It’s an unfortunate reality that each day thousands of people are hurt in car accidents, workplace injuries and other calamities, leading them to have to deal with something far more serious than cuts and bruises.

Facing costly medical bills, expensive car or home repairs and other costs, you may find yourself in need of negotiating an insurance settlement in order to afford all the expenses you’re facing.

Should the situation arise, you’ll be forced to file a car or personal insurance claim with the proper insurance company and then sit down at the negotiating table to work out the details.

In some cases, you’ll need to hire a lawyer to guide you through the negotiating process, but that’s not always necessary.

This post will help you understand what’s involved so that you can play a more active role in negotiations, increasing the chances that you’ll receive the maximum potential payout for whatever injury or damage you’re facing.

Negotiating an Insurance Settlement

If you do decide to go at it alone, the first thing you should do is come up with a dollar amount you would accept to settle your case.

Negotiating an insurance settlement is kind of like bargaining at a garage sale – both parties will know how much debt you’ve incurred as a result of the accident (including medical bills, damage to your car or other property, etc.), but the insurance company won’t know how much you are willing to take to keep this out of court. That’s where things get complicated.

Negotiations can be as straightforward, or circuitous. Sometimes it’s a simple process of asking for a certain dollar amount, then agreeing to whatever the insurance company offers back, while other times there are long, drawn-out negotiations and arguments over who’s really responsible for the injuries and damages, what the financial extent of those injuries and damages really amounts to.

To get the settlement amount that you deserve, you’ll need to prepare for every stage of your insurance claim, and should be ready to tackle:

• Providing a full report, and responding to investigative questions

• Offering supporting documents (medical bills, mechanic bills, etc.)

• Furnishing a demand letter that requests restitution for those costs, including a specific dollar amount that you would be willing to settle for

• An explanation of how quickly you need the money (be careful with this one – if you say that you need the money immediately, the insurance company will have additional leverage over you in the negotiations process)

Your ability to handle these steps during the settlement negotiations process could make or break your case, allowing things to go smoothly and ensuring you receive the maximum payout, or harming your ability to get a settlement, and reducing the amount of money that you’ll receive.

Remember, even if you don’t end up hiring a lawyer to officially represent you during negotiations, it’s almost always worth consulting with one to make sure that you haven’t overlooked anything, and to ensure that you have a solid understanding of the legal implications of your situation.

Car Capital Financial

If you need to raise emergency money quickly, then Car Capital Financial can help.

We have provided safe, affordable and reliable car title loans to Southern California residents for over 15 years, and we can get you the cash you want in as little as 30 minutes.

If you own your car in full, or have just a few remaining payments on it, then you likely qualify for one of our no credit check cash title loans. Title loans are issued based on the borrower’s ability to repay the loan.

Call us now at 1-888-500-9887 to find out how much money you can get!

In today’s economy, virtually everyone is looking for various ways to save money, and when it comes to car insurance that is certainly no exception.

Many of today’s drivers try to find the cheapest car insurance rates available, but with cheap rates comes less-than-adequate coverage and poor customer service.

Fortunately, you can take advantage of these five ways to save money on car insurance without having to sacrifice quality coverage.

Keep a Clean Record

The first obvious method is for you to maintain a clean driving record. If you have a history of being involved in traffic accidents, the insurance company will consider you a risk that could potentially cost them lots of money. The more traffic accidents and moving violations you have on your driving record, the higher the insurance premiums will be for you.

Maintain Good Credit

Car insurance companies look at various factors before giving you a quote on your insurance premium. One of those factors that you may not be aware of is your credit score. Having a good credit score will help you receive lower cost car insurance!

The reasoning behind your credit rating being a factor is that car insurers believe drivers who are responsible with their finances tend to carry over that responsibility to their driving habits.

If you have bad credit, then you may need to focus on raising your credit score by reducing your debt and paying your bills on time. This will not only ensure that you can receive affordable car insurance premiums, but it will also help you achieve great interest rates if and when you decide to apply for a credit card or a loan.

Compare Insurance Rates

When the time comes to renew your car insurance and you see that the annual premium has gone up, then you need to start shopping and obtaining quotes from other car insurance companies.

Most drivers fail to do some comparison shopping, but this one simple trick alone can save you hundreds to thousands of dollars a year!

It is imperative that you to go out and compare insurance rates every year to two so that you can find out if you are getting the best deal available.

It is also important to check how your car insurance rate may change when there is a change in your marital status, or after you received a traffic violation. These and other factors can affect how much you pay each month.

