I purchased a lemon when I got my first car, which it costed me dearly. Since I decided not to repay the lender, it messed up my credit for some time, but I was able to sue them successfully in court, and they were able to reverse the fees off of my credit. The next time I decided to go out and buy a car, I was much more careful and decided to only buy a new car and not used one. My job afforded me the luxury of getting a brand-new car that was made in the same year that I purchased it.
Financing was still going to be a challenge because I didn’t have much credit history, but I was still able to get a decent interest rate at 16.5%. Even though I scoffed at the interest rate, I knew I wasn’t likely to get anything better because I had tried several lots before settling on the last dealership that sold me my car. I knew that refinancing would be in my future, so after I made a solid 12 months of payments, I looked into refinancing my car, and I went to Ignition Financial to get the job done.
I knew I wouldn’t have much of a problem getting refinanced, but I wanted a lower rate, I was even hoping for at least 10%, but I wasn’t terribly optimistic. Everything I did to keep up with the new car payments was very helpful because they told me my credit was good enough to get me a lower rate. Even though I didn’t get the exact 10% I was looking for, I got very close to it and was able to lower my monthly payments by over $75 a month. Who knew that I could slash my payments so much by working with Ignition Financial?
I even chose to recommend Ignition Financial to a family member who was having trouble paying her monthly car payments. She told me that she was able to get her rates down so low that she no longer worries each time her payments are due. I have a lot of praise for Ignition Financial because they really looked out for my best interest and shopped around with one financier after another until I got a refinancing deal that I couldn’t refuse. I’m so happy that Ignition Financial could help me.
Many people have been renting their houses on Airbnb with the objective of making quick money. Airbnb simplifies the process of enabling homeowners to rent out their houses and receive cash. In as much as such houses may generate short-term revenue, there are many problems associated with renting houses. In case the tenants destroy properties, it may be a herculean task for the homeowner to be indemnified, especially when the homeowner’s insurance does not cover such damage.
Before renting out properties to Airbnb, it is imperative to take note of risks, insurance covers and protection. When a house has tenants, there is the liability for injuries to the guests. These guests may also engage in theft or damage neighbors’ property. In extreme circumstances, the guests may be involved in illegal activities, thus attracting lawsuits. These tenants may also refuse to pay for the services. It is crucial to pinpoint that most homeowner’s policies do not consider covering short-term rentals. This means that the homeowner is personally liable for expenses incurred by the guests or tenants. Lastly, Airbnb protection is secondary coverage and it only comes into force when the homeowner has exhausted his or her resources. This information was originally mentioned on Hackronym as posited in the following link http://hackronym.com/category/financial-advice/
About Richard Blair
Richard is a renowned financial advisor. He has been working in the financial services industry for over 20 years. Richard is the founder of Wealth Solutions. Richard incorporated the company with the objective of developing structures that would make him provide advice, customize investments, plan for retirement and preserve wealth. His passion is anchored on aiding other people achieve the objective of enhancing their personal financial objectives. The company is based in Austin, Texas. Over the years, Richard has been working with affluent members of the society, small business owners and families living in the local area. Richard Blair is an alumnus of the University of Houston where he graduated with an undergraduate degree in finance.
In his free time, Richard spends time with his wife and their 3 children. Richard enjoys playing golf, riding his bike, cheering his kids during their sports events, taking family vacations and exercising. In order to provide adequate services to his clients, Richard has studied and excelled in different fields. He is a Certified Annuity Specialist (CAS), a Retirement Income Certified Professional (RICP), a Certified Tax Specialist (CTS), a Certified Income Specialist (CIS) as well as a Certified Fund Specialist (CFS) and a Certified Estate and Trust Specialist (CES). This information was originally reported on Wealth Solutions’ website as elucidated in the link below http://www.wealthsolutionsria.com/team/richard-blair