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Saturday, November 21, 2015

Checking your credit report could help realise your dreams of travelling in a new motor

Posted by adilrazanaqvi 93

Checking your credit report could help realize your dreams of travelling in a new motor

motor city travel

Do you dream of exploring the open road, or going away for a romantic spring break – where travelling’s involved, the possibilities are endless. But once you’ve decided on the car you want to take you there, there are a few things to look out for to ensure you’re getting your money’s worth. Here are a few tips:Check your credit report You may already be thinking about the make and model, color or great benefits of the car you’ve got your eye on, but checking your financial history and credit file is an essential first step when you’re thinking about making a big investment, or credit commitment.According to Experience, a third of Britons are looking to invest in a new car this year, but some of them could be hampered by a bad credit report and may never have bothered to check their own credit scores.In fact, many have had holiday aspirations or luxury travel dreams axed because they weren’t aware of their own credit history. A bad credit report could be caused by a number of reasons, including simple administrative error, or old bills going missing in the post.Luckily, you can do this by checking your credit report with Experience's 30 day trial. Go to site. The original source of this article can be found here.Resale According to a survey by AA, silver and black colored cars are the easiest to sell on when the time comes. Extras such as built-in sat nav may sound like a great idea, especially when you’re exploring far away places, but they go out of date faster than you’d think and won’t help much when it comes to reselling.Manual vs automatic. Although around 75 per cent of cars sold in the UK are manual, automatic cars are slowly increasing in popularity. Bear in mind that if you do go for an automatic, it could use up to 10 per cent extra fuel and could cost even more to maintain – not great if you break down on your travels, and just think about what you could spend the extra fuel money on instead. Manuals are generally cheaper to run, so if you’re concerned about money, it’s probably the smartest choice. Practicality, As for the car, you may fantasies about owning a Lotus, Ferrari or Aston Martin for cruising unknown territory, or owning a luxurious soft-top for warmer climates, but for many of us, the reality is often a more practical option, such as a Ford Fiesta or Ford Focus. They are also generally more affordable, too, which brings us onto the next consideration. Price Before going in all guns blazing (not literally), it’s worth shopping around for the best prices and finding out which models are in your price range. Sit down and work out exactly how much you can afford to spend on a car, and how much you really want to pay, before even going near a showroom. If like many buyers you’ll be relying on finance or a personal loan, think carefully and realistically about your repayments before you sign anything. Getting into bad debt now could affect your chances of securing credit in the future, and will reflect badly on your credit report.In fact, there are many reasons to keep an eye on your credit report, especially if you currently have financial commitments or may be planning on applying for credit in future. Experian’s credit report service can also alert you to any changes or problems in your report as they occur, meaning you’ll always be in control – wherever in the world you may find yourself.