Your Checklist for Getting an Auto Loan in Montebello

This content is brought to you by Camino Federal Credit Union. For information or to apply for an auto loan, visit us online at caminofcu.org.

Before getting an auto loan, youll need to prepare — not only for the expense of a car but also for the application. If you live in Montebello, Calif., you can use this checklist to help you get a competitive deal on your next auto loan and car. Whether you are a first-time car buyer or youre shopping for your next car, when looking for auto loans in Montebello, keep these tips in mind.

10 Steps to Get a Car and an Auto Loan in Montebello
1. Consider Your Car Budget

Dennis Umeda, director of marketing at Camino Federal Credit Union, recommended car buyers consider how much they think they can afford to spend on a vehicle. Dont forget to consider related costs, like insurance, maintenance and gas. Once you have decided on a reasonable budget, youll want to research vehicle features that suit your particular needs.

2. Calculate Your Monthly Car Payments

Using an auto loan calculator can give you a realistic idea of how much car you can afford. You can also figure out what auto loan terms work best for you. While you might be itching for aggressive loan terms, your monthly budget might not be able to accommodate the higher payments youll need to make on a 24- or 36-month loan.

Montebello auto loan lenders offer a variety of term lengths. Camino Federal Credit Union, for example, has terms up to 72 months.

3. Work With Local Auto Loan Lenders

A local lender might be able to offer you more competitive loan terms. Working with a nearby bank or credit union might also get you better customer service. Camino Federal Credit Union, for instance, offers in-house approvals on auto loans for faster service.

4. Improve Your Credit for Better Loan Rates

Your credit score is one of the most important factors your lender will consider when you apply for an auto loan. Make sure you maintain a strong credit history by making on-time payments and keeping your debt-to-income ratio low.

5. Test Drive Cars (and Lenders)

Once you are confident about the kind of car you can afford, start test driving vehicles. Even if you havent decided on a car, you can also start shopping local lenders. Find out which dealers and lenders offer competitive loan features. If you have an upside-down auto loan, for instance, you might want to find a lender who can offer 125 percent financing on your car purchase.

6. Gather Required Paperwork

Any lender that you talk to will need paperwork that proves your creditworthiness. When applying for an auto loan, Umeda recommended bringing the following documents with you:

  • Proof of income
  • Vehicle Information
  • Auto insurance verification
  • Bank statements

Speak with your local lender to learn what specific documents you will need to bring. Having your financial information on hand can save you and your lender time during the application process.

7. Save for Your Down Payment

Your down payment will impact how much money you need to borrow for your next car. If you can, take a few months to save up a reasonable down payment for your next car purchase. You might benefit from lower rates, more reasonable terms and smaller monthly payments. A large down payment also makes you look like a trustworthy borrower, meaning youll be more likely to get approved for an auto loan.

8. Research Rates on Auto Loans in Montebello

Your interest rate will be one of the most significant factors in determining your payment amount, second only to the price of the car. If you have less-than-stellar credit, you might find better rates at a credit union. Camino Federal Credit Union has first-time and second-chance auto buyer programs, said Umeda.

Read: How to Get Preapproved for an Auto Loan With Bad Credit

9. Get a Preapproved Auto Loan

For greater negotiating power when youre buying a car, you can get preapproved for your auto loan. If you have a strict price range for your next car, a preapproved loan will ensure you stick to your budget.

10. Buy Your Car in Montebello

After test driving cars and securing financing, youll want to secure your purchase. Take time to negotiate with the seller. If you can, print out sales listings for similar cars in the area to prove you know what your car is worth. Most of all, be patient and levelheaded.

While securing financing and buying a car can take some time, doing your research beforehand can save you hundreds to thousands of dollars on your vehicle purchase. Follow these steps to help you land a competitive deal.

Program pumps up college students

CHULA VISTA Phil Blair, the CEO of employment staffing agency Manpower, recently taught about 50 teens and 20-somethings a hard lesson about getting work.

While shaking the hands of first- and second-generation college students on Monday, he repeated over and over, “You didn’t get the job.”

