Transportation Assistance for Single Mothers

Every struggling single mother knows the agony of wondering whether to fill the gas tank or save that money for bills or groceries, Of course, you might have to fill the gas tank to actually go get the groceries, pay the bills or even visit the doctor. Every time the gas prices go up, she sighs a bit louder and tries to stretch that dollar a bit further. She wouldn’t be doing that if she knew about all of the transportation assistance for single mothers that is available.

Did you know that single mothers who have federally funded assistance medical assistance like Medicaid can take a cab for little or no cost to their doctor’s appointments? Some single mothers may have to pay a minimal fee (usually less than $5), but the Medicaid program will take care of the rest of the fee to and from the doctor’s appointment. If your child has Medicaid but you don’t, your ride is still covered because you are the parent of a minor child who is covered by this program.

There are other services available as well, depending on the area that you live in. Some of these services are funded by the state while others are funded locally or by private institutions. For example, some cities with public transportation offer a discount to those who meet the income qualifications.

Part of the problem may even be that you may be too focused on your status as a single mother. The fact that you are a mother and have at least one dependent aside from yourself means that your income is already somewhat limited. But, when you also fit into other groups, your opportunity for transportation assistance only grows. Continue Reading

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Obtaining Financing for Your New Car

For individuals who are looking to buy a new car by making use of a financing option, one of the main things to ensure is that one should first make arrangements for financing the new car purchase and then visit the dealers in the city for that particular car. If one is going to go for a financing option with the same dealer who is selling the car, then they might be taken for a ride. The interest rates charged by these car dealers on their financing options is far higher than the interest rates charged by a private or a public bank or a non banking financial institution. These car dealers make only a slight profit in actually selling the car buy they make a killing by asking their customers to opt for their own financing option by providing attractive gifts up front.

One important factor that determines the interest rates charged is your credit rating. A person with a good credit score is very likely to get financing at lower interest rates. If the financial institution doesn’t take in to consideration the current credit rating, then it is better to move to a different provider, which gives preference to those individuals with a very good credit rating.

Before actually deciding on the financing provider, one has to compare the services offered by different providers and then take a call based on the interest rates and low processing charges. Some institutions really make a killing by charging exorbitant fees as service charges. It is better to compare the processing charges of different service providers along with the interest rates and then select a financing option from a particular provider. Continue Reading

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