813 Words   |  4 PagesThe judicial review is the convention concealed by the executive and legislative activities which are liable for the judiciary to look over. Particular courts that have judicial review authority must repeal the demonstrations of the state. This happens when it discovers them inconsistent with a higher power. Judicial review is a case of the detachment of forces in a present day administrative framework. This rule is translated diversely in distinctive ward s, so the method and extent of judicial reviewRead More Marbury vs Madison Essay examples921 Words   |  4 Pagesinstrument. It established the precedent for the Supreme Court to rule on the constitutionality of laws, through the principle of judicial review. The development of this power to interpret the constitution instituted the flexibility of the constitution and the ability to forge a road of precedent unfamiliar to the new government, as well as firmly grounding the role of the Judicial Branch. To up hold the precedent already established in the united states by Federalists such as Washington and in fearRead MoreJudicial Review : The United States1242 Words   |  5 Pagesthe case that they play a very big part in the public’s policy making. 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This is outlined within the ConstitutionRead More1)Name The Ways That The U.S. Judiciary Is Restricted In1266 Words   |  6 Pagesdecision the only way to â€Å"over rule† the decision is to amend the constitution. 2) Describe the ways that the American judiciary is not a majoritarian institution, including roadblocks the public has to overcome to have a major influence on a pressing judicial issue. Are you comfortable with the judiciary s elitist position in America s political system? A main reason the judiciary is not a majoritarian institution is in the way judges assume power, that is, instead of being elected by the majorityRead MoreFederal Insecticides, Fungicides, And Rodenticide Act Essay765 Words   |  4 PagesSection 3(c)(1)(D)(ii) of FIFRA that EPA should make administrative decisions about how much money these manufacturers would get for damages from loss of their trade secrets. Union Carbide sued because they felt that the decisions should be made by the judicial court, not an administrative agency. The U.S. District Court for the Southern District of New York held that the claims challenging the arbitration provisions were ripe for decision and that those provisions violated Article III. Standing was approvedRead MoreJudicial Review : An Intrinsic Necessity1312 Words   |  6 PagesSubmissions to the High Court Regarding Judicial review is an intrinsic necessity to the Australian Government and is a critical aspect in enforcing accountability of both the legislative and executive branches. Essentially, the actions of constituent legislative and executive branches are subject to review, regardless of these governmental counterparts holding authority exceeding that of the judiciary. In fact, a number of provisions for judicial review are upheld by the Australian ConstitutionRead MoreJudicial Review and Judicial Supremacy: a Paradigm of Constitutionalism in Nigeria.15519 Words   |  63 PagesJUDICIAL REVIEW AND JUDICIAL SUPREMACY: A PARADIGM OF CONSTITUTIONALISM IN NIGERIA. By A.T.Shehu, PhD( ABSTRACT This paper examines judicial review and judicial power in Nigeria under the 1999 Constitution in relation to the constitution itself and in relation to the political branches of government. This is essentially to locate where lays supremacy between the branches and the judiciary particularly the Supreme Court with its final appellate jurisdiction. Judicial review and supremacy of the

What Role Did Civil Wars Play On The Deterioration And...

The investigation and the goal of this research project is to answer the question; what role did civil wars play in the deterioration and eventual death of the Roman Republic? It is relevant because it shows the transition of government. The issues that are going to be addressed highlight the political unrest in the Roman Republic and the corruption of different leaders that were one in many reasons why the Republic became an Empire. This research will focus on the time period of 100 to 25 BC and the places investigated will include Rome and the areas they conquered. This will be studied and accomplished through an examination of Julius Cesar’s reign and the civil wars that took place in this time period mentioned in The Roman Republic by†¦show more content†¦The limitations, this book was published in 1966. New studies have found more research on these early time periods which affects the accuracy and validity of this current generation while reading and extracting i nformation from the book. Other limitations included vague amounts of research on certain battles that Julius Caesar led, in surrounding areas of the Republic. This lack of information makes it difficult for the reader to gain good understanding of Julius Caesar’s whereabouts before his conflict with political leaders in Rome. The second secondary source, reveals the personal life, conquests, fails, and facts of Julius Caesar, the eventual dictator of the Roman Republic. The origin of this text is San Diego, California, by Don Nardo in 1999. The purpose of this text is to educate the reader and the audience about Julius Caesar, the ruthless and cunning leader that shaped the Roman Republic forever. The value of the source is that reveals many unknown pieces of information about Julius Caesar and really highlights his influence on the transition of government. Without Julius Caesar, there may have never been such internal conflict in the republic. The Senate wouldn’t have fled to the rest of Italy, politicians like Pompey never would have been defeated, and there would have been time before a leader declared themselves as a dictator. The book is very useful because it presents unbiased and clear information about Julius

