Dump Truck Financing – It’s Easier Than You Think
Financing a dump truck is different from financing a car, pickup truck, or any other vehicle. A dump truck buyer will probably find dump truck financing to be easier to get and more readily available than other types of commercial financing. For the most part, the reason for this is the high value of dump trucks and their high earning potential. Lenders still strictly view finance applications, but they are able to afford more flexibility in dump truck financing for these reasons.Lenders, in fact, are very aggressive in promoting dump truck financing. Obviously this is because loans for these trucks are profitable to lenders and are reliably serviced and paid by borrowers. This is an interesting distinction from most forms of commercial financing, and even most vehicle financing of any kind, in that vehicle loans can generally be hard to qualify for and secure. Dump truck loans, however, are seemingly more easily obtainable. Financing is available for both new and used dump trucks.Applicants for any kind of vehicle financing are normally screened as to creditworthiness. An applicant’s credit score will affect vehicle financing availability, as well as the rate and terms. The same is true with dump truck financing, but in fact many lenders feature financing targeted to buyers with bad credit. Credit is still an issue and lenders do qualify buyers in terms of credit, but buyers with bad credit are not excluded from financing. Given the high value of a dump truck and its potential profitability, lenders are able to extend credit to many buyers who might not normally qualify for vehicle financing due to credit.Lenders also stress the simplicity of applying for financing for these trucks, and looking at lenders’ websites, the process does seem simple. Applications are short, and lenders indicate that credit decisions are often made in one day or less. This is commercial financing, but financial statements are generally not required with an application. Applications seem to focus more on the type of equipment to be financed, and less on the party it is to be financed for. Lenders ask for details on the truck to be financed, such as type of truck, including standard, articulated, or transfer, make, model, and year, along with details on the bed and lift mechanism. Lenders also ask where the vehicle will be operated from, allowing even for the truck to be based at the owner’s home. Borrower details are also collected, including information on the operating company, if any, and details on the individual buyer or buyers. Social security numbers are taken from the individuals, and applications do require a release of credit information from the borrower. The applications are credit applications. Some applications, though, also ask the applicant to merely estimate his or her credit score or Fair Isaac Corporation (FICO) score.The hauling business can be a very profitable business. These types of trucks have the potential to earn very high incomes and create substantial cash flow for an operator. They also command high values, with new ones commonly selling for more than $200,000, and even used trucks three and four years old selling for $50,000 and more. Buyers needing financing will find financing to be available, even in the case of poor or bad credit. Of course, lenders are always strict in granting loan approvals as it is always necessary for a lender to have success in collecting loans. Still, given the unique business characteristics of these types of trucks, financing standards may be more flexible.
Computer Games Addiction
With the enormous rise in the popularity – and affordability – of computer games and equipment, computer games addiction is becoming increasingly more widespread. Added to the aforementioned facts, high speed internet connections and the reliability of these connections mean that internet gaming can be played continuously without loss of connection and this can also contribute significantly to the addiction.It is increasingly more common that online games players are spending more time in front of their computer, building their virtual characters and environments to higher levels thus competing with other online players. This addiction is a way for the person to escape from their regular life in the real world. Often, fantasy overcomes reality.We, as parents of these teens, or even young children, often find it a struggle to find methods that will return our child to a normal life. This is because treating this is not like treating other addictions because you cannot, usually, completely remove the computer from their lives. Schools, internet cafes and their friends are all areas where the source of their addiction can be found – the computer. In extreme cases, this can work with young children, however, with teens or adults, it is not really an option because they can usually acquire a computer themselves.There are several ways to determine if the person is suffering from computer games addiction. The first, and most significant warning sign, is if they are spending upwards of 6 hours a day in front of their computer playing games. Any changes in personality, for instance, irritability, bursts of anger, social withdrawal. These are usually good indicators that addiction is taking hold. The treatment of this addiction must begin immediately as soon as the warning signs are noticed.It may simply be that the computer game addict loses all track of time when playing his or her games. You can combat this sign of this by placing a simple timer close to their computer. Have it set for a set amount of time (usually, two hours is a good start). Suggest to the addict that once the timer goes off they should take a breather and do something else. Suggest that a walk in the sunshine and fresh air will clear their head and thoughts.Think on this!! Computer game addiction could be fatal. I have read a report where a young man was obsessed with playing a game on the computer. He lost his job because he took time off work to play his game. His girlfriend, who was also addicted to playing the game, finished with him because he was spending too much time at the game. He spent 50 hours playing non-stop in an internet cafe. He collapsed with exhaustion and dehydration and suffered a cardiac arrest. He died before he got to hospital.This is just one way in an attempt to cut down the amount of time spent by the addict at playing games on their computer. There are others and a bit of ingenuity will work wonders. While there is no quick, overnight cure for computer games addiction it must be realized that it is a long-term project which needs to be worked at on a day-to-day basis without fail.