With an ever increasing number of vehicles on South African roads, motor vehicle insurance has become a fiercely competitive market. Of course it\’s not only the increasing numbers which are driving this market, but also increasingly stricter laws. Unlike in the past, vehicle owners are now required to provide proof of insurance when registering a vehicle and failure to do so, will result in you being unable to obtain license plates. Together these various factors have helped to create a market in which the consumer has considerable leverage in obtaining competitive insurance coverage. Listed below are just some tips to help you benefit from this current trend.
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Filed under Insurance at 6:46 PM. No Comments »

Most people buy their cheap holiday insurance at the last minute before they go away, don\’t bother to read the small print, and then forget about it for the duration of the trip. In many cases this isn\’t a problem, as the majority of holidays pass without a hitch, but when the times comes for making a claim many travellers are woefully under prepared.
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Filed under Insurance at 6:11 PM. No Comments »

Perhaps the problem is familiar and you can very well visualize the scenario: your child, included in your car insurance while very young, grows and strikes for independence, gets a driving license, leaves home, borrows a car and very promptly proceeds to bang it up a little. Problem: he cannot afford the repairs and goes to you for help. Does your car insurance still cover the damage?
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Filed under Insurance at 4:38 PM. No Comments »

What is Split Dollar Insurance? You may or may not have heard of this term. It sounds very sophisticated at first, but with a little explanation, this type of insurance is easily understood.

Split Dollar Insurance is when two entities, an employee and an employer, pay premiums and the benefits of a life insurance policy are shared between the two. The policy benefits are split and the costs, or premiums, may be split, as well. The insurance is on the life of the employee. This provides insurance to the employee at a reduced cost.
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Filed under Insurance at 8:32 AM. No Comments »

The phrase \”economic downturn\” is touching the lives of more and more people every week. Families who were oblivious to the downturn 12 months ago now have to face the grim reality of financial crisis.
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Filed under Loans at 8:23 AM. No Comments »

When you take out a personal loan you can do whatever you want with the money. You could use it to buy a car or take a holiday. You could pay off all your credit card debts if the loan is at a lower rate of interest and is repayable over a longer period of time.
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Filed under Loans at 8:17 AM. No Comments »

As a result of an increasing commercial financing crisis, commercial borrowers are evaluating new alternatives for business finance funding. Business cash advances and credit card financing are two working capital financing options which have proven to be effective and practical sources of operating cash for small business owners.
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Filed under Credit Cards, Loans at 8:09 AM. No Comments »

Banks and customers all agree that card abuse is on the increase. New technology will always bring new concerns, and we must all play our part to keep our personal details safe from criminals

Card fraud is on the increase. 40 per cent of all card fraud is committed abroad, and even at home, in the first half of 2008, figures showed a rise of 14 per cent. HSBC are looking to introduce programmes which will could affect up to 10 million card accounts and many millions of card transactions — which may well mean that many card transactions every day will be refused or even cancelled..
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Filed under Loans at 7:59 AM. No Comments »

Following the credit crunch the government has called for protection against people losing their homes, and said that turning families out of their homes should be a last resort. So it beggars belief to learn that you could be forced to sell your house for as little as one thousand pounds of debt as a loan or on a credit card. All that is required is a \’charging order\’ to make this happen.
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Filed under Loans at 5:00 AM. No Comments »

Ahead of taking out a personal loan, it is necessary to carry out some studies on what you intend to take. Remember that having the right information on personal loans will help you to determine the type of personal loan that you seek for and the most appropriate lender for you. Despite the fact that carrying out this investigation may take up most of your time, it is worth doing so because the benefits in it will lead to a rewarding end. Remember that there may be certain hidden dangers that you will fail to notice if you had not carried out a thorough investigation.
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Filed under Loans at 4:29 AM. No Comments »