How to Consolidate Your Savings and Expenditures
Sometimes, going through that ordeal when you need cash and your loan application has been turned down, can be exasperating, but, nevertheless there are financial tips, which if taken seriously, can most probably solve your financial woes.
Sell Your Collection or Other Items
If you are a collector, then it’s time to turn these collectibles into cold cash. Even if you get emotional parting with your collections, selling them is a better decision than getting into trouble financially. It’s either you look for private buyers or go to auction websites where you can select sites which sell memorabilia like you own collections. Once you have decided on a good site, there are fees to be paid, either a listing fee or commission if your items are sold. Try working on your other items as some people might have interest on them. Some online companies are putting premium on items, like wine corks, toilet paper rolls, broken electronics, and even hair.
Get Cash by Selling Your Car
For as long as you can manage without your car, then by all means put your car into auction and raise your cash level. The advantage of selling your car is that you save on road tax, insurance and fuel, aside from earning outright the cash value of the car. You can choose the option of selling your car through companies that offer scrap prices for old models or you put your car on auction at an online auction website.
A loan rejection is not necessarily the end of it, you can still look for other loan providers who are just as willing to loan out at a higher rate than that from the bank. Just be sure that you have weighed … Read More ...