OneMain Financial: How to Pay for an Expensive Car Repair

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OneMain Financial: The cost of owning and maintaining an automobile has jumped significantly in recent years. AAA estimated the average cost of operating a new car at $9,666 in 2021. That includes insurance, registry fees, oil changes, general maintenance, and gas. The number does not include expensive car repairs that might require emergency loans.  

Kelly Blue Book, the industry standard for auto valuation, reported the average price of a new automobile at $48,043 in June of 2022. That's up nearly 13% from the same period one year ago. Based on that, it makes sense to assume that auto repairs have also gone up in price. Inflation is creeping up on double digits. Paying for car repairs is a challenge. 

Americans have been putting off auto repairs 

Small problems can become big problems if left unchecked. That's particularly true with automobiles. That annoying tick or hum could be a precursor to a much larger issue. Unfortunately, the rising cost of car repairs has caused many Americans to simply ignore the problem, leading to major mechanical failures.  

This is the type of scenario where the most expensive car repairs are often required. Failing to replace a worn-out ball bearing could lead to long-term axle and tire damage. If it falls apart, the wheel could seize up, potentially causing an accident and leaving the car owner with no choice but to get the repair done. The only question at that point is where to find the money to do it. 

Getting a loan for expensive car repairs     

The easiest way to apply for a personal loan is online. Applications are simple to fill out and many lenders will provide a pre-approval option where they skip a deep dive into the applicant's credit report. That eliminates the risk of a "hard inquiry" hit on the individual's credit score and gives the applicant sufficient information to compare lenders. 

Once the applicant chooses a lender, the next step is to submit a full application which will ask for more details about income, employment, and living situation (whether they rent or own). The applicant must also provide their social security number and upload valid identification and tax forms. It usually takes less than 30 minutes to fill out the complete application.  

Instant approval is not guaranteed, but many online lenders will approve a personal loan application within a few minutes. Traditional banks take longer. Funds transfers can happen in as little as 24 hours, with same-day transfers possible if the application goes through early enough in the day. These factors all vary by lender, as do terms and conditions.  

Specifically searching online for a loan for car repair expenses might not provide a full range of available options. Loans for this type of expense are typically personal installment loans, which are part of a much broader category. They could also classify as emergency loans. Both search terms should provide a list of banks, credit unions, and online lenders. 

The Bottom Line: Don't put off small auto repairs 

The best way to avoid expensive car repairs is to keep up with general maintenance and fix the small problems when they arise. It may be an annoyance to check out those little creaks and groans the car makes, but they could be a sign that something major is about to happen. If it does, a personal loan for auto repair might be the best option to get it fixed.    


About OneMain Financial 

View Website 

OneMain Financial is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. 

Contact Information:
Keyonda Goosby
Public Relations Specialist
(201) 633-2125

Original Source: OneMain Financial: How to Pay for an Expensive Car Repair

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ARuVR Becomes First XR Platform to Be Awarded ‘Accredited’ Provider Status by LPI

- ARuVR® awarded 'Accredited Learning Technologies' provider status for its enterprise-grade Extended Reality (XR) training platform - LPI recognises ARuVR® as forerunner in rapidly growing XR industry

ARuVR®, a multi-award-winning end-to-end Extended Reality (XR) training platform for enterprises, today announced that it has been awarded the status of Accredited Learning Technologies Provider by the LPI (Learning and Performance Institute), the leading global authority on workplace learning and development.

ARuVR® counts Coca-Cola, BT, Royal Air Force, Five Guys, ScotRail, NEOM, Amazon, and PWC among a rapidly growing international customer base and is the first and only XR provider on both the UK Government's CCS digital outcomes and specialists framework, and Crown G-Cloud-approved supplier lists. ARuVR® enables organisations to quickly and easily leverage the location-agnostic convenience and results-driven benefits of XR (Virtual and Augmented Reality) all from a single platform, to create and deliver immersive training programmes. 

ARuVR®'s LPI Accredited Learning Technologies Provider status recognises the company's dedication to high quality and process improvement in providing learning, development, and training services to clients. This accreditation covers the Extended, Augmented and Virtual Reality products and professional services supplied by ARuVR® to their clients on a worldwide basis. ARuVR® followed a rigorous and in-depth process and was assessed on several key performance indicators, including business integrity, client value proposition, delivery capability, quality and performance management, people development, and business stability. ARuVR®'s overall KPI score was near an outstanding 100% across all sections.

