How To Get A Car Loan With Bad Credit

By Saleem Rana 

Lesson Two:  The Loan Advisor Niche

This is a highly profitable niche, as you'll see when you review the CPC to the most sought after keywords.  This niche also has lots of sub-niches.  So you'll never run out of topics to research and write about.

In reviewing what articles I could write on loans, I noticed a demand for information on car loans.

So I did some content research and this is what I've written to add content to my keyword "car loan."

Below is a sample article.  And below that your keywords with CPC.

This article, based on some basic research, helps the visitor find information that can help them with their decision.  It also helps Google serve content relevant ads.  And it helps the advertiser find interested clients. 

How To Get A Car Loan With Bad Credit

By Saleem Rana 

You've found the car of your dreams.  But its still sitting on the showroom floor instead of outside your house.  What are you going to do?

Like 7 out of 10 car buyers, you don't have enough money in one lump sum to just go in there and hand over the cash in exchange for the car keys.

You decide to finance it.

Since you've never financed a car before, you do a Google search on the question of how to finance a new automobile.

Your search brings you to this page.

Here are several financing options for you.  Some can help you get a car loan even with bad credit.

Lending Institutions

Banks, credit unions, and other lending institutions offer special car loans.  The car itself will become collateral for the car loan.  If you default on your payment, the lender can repossess your car. 

The rates are reasonable.  They are also easy to get.

This is what you have to consider. 

The first thing to consider is the duration of the loan.  The longer the term, the lower your monthly installment.  However, the interest will also add up and you'll end up paying more for the car.  Alternatively, you can get a short-term loan, pay more per month, but less in total. 

The second thing to consider is your credit rating.  The better your credit score, the less you have to pay.  If it is not up to par, you can still get a loan, but because the lender considers it a higher risk your interest will be more.   

Dealer Financing  

Since most dealerships have contacts with numerous lending institutions, they can get a car loan for you.  If you have an outstanding credit history, you can even get a low or no interest loan.  This is because the car dealer has a vested interest in making sure you drive away with your new car.

This also makes them more competitive with traditional bank loans. 

As a bargaining chip, you can get pre-approved from your lending institution for a car loan before negotiating with the car dealership for their financing options. 

These loans are also relatively easy to get.  If your credit rating is low, you can still get it. Again, your interest rate will be higher.   

Home Equity Loans and Lines of Credit  

Owning a home allows you to either get a home equity loan or an equity line of credit.   

Home equity loans are fixed or adjustable rate loans.  You will repay them over a predetermined term. 

Home equity lines of credit are open-ended, adjustable-rate revolving loans.  Your credit limit is based on the equity of your property.

If you have a steady and reliable income these two options will work for you.  However, if you can't reliably predict your income due to various factors you risk losing your home. 

This type of loan has a lower interest rate than credit cards and personal loans.  Home equity loan interest payments may also be tax deductible. 

Credit Cards  

This should be your last resort because they carry the highest interest rates.  This is because these are unsecured loans.  Credit card companies entice customers by waiving cash-advance fees, low rates for a certain period, or offer high credit limits as a way to make you overlook the higher interest. 

Failure to pay on time or if you exceed your credit limit can result in a hefty fine. 

To help you drive off with your new car, credit card companies offer a credit card advance or credit card draft. 

Your Assignment: 

Reading this article, what value am I trying to offer the reader?

What keyword am I targeting?

How does my use of this content benefit the visitor, the advertiser, and the Google bot?

How can you multiply this idea many times over for your own profitable niche website?

Earn Money With Google Adsense
 

Summary

Now that we've got the basics covering how to develop this niche, the rest of the lessons are going to be an introduction to other high paying niches, an example of what makes good content, and high paying keywords for you to start making money right away.

We are going to be creating how to articles around the main themes. 

Niche One: How to build a website around profitable loan help related keywords.

Niche Two: How to build a website around profitable insurance help related keywords.

Niche Three: How to build a website around profitable mortgage help related keywords.

Niche Four: How to build a website around profitable legal help related keywords.

Niche Five: How to build a website around profitable credit help related keywords.

Now go to the top navigation links, click on lesson 3..