Ecology by Charles Hall Article Example

Essays on Ecology by Charles Hall Article The paper "Ecology by Charles Hall" is an excellent example of an article on environmental studies. The article ‘Ecology’ was published by Charles Hall on 3rd August. According to the article, ecology can be defined as the study of environmental systems. This study is also known as the economy of nature. Ecology is broadly divided into four classes consisting of ecosystems, physiological, community, and population ecology (Hall, 2010). Research asserts that ecology is also considered as part of the geographic environment, which is under research. According to the article, physiological ecology deals with the response of species to different environmental conditions including light and temperature among others. Population ecology deals with the general distribution of phenomena in a region. In addition, community ecology deals with the number of species, their interactions, and distribution in a specified location. Lastly, ecosystem ecology focuses on the structure and functioning of living things in the environment (Hall, 2010). Scholars may also include evolutionary ecology in the discipline. This asserts that ecology involves the natural aspects of the world. Recent research shows that the discipline of ecology has extended to include agricultural activities, industrial parks, and cities. This article also provides some of the most basic reasons why most individuals study ecology. In fact, ecologists are advised to undertake courses related to sociology, economics, human geography and agronomy among other disciplines in ord er to get more information. This is because most of the recent ecology courses are usually taught under the department of biology. Some of these disciplines include animal ecology, plant ecology and microbial ecology (Hall, 2010).

Yahoo Case free essay sample

We are committed to winning with integrity. We know leadership is hard won and should never be taken for granted. We aspire to flawless execution and dont take shortcuts on quality. We seek the best talent and promote its development. We are flexible and learn from our mistakes. (2, 5, 6, 9) Innovation: We thrive on creativity and ingenuity. We seek the innovations and ideas that can change the world. We anticipate market trends and move quickly to embrace them. We are not afraid to take informed, responsible risk. (4) Customer Fixation: We respect our customers above all else and never forget that they come to us by choice. We share a personal responsibility to maintain our customers loyalty and trust. We listen and respond to our customers and seek to exceed their expectations. (1, 3) Teamwork: We treat one another with respect and communicate openly. We foster collaboration while maintaining individual accountability. We encourage the best ideas to surface from anywhere within the organization. We will write a custom essay sample on Yahoo Case or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page We appreciate the value of multiple perspectives and diverse expertise. (8) Community: We share an infectious sense of mission to make an impact on society and empower consumers in ways never before possible. Other than offering advertising and online properties, the company offers Internet access through third-party entities 4. Other than advertising fees, Yahoo generates additional revenue by charging fees for a range of premium services 5. With additional lay-offs, the company anticipating to have a better profitability for the next few years 6. Within Internet base service, Yahoo! has several revenue generated segments such as Search, Display Related, Classified, Referrals / Lead Generation and Email. 7. Company’s quick ratio is 2. 54, above industry average Weaknesses 1. The net income decreased by 35. percent to $424 million. 2. Overall advertising revenue dropped by 13 percent in the 2nd quarter of 2009 compare to the prior year 3. Yahoo! closed several of its video properties and is planning to close twenty video services including its social network site Yahoo! 360 and its Web hosting service GeoCities 4. Company’s capital lease and other long-term liabilities incre ased by over $48 million 5. Microsoft has tried to acquire Yahoo! twice for the last three years Financial Ratio Analysis (October 2009) Growth Rates %| Yahoo! | Industry| Samp;P 500| Sales (Qtr vs year ago qtr)| -11. 80| 7. 60| -5. 20| Microsoft has tried to acquire Yahoo! twice for the last three years| Opportunities| S-O Strategies| W-O Strategies| 1. 1. 1 billion Internet users around the world as of 2006 and it is still growing 2. Internet advertising revenues in the U. S. remains strong, topping $23 billion in 2008 3. Consumers are spending more of their time online 4. New business strategies such as bundling Internet access with voice and video services are increasing 5. Innovativeness in technology is the driving force in Internet-based businesses 6. Many businesses overseas are finding advertising on Internet less expensive and more responsive 7. Countries such as China and India have stronger economic status and accordingly, the companies are able to spend more advertising dollars via Internet | 1. Implement a vertical or horizontal integration (forward or backward) of a company that has global presence (S2, S6, S7, O1, O2, O3, O4, O5) 2. Increase advertising spending by additional 10% on fee based segments (S7, O4) 3. Cutback prices on advertising and fee based segment by 2% (S7, O1, O2)| 1. Acquire innovative technology / Internet related businesses using a combination of cash and debt Sell off low profit segments and pay down the long term debt (W4, O1)| Threats| S-T Strategies| W-T Strategies| 1. Due to weak economic conditions, Internet related businesses also have suffered 2. In 2009, a number of Internet content and advertising companies reported disappointing financial results and lowered their forward financial outlooks 3. Low entry barrier makes the viability of existing Internet based businesses difficult 4. Changes in legislative requirements concerning technology sharing, patent rights and information security could increase future expenses and lower profitability 5. \

