Is it Safe to Use Online Car Finance?

Online car finance is convenient. You can apply over the net and shop around for a good deal from the comfort of your home.

But with the rise of scams on the net there are precautions you should take to make sure you are not being ripped off.

Car Finance Safety Tips

1) If you are in an english speaking country, the website you are dealing with should be in english. If the English is poor it could be a scam site.

2) Only deal with companies that publish full contact details on their site, such as phone numbers, preferably one in your country. Also they should maintain a physical office and also publish that on the web. A reputable company will have an office.

3) They should be listed in the phone directory as well, either the yellow or white pages.

4) No bank or finance company will ever send you an email asking for your passwords or account details.

5) Check a number of companies out before you make your decision. Compare the rates. Read all the terms and conditions.

6) E-loan and Capital One are two safe online finance companies and have passed all these checks from my research.

7) I recently reviewed an offer from a finance company that looked like it was from Russia, who didn't even have a phone number. They had all manner of explanations but it is simply not good enough. So go with professional companies. Remember, there is no such thing as something for nothing

Remember to seek competent advice from a professional such as accountant before making financial decisions.

Graeme Sprigge is the webmaster of SellMyCarForCash.Com, a website dedicated to enlightening you on how to get the most for your car in a private sale. The site is is constantly expanding and includes more great articles, some of which are available for reprinting in your ezine. There is a lack of unbiased information on the net in this are so this site aims to fill the gap.

For more cool articles, cool car selling tips, car finance tips visit http://www.sellmycarforcash.com

For his recommendation on the best online car finance there is more info here

Copyright 2005 Graeme Sprigge. Please feel free to pass this article on to your friends, or use it in your ezine or newsletter. It's a shareware article.

In The News:


Boston Globe

Former Credit Suisse broker arrested in US
Swissinfo, Switzerland - 5 hours ago
A former Credit Suisse broker has been arrested for fraud and conspiracy over deceptive sales of subprime-related auction-rate debt in the United States. ...
Former Credit Suisse broker charged with subprime-linked fraud in ... International Herald Tribune
UPDATE 1-FBI arrests ex-Credit Suisse broker Reuters
Criminal charges for ex-Credit Suisse brokers Independent
Washington Post - Forbesall 468 news articles

CEP News

S&P upgrades Raytheon credit ratings 1 notch
CNNMoney.com - 17 hours ago
S&P upgraded the company's long-term corporate credit rating to "A-" from "BBB+." The outlook is "Stable." The Waltham, Mass. ...
Credit rating soars in District 300 Northwest Herald
Starbucks downgraded to 'BBB' on weakening credit metrics - S&P Hemscott
Standard & Poor’s reviews Fifth Third, Regions, Synovus, Colonial Milwaukee Business Journal
Wall Street Journal - The Plain Dealer - cleveland.comall 91 news articles

Credit Crunch: The Sequel
U.S. News & World Report, DC - 22 hours ago
And that certainly seemed to be the case in March when investment bank Bear Stearns became the highest-profile victim of the credit crisis. ...
UPDATE 1-US banks' direct borrowing hits record in week Reuters
UPDATE:Comml Bks Set Record For Avg Discount Window Borrowing FXstreet.com The Foreign Exchange Market
The Market: What the Pros Are Saying BusinessWeek
The Associated Press - San Jose Mercury Newsall 78 news articles

Legg Mason's stock hit by Credit Suisse downgrade
Reuters - 17 hours ago
Credit Suisse analyst Craig Siegenthaler downgraded Legg Mason, the No. 2 publicly traded US asset management company, to "underperform" from "neutral," ...
After Credit Suisse downgrade, Legg shares fall Daily Record (subscription)
Legg Mason leads financials lower MarketWatch
Legg Mason shares slide after ratings downgrade Forbes
Baltimore Sun - 24/7 Wall St.all 20 news articles

To Your Credit, Two Cards
Washington Post, United States - 6 hours ago
Dear Heloise: My suggestion is to carry two (different type -- Heloise) major CREDIT CARDS. When in a foreign country recently, I found an airport desk that ...

