How to Choose a Car Finance Broker – Some Useful Tips

Financing a car is a very important process and today with the availability of numerous car finance brokers it has become an easy option to get secure car loans. Today these car finance brokers are also playing a vital role in assisting car buyers. In fact, consulting and taking help of car broker can definitely be most appropriate option if you don’t have any clue about what to look at according to your budget. A finance broker is the most experienced personnel and clued-up on how to approach the financiers in a way that can persuade them to approve the loan. They usually have good relations and reputation with the lenders as being reliable, and so they know which lenders are likely to be open to a client.

In general, they act as the key source and offer services such as finding a used or brand new car model that the customer wants and within a budget range. At times, these car brokers even assist car buyers in negotiating with a used car seller. However, these days there are many car finance services and making a proper selection is turning out to be a very complicated process. You need to understand that not all car finance services are fair. Therefore, if you are looking to finance a car or choose a car financing service then here are a few important points that you should keep in mind while making a selection:


You must confirm whether your car finance consultant or broker is a member of FBAA or COSL or both of these industry associations. While Finance Brokers’ Association of Australia Ltd. (FBAA) is one of Australia’s leading membership bodies for finance broking professionals, the Credit Ombudsman Service Limited (COSL) is an independent organisation that is mainly indulged in handling complaints about finance brokers. You can easily confirm finance consultant’s membership by searching through their member list. Adding to this, WA Finance Broker License is yet another additional requirement for finance brokers serving in Western Australia. Nevertheless, if you are looking for finance broker and residing in the state of WA or other states of Australia, it is essential that the broker must hold a WA Finance Broker License. A broker holding WA Finance Broker License entails passing a comprehensive range of checks, educational requirements and operational requirements.


While selecting a car finance broker also ensure you know about their range of lender accreditations. The range of accreditations held by a broker governs the range of options they can offer. You must note that a broker’s accreditation can not just change the range of finance options available to you, but it may even affect the quality of those options.

Experienced Staff

You must choose car finance service that recruits and retains professional and knowledgeable staff. The broker must be an experienced professional who can demonstrate and explain about why a particular product is highly recommended or even suites your specific circumstance. If possible make sure you even ask for testimonials from previous clients that in turn may help you in the confirmation of their experience.

Services Offered

As mentioned earlier, today there are many finance services available in the market. Therefore, you must find out more about any extra service that a broker can provide. You should expect your finance consultant to supply detailed information about timeframes, and any fees or extra charges related with your finance. The key point is if a broker is being able to clarify the comparison rate of your recommended vehicle finance and the overall cost of your finance package then it is quality sign of a good finance broker.

These are some important points that can help you in choosing your car finance services easily. Today a lot of responsibility goes along with buying a car and taking financial help through car broker. Just taking care of few essential steps can help you select your car broker and further purchase a nice new or used car.

Requirements For Getting A Private Pilot License

Getting a pilot license is a very fun and rewarding experience. There are guidelines set by the FAA that explain what you have to do in order to get a private pilot license. The basic requirements for a pilot license are as follows:

Medical Certificate – You must pass the basic medical exam that all applicants are required to undergo, certifying that you meet the medical standards for safely operating an aircraft. More details about the medical certificate are discussed below.

Age – You must be at least 16 years old to fly an airplane solo (by yourself) with a student pilot certificate, and 17 years old to get a private pilot license. There is no upper age limit, provided that you are healthy enough to pass the basic medical exam.

Language – As a private pilot, you have to be able to read, speak, and understand English (the international language of aviation).

Time – A private license requires a minimum of 40 hours of total flight time, with the national average around 65 hours before the final check ride, as well as extra time for study on the ground in preparation for an FAA written test. The length of your training depends in part on how much time you devote to it. Concentrated full-time programs can be completed in as few as two weeks or a month, while a part-time student typically takes between four and six months of flying a few times a week.

Money – You can learn to fly [] on a budget even still, it is not a cheap undertaking. If you train part-time at a local airport, for example, plan on investing in the range of $4,000 to $6,000, with costs varying widely by region. It is a good idea to consider whether you have the funds to start training and reach your goal within a reasonable time period. Someone who flies a few times a week keeps what they have just learned fresh in their mind. Each lesson allows new topics to be introduced. However, flying only a couple times a month may have you relearning some of the material from the previous lesson. In this case, not only will it take you longer (on the calendar) to get your license, but it might take more flight training hours to get ready for your checkride as well. But as long as you are having fun, it will be well worth it in the end. Keep in mind that you do not need to pay for all of your flight training up front. Most flight schools let you pay as you go, although you might get a price break by paying for a block of lessons in advance. Another way to pay for your training is through financing. When you learn to fly at a Cessna pilot center, you’re eligible for a Sallie Mae Financial Corporation professional education loan – affordable financial aid from the nation’s leader in educational financing ( It’s easy to qualify, your rate can be as low as Prime +1%, and you can make interest-only payments (as low as $75 per month) until your training is complete. Generally, for students, there is financing available through Sallie Mae Company, Pilot Finance, and Key Bank. Many students also use local banks for flight training loans.

Another way to reduce your costs once you have your license is to share time with other pilots. There are many people who are looking to fly and build time and experience. Most of the time, it is very easy once you are a pilot to find other pilots who will gladly share in the expense of the flight just for the flight hours. Money is one of the largest obstacles to becoming a pilot. That is why so many people put it at the top of their list of questions when considering flying. You should be concerned with the cost, but ask yourself this question: What is it worth to you to learn to fly safely? For me, it was well worth it.

Bootstrap Financing Your Way to Business Success

Do you need to start or grow your business but have
little money? Before you look to banks and similar
sources of financing, why not bootstrap your way to
business success?

A bootstrap is a small loop of leather or other
material that is found on the top rear or sides of a
boot. The purpose of the bootstrap is to help you
pull your boot on.

In business, bootstrapping has come to mean helping
oneself without seeking outside help. It means using
your own resources to finance, promote, and develop
your business.

Here, then, are some ways of financing your own
business by using your own initiative and depending
less on outside bank financing.

1. Operate a Home-Based Business

Operating your business from home could save you a
fortune. First of all, you eliminate the costs of
expensive commercial rent, commuting, et cetera.

As well, your business use of home expenses would be
deductible for income tax purposes. Since your home
is your base of operations, your travel and automotive
expenses from your home to clients would be deductible.

2. Accept Credit Cards

Rather than financing receivables and assuming the risk
for bad debts, why not accept credit card payments?