Tips To Staying Safe On The Road New Years Eve

New Years is a time to say goodbye to the past year and welcoming the New Year ahead so enjoy the celebration but be cautious as New Years is notorious for drunk driving and you want to keep you and your loved ones safe. The party could start days before New Years Eve at an office party or happy hour at a pub so it’s imperative that everyone be on high alert at anytime during the holiday season. Being sober does not mean that the other driver is so following these tips could make your New Years a safe one:

1) If you’re hosting a party – Provide a bowl where guests can put their keys before the party begins and ensure that no one leaves your home with their keys while they’re intoxicated. Provide a room where drunk guests can stay the night to sleep it off. Provide taxi chips for your guests and if finances are an issue, assign a designated driver to pick up and drop off guests to their front door.

2) If you’re attending a party – Leave your keys with the host if you drove to the party. Have a family member or friend be designated driver or have someone who is the designated driver and not attending the same party to pick you up on their way home. Research ahead of time companies that will come pick you and your car up and drive you home this way your car is there for you in the morning.

3) If you’re the driver – The best way to keep you and your loved ones safe is to be behind the wheel. Be aware of your surroundings and be aware of all the other drivers on the road by being really alert while driving.

4) If you’re a pedestrian – You’re at an elevated risk as well. If you’re walking, please stay clear of busy streets and stay off them if you can. If you've been drinking, have a buddy walk with you so you can have extra eyes to help watch your surroundings for drunk drivers and so that you’re not getting lost while being intoxicated and alone.

Public transit is also another safe option but be sure to always have a family member or friend with you to keep you safe this New Years Eve. Be safe, keep warm and enjoy your New Years celebrate. Happy New Years to you and your loved ones from Prudent Value Cars.

Car Break Ins During The Holiday Season

Christmas and New Year is a busy time of year. Busy malls, lots of traffic, snowy weather conditions, just a lot of hustle and bustle of people trying to make the holiday come together but it’s also the time of year where car break ins are more common.

Everyone should enjoy the holidays and not experience the violation and frustration of having your car burglarized or stolen. You should become more aware during this time and simply remember the following tips:

Don’t forget to lock your doors. Burglars scout malls looking for easy targets and the opportunity to steal cars and some burglars are so experienced that they can steal your car within a minute.

Don’t leave items in plain site. Leaving your newly purchased items visible only helps the burglar be more efficient in their crime. Don’t forget not to leave any items visible even if you think that it’s not a worthy item because what may seem unworthy to you may be worth something to someone else. Place all your belongings in your trunk.

Try and park in a well lit area where there is more traffic. Of course this proves to be more difficult during the holiday season as the parking lots are completely full and with shoppers and their busy minds, no one is really paying attention to other people’s vehicles but it’s always a safer bet to try.

Close your car windows. This may be less common as the weather is not great for keeping your windows down but it also makes it easier to forget should you roll down your window. You may have needed some air or had a cigarette and wanted to air out the car, just become aware and remember to fully close all windows. Even the smallest crack in your window will give the burglar an advantage over the car next to yours that has their windows rolled up.

These simple steps will help deter the burglar from breaking into your car. Prudent Value Cars wishes you and all your loved ones a Happy Holiday Season!

How To Increase Your Chance Of Getting Approved For Bad Credit Car Loan

Getting a car loan can be challenging especially if you have a bad credit history, but it shouldn't stop you from getting a car loan. Bad credit car loans are obtainable, they are just harder to get than a good credit car loan. Here are ways to increase your chance of getting approved for your car loan:

1) Work on your credit score – Your credit score is the most important factor to determine the amount of interest you will pay. Request your credit report and look for any discrepancies, information that should be updated such as addresses and request for it to be updated this way you have an accurate report when dealing with getting a bad credit car loan. Also, bringing your credit report along with you when getting a car loan will show the lender that you’re well informed and on top of your finances. If possible make the effort to eliminate your smallest, most recent debt and this will show the lender that you’re serious about getting rid of your debt and improving your credit.

