We are pleased to announce that soon there will be a Spanish version of WashingtonAutoCredit.com so that we can better assist our Spanish speaking community. In addition, we will be adding new bi-lingual staff to our WA Auto Credit team within the next couple weeks. If you know someone that needs help getting an auto loan, but speaks much better Spanish than English, WA Auto Credit is the place to get help buying a car.
Both, free traffic and paid traffic are based on keywords. The prospect is typing a keyword in the search box of Google or other search engine, and he is pointed to the results relevant for that keyword. By definition, he is searching something that he is interested in, so we may call him targeted prospect.
I agree that you can get faster results with paid traffic in theory, but considering the tight competition, the bid price and the fact that not every prospect becomes a buyer, (on the contrary, a rate of 1% is considered good), I think that free traffic worths more. And there are a lot of other reasons for that, not only the cost.
Either using free or pay-per-click advertising methods, the purpose is website promotion. Read more…
Why invest in gold today? Gold price is hitting $1,195 USD in Europe and Asia right now and has quadrupled in the last 10 years. New York gold spot price closed at just over $1,193 today, almost $24 up. With gold excellent performance over the past 9 years, many of you think that the price is too high and a huge drop is coming. Huge does not mean a drop in $50 to $100 range, but rather something close to $300 or even $400 per ounce of gold. Of course, why invest in gold then? It may just go the way oil went. Well, we think, there are plenty of factors that will keep gold going for a few years at least and then some.
Are you a credit junkie? Millions of Americans are, including our favorite relative, Uncle Sam. We usually think of junkies as drug addicts or drug peddlers, but a junkie is any person who derives inordinate pleasure from or who is dependent on something. For many people, that’s buying things with credit. In other words, spending money on things they can’t afford. Getting addicted to credit is just as easy as becoming addicted to anything else. At first you give it a try and maybe you buy something on a new credit card. Like magic, you just purchased something yet your bank account didn’t go down. What a wonderful feeling! So you buy something else on credit, and then even more stuff gets thrown on the credit card. Hey,
Bucking seasonal trends, credit card delinquencies decreased during the third quarter. While small, the decrease in late payments from 1.17 percent to 1.1 percent is a positive sign for consumer lending, especially given the fact that consumer delinquencies have not dropped during this period in a decade.
Delinquencies, which are payments 90 days late, are a strong indicator that credit card users will default. Throughout the past year, credit card defaults have skyrocketed to as much as 13% at some of the nation’s largest bank. This has contributed to lower credit supply and higher credit card costs, mainly in the form of higher interest rates and shorter 0% promotional periods on balance transfers. This recent improvement, however, may bring some optimism to major banks, perhaps leading to more accessible credit.
Ultimately, however, this slight decrease in delinquencies may have little impact on credit card lending. Between preparations for the new credit card laws and massive default levels, most credit card companies are reeling. Some, such as Citibank, have embarked on seemingly absurd rate increase sprees. Others have simply reduced their lending, raised interest rates on new customers, and cut off 0% balance transfers.
On the bright side, the decrease in defaults that occurred in the third quarter may be a sign that more Americans are getting their credit card debt under control. This could translate into a longer term decrease in default rates which, in turn, could get consumer lending re-started. Unfortunately, this is unlikely to occur for at least three to six months, as credit card companies will need more than a single quarter of positive news to alter their current frugal course.