The lesson: first impressions can be the difference between paying your bills and unemployment.

Even if they graduate from college with a degree, it’s the soft skills like eye contact, standing up, speaking up and giving a firm handshake that can make or break you, he said.

Blair was one of a few guests who inspired and encouraged local graduates to finish college, now that they’ve become the first in their families to graduate from high school.

The College Bound Conference included a half-day of workshops at Chula Vista City Hall and focused on creating the foundation of success through study skills, resources and self-care.

The program was coordinated by South Bay Community Services for Chula Vista Promise Neighborhood, a program created to focus on family, education, health and community for children in the Castle Park neighborhood to excel in school, enter college, find good jobs and lead healthy lives.

The educational component of the program focuses on breaking the cycle of poverty with the goal to support children from birth to college, while creating a community that supports and values education.

The workshops were meant to help prepare students for fall college classes at local and state two-and four-year institutions, including Southwestern College, San Diego State and San Francisco State.

A total of 174 first- and second-generation college students are in the program.

Alma Lopez, 18, graduated from Castle Park High and is starting her second semester at Cal State Dominguez Hills this fall.

Lopez credits her father with her graduation from high school.

“My dad gave me a map of what not to do,” she said. “He always knew that I was going to be successful and that’s what helped me to have confidence in myself.”

Lopez wants to study sociology to better her community.

“My family grew up in the Chula Vista area, and I’ve seen how a lot of them have struggled … some of them were in gangs and were on drugs and I know how easy it can be to become a victim of society,” she said. “I want people to know that education is power and education is the way out.”

Lopez said that although she was peer pressured throughout high school, she didn’t let it get to her.

“I knew I had a destination in life and that’s to not be how my family was or to fall into those traps because it’s very easy,” she said.

Lopez is one of 20 Chula Vista Promise college ambassadors, a position she applied for through her academic advocate.

Advocates are Chula Vista Promise mentors assigned to students grades 7-12 and continue with them through college.

“As an ambassador I get to represent my college and set an example to my community,” she said. “It’s the most exciting, life-changing thing I’ve done.”

Chula Vista Mayor Mary Casillas Salas told students that education, which she returned to at 37, transformed her life from a stay-at-home mom to a recognizable player in politics and government.

“When you go to college you have more options available to you,” she said. “I think that the most important thing that I learned about going to college was that college is all about creating power within yourself.”

Obama College Ratings Plan To Include Graduates’ Earnings Data

The Education Department also intends to use information fromthe Social Security Administrations database to complement records from the departments NSLDS database to publicly report students earnings by college, according to the May 21 document. Some colleges have previously reported their graduates earnings using surveys, but policymakers dont consider them particularly accurate.

In Canada, You Can Pay for College With Frequent-Flyer Miles

All those frequent-flyer points can pile up, especially now that airlines are making it harder than ever to redeem them for flights.

Why not spend them on something really useful–such as a college education?

Through its partnership with Toronto-based HigherEdPoints, Air Canadas loyalty program, Aeroplan, letsmembers use miles for tuition–and sometimes room and board–at 70colleges and universities in Canada. Aeroplan members can redeem 35,000 miles to buy a $250 certificate that is credited directly to a students account.

Melbourne property developments from just $2000 with Real Estate Equity …

  • RELATED: Investing in an inflated market – When is it worth buying and when to walk away?

While real estate is a great asset to invest in, unfortunately, being able to invest in property generally requires significant funds, making it out of reach for many aspirational investors. What a real estate equity crowdfunding platform like Estate Baron does is it makes profitable commercial and residential projects open to anyone with just a few thousand dollars.

Estate Baron connects property investors directly with developers and institutional quality development opportunities. There’s no need for brokers, salespeople, agents or other middlemen. Investors can then choose to invest in projects based on the anticipated return, time frame, location, developer and other criteria.

Estate Baron’s Co-founder, Moresh Kokane, is an engineer who has worked in the finance and tech industries for the last decade, and has previously created two start-ups.

