Dangers of payment holidays on asset loans & other funding | Speirs Finance
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:
Say goodbye to tyre waste
About 40% of the 6.5 million tyres Kiwis use every year are recycled, repurposed, or used as tyre-derived fuel. But the rest end up in landfills, stockpiled or dumped.
The good news is now there’s an easy solution to all that tyre waste. It’s called Tyrewise and is New Zealand’s first national tyre recycling scheme.
Tyrewise ensures that tyres in Aotearoa New Zealand are recycled or repurposed properly, saving millions from going to the landfill.
Find out more about the scheme online.
[ Free STEM Education EXPO]
[Free STEM EXPO] KNZCA & the Ministry of Education invite you to join the first Pan Ethnic STEM Leaning Community hub event for understanding STEM. Come along with your kids, educators and companies are welcome. Free event. Formal opening will be at 10am. Registration form : forms.office.com...
Poll: Does the building consent process need to change?
We definitely need homes that are fit to live in but there are often frustrations when it comes to getting consent to modify your own home.
Do you think changes need made to the current process for building consent? Share your thoughts below.
Type 'Not For Print' if you wish your comments to be excluded from the Conversations column of your local paper.
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91.8% Yes
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7.7% No
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0.5% Other - I'll share below!
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