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How to Acquire a Higher Loan-To-Value Percentage on Your Auto Loan?

Often while purchasing a new car, obtaining an auto loan that is equal to the value of your car can be tricky. The whole point of applying for a loan is to ease the financial burden in acquiring your new car. Therefore, it is best when the maximum amount of your cost is covered through the loan. Therefore, any auto loan with an impressive loan-to-value percentage is sought after.So, what is loan-to-value percentage and how does it work?Technically, a loan-to-value percentage is the amount of the loan financed, relative to the value of the car. It is usually calculated by dividing the loan amount by the current value of the vehicle.Under an ideal scenario, the loan-to-value percentage is below 100%. However, on a situational basis, lenders can extend loans up to 150% of the value of the car. For instance, assume you want to buy a car worth $50,000 and the loan-to-value percentage on the auto loan is 120%. It indicates that you still have $10,000 to spend on other expenses while you can easily cover the cost of your new car.A lower loan-to-value percentage means a lower risk for the lender. However, there are a few ways to obtain a loan-to-value percentage which is higher than the value of the car you want to purchase.What should you keep in mind to obtain a Higher Loan-To-Value Percentage?· A Clean Credit HistoryA squeaky clean credit history is by far the most essential factor in not only getting an auto loan, but also getting higher loan-to-value percentage. Without a good credit history, accessing an auto loan can be difficult and it might cost you a tad bit more. Therefore, it is imperative to maintain a good credit record as it is exceedingly important in acquiring a higher loan-to-value percentage.· Type of CarWhether you are buying a new car or a used car, your repayment options and loan-to-value percentage can greatly vary. Surely, buying a new car has its own set of benefits as you are backed by a warranty for a few years. Additionally, the loan-to-value percentage on used cars may not be absolute as against new cars. Therefore, an auto loan for a newer car can cover your loan completely and in some cases even extend it to an amount more than the cost of the car that you want to purchase.· Steady IncomeThe primary criterion for qualifying for an auto loan includes a steady income. For any lender, a steady income stands as proof that you are capable of repaying the loan amount in the given time period. Usually, lenders ask for payment stubs or bank statements to validate your income. With a steady income of the past few years, obtaining a higher loan-to-value percentage is possible.Taking the above points into consideration, you get a clearer picture on how a loan-to-value percentage on an auto loan works and the factors you should consider so that you can bargain for a higher amount on your auto loan. Always carry out an extensive research and read the loan agreement meticulously before you decide on choosing an auto loan.

Yahoo! Finance – What Sets This Finance Website Apart?

“What Obama Must Say Tonight,” “10 Tax Moves to Make in 2010,” and “Ailing Banks Favor Salaries Over Shareholders,” are all examples of the dozens of articles that could be found today at Yahoo! Finance. Yahoo! Finance is a finance website that offers lots of free information and tools all related to finance. There are many websites today that offers resources and tools related to personal finance and investing, so what does Yahoo! Finance have to offer?*Free- Although there are some services available for a fee, accessing the Yahoo! Finance website is free and so is the use of many tools.*Personalized Updates- If you choose to set up an account, you can get personalized updates when you log on about stocks or companies that you’re interested in.*Up to Date- This is one of the best things that sets Yahoo! Finance apart. Market indexes and updates are updated frequently and the “news” is fresh.*At a Glance- You can see Market index averages for the day including the DOW, NASDAQ, S&P 500 and more, as well as graphs showing the trend in these averages for the most recent working day.What’s Up at Yahoo! Finance?In addition to the Yahoo! Finance home page, you can find helpful pages on:-Investing-News and Opinion-Personal Finance-My Portfolios (if you choose to organize your financial information here)- A Tech TickerOn the Investing Pages at Yahoo! Finance:Find out about “Today’s Markets,” including recent earnings statements, recent stock splits and more.Mutual Funds, Stocks, ETFs, Options, Industries and Currencies are all explored furher. Find research, converters, calculators, articles and more.You can also learn more about world stock index levels, world news and exchange rates are under “International.”"Research and Education” offers a business term glossary, personal tutorials on finance and investing and more.Of course Yahoo! Finance also offer “Community,” a section where you can chat, ask questions or join groups.On the Personal Finance Pages at Yahoo! Finance:Get your personal finances organized at “Banking and Budgeting.” Free trials of online bill pay are available. Frequent offers include free for 6 months and $4.95 thereafter.More under Personal Finance…*Insurance*Taxes*Loans*Real estate* Family and Income*RetirementOn the News and Opinion Pages at Yahoo! Finance:Look for articles on…*Industry news*New technology*Top picks by expertsCreating a Yahoo! Finance Account:Creating an account at Yahoo! Finance is easy and free. Once you’ve created an account, you can personalize your logon so that the information that is important to you will be displayed including stock prices and relevant news pertaining to companies you are interested in.The Perks of Yahoo! Finance:Yahoo! Finance visitors and members enjoy that there’s so much financial information in one place and that the articles and financial charts on Yahoo! Finance are kept up to date. They also like that so many of the services available are free. Visitors also applaud Yahoo! for having limited ads.Popular Tools at Yahoo! Finance:There are rate charts and calculators for Mortgage, Home Equity, Savings, Auto Loans and Credit Cards for fixed loans and ARMs. You can see rates across the country as well view rates in your area.What’s not to love about Yahoo! Finance?While many users like the non-nonsense format at Yahoo! Finance, others find the finance web sites look to be drab, boring and unexciting with little more than two colors, black and blue, a limited photos.Still, Yahoo! Finance is recommended as a finance website that has a lot of helpful tools and resources that are well organized, up to date and more than not, free.

