Leadpile’s Blog

September was the eight month in a row that the number of home sales rose. It is common knowledge that if you are planning to buy a home, now is the time. The rock bottom house prices and low finance rates are not the only reason that there have been a month over month increase in the market. The first time home buyer tax credit programs had a large influence in the matter. This program gives up to an $8,000 tax refund to the new buyers. Originally the tax break was supposed to end the first of December, but has been extended through the end of June 2010. The plan will also now help current home owners who have lived in a home for at least five years and want to move into a larger home. These individuals will receive up to a $6,500 tax refund. In addition, the income level has also increased. In order to be eligible, a single individual now can make up to $125, 000 and a couple up to $225, 000 per year.
So will this continue to keep the housing market on the rise and help the economy? Personally, I think it could both help and hurt. If the new home owners are smart and are buying houses that are well within their budget, then the increase in sales/increase in house value will be great for the economy. However, there could be a down side. If people are rushing into buying the houses and bite off more than they can chew, they might end up realizing they can not fully afford their house purchase and the foreclosures could start happening again.
For all you eager beavers out there, just remember that prices are still expected to decrease. With the home owner tax break now extended, you can wait for prices to drop a little more and save some money. Want to know if the housing market is supposed to increase or decrease in value where you live? Check out this link from CNNMoney.com

We all know that there are great deals to be had in automotive market right now. Many car dealers are willing to cut their prices and haggle much more than in the past. So buying a new car as a steal should be simple, right? Car dealers may be willing to work with you on price, but when it comes to giving you a loan, not so much.
Unless you are very money savvy or have a great job, buying a car with cash is not always possible. This day in age it is very common for the majority of people to take out a car loan and finance their car. With the market how it is, getting a car loan can be easier said than done. Its not that lenders do not want to give out loans, they are just being much more picky on who they will approve. Also, interest rates are very high at the moment and your credit can make a difference on if you are approved and what interest rate you receive. According to U.S.News, when trying to finance or get a loan for your new car there are a few key facts you should know.
1. Basics of Car Loans – know that you will have to pay an interest rate which includes principal and interest.
2. Car Loan Term – This is the amount of time that you have agreed on to pay the lender back. The car is not yours until you pay back the WHOLE loan and interest.
3. Credit Score – As stated above, interest rate is normally based on an individuals credit score. Usually, the lower the credit score the higher the interest rate.
4. Apply Several Times – Consumers normally apply to several different companies to get their loans. This will give you a better chance to get a loan that suits your exact needs.
At the end of the day it is by no means impossible to get a auto finance loans. LeadPile is also here to help. We match up consumers and lenders who meet each others needs. Hopefully, this helped you realize that with the right knowledge and steps, buying a new car with great financing is not as far out of reach as you may think.

Phoenix June 30th, 2009 — LeadPile, The World’s Largest Online Exclusive Lead Exchange announced today record results for its MicroClick Form (http://www.microclick.com) in June, 2009. LeadPile reports a record number of Lead Verticals being served by its MicroClick Form with Lead Sellers producing leads in 61 different verticals in the month of June. This makes the LeadPile MicroClick Form the most widely used Multi Vertical Lead Generation Form in the lead Marketplace and Lead Exchange Industry.

LeadPile’s Centralized Online Exclusive Lead Marketplace supports thousands of affiliates that use the exchange to sell to suitable lead buyers. By using the LeadPile MicroClick Form, Affiliates can focus on driving traffic to their pages and not on managing lead buyer relationships. Over 90% of LeadPile’s active affiliates are currently using the MicroClick form, offloading the responsibility for lead collection, management, technology infrastructure, and quality control to LeadPile.

Astoundingly, LeadPile’s MicroClick form has been used to produce leads as diversified as Tax Debt Relief, Home Improvements, Business Loans, Health Insurance, Equipment Leasing, Credit Card Processing, Cash For Gold and more.

Andrew Jacob, CEO of LeadPile says, “The LeadPile MicroClick Form allows us to handle leads across multiple verticals, including payday, starter credit, debt consolidation, credit repair, bankruptcy, auto financing, and homeowner. While the majority of leads currently being exchanged in the  Marketplace are in the Financial sector, the fact that Lead Sellers are using the MicroClick form to produce leads in over 60 verticals is very rewarding for our team.

Jacob adds, “I would like to personally thank our existing Lead Buyers and Leads Sellers for their business, and it is our promise to everything we possible can to help them in their efforts by continuing to provide the type of technology infrastructure and transparency that they have come to both expect, and deserve, from LeadPile.

To read more, please visit http://www.LeadPile.com/

I have to share a great website that I was recently introduced to.  Mint.com is a great site for anyone looking to manage their bills & finances all in ONE place.

