4 Car Upgrades Worth the Cost

car upgrade

Do you want to improve your car’s cosmetic appearance and performance? Are you considering spending some money on certain upgrades? It’s important to think about which choices are financially wise; which things are actually worth the cost of the upgrade. While it can be fun to add unique cosmetic details, you’ll usually get more for your money with improvements that improve your car’s performance and safety. Continue reading 4 Car Upgrades Worth the Cost

Automobile credit in the US

Automobile credit

Every family needs a vehicle or two

Recently motor vehicle debt in the US has for the first time exceeded $1 trillion. Honestly what would the US citizen be without his motor vehicle? This is a very large country and in order to get to any place it is essential to have transportation. Likewise to get to your place of employment it is necessary to have reliable transport. Then the mother also needs a vehicle to get the children to school or to other activities in which they may be participating. Continue reading Automobile credit in the US

How to approach motor vehicle debt

motor debt

There are some precautions to take

It is frequently seen among US consumers that it is those people who are already struggling to survive in a difficult economy who is mostly the ones that is making motor vehicle purchases which they actually cannot afford. The problem is that there are many motor vehicle dealers who will make use of every trick in the book to target especially those US citizens who are already struggling financially and they are hooking them with the possibility of ownership of a new vehicle which to many is a very strong temptation and therefore they commit themselves to an enterprise which is in many cases doomed to failure from the start. Continue reading How to approach motor vehicle debt

Pressure on the US consumer

us consumer

Increased spending

There are two expenditures which has shown a substantial increase over the last year or two and that is vehicle purchases and student loans. During this time however there was some decrease in credit card debts and in some ways this had a negative impact on overall economic growth so far this year. There has been an increase in consumer borrowing which has now reached a total of over $2.7 trillion which is apparently the highest level on record. Continue reading Pressure on the US consumer