Edmund Monk, CEO of the LPI, said: "We have extremely high standards for accreditation, and we are proud to commend ARuVR on their achievement. We work with our accredited organisations to ensure that they not only meet our standards but that they continue to improve. This way, organisations can be confident that they are working with the best." 

The LPI is the foremost accreditation and membership body for the learning and development profession with a global reputation. The accreditation process employs a highly robust framework, developed over many years by learning experts and validated by data from thousands of organisations to measure, benchmark and improve the capability and performance of learning professionals and learning providers.

Frank Furnari, CEO & Founder, ARuVR®, said: "As the market for XR training solutions grows exponentially, we are delighted to be the first in the sector to achieve accreditation status by the LPI. We are committed to providing our global clients with not only the highest levels of quality and service but also to bring AR and VR to the training industry, in a way in which any organisation can embrace and benefit from."

Contact Information:
Andrew Durkin
0044 7887998407

Original Source: ARuVR Becomes First XR Platform to Be Awarded 'Accredited' Provider Status by LPI

Keen’s Buildings Extends Partnership With RJ Hampshire for the 2023 Pro Motocross Season

"RJ is an incredibly talented rider, and we have no doubt that he has what it takes to bring home the championship this year," Keen stated.

Keen’s Buildings Extends Partnership With RJ Hampshire for the 2023 Pro Motocross Season
RJ Hampshire #24

RJ Hampshire, Kicking off the 2023 Pro Motocross Championship Season with Keens Buildings and the Rockstar Energy Husqvarna Factory Racing Team

Keen's Buildings, a leading provider of high-quality storage solutions, is thrilled to announce the extension of their partnership with RJ Hampshire #24 for the upcoming 2023 Pro Motocross Championship season. RJ Hampshire, an accomplished rider representing the Rockstar Energy Husqvarna Factory Racing Team, has proven to be an outstanding brand ambassador for Keen's Buildings.

Kevin Keen, CEO of Keen's Buildings, expressed his excitement about the continued collaboration with RJ Hampshire. "We are excited to extend our partnership with RJ for the 2023 Pro Motocross season," said Keen. "RJ has been an incredible asset to our brand, and we are confident in his abilities to excel on the track."

As a prominent figure in the motocross industry, RJ Hampshire has showcased immense talent, determination, and sportsmanship throughout his career. His achievements on the track and his dedication to his craft align perfectly with Keen's Buildings' values and commitment to excellence.

The partnership between Keen's Buildings and RJ Hampshire has proven to be mutually beneficial. It not only highlights the shared passion for motorsports but also underscores the importance of quality, durability, and reliability - qualities that both Keen's Buildings and RJ Hampshire embody.

With the 2023 Pro Motocross season on the horizon, Keen's Buildings and RJ Hampshire are eager to pursue their shared goal of championship success. Kevin Keen has expressed his confidence in RJ's abilities and believes that "RJ is an incredibly talented rider, and we have no doubt that he has what it takes to bring home the championship this year," Keen stated.

The 2023 Pro Motocross Championship, Race Schedule kicks off tomorrow, May 27, 2003, at the Fox Raceway in Pala, CA.

The extended partnership between Keen's Buildings and RJ Hampshire signifies the continued commitment to excellence and the shared vision of pushing boundaries and achieving greatness in the world of motocross.

About Keen's Buildings:

Keen's Buildings is a trusted provider of high-quality storage sheds, metal garages, carports and steel buildings, offering customized solutions to meet diverse storage needs. With over 75,000 installs and an unwavering commitment to craftsmanship, durability, and customer satisfaction, Keen's Buildings has established itself as a leading name in the industry.

About RJ Hampshire:

RJ Hampshire, representing the Rockstar Energy Husqvarna Factory Racing Team, is a highly talented and respected motocross athlete. With an impressive track record and a relentless drive for success, RJ has established himself as a prominent figure in the sport.

Contact Information:
Craig Heineman
(386) 364-7995

Original Source: Keen's Buildings Extends Partnership With RJ Hampshire for the 2023 Pro Motocross Season
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