Hide Notes 

Slide 1: Don’t let your car shed your reputation © Auto Relief Group http://autoreliefgroup.com
Slide 2: How to Invest Wisely ? In 2010 more and more people will opt for all kinds of loan from home to estate to auto. While the economic crisis has just brushed away the sinking market, it’s time to invest wisely. And as Obama keeps some of us sailing through our past hefty home loans through his “Mortgage Modification Program,” it’s important that you don’t lose your FICO scores in other acquired loans such as Auto. © Auto Relief Group http://autoreliefgroup.com
Slide 3: How To Maximize Your Credit Score 35%, punctuality of payment in the past (only includes payments later than 30 days past due) 30%, the amount of debt, expressed as the ratio of current revolving debt (credit card balances, etc.) to total available revolving credit (credit limits) 15%, length of credit history 10%, types of credit used (installment, revolving, consumer finance) 10%, recent search for credit and/or amount of credit obtained recently © Auto Relief Group http://autoreliefgroup.com
Slide 4: How To Maximize Your Credit Score… FICO scores represent the credit worthiness of a person and his or her position to pay back the debts. Credit scores are calculated to gauge the risk of default by considering and taking in account of various factors of a person’s financial history. However, the actual formulae to understand the credit score is highly guarded, FICO has revealed the mechanism and components with which they provide weight age for each category; where the highest component of FICO i.e. 35% includes card or automobile loan. © Auto Relief Group http://autoreliefgroup.com
Slide 5: The Higher Score = The Lower The Risk ed with w cr lo on a ve to pers h a who for au ared to e pl peo applies e comp r ky fo when est rat is ite r score inter qu are credit higher s loan h low for a to it Au ify on w ld qual . pers wou rd d ca n loa score d goo s core it s .A © Auto Relief Group http://autoreliefgroup.com
Slide 6: Solution: Auto Loan Modification • • • Auto Relief Group helps their customers in reducing the interest rate. Extending the length of the loan while reducing the individual payments Assist the consumers renegotiate their car loan or lease, avoid repossession and maintain ownership of their vehicle. Working directly with lenders to modify loans. This increases the chance of paying for how much our vehicle is worth for. Auto Relief Group “It’s not only about money but the ability to manage it, and more importantly to have a reputation via financial stability” • • © Auto Relief Group http://autoreliefgroup.com
Slide 7: © Auto Relief Group http://autoreliefgroup.com