Ask for Higher Deductibles

When it comes time to determine your car insurance rates, you’ll be asked to choose a deductible, which is the amount of money you have to pay out of pocket before insurance starts covering the costs of any claim.

Deductibles can range from $200 to $1,000, or more, and it all depends on the type of policy you select. If you choose to pay a lower deductible, then the annual premium will be higher. Likewise, if you pay a higher deductible at the start, the lower the premium will be.

If you don’t think you’ll even need to use your insurance, then choose a higher deductible to make the annual insurance premium better by several percentage points, which will save you a great deal of money as long as you don’t need to make a claim!

Be sure to check with your car insurance company to see how your premium may be affected if you raise your deductible.

Bundle Your Coverage

Many car insurers will give you a discount on your car insurance if you package your vehicle coverage with your homeowner’s or renter’s insurance. Another way to get this discount is by having more than one car insured with the same company.

One reason that insurance companies offer premium discounts to customers who package their policies is that it discourages them from shopping around with the competition.

Be sure you’re not being tricked into thinking you’re getting a great discount by shopping around, and ensuring that your provider really is offering you the best deal.

Car Capital Financial

Car insurance rates may continue to rise, but if you follow these tips you will find out that saving money isn’t as hard as you originally thought.

Whether you end up incorporating some of these ideas, or all of them, you should have no trouble putting at least a little bit of money back into your pocket.

If you need some emergency cash assistance, then keep in mind that you can always give Car Capital Financial a call for a low-interest, secured personal loan.

Our car title loans are provided within minutes of receiving your initial call, getting you the cash you need today, and without even requiring you to face a credit check. Title loans are issued based on the borrower’s ability to repay the loan.

Call us now at 1-888-500-9887 to find out if one of our safe, reliable and affordable auto title loans would be a good fit for your financial needs.

 

The purpose of the bail system is to guarantee the appearance of a criminal defendant in court.

To fully understand the system, it is important that you understand the bail bonds process:

1. The Court sets a bail amount
2.  A bail bondsman pays this amount to the court
3. If the defendant shows up to all their court dates, then the bail bondsman gets his money back

Most people hear about bail on the news when someone gets arrested. We hear things like, “So-and-so was released on X thousand dollars bail and will return to court at a later date.”

But what does bail really mean? To answer that question here is a good overview of what bail is, how bail bonds work, and what bail bondsmen do:

Bail Background

If you are ever arrested on suspicion of a crime, you will be taken to jail for booking. During this process, you will have your mug shot taken, you will be fingerprinted and you will be asked for a statement. Before your court trial date arrives, you’ll have two options:

1. Remain in jail until your court date
2. Post bail so that you can be released

What Bail Is?

Bail is a way for the court to increase the chances that you’ll actually return for your court date. When the court takes your bail money, it’s like they’re taking a hostage from you, which you’ll only get back if you arrive in court at a later date.

Since bail amounts are typically relatively large (they wouldn’t be compelling if there wasn’t enough money on the line), most people have to rely on Bail Bondsmen to front the money for them, giving it to the court on their behalf.

In that case, bail is a financial agreement that a bail bonds company makes for you with the criminal court in order to get you released from jail while you await your trial date.

The court sets the bail amount and the bail bond company pays the bail on your behalf with cash, assets, or a bond.

A bond is a surety that the full bail amount will be paid, kind of like an official IOU, and while some courts require the full amount to be paid up front, others will accept as little as a 10% cash down payment to secure your release.

The trick here is that after the bail agency posts bail on your behalf, they are the ones who become financially responsible for ensuring that you arrive for your day in court.

If you fail to show up for your appearance, it’s highly likely that the bail bonds agency will hire a bounty hunter to track you down and bring you back, as that’s the only way they’ll be able to get back the money they spent posting your bail.

What is a Bail Bondsman?

A Bail Bondsman is the person who posts bail on your behalf.

Typically, bail bondsmen work for a bail bonding company, but there are also independent operators who handle everything on their own.

The way that bail bondsmen make money is by charging you a fee for fronting the money used to post your bail. That fee is usually something like 10% of the amount of money required to post your bail, and is a fee that is not refundable, even if the case gets thrown out after you post bail.

Most times, bail bondsmen will take out a security against any assets you have in order to cover the cost of your bail. If you don’t have enough assets to cover bail, then the bondsman may need to take out securities against anyone who can help vouch for you (think of them like cosigners on a loan), including your friends and family.