MOVES-Unicredit, Pacific investment, Credit Suisse
Reuters - 1 hour ago
Sept 5 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, please e-mail ...
In praise of… Pimco FT Alphaville
Pimco Names El-Erian CEO Of the Bond-Investing Giant Wall Street Journal
all 30 news articles

Police seek credit union robber
Salt Lake Tribune, United States - 14 hours ago
Posted: 3:57 PM- Salt Lake City police are seeking the man who robbed a credit union Thursday. The Mountain America Credit Union at 1225 S. Redwood Road was ...
Man robs credit union KSL-TV
Officers searching for man who robbed credit union Deseret News
all 3 news articles

Washington Post

Agent's credit cards led to arrests
Houston Chronicle, United States - 11 hours ago
By PEGGY O'HARE Authorities have arrested two people linked to credit cards stolen from a Woodlands federal agent who died after he was severely beaten ...
Thomas J. Byrne; DEA Supervisory Agent in Houston Washington Post
all 4 news articles

UPDATE 1-US credit problems far from over - FDIC's Bair
Reuters - 12 hours ago
"You simply must accept that the credit downturn is far from over," Bair said in prepared remarks to a banking group in Florida, a state where the US ...
On credit watch RightSide Advisors
Bank Failures Rising How to Protect Your Money Inglewood Today
FDIC Quandary Could Stick US Taxpayers With the Tab for the US ... Money Morning
InvestmentNews - Sarasota Herald-Tribuneall 17 news articles

China Yuchai International Re-finances Existing Credit Facility
MarketWatch - 2 hours ago
... with DBS Bank Ltd., ("DBS") of Singapore, to partially re-finance one of its existing revolving credit facilities due to expire shortly. ...
credit - Google News


Wind Chimes and more...

Windchimes for great gifts!

Cash Advance ? How Does It Work?

If you want a cash advance or a payday/paycheck loan,... Read More

Credit Report ? Look Out for Your Debit Report, Too

Most consumers are aware that there are companies that keep... Read More

How To Use Your Credit Cards Wisely

Are you one of the thousands pulling your hair out... Read More

5 Ways To Raise Credit Score

It's not as hard as you think to raise credit... Read More

Bad Debt Recovery

Bad Debt IdentificationIdentifying bad debt is not as easy as... Read More

Understanding Credit Report Score

Understanding credit report scores is important when you see your... Read More

Can Credit Search Entries Affect Your Ability to get Approved for a New Loan in the UK?

About Search Entries:Every time a lender checks your credit history... Read More

Credit Help For Renters And Others On The Horizon

Sue is a homeowner and pays her mortgage and other... Read More

Various Types of Credit Cards - Part 2

Several different types of credit cards offer several different options,... Read More

What Is a FICO Score and How Do I Make It Work for Me?

Whether or not you receive a loan and what interest... Read More

The Hitchhiker?s Guide To Insanity

A new sickness is plaguing the UK called Denial. Denial... Read More

Maximizing Credit Card Rewards

In their quest to get you to sign up for... Read More

Finding Reputable Credit Card Companies

You're interested in getting the best credit cards for your... Read More

Credit Card Incentives

Credit card companies want your business. After all, lending money... Read More

Credit Repair Companies and Credit Counseling

Let's be crystal clear, right up front. Paying someone to... Read More

Convenience Can Be Costly

You've just opened your credit card bill and attached to... Read More

Why Consumers Need a Nationwide Credit Freeze NOW

What do a shoe retailer, an online discount broker, and... Read More

Manage Your Credit Wisely

Getting your first credit card is a big deal and... Read More

What Does Your Credit Score Tell You?

When you apply for a loan or a mortgage, the... Read More

Top 5 Reasons To Check Your Credit Report Regularly

#1 Make sure mistakes aren't hurting your credit.Reviewing your credit... Read More

Establishing Credit ? What You Need To Know Part 2

In my previous article "Establishing Credit ? What You Need... Read More

Credit Repair Scams

"Erase Bad Debt !""Remove Negative Items From Your Credit Report"You've... Read More

How To Repair Your Credit Report

A credit report is run on a buyer when he... Read More

What is a Credit Card?

A credit card allows you to buy things even though... Read More

Tackling Bad Credit

The first time I heard the term credit history was... Read More