In these tough times it is becoming more and more difficult to obtain prime motor finance for people with a less than perfect credit history. A lot of the lenders have increased their scorecard and abandoned their rate for risk practices. This basically means that they have increased the credit score required to get credit approval. Before companies would advertise an attractive headline APR (annual percentage rate) but depending on your credit score they would decide if you would be offered that rate or a less attractive APR (annual percentage rate).In the sub prime motor finance sector the credit crunch has had damaging effect on the market. As a result of which, several of the major players have ceased trading or no longer approving new business. This has impacted on the mortgage, personal loans, in fact all the sub prime finance markets. It is probably more important than ever to know what your credit rating is and what personal information the credit reference agencies are holding. Once you know this information you can start to address the situation.The first thing you need to understand is what is a credit score? Some time this is known as credit rating. A credit score is a figure that finance companies and other lending institutions use to make lending decisions. They obtain all this information from credit reference agencies.The 3 main credit reference agencies used in the UK are Experian, Equifax and Call Credit. These agencies share information with finance companies providing the finance companies share account information with them. Such as if payments are being made on the due date or whether they are late or missed altogether. Credit reference agencies also hold electoral roll information such as county court judgments, bankruptcy and IVAs. They record previous searches information such as the number of times you apply for finance, what name you used and who you applied with. In a nutshell these credit reference agencies provide all the lending institutions with a comprehensive amount of information to enable them to make an informed lending decision. These institutions then set their own score based on that information and the information you supply in your application. There are anomalies however; the credit reference agencies do not share the information with each other. This means that not all information is recorded with all the agencies.If you do not have any problems getting finance this means you have a good credit score and you are known by the credit industry as a good credit risk or termed as a prime finance customer. If however you do have trouble and have been turned down you are a bad credit risk and are termed as a sub prime customer. This applies if you want to buy a sofa, contract mobile or a car. In fact anything you get declined credit for.A sub prime motor finance company is a finance company which provides car finance for people who have been turned down previously by the prime finance companies. Although you may want to buy or need a new car you should find out how bad your credit history really is. If your credit history is not really that bad you will still be able to get more favourable rates although a little higher than the mainstream prime finance rates. If on the other you have a bad credit history you still need to find out how bad your credit history really is to enable you to understand why you are regarded as a bad credit risk and therefore being charged at a higher rate. Once you have the all the information you need you should contact a sub prime motor finance specialist with a full range of sub prime motor finance lenders to discuss your individual circumstances in confidence.
A Guide to Help You Pick the Best Air Purifier for Your Loved Ones
Holidays are around the corner. This is the time of year when people start purchasing gifts for their loved ones. If you are going to purchase an air purifier for someone you love, we have some helpful tips for you. If you want to purchase the best unit, you may be able to use this guide to your advantage. Read on to find out more.
1: Set Your Budget
Just like anything you purchase, make sure you have set your budget first. The price of the unit will vary based on a lot of factors, such as the capacity, filter type, features, and brand of the unit. If you don’t have a flexible budget, we suggest that you go for a product that is available to purchase for less than $300.
2: Consider the Needs of the Recipient
Your next move is to consider the needs of your recipient. If you are going to purchase this unit for everyday use, we suggest that you go for a unit that comes with a HEPA filter. On the other hand, if your loved one has a specific need, we suggest that you consider a specialized unit.
For example, if they are more prone to respiratory issues, such as allergies and infections, we suggest that you get a UV purifier for them. The devices are designed to neutralize viruses and bacteria.
3: Think About the Available Space
Another primary factor is to consider the available space in the office or house of the recipient. For example, if they need a general-purpose unit for a small apartment, you may want to consider a filterless unit.
On the other hand, if they have plenty of free space, you may consider a bigger unit that features a higher airflow rating. These units are powerful enough to cover a large face.
4: Consider Extra Features
Lastly, we suggest that you consider additional features that they will just love. For example, some units come with an indicator that turns on when the filter needs to be replaced. This will allow the user to change the filter so that the device continues to work properly.
So, you may want to consider these features before you place your order. These features may not be important to you, but your friend may just be over the moon.
Long story short, we suggest that you consider these four tips if you are going to purchase a gift for your loved one on these holidays. Since the air is full of pollution during winter days, nothing can make a better gift than an air purifier. Therefore, you should consider these tips before looking for an online or physical store to make your purchase decision.
Top 4 Advantages of Using Social Media Sites
For today’s business owners, social media sites have become primary sales and services platforms. If you have not tapped into these resources to grow your business, know that you are missing out on some great opportunities. In this article, we are going to take a look at some advantages of using social media websites to help you expand your business.
1. Demographics Research
All social media platforms have a great deal of information about their users. And the good thing is that plenty of this information is accessible to business owners via special tools like Facebook insights.
With these tools, you can get a better understanding of your demographics, their interests, needs and buying habits. So, you can create better marketing strategies and products.
2. Sales Leads
The primary goal of marketing campaigns is to help business drive sales. By publishing your business ads on these platforms, you can target your niche segments. As a matter of fact, this is the most effective technique as far as getting new customers is concerned.
Today, business owners or their representatives are members of groups on social media networks. This helps them develop credibility and get leads at the same time.
3. Customer Groups
Now, almost every business has a social media group or page for their old or potential customers. The idea is to give feedback, share ideas and achieve a deeper insight into what customers need.
If you want, you can also start private groups in order to offer exclusive deals and promotions. So, all you need to do is invite your returning customers to like or follow your page. This is another major advantage of these websites.
4. Social Proof
Typically, referrals are the best prospects you can get. Joining social media groups can make it easier for your customers to get the word out about your products or services. Aside from this, you can also allow your customers to rate your products or services on these sites. Getting 5-star reviews can do wonders for your business.
Positive reviews and testimonials are the main factors that play a great role in generating leads. In addition, many buyers ask for recommendations online before placing an order to buy something they need. If you have social media presence, your returning buyers will direct their friends to your page.
Some great Networking Platforms
Nowadays, there are many top social media sites. You can sign up on any of them to get started. Listed below are some of the top players in the field:
Facebook: Without any doubt, Facebook is the top network sites. The site allows you to create both personal and business profiles.
Twitter: This is another quite popular platform that allows you to create and post brief posts. You can post breaking news on Twitter, for instance.
Instagram: This platform is all about images and videos. You can use it to highlight your product styles and images, especially if you deal in clothing or electronic items.
Sharfly:
Sharfly is a good alternative to Facebook. However, it offers many new exciting features. For instance, it allows you to create a product store without charging your any fees. Plus, it has a reputation system based on likes and dislikes. So, it’s a great social media site.
So, these are some major advantages of using social media sites for businesses. Hopefully, this helps.