What Qualifies As Driving Without Insurance

By Christos Chalfont

It is illegal to drive a motor vehicle without a valid insurance certificate covering you to use that vehicle at that time.

The offence of driving without insurance is taken very seriously by the Magistrates Court due to the possible implications if you were to crash.

To be found guilty of driving without insurance the Prosecution simply have to prove that you were driving a motor vehicle on a public road at the time of the alleged offence. Because this is a documentary offence the burden passes to the Defendant (you) to prove that you were actually insured at the time you were driving. This is because it would be almost impossible for the Prosecution to prove that you were not insured and they would have to go through every insurance company in the Country using their insurance database to try and establish there was no certificate in place.

One of the most common ways in which people get caught out with the no insurance law is that they may not actually drive the car, but the law states that you only have to have use of the vehicle in order to be liable for punishment under the no insurance law. Having use of the vehicle can simply mean having the vehicle parked on a public road outside your house and if it is not insured, then you can be prosecuted.

Another way in which a lot of people get caught out in relation to insurance offences is because they believe that their fully comprehensive insurance covers them to drive a vehicle owned by another person with their permission. A lot of fully comprehensive insurance policies do not actually have this type of cover as of right. This element of the cover is also sometimes dependant on the age of the policy holder.

It is extremely important to make sure that you fully understand the terms of your insurance policy and that whenever you drive either your own car or someone else's, that you are actually insured. - 23223

About the Author:

For more information about driving without insurance please click no insurance.

Debt Consolidation As A Debt Relief Method

By Layla Vanderbilt

Once you fail to pay back the borrowed money, you will face a lot of problems as a debtor from the hands of creditors. Debt Consolidation program comes to your help at this juncture. First and foremost a debt program starts with evaluating your financial situation in order to render you a suitable help. This involves an in depth analysis of your financial standing. As the result of this you will be able to decide whether it is better to file for bankruptcy or go for a debt consolidation program. A debt consolidation analysis will highlight the potential savings of the debtor and enable the debtor to strengthen savings.

If your decision is that of Debt Consolidation, you will find that the next part of the process is a transaction between yourself and the consolidation company. One of their professional staff is the intermediary between the client and the creditor. They come to an agreement about rates and monthly payments at a cost you can afford.

The interest rates can be reduced or eliminated completely. Sometimes with good negotiation skills from the debt consolidator the creditor can even reduce some of the principle amount.

Debt consolidation also has other added advantages such as stopping the creditor from pursuing any further legal actions against the debtor. This means that the debtor can now live with no fear of being taken to court. Since the creditor will be receiving payments the debtors credit rating will also start to rise.

Added to the above benefits the debtor will no longer get any embarrassing phone calls from his creditors. The debtor will not receive any bills from the creditors nor pay the creditors directly. On the contrary, the debt consolidation company will directly take control over the creditors. The debtor as per the new agreement with the debt consolidation company will pay a single amount to the consolidation company for every month. This arrangement does not allow any transaction between the debtor and creditor.

Due to this system the enjoyments of the debtor are great, because the fees are paid by the creditors as the creditors would get something in return than loose all money the debtor owes them. Use of a debt service company or consolidator is indeed a great solution for debt reduction. This program works for those with good or bad credit. It does not mean that you should do things at random and stand for the mercy of debt consolidation companies. Let us do things properly and systematically and be careful to avoid pitfalls. - 23223

About the Author:

Layla Vanderbilt is the webmaster for a leading website that offers for instant bad debt consolidation advice and guidance.

Foreign Exchange Trading Made Easy

By John Eather

Trading nothing: When you trade with currencies you are actually trading with nothing as there is no physical exchange with trade mainly conducted by means of computer entries and automatically netted depending on market price. This market type is used purely for buying and selling-no long term investing. The purpose of the market is to help conversion of currencies for international trading corporations who have to constantly trade currencies.

Main difference: The main difference between foreign currencies markets and other markets such as futures, options and stocks is that currencies are traded over-the-counter without strict regulation while futures, options and stocks are traded on very strictly regulated, formal exchanges. Trading members only make use of a mere credit agreement to bind members as no clearing houses used thus there are no guarantee of payment of delivery.

Traded currency's: Majority of trades are done in the most liquid currencies pair worldwide which are Euro/US Dollar, British Pound/US Dollar, Dollar/Yen and US Dollar/Swiss Franc. The most popular currency variation pairs are Australian Dollar/US Dollar, New Zealand Dollar and US Dollar/Canadian Dollar. Exotic currencies such as Czech Koruna can also be traded.

