Item Count : 5
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Health Insurance |
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There are many types of health insurance – some give you a lump sum if you become ill, others pay you a regular income while you can’t work. Some health insurance pays for your treatment at a private hospital – and lets you jump the waiting list.
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Hire Purchase |
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You take away the goods and use them but you do not own them until you have made the last payment of your agreement so you would not be able to sell them until you had paid for them. If you have not paid up to a third of the credit and have arrears the goods can be repossessed without a court order. After a third a court order is required. If you have paid over a half you can terminate the agreement and surrender the goods, you are only then liable for any arrears. Cars are often bought this way as is furniture.
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Honour a Cheque |
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A bank honours a cheque by paying out the money as you have requested. A cheque will only be honoured when it has been guaranteed or there is enough money in the account, or you have an agreed overdraft.
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Honoured |
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A bank honours a cheque by paying out the money as you have requested. A cheque will only be honoured when it has been guaranteed or there is enough money in the account, or you have an agreed overdraft.
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How Much You Borrow |
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Some lenders alter the interest rate according to how much you borrow.
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