Is Cosigner your Financial Soul-Mate?

by

Williams OrchardDo you dream of a big car? Is your credit score low? If so, do not let the lender ruin your chances of getting easy auto loan approval. You should try reaching out to a friend with a good credit score and ask him to cosign your auto loan. Applying with a cosigner will help you qualify for the loan easily.

Who is a Cosigner?

A cosigner is a credit worthy person who agrees to share your loan obligation. If you are a first-time car buyer or a college student, with zero credit score, getting the help of a cosigner makes a lot of sense. It is because he will lend a helping hand to you as well as help you to build a good credit score.

A cosigner increases the chances of getting easy auto loan approval. His credit score adds weight to your auto loan application. Basically, a cosigner guarantees the lender that you will make regular payments. If you are unable to do so, the cosigner has to assume the responsibility of the payments.

What are the Requirements for becoming a Cosigner?

1. Willingness to cosign the auto loan

The cosigner must be willing to make the payments, if you miss them. It is because he is equally responsible for them. Remember that the agreement should be in writing, as the lenders do not accept verbal agreement from the cosigner.

2. Proof of cosigner’s ability to pay

A cosigner must prove that he earns a sufficient income to cover the amount of the auto loan. He must have a stable employment status. If he fails to prove his financial capability, the lender may reject the auto loan application.

3. Cosigner’s employment and residence

Stability in employment and residence of the cosigner is prerequisite for easy auto loan approval. The lenders are in favor of those cosigners who have lived at one address and have worked in their present job for a long period of time.

What are the Advantages of having a Cosigner?

1. Low interest rates

A cosigner not only gives you an opportunity to have a reliable transportation option but also saves you from high rate of interest.

2. Credit Score

A cosigner will allow you to obtain easy auto loan approval and help you build your credit score. In order to build your credit score, you must make regular payments to the lender.

3. Experience matters

A cosigner should be a person with a good credit score. He can also provide you with valuable financial advice. So you will not only receive better interest rates but also a sound financial advice from your cosigner.

What Happens If You Miss The Payments?

1. If you miss the payments, do not think that the lender cannot sue the cosigner. As the cosigner is responsible for the auto loan, the lender will not shy away from suing him.

2.When someone agrees to be your cosigner, he puts his credit score at risk. And, if you fail to make the payments, it hurts his credit score as well.

When a cosigner agrees to sign the auto loan application, he accepts the equal responsibility to make regular payments. So don’t risk the cosigner’s credit score by avoiding the payments. Remember that when you make regular payments to the lender, it allows you to drive your dream car and also wins your cosigner’s trust.

If you are a young car buyer with zero credit history, finding a cosigner becomes necessary. But, do not worry if you do not know someone with a good credit score. Rapid Car Loans will help you obtain

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byphineasgray

If your business is growing, it’s certainly a cause to celebrate. But have your business’ services grown with you as well? There are many reasons why you should consider working with a bigger law firm. Let’s talk about some of the opportunities that are available to you when you choose law firm in Wichita, KS that has more than just a few attorneys working for it.

They Have the Ability to Specialize

This is one of the top reasons to work with a law firm that is bigger is that not only do they have lawyers, but they also have lawyers who specialize in specific areas of the law. This can come to be extremely helpful to your business over the years as it grows. Even if you do not need an intellectual property lawyer right at this moment, perhaps you could three years from now. The lawyer who specializes is also going to have a deeper understanding of the topic at hand than a generalist, which should give you more confidence if they are handling a case or a legal issue for you.

Some companies and entrepreneurs admittedly do shy away from larger firms because they may be more expensive than the one lawyer firm usually is. Keep in mind that the bigger one is also more often well-respected and wider known in your community and on the state level. Simply working with them and having them represent you may intimidate the opposing party you are facing to settle or work out a pleasing compromise rather than to go against tough lawyers they know are hard to beat. Put yourself in their shoes: If you get a letter from a law firm and it is one that you recognize as a top player instead of a name you’ve never seen before, which is going to make you sweat?

Feel More Secure about the Business Decisions That You Have to Make

No one likes making a tough decision. But it is easier when you have experts in your corner, advising you each step of the way. If you have a lawyer who specializes in contracts, real estate or employment issues, then you can feel confident that you are making the wisest choice for the circumstance you are facing at this time. Not every law firm is prepared to represent you in this way.

If your business is growing or going through changes, you want to be able to respond and protect your investment. It is critical to take legal action if it is needed. Not every decision involves going to court. Having a law firm that understands your needs like Fleeson Gooing Attorneys at Law can help you manage today and prepare for the future. A larger firm can more often assist clients successfully because they have achieved their goals in business and can pave the way when it comes to legal matters.

By Real Estate Advisor

A list of cities and towns that are the best places to live in U.S. has been put together by http://Relocate-America.com, based on the nominations of its customers. Relocate America offers relocation resources and information to people who are relocating to a new community. The top 100 places to live are compiled annually and are selected based on key data on neighborhood details, its beauty, education, recreational activities and economic growth, crime and housing. With the statistics and feedback provided by people based on their experience in these communities, the editorial team has rated the top 100 best places to live. Of these, the following are the top 10 U.S. towns people want to live.

1. Asheville, North Carolina: Located in the Blue Ridge Mountains at the merging of two rivers, Asheville is an ideal getaway with its vibrant downtown and great outdoor recreational activities. Asheville offers homes that range from the lower 120s to over a million. The average home is priced at $265,000 and Asheville has a population of 68,889.

2. Traverse City, Michigan: With over 180 miles of lovely shoreline and about 150 deep blue lakes, Traverse City is a real paradise. Come winter, and one can enjoy a variety of outdoor sports including sleigh rides, skiing, snowshoeing and snowmobiling. The city is noted for its vineyards and its wines, and has a thriving wine industry. The population is 16,000.

