Hello, my name is Tico Carreras and I am a sales professional working out of the Adams Suzuki dealership in Fallston, MD. I have been a
sales professional for over 30 years and still am committed to serving my customers with respect, direct and honestly. I look forward to the
opportunity to do a great job for you; in doing so I need your undivided attention and equal commitment to allow me the time to resolve
your financial situation.
Do you understand what good and bad credit really means? Let me share with you the difference;
A) Good credit is a rating awarded to a person that lives up to their commitment and responsibility. That's to say, you barrow money
and/or agree to pay for something within an agreed period of time. Hence, your credit score is given a rating indicating your worthiness to
be trusted as well as a good risk to invest into. The higher the credit score, the better the risk to lend to; call is a reward for completing
your obligation. Generally this type of customer has no problem getting the best possible rate available in the finance market. Well done I
say, well done.
B) Bad credit is a result of several unfortunate situations, some are unavoidable and others are self imposed. Let’s address the
unavoidable; situations that prevent you from meeting your obligations as a result of loosing a job, undergoing a divorce, tax lien, medical
condition or a lost of a family member all of which has left you broke or near bankrupted. These situations throw you into a financial tail
spin that puts you into a rob Peter to pay Paul scenario. Ultimately, your credit looses credibility and your opportunity to acquire a decent
deal goes out the window.
There is the self imposed bad credit, this is as a result of ignorance or negligence. However, some times it also derives form people who
are irresponsible and do not pay anyone for their goods or services.
The lending industry thrives on people that don’t pay or have difficult credit, because the state allows them to charge you the highest
possible rate of 23.99% APR. This is big money for them and an equally heavy burden on your pocket. But let’s face it, you can’t really
expect these institutions to feel for you and they don't even know who you are. The lending institutions establish a financial criteria to help
them determine the salary you need and that also limits how much you qualify for on a loan.
Now are you ready to start?
Armed with this basic understanding you are ready to start and I am ready to take you on the road to recover your credit and good name. In
order for me to move forward I will need several things from you, the first thing is your absolute commitment to answer my questions
accurately, with integrity and if you can't do that, then my efforts end right now. However, if you are honest with me and can support your
identity, provided the documents requested then I will go to bad for you with out any hesitation. Here is what I need from you;
1) A compete application for credit.
2) An application of a co-signer if one is available.
3) The most recent copy of your utility bill and phone bill.
4) A valid driver’s license.
5) Up to 6 personal references (complete name, address, telephone number, years known and relationship to you)
6) A letter of employment, indicating your date of hire, your position, your salary and your standing with the company. Your most
present the 2 most recent pay stub, (If during tax season your W-2 form).
Use this link to up load this application and instructions mentioned above.
As with all situations I want you to know that in almost every proposal, money is an issue. Having said that, you need to set aside money
to help yourself and offset the amount to you will financed? No money means your payments might be higher. Now, consider this; a
normal bank covers up to 80% of a loan, which means you need to cover the other 20%. A lender want to limit the investment and if you
don't put anything down, and they are taking all the risk, then you will pay the highest rate and payment as a result. By the way, here is a
news flash; if you bought a vehicle within the past 6 months or less your debt is higher that the vehicle is worth and I am sorry to say that
you might be in the hole for about 5 to 7thousand dollars worth of negative equity. This is another reason why you need money to improve
your situation.
You can let the chips fall where they fall, but if you don’t fight for your credit, no one will. Take an interest to do the right thing for your future
financial recovery. Did you know that buying a car is the fastest way to recover your credit?
I am looking forward to working with your deal and what I hope is a new or newer vehicle delivery.
Tico Carreras
sales professional for over 30 years and still am committed to serving my customers with respect, direct and honestly. I look forward to the
opportunity to do a great job for you; in doing so I need your undivided attention and equal commitment to allow me the time to resolve
your financial situation.