“Crowdfunding will change the way Australians buy and fund property. I’ve followed the rise of crowdfunding sites such as Realty Mogul and Fundrise in the US, and Australia is ripe for this sort of disruption in property finance,” said Moresh.

“With a 10.3% increase in Melbourne houses or more than $62,000 in 12 months many people are locked out of the market, they can’t save a deposit fast enough. We’re focused on the investor, not the developer. I want to make property investment accessible to everyone, not just the very rich,” he added.

He further added that: “Our model is different. Estate Baron has a huge advantage in that we are the first to offer property crowdfunding on the back of a full Public Disclosure Statement and a Retail Australian Financial Services License, which means we have no restriction on the number of investors for each project or the minimum amount which can be invested.”

“Every project is rigorously scrutinised and approved by our industry partners before it becomes a public offering and every project’s funding is fully underwritten, so there is no danger of it not proceeding”, said Moresh.

To begin with, Estate Baron is offering projects in Melbourne, with sites that can be visited in person for those seeking additional peace of mind. Investors can see a list of all live development opportunities which are investment-ready on the company’s website. Since its launch a few months ago, Estate Baron has raised more than $610K in crowdfunding for projects listed on its platform and has 362 local investors to date.

Samsung Galaxy S6 vs Galaxy S6 Edge comparison review

Like Apple, Samsung has two versions of its flagship smartphone, the Galaxy S6 and Galaxy S6 Edge. But whats the difference? Find out in our Samsung Galaxy S6 vs Galaxy S6 Edge comparison review including price, specs, hardware, design, screen, battery life, performance and more. Also see:Best smartphones 2015andBest Android phones 2015.

Samsung Galaxy S6 vs Galaxy S6 Edge review: Price

Now available across the UK from retailers and mobile networks, Samsungs new flagship smartphone fetch a high price. The regular Galaxy S6 is more expensive than rivals at pound;599 and the Galaxy S6 Edge will set you back a whopping pound;680 making it one of the most pricy smartphone on the market. Even more on Samsungs website but now the devices have been out for a while, you can find them for less but the price difference is still there.

So theres a reasonable price difference here so read on to find out whether its worth splashing the cash to get the dual edge version of the Galaxy S6 or not. Well look at design, build, hardware, performance, battery life and software.

Samsung Galaxy S6 vs Galaxy S6 Edge review: Design

The Galaxy S6 Edge looks almost identical to the regular Galaxy S6, as youd expect. They use a metal frame reminiscent of the iPhone 6 and Gorilla Glass 4 front and back. However, the S6 Edge has a curved screen which wraps both sides. They are both available in black, white and gold but each has an exclusive colour: blue topaz for the regular S6 and emerald green for the S6 Edge with the latter our favourite of them all.

With just a couple of colours and the curved sides separating the two on design, its no surprise that they are almost identical on dimensions. The Galaxy S6 is a tiny bit thinner at 6.8mm compared to 7mm (7- and 7.2mm by our measurements) but its the S6 Edge which is the lighter handset at 132g which is 6g less than its brother. Its worth noting that the thickness doesnt include the camera which sticks out on both.

Those minor differences aside, its the regular Galaxy S6 which is far more comfortable in use. The Edge model is sharp down the sides and the metal frame doesnt sit flush with the glass next to the ear piece which cuts into your ear while making phone calls somewhat.

No matter which model you choose, Samsungs new design means no removable battery or microSD card slot plus the device is no longer dust- or waterproof. Three things which Galaxy fans will probably not like to hear.

Samsung Galaxy S6 Edge hands-on review: Hardware

Almost everything on the spec sheet for the Galaxy S6 and Galaxy S6 Edge is the same. This means that either way youll get a 5.1in SuperAMOLED Quad HD screen, Exynos 7420 octa-core processor (quad-core 1.5 GHz Cortex-A53 and quad-core 2.1 GHz Cortex-A57), 3 GB of RAM and a Mali-T760 GPU.