Holocaust A Debate on Bioethics free essay sample

A paper which discusses the legitimacy of using the data collected from medical experiments done in Nazi concentration camps The paper explores the arguments of five scholars Robert L. Berger, Benjamin Freedman, Velvl W. Greene, J. Katz and Robert S. Pozos on whether it is ethical to use data collected from experiments done to prisoners in Nazi concentration camps. The paper examines which of the five scholars presents the most convincing argument while also presenting significant moral dilemmas related to the subject. During the Nazi regime, certain groups of people were targeted, not only for execution, but also for dehumanization. People such as the Jews and the Sinti and Roma were subjected to treatment more brutal than that of animals. In concentration camps such as Dachau and Aushwitz-Birkenau, inmates were forced to play the parts of guinea pigs in horrific experiments. For example, in Dachau, male prisoners became human subjects in experiments that involved a torturous procedure including being submerged in an ice water bath for periods as long as seven hours. We will write a custom essay sample on Holocaust: A Debate on Bioethics or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The scientists running the tests claimed that the results were going to be applied in the cases of German soldiers suffering from hypothermia. Much of the data from these experiments were recovered and later published raising a bioethical debate concerning whether or not it was appropriate to use such information.

5 Simple Steps to Snag Book Endorsements from a Marketing MBA

5 Simple Steps to Snag Book Endorsements from a Marketing MBA 5 Simple Steps to Snag Book Endorsements from a Marketing MBA Growing you book sales isnt easy. In fact, youre probably doing it incorrectly already.This post will show you how to market your book for growth.But if you want to know  all the ins-and-outs of self-publishing a book, including how to write, market, and publish your book within 90 dayswe highly recommend watching your free training first.How to get book endorsementsEndorsements are a very powerful form of social proof and trust-builder for potential readers of your book.Endorsements alone might not make your book a bestseller, but they’ll give you an advantage over other books that don’t have them.I was able to leverage my endorsement by a top influencer to promote my book on social media, on my website, and even on webinars and speaking engagements.You could place endorsements or â€Å"blurbs† on the back cover of your book, the praise sheet, or even the front cover, as you can see from my endorsement example below.But, how do you get top influencers to suppo rt your book? Here are five simple steps to get endorsements for your book.#1 Find the right influencersThe most powerful endorsements are those given by people who are well-known in your field. To select the right influencers, find out who your ideal readers admire. Post the question on targeted social media groups or ask them directly.Also, ask yourself what top influencers you follow and respect. Add their names to the list.Focus on quality over quantity, but if you don’t have enough names, search for bestselling books similar to yours and check out who endorsed them.It’s important that the influencers have a style and values similar to yours. That way, your ideal reader will be likely to be attracted to them and be familiar with their work.How do you figure out the style and values of potential endorsers? Start by visiting the â€Å"About Me† page on their website and pay attention to their branding and message. Then, visit their social media pages and focu s on the style of their posts and the content they share. You’ll get a good idea of whether the person’s values and style might be a good match for you or not.#3 Deliver value firstBecause its much easier to get a yes from someone who has already received value from you, its important that you start planning your request for endorsements in advance.For blurbs by top influencers, you might need to start the outreach process several months ahead of the publication of your book.Regardless of where you are in your journey, there’s always a way for you to bring value to the influencers and start a relationship with them.Something as simple as sending them a handwritten note about how much their message means to you, posting a video review of their book on Amazon, or recommending them on LinkedIn will help you stand out.Here are other examples of powerful ways to stand out: becoming an active member on the influencers’ social media groupsattending one of their conferencesjoining one of their paid programsYou should do this because you truly enjoy their message and not just because youre seeking endorsements. Your true intentions will come through in your communications and behaviors.Avoid going straight to the ask without having taken the time to deliver value first.