According to the website, “We download, categorize and graph all of your finances automatically every day, so you know where you’re spending, without spending any effort.”  With consumers going through trying to manage their credit cards and really seeing where they are spending their money, this site will allow people to do that without the high cost of hiring someone.  I went through the process myself just to see how long it took, and I have to say it took only minutes and it is a secure site.  Making sure you are entering your account information on a secure website (HTTPS) is very important when working with personal information on the internet.  I have to say I am a little nervous of entering my personal information online, however I did proceed forward with it. Working at Leadpile Lead Exchange has helped to educate me on knowing what to pay attention to when surfing the net, and this website appears to be a great trusted site for EVERYONE to look into.  The other question I was wondering was, “how does this website make money, because this service is FREE?” After searching more and more, I found lead generation is what this company is doing.  They are offering “pertinent” financial services to consumers throughout the process.  Check it out… you might learn something about your own financial portfolio.

The new year is here and there still is a credit crisis that Americans are trying to figure out how they are going to get through. Many of my other posts talk about credit and ways to know your financial situation, therefore you know what you are getting into with any “new” loans etc. One way some get through these problems is with a payday loan/cash advance. Payday loans get a lot of negative publicity because many feel they are not an “appropriate” way to get out of a temporary situation. Each consumer has their own way of fixing their financial situation, but I thought this quote was pretty interesting in regards to payday loans (Payday Pundit).

How much debt a person has does not determine whether a payday loan is a good idea for them. If the loan enables them to repair their car so they don’t lose their job or saves them from eviction, then it’s a good idea even if they owe a million bucks. And it’s also a good idea even if it just saves them a few dollars in alternative fees that they would otherwise have to pay. People know their individual circumstances and are in a better position to know if a loan is good for them than the lender or any government formula put together by activists and politicians who want to pride themselves on how they are protecting us from ourselves.

Every loan is a gamble on the part of both lender and borrower, and nobody can ever guarantee that any loan can ever be repaid. If both the lender and the borrower mutually agree that the transaction is likely to further their interests, then who are you or any government agency to tell them that they can’t engage in it? If the lenders are tricking people into expecting one thing but delivering another that of course is deception which should be stopped, but apart from that, BUTT OUT, MAN!

If lenders have a responsibility to investigate the finances of people who apply for loans to make sure they can afford them then so do all other merchants and service providers. Is that the kind of society you want to live in? When you are the one who has to get government permission to purchase a product or service then you may feel differently about making politicians our parents instead of our servants.

Here is the latest news on what is going on with the struggling auto industry.  Automakers are trying to get congress to approve a bailout for them, yet FORD has announced it does not need any help.  However, congress wants to add a stipluation in with this potential “deal”… that is a “car czar”.  This car czar would potentially be there to monitor every aspect of the money, evaluate the business relationships they have, and oversee everything else related to the industry.

So, what is a car czar and what is congress wanting this “person” to do?  According to NPR news, a few traits that is recommended is someone who knows industrial companies and can follow the money. Another person states the car czar must have financial smarts who is going to make decisions that are going to benefit Americans. However, is this something one person can truely take on? How about a committee that governs these future decisions that are made?
Leadpile Lead Exchange is definitely interested in this industry because we work a lot with the auto finance lead type. What happens in the automakers “world” affects our marketplace. We will be keeping an eye on what happens with the automakers and if they really decide to hire a car czar.

In recent news, GMAC announced it would only offer auto loans to consumers with a credit score of 700+. According to Reuters.com, GMAC is only wanting to extend credit to those with good credit, and is also saying it will be doing more shorter term loans. This is in direct response to the economy and what is happening to the auto industry. GMAC expects these changes to remain in place until the economy stabilizes. In addition to these changes that are affecting consumers, GMAC says, “it has increased the rate it charges car dealers for providing standard auto financing by 75 basis points.” Therefore, this is not only affecting the consumer who is getting the car, but also those that are selling the cars.
Leadpile Lead Exchange works a lot with auto finance and car purchase leads. Situations like this, in the lending world, are going to affect the average “joe” who buys a car. This is where the auto finance lead type could become more demanded because generally you are talking about consumers that don’t have the perfect credit like GMAC is wanting. These consumers still need funding and there are still options out there for them, even though their credit is not “perfect”. Those dealers being affected by the GMAC decision should look at joining our lead exchange. We have the ability to connect you with consumers that are looking for a car and want it now.