2) Save for a down payment – Showing your lender that you have money for a down payment demonstrates that you have good saving habits and the less of a risk you are for them. Also, the bigger your down payment, the less your monthly payments are going to be. When you’re able to manage your monthly payment, the greater your chances of increasing your credit score and improving your financial situation. If you’re choosing payments that you’re not able to maintain and doesn’t fit your budget, you’re setting yourself up for more financial hardship. For a higher chance of getting approved for your bad credit car loan, it’s also wise to purchase your vehicle from a dealership that offers financing to bad credit loans and better yet, choose one that will report your payments to the credit report and help rebuild your credit.

3) Prove a monthly income – Loan companies have to ensure that you have the ability to pay back your loan. To qualify you must have full time employment of at least one year, a computerized paystub, earning at least $15 an hour, a current bank statement and preferable two references. You should educate yourself on the guidelines for the lender you choose so that you are prepared showing again that this is a serious commitment to you.

Following these steps will align you with a lender that is willing to give you a chance to rebuild your credit history. Overcoming financial hardship is no easy task but choosing the right vehicle for your budget and making your payments on time will make you a survivor.

Affordable Vehicle Financing In Toronto After Bankruptcy

Getting vehicle financing when you have good credit is not a difficult task. With good credit you can get car financing from any bank and their only concern will be whether your income supports the payment that comes with your vehicle. Not everyone is in this ideal situation. Buying a car after bankruptcy can prove to be very challenging. The bankrupt status on your record will tell lenders that you’re not a dependable borrower. Many people overcome their bankrupt status and go on to have a strong credit profile.

Buying a Car after Bankruptcy

Many bankruptcy people fear that they can no longer get the financing they need for any type of loan, whether it is a car loan, personal loan or home loan. Today there are lenders that are willing to work with you to get the perfect car loan for you. Having an affordable vehicle is important but it’s extremely important to get the best financing for your situation.

The key is to find a reliable lender who specializes in loans to people with bad credit. These lenders can be found anywhere, through dealers, networking and online, however, you must be extremely careful for scams. Using good judgement is vital in your quest for the most affordable car financing for you.

Auto financing after bankruptcy is not that difficult a process and a lot of bankrupt people get these loans. A car loan after bankruptcy is a great way to help build back your credit history. You simply have to find the lender that is dedicated to help you come out of your financial slump.

So start your journey towards financial recovery.

How To Purchase A Vehicle In Toronto When You Know That You Have Bad Credit?

Knowing that you have bruised your credit is one thing, but facing the idea that it is time for a new vehicle when you have bad credit can be paralyzing. It has become much more challenging for clients with credit difficulties to qualify for affordable vehicle financing at dealerships.

One thing you will need to keep in mind when you start shopping is that the more money you have as a down payment, the higher the likelihood of qualifying for a car loan in Toronto. Lenders like to see this because it shows that you have more of a stake in the vehicle because you have invested in it. Also you will have a lower car payment.

Lower mileage vehicles are more attractive to lenders. The lower the vehicle mileage the more valuable the vehicle and the less likely you will be to have car problems during the term of the loan. Large, expensive car repairs that occur with later model vehicles, while having car payments is one large reason average individuals default on their car payments.

Here are some tips if you have bad credit and want to purchase a vehicle in Toronto.

1. Choose a vehicle that is 3-4 years old with less than 50,000 kms. You will still be able to take advantage of the power train factory warranty on most vehicles and this will give you a vehicle that will last beyond your loan payments.
2. Do not stretch your loan payments over longer than 48 months. You want the vehicle to still be worth something once you pay it off.
3. Try to raise at least 25% down payment and this will ensure that you keep your payment low and will increase the likelihood of a car loan approval.

For more information about purchasing a vehicle when you have bad credit please visit www.prudentvaluecars.com