Benchmark results (below) are understandably close although were not sure why the Edge managed to outscore its brother across the board. Nevertheless, performance is slick on both devices so look elsewhere to make a decision.

Theres also dual-band 11ac Wi-Fi, Bluetooth 4.1 with atpX, NFC, IR blaster and Cat 6 4G LTE support with Samsungs Download Booster. The heart rate monitor remains on the back and the fingerprint scanner just requires a touch rather than a swipe.

Cameras are also the same at 16 Mp on the rear with OIS and 5 Mp at the front. Youll get Android 5.0 Lollipop with the latest TouchWiz user interface and the only software difference is what the dual edge can do. So what is the difference between the Galaxy S6 and Galaxy S6 Edge?

Well before we explain what the dual edge screen does compared to the regular one, there are a couple of small hardware differences to note relating to storage and battery.

Storage

While the regular Galaxy S6 comes in 32-, 64- and 128 GB capacities, the Edge only comes in 64- or 128 GB (as mentioned earlier, theres no microSD card slot anymore).

Battery life

In the battery department, the Galaxy S6 Edge is 50 mAh higher at 2600 mAh. Wireless charging is a new feature and Samsung touts four hours usage from 10 minutes charging. When it comes down to it, its no surprise that theres really no difference in energy performance with both devices lasting a couple of days. Our battery benchmark results from Geekbench 3 are closely matched.

Screen

Weve already seen an edge screen on the Galaxy Note Edge but while that just wrapped around the right-hand edge, the Galaxy S6 Edge does both. Samsung understandably calls it the dual edge so this is the reason (apart from the green colour) to buy the Edge over the regular Galaxy S6. But should you?

Apart from looking great, its more about what the dual edge can offer and after some hands-on time with the device we realised it doesnt actually do all that much. You dont get an extra bar there in regular use like on the Note Edge to show icons and the like.

You can choose which side to use so left handed users will be happy but for most features it seems silly to limit it to just one side. What if that side happens to be facing away from you because of how you put the phone down or you just like to use the phone with either hand?

Once youve chosen which side you want to use, you can get notifications on it and a clock during the night. However, the main feature is called People Edge. When switched on this adds a little grey bar to the side which you can swipe to open your favourite contacts to easily call or txt them.

Thats cool and this will assign them colour codes so when a contact calls the edge screen will light up that colour so you know who it is. It sounds good but is designed to work when the device is face down on a flat surface which were pretty sure no one does. It makes more sense with a case but we havent seen any for the Galaxy S6 Edge

Apart from the gorgeous bezel-free look of the S6 Edge compared to the regular model, were not convinced its worth the extra money. There are only a handful of functions and while this may change over time with software updates its an unknown and no guarantee.

Nirvana to expand on back of SET







Maples Teesdale bolsters property finance team with two new partners

Specialist commercial real estate practice Maples Teesdale has recruited two new partners within its growing property finance team. Ajoy Bose-Mallick and Chen Ikeogu are the latest in a series of senior lateral hires made by the City-based firm in response to recent growth and ambitious new business targets.

Nedbank fights property probe

INDEPENDENT MEDIA
Nedbank chief Mike Brown was subpoenaed to testify last month at the inquiry into the liquidation and subsequent deregistration of Waterkloofspruit Projects. Photo: Simphiwe Mbokazi

Johannesburg – Nedbank and its chief executive Mike Brown have lodged a High Court application to stop a confidential Section 417/418 Companies Act inquiry into the liquidation of a property company and set aside the summons ordering Brown to testify.

This follows Brown being subpoenaed to testify last month at the inquiry into the liquidation and subsequent deregistration of Waterkloofspruit Projects, the developer of a 211-stand upmarket residential project known as Waterkloof Boulevard in Waterkloof in Pretoria in 2001.

The inquiry relates to an alleged property scam and was being held as part of the process of a more than R500 million damages claim.

Brown did not appear at the inquiry last month.

The bank’s legal representative told the inquiry commissioner Charles Stewart that they intended to bring a High Court application to set aside the inquiry and the subpoena issued to Brown.