In an effort to help distressed homeowners, Arizona attorney general Terry Goddard is asking mortgage lenders to set up streamlined modification plans for their mortgage customers. This is similar to what Countrywide recently rolled out to their mortgage customers. In addition to AZ, there are 9 other states such as California, Ohio, Illinois, and Texas. According to The Phoenix Business Journal, the lenders these states are approaching are Wells Fargo Home Mortgage, JPMorgan Chase, Morgan Stanley Home Loans, HSBC Finance Corp, Citigroup, and American Home Mortgage Servicing Inc.
I am not sure why all 50 states are not apart of this action, however it seems like a logical way to start putting a dent in what is going on with all the bad loans on the books. I hope we will hear more about this, because this might be one of those occasions where we WANT the government to get involved.

With all the demand for autos to become more eco-friendly, high performance AND attractive looking, Tesla Motors feels like they have what people are maybe looking for. This high demanded car is the Tesla Roadster. The battery operated car is a 2 seater sports car that you can customize fully. Unfortunately, the price tag is not affordable to most consumers at $109,000. According to their website, there is a 12 month wait to get one built. Their goal is to roll out a 4 door sedan at around $60, 000, which is much higher then the GM’s sedan (Volt)they will be rolling out in 2010. GM is estimating the cost of their battery operated sedan to be around $40,000. I will say there is a very interesting fact about the chairman of Tesla Motors, and that is that he was the co-founder of Paypal. Time will tell if this Silicon Valley start-up can get the auto world headed in the right direction towards a more eco-friendly world.
Leadpile Lead Exchange generates a lot of auto finance leads. Unfortunately, I am not sure we are going to come across advertisers/dealers in our marketplace able to provide this new beauty…..yet. However, we do welcome any company able to generate auto finance leads!

Need AUTO FINANCE leads?
How about PAYDAY LOAN leads?
DEBT leads by chance?
What about CREDIT REPAIR leads?
No wait, how about BUSINESS CASH ADVANCE leads?

No matter what type of lead you are looking for, Leadpile is probably generating it…or can potentially generate it for you. Leadpile Lead Exchange is made up of buyers and sellers of real time web based leads. We are always looking for new buyers of leads to join our marketplace. Where else can you:

1. Get various leads types in one place?
2. Set your pricing you are comfortable with?
3. Define exactly what filters you want?
4. Get top notch customer service to answer your questions and provide support?
5. Work with a company that “does the right thing”, and is always wanting to have our buyers and sellers that are “doing the right thing”.
6. Have the ability to have leads posted to your website, redirected to your site, delivered on email or able to downloaded reports at any time!

What are you waiting for? Try out the Leadpile experience!
For those of you that are already buying or selling leads.. THANK YOU!!

You need god quality leads… Leadpile has them! I think most people do not realize the different types of leads that we do generate, and the benefits of a lead exchange.
We are currently generating more than 20 lead types.
Some lead types we are generating:
Payday loan
Auto finance
Debt settlement
Debt consolidation
Credit repair
Refinance
Home purchase
Foreclosure
Security Systems
Bankruptcy
Business Cash Advance
Equipment Leasing
Business Loan
Web Design
Credit Card Processing/merchant account
Health, auto, life and home insurance
Car warranty
Student loan loan/student loan consolidation
Credit Card
Home Based Business

If we don’t have the lead type you were looking for, we are always open to new ideas. JUST ASK!
I read a great statement on the Pontiflex blog, stating something about the fact that online advertising (also lead generation) is like drilling oil… either you hit the oil right away or you move on. The key is to diversify what lead types you are working with, and “hitting oil” is more likely to happen. Take risks as a company, get into new lead types, and create new ideas to change up how you work.
There are many lead companies out there that might just focus on a couple lead types, however Leadpile excels because we have so many lead types to meet so many different demands. One of the things we have learned is that making an effective lead exchange, you need to work with various lead types. Really there is just about any type of advertiser we can work with. We are also able to work with the various types of affiliates that are currently out there.
Think-outside-the-box if you are planning on working with us!
You won’t regret it.

According to MSNBC late Friday, there is some speculation that Chrysler could possibly be getting out of the auto leasing arena. I guess time will tell if this turns out to be true.
Major changes such as this has been happening in the auto industry, and turning the once SUV dominated auto industry into the now ECONOMY driven auto industry. This potential exit from the leasing market, could be the beginning of other major auto manufacturers doing the same thing. Why would auto companies continue to be apart of the leasing industry that is dominated by massive gas “hogs”? Then again what about leasing some of these other cars that are making a surge in the auto industry now? Does that mean consumers will not be able to potentially lease those auto types too? WE will see….
One positive that I can see in this potential change is the increase in the auto finance (own) industry. This potentially means more people will be owning their cars instead of leasing. This could result in an increase in our auto finance lead type. Leadpile Lead Exchange will welcome this potential increase in demand!