Florida Phosphate Industry Officials, Poor Environmental Stewards?

Over the past seventy years, Florida’s phosphate industry let many man-made severe environmental accidents occur one after another over the years, causing serious environmental impacts to pristine “one of a kind” ecological regions of Florida. Once their serious mishaps occur, industry officials let Florida’s taxpayers end up paying in the millions for the restoration of these “accidents”. The courts work on a legal resolution (for years) concerning the phosphate industry financial and environmental responsibilities if any. The Florida taxpayers are also paying for the court costs, attorney fees, and the like while the court battles continue daily between federal and state environmental agencies versus Florida’s industry officials.Many of the accidents which incidentally phosphate officials still have not reimbursed taxpayers for restoration costs occurred so long ago, most citizens not directly affected have forgotten. One such accident is mentioned below.Accidents occurring such as in Riverview, FL at the local phosphate processing plant causing severe environmental impacts to pristine coastline located on brackish estuaries in the back of Tampa Bay, near the mouth of the Alafia River. Industry environmental protection measures failed to stop the phosphogypsum stack (dam) from collapsing during a tropical rain storm. The overflow of toxic waste includes strong acids, caustics, radioactive materials, and millions of gallons of each. The breach occurred due to lack of risk management planning by the phosphate industry, where phosphate engineering experts warned of possible gypstack failures due to intense rain storms. After all, this is south central Florida, which has a high probability of tropical storms for about six months every year.Industry officials historically make “disastrously” poor decisions concerning their environmental responsibilities and conservation policies (1) designed to mitigate industry accidents to Central Florida’s unique landscape. Why do phosphate officials repeatedly over time, display little concern for their industry responsibilities as environmental stewards? Could Florida’s phosphate officials be uncaring, greedy, and arrogant enough to continue causing severe environmental impacts to sensitive ecosystems without concern?Phosphate industry experts have known what their decisions create over decades but seem unconcerned about their environmental responsibilities. How could this be you ask? The simple answer is politics at its finest. Since the phosphate industry is not held accountable, industry officials believe they are safe from the long arm of the law. After all, millions of dollars are donated (invested) each year for political favors that pay off most of the time. It’s almost a sure bet.So it goes on, the phosphate strip mining industry is moving out of Polk County because their phosphate reserves are depleted. All the environmental damage caused by the industry as a whole is not being restored or reclaimed as Florida law requires. Never the less, Manatee County is the next phosphate industry’s victim.
However, Florida’s phosphate officials are being denied permits by (2) Manatee County, the next Florida County they want to plunder for the phosphate rock it holds. In this case, Manatee County Florida is denying permits to strip mine the Peace River watershed because Manatee County officials know the industry officials are poor environmental stewards. The taxpayers of Manatee County also voiced their opinions and concerns about poor environmental decisions made by industry officials over the last seventy years.The Manatee County Commissioners denied permits to the industry officials because the county commissioners understand the ramifications of strip mining critical environmental ecosystems. It seems Manatee County officials realize the industry practices left Polk County taxpayers to reclaim abandoned phosphate mines at considerable costs. This “permit” legal battle went to the Florida Supreme Court, which sided with the phosphate industry. Interestingly, Florida’s industry officials are being made to “jump through hoops” to get mining permits and are being denied permits by Manatee County officials.Reference1. EPA Abandons Major Radiation Cleanup in Florida, Despite Cancer, nti.org/gsn/article/epa-abandons-major-radiation-cleanup-florida-despite-cancer-concerns/.
2. FLORIDA COUNTY FIGHTS TO CURB PHOSPHATES MINING, nytimes.com/florida-county-fights-to-curb-phosphates-mining.htm