When the bail bondsman takes out their security against your assets, he or she will typically require you to pay 10% of the total in cash in addition to the mortgage on a person’s home that would equal the full amount of the bail money owed.

If you don’t arrive in court on your specified date, the bail bondsman will probably hire a bounty hunter to track you down, but he or she will also have the right to sue you for the money handed over to the court to post your bail.

Your bail bondsman or bail bonds company is also likely to claim any assets that you or the individuals who helped vouch for listed when you signed the original contract with them.

Car Capital Financial

If you or someone you know is in dire need of some emergency money to cover the costs of posting bail, then Car Capital Financial may be able to help.

For more than 15 years, we’ve provided safe, reliable, and affordable car title loans to people who needed money quickly, regardless of what they needed it for.

Our car title loans allow you to raise money quickly and easily, netting you thousands of dollars in mere minutes by using the value of your vehicle as collateral for a short-term, low-interest secured loan.

But better yet, our loans don’t require a credit check, and they don’t require you to leave your vehicle with us!

In fact, you can continue to drive your car however and wherever you like as long as you keep making monthly payments to pay back the loan. Title loans are issued based on the borrower’s ability to repay the loan.

Get the money you need in as little as 15 minutes by calling us now at 1-888-500-9887.

For millions of Americans who don’t have a bank account or who cannot qualify for one, check cashing centers provide a place to cash checks, pay the bills, get a neighborhood loan and more.

Although check cashing services may not exactly be the most economical way to cash your check without a checking account, they are a useful service for those people who have no other options.

Check cashing comes in a variety of flavors too, with 24 hour check cashing centers, personal check cashing services, and even online check cashing operators.

Pros & Cons of Check Cashing

Many people are wary of relying on check cashing services due to concerns about cost and safety, but some prefer them to traditional banks.

What are the potential benefits and potential setbacks that you could face by relying on a check cashing vendor?

It gets complicated, but fortunately, we’re here to break it down for you and help you determine whether or not this avenue fits your financial situation.

Advantages of Check Cashing Centers

For some, the use of check cashing centers is almost a necessity because they are unable to open checking accounts at traditional banks.

This could be due to terrible credit issues, financial fraud or other concerns that end up being cut off from the typical banking that most Americans enjoy, but whatever the case, there is another way to get money from your checks.

Check cashing centers are often more convenient than traditional banks, because they often have longer business hours (opening earlier and closing later), but they also offer a variety of other useful services, like:

• Neighborhood loans and other types of short term installment loans
• Money transfers
• Bill payments
• Money orders
• Stamps, envelopes, and mailing services
• Notary public
• Currency exchange
• Prepaid debit and credit cards

Check cashing centers are also faster than traditional banks, leading to some consumers relying on them when time is of the essence.

When a check is cashed into a traditional bank’s checking account, the whole amount of the check isn’t usually accessible, but that’s not the case at a check cashing center.

When you use check cashing services, your funds are made immediately available, because the amount of your check is given to you in cash (minus the service/transaction fee).

Disadvantages of Check Cashing Centers

Some people certainly love check cashing centers, and will return to them repeatedly, but for many individuals, their convenience comes at too hefty a price.

The most common argument against the use of check cashing is that their fees are simply too high. Typically, these places charge customers an average of 3-5% per check, regardless of the nature of the check.

On average, the annual costs of using a check cashing service is significantly higher than the fees associated with using a checking account for similar needs.

Now that most banks offer online access, direct deposits, and electronic payments, check cashing has become significantly less popular, even for those individuals who are unable to open a traditional bank account.

Check Cashing Alternatives

In recent years, many Americans have turned to new alternatives, like second chance bank accounts, which provide users the convenience of check cashing accounts without the requirement of passing a credit check, or Chex Systems verification.

Most people are unaware that there are other ways of paying your bills and cashing your check without going to a check cashing center, but there really are plenty of alternative options, including:

Prepaid Cards

Most prepaid debit card companies allow card holders to have payroll and government issued checks directly deposited into their account for free. Once a payroll check is deposited, the card holder can withdraw their money, or make purchases against the deposited funds.

Walmart

Most Walmarts across the nation allow customers to cash payroll checks, as well as some government issued checks. Walmart will cash checks that are equal or less than $1,500.

The cost for cashing a check is usually a maximum charge of $3, and it depends on the amount and nature of the check, but it’s typically less costly than visiting a check cashing center.

To cash a check, the customer has to show a valid ID and enter their social security number using a PIN pad, but that’s it!

