Yup. We already know this. Especially when we think that what seems to be a cutting edge deal turns out to break instead of make our budget. Which might have meant almost falling off the fiscal cliff (our cliff). It really boils down to the struggle between two different kinds of credit. It’s okay to take a look at how they compare (you want to be a savvy consumer, right). One of the strongest emerging waves for finding available credit are car title loans. Nowadays a whole bunch of consumers have learned about them (and have used them too). They’ve found that car title loans have turned out to be the smarter way to avoid becoming trapped in a seemingly never ending cycle of debt that keeps weighing you down. The truth is that it’s because title loans, unlike credit cards. are short term loans. They carry the lowest rate of interest and are quickly repaid in 12 month affordable installments and have no prepayment penalty. They are now considered the best in alternative funding (and spot on with cash flow energy) for an immediate budget fix. And a major budget de-stress. On the other hand, credit cards are powerful financial tools. I mean, one of the biggest reasons that it’s not difficult to turn down a very large expense is because it’s so easy to turn to plastic. But it’s not so simple as that. That’s because credit card debt is the same as a long term loan. Interest keeps piling up until the whole bill is paid in full. It just makes your balance grow and there’s nothing to show for it. No joke. So what seems like a cutting edge deal (it ain’t). In fact, using plastic carries a higher rate of interest than a car or home loan. Really. Even more on the downside, is that credit card bills (they don’t get better with time) can take up to ten years to repay. That’s like having a debt level that’s running overtime. For good reason, borrowers have discovered the ins and outs for staying ahead of the game. So the time could be right to swap your credit cards for car title loans and save big time.
Oh, there’s something more. For good reason, after several years of a tough economy, consumers are finding out that a cruise vacation is one of the greatest travel values. That’s because everything (your room, food, and entertainment are all included in one price). It’s a good bet that you’ll come out way ahead (save more) having that extra cash handy from car title loans The long and short of it is that you deserve that well-earned vacation. There’s nothing stopping you from being on top of your game. Makes sense. Why wait.