Special terms: Special terms are used by currency traders to refer to specific foreign exchange events or items such as Swissies being Swiss Franc's, Sterling referring to British Pounds, Yards are one billion units and Figures are round numbers such as 60.

Smallest movements and times: The smallest movement in foreign currency pricing is known as a pip. In the determination of losses or gains, drops and rises in pips are used as indicators. Just a couple of pips can mean a huge fluctuation. Pip values are different for small and regularly sized accounts being US$ 1 and US$ 10 respectively. The pip difference between bid and asking price is known as spread. Small time lapses between two currencies are known as ticks. - 23223

About the Author:

Looking to find the best deal on foreign exchange trading, then visit www.MoneyMakingFxTrader.com to find the best advice on automated forex trading for you.

5 Essential Reasons Why You Should Use A Forex Software

By Bart Icles

If you are planning to venture into forex trading, you need to make sure that you have all the tools and knowledge that you need in order to succeed. One of the main tools that a forex trader will be needing in his or her forex trading activities is a forex software. Why? Here are the reasons:

1. Technology is now at its optimum capacity and even forex trading can now be done online. A lot of forex traders already have a forex software because of this.

2. A forex software makes forex trading activities faster and more accurate since it lets the algorithmic calculations and the estimations of gains and the like become automatic and not manual, making it more convenient.

3. Since forex signals are already embedded in a forex software along with charts and graphs that enables a forex trader to make better and wiser decisions, it is a sound move to use a forex software to aid a forex trader in all his or her trading activities.

4. A forex software makes decision making a faster event since the information that a trader needs are already at hand.

5. A forex software, because of its efficiency, enables a forex trader to make more money. Hence, it makes forex trading a more lucrative and worthwhile venture.

The reasons mentioned above, though, are the ideal characteristics that a forex software should have. However, because of the power of the internet and how fast information dissemination happens in it, a lot of individuals and businesses alike are taking advantage of people by promising them a breakthrough forex software that they claim really works. The sad thing, though, is that they do not really give the trader what he or she really needs. They are just made to be moneymakers that offer empty promises. If you are planning to get a forex software, how should you determine, then, what would work and what wouldn't?

Before buying a forex software, a forex trader should check the reviews about it to at least be able to get a glimpse of how it works along with the advantages and disadvantages that it brings. These information are freely available online. Or, better yet, if you are planning to be a forex trader and you happen to have colleagues who are also trading, ask them which forex software they are using and check if it would be useful for you as well. Nothing beats first-hand experience in terms of rating the performance of a product, most especially a forex software. Make the right choice. It might be the only thing that would catapult your forex trading efforts into a successful one. - 23223

About the Author:

Learning to trade forex market starts with a desire to learn and a drive to become a great trader. Learning to trade in forex takes dedication and a good teacher. But once you learn how to trade and do so successfully your life will change and you have options and financial resources you never had before.

Online Forex Trade And The Various Strategies

By John Eather

What is online Forex trade? Well, Forex online was developed in order to help people who wanted to start trading in the Forex or Foreign Exchange. It is a system that will help those individuals earn profits on a monthly basis.

Forex Market? I hear you asking. The forex market is the shortened name for The Foreign Exchange Market. Online Forex trade works in a similar way to the way you will trade on any other market, only it is much better. You have a greater chance of making money, you can make more money, and all you need to know is a tiny bit of industry jargon.

Your online Forex trade will include knowing when to buy your money, when to sell your money and when to move your money to a different currency.

Forex trading strategies cannot be learned overnight and it is for this reason that you can opt to do a trial period to see how you like doing online Forex trade. There are so many terms and little rules to learn, so it might be wise to also do a Forex training course which will explain it all, including more about online forex trade.

You will need to know what a pip is, and what trends and trend patterns are. You must learn using an online forex trade system when would be the best time to trade and when not to, according to market and exchange rate deviations. You can find plenty of resources online that will give you some tips and strategies.

A great purchase you can make is to have the latest updates sent directly to your phone or email in real time. In this way you are immediately able to make a decision and not lose out if the trend changes again soon. - 23223

About the Author:

Learn more about online forex trade. Stop by John Eather's site where you can find out all about forex trading systems and what it can do for you.