Grocery Stores

Some local grocery and liquor stores now offer check cashing services to their customers.

For example, most grocery stores will cash non-personal checks other than tax refund checks, typically with a low fee like $1 for every $100 cashed.

Car Capital Financial

Deciding on whether to use a check cashing center comes down to personal choice. In the end, there are good reasons for and against using such a service. Accessibility, convenience, cost, and your financial situation should all come into play when deciding which service will work best for you.

Should you need emergency cash assistance keep in mind that there are safer, more reliable options for raising money quickly than check cashing, credit card advances, and neighborhood loans.

Call Car Capital Financial to get yourself a low-interest, secured personal loan, in the form of a car title loan. Our loans use the equity in your vehicle as collateral for a cash loan, allowing you to raise a great deal of money quickly, and without having to sacrifice the use of your car!

Whether you’ve got a car, motorcycle, rv, boat or other titled vehicle, we can get you the cash you need in as little as 30 minutes. We’re Southern California’s leading auto title loans company, and we’ve offered our safe, reliable and affordable title loans to Southern California residents for over 15 years. Title loans are issued based on the borrower’s ability to repay the loan.

To get you the money you want in as little as 30 minutes, give us a call now at 1-888-500-9887.

 

During financial hard times, many people turn to pawn shops and pawn loans when looking to raise some emergency cash.

However, before you consider going to a pawn shop, you need to understand how a pawn shop works and what to pawn to make money.

Below are the steps you will need to follow in order to successfully raise money by visiting the local pawn shop.

The Process of Pawning

Pawning is the process of borrowing money against the value of one or more of your personal items. Essentially, pawn loans are another form of collateral loans.

You can use gold, silver, platinum or diamond jewelry to get a pawn loan, or you can use more basic goods like household items, or exotic items, like musical instruments, collectibles and anything else that has some value. Gold, precious metals and jewelry are typically the most useful items to pawn, since they hold their value over time, while electronics and computers depreciate much more quickly, and won’t net you much money from a pawn broker.

When you take your items to the pawn shop, the broker will evaluate them, tell you what they think they’re worth, then offer you a short-term loan based on the value of your items.

If you agree to take the loan, the pawn shop takes temporary possession of your items, storing them away for safe keeping so that they can be returned to you in exactly the same condition that they were received.

When your pawn loan comes due, if you can pay it all back in full, you’ll get your items back. If you can’t afford to pay the loan off, the pawn shop will serve you a 30 day final notice, offering you the chance to either pay off the loan in full, or extend the loan by paying interest and other fees.

If you can’t make those payments, then the pawn shop is legally allowed to take possession of your items by transferring ownership of the property from you to themselves, and you will be forced to buy the items back from the pawn shop at whatever price they decide to sell them at.

Advantages of Pawning

Pawn loans are available to people with no credit, bad credit, or other financial problems since the loans are secured by collateral (whatever items you pawn).

That means pawn shops are a great place to get a loan with bad credit and no credit check.

Pawn shops are also able to provide you with a loan quickly, getting you the cash you want the same day (and often within minutes), but there are some downsides as well.

Downsides of Pawning

Pawn loans aren’t cheap, with a high interest rate placed on the loan to ensure that the pawn shop gets some value out of lending you their money for a limited time.

Pawn loans also don’t run for very long, with the average loan period ranging somewhere around just 90 days. That means you only get 3 months to pay back the loan before your items are taken from you, which for many people, simply won’t be enough time to come up with the funds.

And finally, pawn loans typically don’t provide much cash, with most loans ranging somewhere in the $100 to a few hundred dollars range. It is possible to get a larger loan from a pawn shop, but to do that, you’ve got to have more valuable items to pawn.

Alternatives to Pawning

If you need to raise money quickly, but don’t want to risk a family heirloom, then consider taking out a car title loan instead.

Car title loans are a form of secured personal loans that use the equity in your vehicle as collateral for a loan, allowing you to raise a great deal of money instantly.

Better yet, car title loans from Car Capital Financial don’t require you to stop using your vehicle throughout the course of the loan, meaning that you’ll get a cash loan, but still be able to drive your car, motorcycle, rv, boat or other titled vehicle as much as you like while you’re paying the loan back. Title loans are issued based on the borrower’s ability to repay the loan.

Car Capital Financial is Southern California’s leading auto title loans company and has offered safe, reliable and affordable title loans for over 15 years.

To get you the money you need in as little as 30 minutes, give us a call now at 1-888-500-9887.