3. Ithaca, New York: Situated on the southern shore of Cayuga Lake, Ithaca is known for its picture-perfect surroundings. It is home to Ithaca College and Cornell University. The town is great for young families with children. There are a good number of schools that are part of the Ithaca City School District. The town has 29,300 residents.

4. Chicago, Illinois: Chicago is not unfamiliar to many. Located on Lake Michigan, the city offers a host of recreation, great education and a great nightlife among others. The city’s unique community spirit, sophisticated urban living and multi-cultural heritage attract several visitors to it every year. The big city has a population that is close to 3 million.

5. Cary, North Carolina. Cary is located in the Triangle area of N.C., which often featured among the country’s best places. A thriving community that enjoys close proximity to major educational institutions, Cary has one of the highest median household incomes. The sense of security here is high with the town ranked 10th among the 369 large cities in the U.S. It is also the safest city in the South. The technology town houses several international business firms and offers great job opportunities. Cary has a population of 94,536.

6. Portland, Maine: A modern city and the backbone of Maine’s economy, Portland is one of the safest cities in the country. The waterfront city offers affordable housing, great business environment, low unemployment rate, outstanding schools and loads of amenities. A friendly city, Portland has a vibrant arts district and offers a wonderful lifestyle. There are approximately 64,000 residents living here.

7. San Francisco, California: One of the top locations in the U.S. and a city that is famous for its wonderful landmarks, San Francisco offers a whole host of attractions, an ideal climate, picturesque beauty and a rich culture. Although the cost of living is higher, it is amply compensated by the wages and salaries which are among the highest in the nation. The city has excellent transportation systems, plentiful jobs, some of the famous educational institutions in the U.S. and a great lifestyle. San Francisco has 739,246 residents approximately.

8. Stevens Point, Wisconsin: Stevens Point is located in the center of the state, along the Wisconsin River in a scenic setting. Miles of cross country ski trails, hiking and biking trails, and golf courses cover the city’s beautiful landscape. The city is family friendly, offers quality education and has two university campuses and several schools. The historic downtown adds charm to this city that is home to about 25,000 people. Homes are affordable and maintenance costs are low.

9. O’Fallon, Missouri: A fast developing community with a population of 67,009, O’Fallon has a small-town feel. The town is well connected and is dubbed ‘the crossroads of the nation’. This town offers beautiful surroundings, affordable housing, and a good education scenario. The city is also home to several sports teams including football, basketball and hockey leagues.

10. Spencer, Iowa: Rounding out the top 10 is Spencer, a beautiful town that is loaded with numerous picturesque lakes, wooded shorelines and rolling farmlands. The city of Spencer is just 20 miles from the Great Lakes region and offers year-round fun. The biking and skiing trails provide abundant recreation opportunities as do the beautiful campgrounds and fishing zones. A thriving economy, a low cost of living, excellent health care and a safe environment, along with affordable homes makes Spencer a sought-after city and a preferred vacation destination. The population of the town is 11,317 approximately.

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San Diego CondosLa Jolla CondosMission Bay Real Estate

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By Gerald Mason

Do not be in too big a hurry to begin the finish work.

Wait until the plaster is thoroughly dry; two or three weeks should elapse from the time the plaster is completed before the finish lumber, flooring, doors, and cabinets are even brought into the house. Otherwise, the moisture from the plastering will swell the wood and damage the surface of the finish lumber. An extra few days’ waiting will result in a much better job of finishing.

An accurate account of the cost of a building should be kept as the work progresses. This is not too difficult if one is careful to keep all bills, vouchers, receipts, check stubs, and all other papers involved in buying the materials, getting the permits, and paying the labor. It is also a good idea to keep an account of the hours you spend in the building work.

Keep a separate account of the time spent in actual labor on the job really building and the work spent in buying, negotiating with contractors, subcontractors, and building officials. It makes an interesting record if a note is made of the exact kind of work done each day, to see how the various kinds of work

consume time. A very young man may wish to hire help for the more skilled types of work and do the more strenuous physical work himself, while a man in his fifties or sixties might prefer to hire the heavy work done and do the skilled and more puttering kinds of work himself.

This will vary with the individual, and the type of help he can get. A person should usually plan on hiring some help in building a house, as it is rare to find a person who can do skillfully all kinds of work necessary to do in a building.

If you would rather build a house than buy one, there are several ways to go about it. You can get an architect to plan the house and get a contractor to build it; this should result in just the “perfect” house for you, but can be expensive unless you are more than careful.

Hire the plans drawn and be your own contractor, letting the work out to sub-contractors, as concrete men, carpenters, electricians, plasterers, etc. Do this only if you have had considerable business experience and have plenty of time to devote to it, as the supervision of these workmen is what you pay the general contractor to do.

You might get plans out of a magazine and proceed as suggested above; or get some experienced person to help you with the plans and build part of the house yourself, hiring professional help only where necessary.

Of you could buy a lot, draw your own plans, and do the whole job yourself, with the help of your family, hiring specialized skills only where absolutely necessary. This is the most work, but can’ also be the most fun and the least expensive. Much depends on your experience, your skill, and the time you can afford to devote to the work.

If you decide to hire a general contractor to build for you, select him with care. There are several criteria by which to judge a contractor’s ability and competence.

Ask to see several houses that he has built; let him show you the houses, which he should be proud to do, and look them over carefully.

If you do decide to purchase a house always use a mortgage calculator to help you get the best mortgage.

About the Author: How To Save On Your Mortgage:

Save Money With Mortgage Calculators

http://www.greatpublications.com/mortgagecalc.htm

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