Do you understand what good and bad credit really means? Let me share with you the difference;
A) Good credit is a rating awarded to a person that lives up to their commitment and responsibility. That's to say, you barrow money
and/or agree to pay for something within an agreed period of time. Hence, your credit score is given a rating indicating your worthiness to
be trusted as well as a good risk to invest into. The higher the credit score, the better the risk to lend to; call is a reward for completing
your obligation. Generally this type of customer has no problem getting the best possible rate available in the finance market. Well done I
say, well done.
B) Bad credit is a result of several unfortunate situations, some are unavoidable and others are self imposed. Let’s address the
unavoidable; situations that prevent you from meeting your obligations as a result of loosing a job, undergoing a divorce, tax lien, medical
condition or a lost of a family member all of which has left you broke or near bankrupted. These situations throw you into a financial tail
spin that puts you into a rob Peter to pay Paul scenario. Ultimately, your credit looses credibility and your opportunity to acquire a decent
deal goes out the window.
There is the self imposed bad credit, this is as a result of ignorance or negligence. However, some times it also derives form people who
are irresponsible and do not pay anyone for their goods or services.
The lending industry thrives on people that don’t pay or have difficult credit, because the state allows them to charge you the highest
possible rate of 23.99% APR. This is big money for them and an equally heavy burden on your pocket. But let’s face it, you can’t really
expect these institutions to feel for you and they don't even know who you are. The lending institutions establish a financial criteria to help
them determine the salary you need and that also limits how much you qualify for on a loan.
Now are you ready to start?
Armed with this basic understanding you are ready to start and I am ready to take you on the road to recover your credit and good name. In
order for me to move forward I will need several things from you, the first thing is your absolute commitment to answer my questions
accurately, with integrity and if you can't do that, then my efforts end right now. However, if you are honest with me and can support your
identity, provided the documents requested then I will go to bad for you with out any hesitation. Here is what I need from you;
1) A compete application for credit.
2) An application of a co-signer if one is available.
3) The most recent copy of your utility bill and phone bill.
4) A valid driver’s license.
5) Up to 6 personal references (complete name, address, telephone number, years known and relationship to you)
6) A letter of employment, indicating your date of hire, your position, your salary and your standing with the company. Your most
present the 2 most recent pay stub, (If during tax season your W-2 form).
Use this link to up load this application and instructions mentioned above.
As with all situations I want you to know that in almost every proposal, money is an issue. Having said that, you need to set aside money
to help yourself and offset the amount to you will financed? No money means your payments might be higher. Now, consider this; a
normal bank covers up to 80% of a loan, which means you need to cover the other 20%. A lender want to limit the investment and if you
don't put anything down, and they are taking all the risk, then you will pay the highest rate and payment as a result. By the way, here is a
news flash; if you bought a vehicle within the past 6 months or less your debt is higher that the vehicle is worth and I am sorry to say that
you might be in the hole for about 5 to 7thousand dollars worth of negative equity. This is another reason why you need money to improve
your situation.
You can let the chips fall where they fall, but if you don’t fight for your credit, no one will. Take an interest to do the right thing for your future
financial recovery. Did you know that buying a car is the fastest way to recover your credit?
I am looking forward to working with your deal and what I hope is a new or newer vehicle delivery.
Tico Carreras
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| Use this calculator to estimate your proposed payments. It should work out to an average that every 1000 dollars factors to 20 dollars per payment on a 5 year term. Use that as a guide and not the rule. Loan amount box: Put the total of the sale price, plus add 6 % for MD tax and add an additional $380 for title, tag and registration fees. Interest rate: Put the figure you believe you will be charged as an interest rate. Term: Use the number of years you believe you will finance the vehicle for (3, 4, 5, or 6). Monthly payment: This is what your proposed monthly payment could be. *The State of Maryland allows lenders to charge up to 23.99% APR for hard credit customers. Such customers would have a bankruptcy, repossession, over 30, 60 or 90 days late payments or even charge offs. However, each customer has a unique situation and will require special consideration. The table on the left has been provided to allow you the opportunity to see where your payment may end up, simply plug in the amount to finance, the interest rate and the years to finance it, it will display an approximate payment. Where would you score? |
Retired USMC, but still serving