Brown was subpoenaed because he was previously the head of BOE’s property finance division, the bond holder over certain properties in the Waterkloof Boulevard project.

Winding up order

BOE, which was taken over by Nedbank in 2002, placed Waterkloofspruit Projects under a winding up order because it could not pay its debts.

It is alleged BOE conspired and colluded with liquidators Arno Cronje and Enver Motala and Sterling Auctioneers to acquire, during the liquidation sale, the 137 unsold stands in Waterkloof Boulevard for a total of R100 000.

This amounted to an average price of R730 a stand.

An offer of R20 million for the stands was allegedly made prior to the liquidation sale and it was claimed the collective real market value of the individual properties was more than R40m.

It previously also alleged the auction was a sham and was not advertised in the Government Gazette as required by law.

Both Nedbank and Brown previously denied the allegations of wrongdoing.

Waterkloofspruit Projects was previously wholly-owned by former listed property company Gilboa Properties, which in May 2001 ceded all its rights, title and interest and all claims it had in Waterkloofspruit Projects in respect of the Waterkloof Boulevard project to the CMT Trust, a family trust.

Hillcrest Village, now in liquidation, was the owner of the Gilboa Building.

The liquidators of Hillcrest Village were granted an order in the Pretoria High Court in 2010 to convene an inquiry in terms of Section 417/418 of the Companies Act.

This inquiry commenced in 2010 and was postponed indefinitely but has been reconvened.

Edward de la Pierre, the former chairman of Gilboa and former director of Hillcrest Village and trustee of the CMT Trust, has accused BOE through the actions of certain of its employees of colluding with liquidators Cronje and Motala.

De la Pierre also alleged that BOE and certain of its employees masterminded a property repossession scam that was responsible for the demise of Waterkloofspruit Projects and Gilboa Properties, which in turn caused the damages suffered by Hillcrest Village and the CMT Trust.

Delayed

De la Pierre confirmed yesterday that Nedbank and Brown had lodged a High Court application against the liquidators of Hillcrest Village in liquidation, the commissioner of the inquiry, and the Master of the North Gauteng High Court in Pretoria.

It is really a pity the matter is yet again being delayed. It will, however, not change what occurred in the past.

Eventually Nedbank will have to face and accept the truth of their rogue employees’ actions, he said.

De la Pierre added that instead of attending the inquiry to answer questions regarding the demise of Waterkloofspruit Projects in 2001, which he claimed was done illegally, and the subsequent repercussions on Hillcrest Village by parties that no longer worked for Nedbank, Brown had again chosen to take the long route by bringing a High Court application.

Judge NM Mavundla in a 2008 judgment declared the dissolution of Waterkloofspruit Projects void and found overwhelming evidence of fraud or collusion.

The Supreme Court of Appeal in 2009 upheld Nedbank’s appeal against this judgment.

Nedbank shares on the JSE were yesterday quoted at the close up 1.54 percent at R257.80.

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Honda Pays Back Blacks and Latinos for Racist Auto Loans

Thousands of Black, Latino, and other ethnic minorities will be paid US$24 million by Honda for charging them higher interest rates on auto loans than white customers, US regulators said Tuesday.

According to the US Justice Department Honda charged thousands of Black, Latino, Asian, and Pacific Island borrowers $250 more over the life of an auto loan simply because of their race and/or ethnicity.

Hondas financing practices that allowed dealerships to mark up individual loans resulted in illegal discrimination, with minority car buyers paying more for their loans than non-minority buyers with similar credit histories, said US Attorney Eileen M. Decker of the Central District of California.

RELATED:Fighting Racism in the US Criminal Justice System

The financing arm of Honda Motor Corp. agreed to the payment and said they would also change its pricing and compensation system to reduce the potential for discrimination.

In addition, Honda agreed to spend US$1 million on a financial education program on auto loans for minorities.

The company said it disagreed with how the regulators determined discrimination, but we nonetheless share a fundamental agreement in the importance of fair lending.