Dangers of payment holidays on asset loans & other funding | Speirs Finance
The danger of payment holidays…
Anyone would jump at the chance for a free holiday and at the onset of COVID-19 and during the initial extended lockdown, many did just this when offered payment holidays on asset loans, finance agreements and other forms of funding. This applied to both personal and business finance to provide some financial relief in a time of great uncertainty with a high degree of market disruption.
And just as COVID-19 has changed our view on holidays and travel and there are new risks to consider when holidaying, the same applies to finance any form of asset loan. Finance payment holidays generally took the form of either:
Poll: Should drivers retake the theory test every 10 years?
Drivers get where they need to go, but sometimes it seems that we are all abiding by different road rules (for example, the varying ways drivers indicate around a roundabout).
Do you think drivers should be required to take a quick driving theory test every 10 years?
Vote in the poll and share any road rules that you've seen bent! 😱
-
47.9% Yes
-
50.2% No
-
1.9% Other - I'll share below
Stay sun-safe and well-read this spring
Longer days and warmer weather are fast approaching!
Make the most of your Sundays with a subscription to the Sunday Star-Times. From just $51, enjoy gripping investigations, in-depth analysis, and exclusive subscriber rewards. Plus, for September only, receive a free Antipodes Supernatural SPF50+ Ceramide Silk Facial Sunscreen worth over $60.
Don't miss out on this unbeatable offer—subscribe today! *Print T&Cs apply.
Neighbourly's Online Spring Garage Sale
On Saturday, 28th of September we'll be holding an online garage sale and you are invited - both to score some bargains and to sell your wares!
The sun is starting to shine and perhaps you're ready to part with your winter goods, get involved by listing your goods ahead of Saturday's event. And come back on Saturday to find new treasures.
List your items now. Head to Market.