#4 Prepare to askBefore you reach out to potential endorsers, do everything you can to make it as easy as possible for them to say yes.Prepare well in advance so you can find the best opportunities to ask for the endorsement, and give yourself enough time to get through gatekeepers.For example, if the influencer will be speaking at an event in your town, you could grab a ticket and introduce yourself. However, local events aren’t your only choice. One of my friends was interested in building a relationship with an influencer who would be speaking three thousand miles away.But that didnt stop her. By following the influencer on Instagram, she learned that this person l oved brownies and would be attending the event with her husband. My friend ordered a dozen brownies to be delivered to the event with a customized note that read, â€Å"Best wishes during your presentation. Hope you and your husband enjoy these treats!† That was the start of their friendship.As part of your preparation, write a sample endorsement for each influencer. Blurs usually hover around 50 words (never more than 100). If you know their work well, you will be able to create blurbs that closely match their writing voice. #5 Ask for the endorsementIt might feel nerve-wracking to ask, but never wrong. If youre hesitant, it might be too soon in the relationship, especially when it comes to top influencers. If you ask too soon, they will either ignore you or reject your proposal.Rushing might mean that you’ll have to start the process all over again and find someone else to endorse your book.Never send a mass request to a group of influencers. You’ll waste you r time, and hurt your chances of ever building a relationship with them. Customization is key.Send the influencers a copy of your book along with a well-crafted message asking for the endorsement.Ideally, you’ll send them a physical copy. It doesnt have to be the final version, and it doesnt have to be perfect. It can be a printed PDF.That said, you must ensure that whatever you send to the influencer is professionally packaged. If sending a physical version of your book is not possible, you can send them the PDF or ebook, but you’ll have to ask in a way that stands out. You could achieve this by customizing your message in a unique way, creating a video specifically designed for them, or preceding your email with a handwritten note.Think outside the box! A video card or a note written on a balloon would be clever ways to stand out, too.Be succinct. Remember that time is a high-price commodity for influencers (for everyone!) so you dont want to make it a chore to under stand what youre asking.Start by expressing why you feel theyre the right person to endorse the book and why you respect them so much. Be sure to mention that you’re eager to make your readers aware of their work. Next, specify the length of the blurb youre seeking as well as by when you need it done. Dont make your deadline too far in the future so that its put in the back burner, but dont make it so soon that the influencer will immediately say no. I personally chose 3-4 weeks to collect the blurbs.Be prepared to negotiate an extended due date, and allow for extra time in your planning.When you share the blurb that you wrote, explain that youre just trying to make things easy for them.Express how much you appreciate their time and attention, and close with the promise to follow up in a week or two.Following Up for Book EndorsementsIf you dont hear back from the influencers, its easy to assume theyre not interested in writing the endorsement and be tempted to give up. Howeve r, its important to realize that they might have not received your message yet.Emails go to spam folders. Gatekeepers delete emails and toss out mail. You never know!When you follow up, try a different way to reach the person. If you used email first, follow up with a handwritten note or a message on social media.If you find out the name of the influencers’ gatekeepers, reach out to them directly. Build a relationship with them as well, and you will have a great chance of success.My rule of thumb is to follow up three times. If you dont hear from them, it might be time to move on.As you can see, with a well-written manuscript, proper planning, and a great dose of authenticity, its possible for you to get endorsements from top influencers in your field.The most important step is to take action. Its easy to be sidelined by fear of rejection, but if you think about it, the worst thing that can happen is that they’ll say no. If youre confident in the quality of your book, you have nothing to fear. Take the first step today to gain powerful social proof and make your book a success!