Common Sense Safety Tips for When Your Car Breaks Down

Common Sense Safety Tips for When Your Car Breaks Down

Breakdown insurance is an excellent thing to have in the event of an emergency. If you don’t currently have any then there are many excellent breakdown cover comparison websites  But just having the insurance might not be enough to maintain your safety. Imagine you are driving home on a busy freeway when suddenly your vehicle begins to slow down and no amount of pushing on the gas pedal will encourage it to speed up. You have some choices at this time, but you need to make them quickly to avoid becoming part of an accident.

Here are some things you could do in this scenario to get off the highway safely and call for help.

  • While you have momentum, check your mirrors to see if you can pull off the road safely.
  • If you can pull off to the right or even to the left safely, activate your turn signal to let other drivers know what you are doing.
  • If you cannot move or fear that you will not make it out of traffic safely, turn on your emergency flashers.
  • If you have succeeded in getting your vehicle off the road, look around and make note of your location.
  • Assess your vehicle’s situation.
  • If your vehicle is not in danger, remain in the vehicle while you wait for assistance. Lock your doors and windows, but do not run the vehicle.
  • If you have not been able to get out of the main traffic flow, look for a way to exit your vehicle and move to a place of greater safety.
  • Exit your vehicle on the side away from the heaviest traffic flow, and quickly move to a place of greater safety. Take your phone, your identification and a light source if possible.
  • Call 911 to alert authorities that you have a problem.
  • Call your breakdown insurance agent for assistance.
  • Avoid getting in a vehicle or accepting a ride from strangers. If you do choose this solution, leave a note inside your car or alert someone of about your action and your location.
  • If someone bothers you inside or outside your vehicle, try to attract the attention of other drivers. If inside your car, flash the lights and honk the horn. If you are outside the vehicle, wave your arms, scream and wave your flashlight if it is night.

Having your vehicle stop working while in a stream of busy traffic can be a scary experience, but it doesn’t have to be tragic if you keep your head and alert other drivers, authorities and your insurance agent that you have a problem. Getting your vehicle off the road as quickly as possible is a priority, but not at the risk of being hit by other motorists who are driving by at a high rate of speed. Your first priority is to keep yourself safe and to call for help.

If you have breakdown coverage, one call to your agent will send all the help you need for mechanical assistance or for towing. If your vehicle is too old for an extended warranty or breakdown insurance, a roadside assistance policy can help with getting you to safety and comfort.

 

 

The Facts About Home Equity Loans

The Facts About Home Equity Loans

Most people spend more time in their home than in any other place. This is where many of them unwind from a busy day at work, spend quality time with their family, and entertain guests, family and friends. In today’s tough economic times, people are searching different ways that they can pay down some extra bills, or put some additional cash in their pockets. Many have turned to home equity loans to fill this gap. This article talks about some of the things that you can expect when taking out a home-equity loan.

Yes, it is true. Your home may actually be able to save you from financial distress, or get you out of a devastating event that has happened in your life. This is normally done through a home equity line of credit. The definition of home equity is the overall value of your home above and beyond any money that is owed to pay off your mortgage. This number will increase over time as the value of your home begins to go up. Most people decide to use this value in their home towards an equity line of credit. Some of the reasons that people use home equity loans are listed below.

  1. One of the main reasons that people use home equity loans for is to either repair or remodel their existing home. This is also a great way to build value in your home.
  2. Some parents use home equity loans to send their kids to college. With the rising cost of education, many parents are using home equity loans to fill in any gaps that may exist between the money that they have available with the difference in what they need for their kids to be able to attend school.
  3. Pay off past-due medical bills. The equity in your home is a great way to help you settle an emergency medical bill; pay for a pregnancy, or to help you get through a serious illness.

However, before you jump the gun, and run off to apply for a home equity loan, make sure that you have a good reason for using the equity in your home, because you a definitely want to make sure that you are doing it at the right time, taking into account such things as the interest rate, the amount of time that you want to refinance for, and most importantly, the amount of monthly payment that you can afford.

You must not lose sight of the fact that you are putting your house, sweat, and tears at the stake for money, which could possibly be gone before you know it. Therefore, this is definitely a matter that you want to take plenty of time to research. The 3 tips that are listed below can be used to make the home equity loan process go as smoothly as possible.

  1. Choose your lender carefully and make sure that you are dealing with a reputable company.
  2. Take the time to gather all of your necessary paperwork before hand. You will need such things as tax returns, bank statements, recent pay stubs, and probably a copy of your recent tax bill.
  3. Get as much information up front as you can such as the terms and conditions for the loan.

If you take the time to follow the information and tips in this article, you will ensure that your home equity loan process will go as smooth as possible, and that you will not make a choice that you end up regretting for the rest of your life.

Student Loans and Grants

Student Loans and Grants

If you are thinking about furthering your education, whether you are just out of high school or an adult returning to school, looking for student loans and grants should be at the top of your list of things to do. No matter where you live, college is very expensive and virtually no one is able to pay tuition without some sort of assistance.

General Information

If you are a new undergraduate student, there are grants that are available to you.A great starting place is the Federal Pell Grant information. What is so nice about this grant is that you do not have to pay it back.

The federal government also offers student loans at a very attractive low interest rate and flexible repayment options. The Federal Stafford Loan is a good option and it works in a few different ways. The government site offers detailed information about how to qualify for this loan. For a direct subsidized loan you will have to demonstrate financial need; with direct unsubsidized loan you do not have to demonstrate a financial need.

Either way, these choices will go a long way in helping you meet not only tuition costs, but also books and cost of living expenses while in school. The financial aid office at your school may also have resources for you to look into; some departments in a school may offer loans specific to your major.

Searching for Loans

In addition to your school’s financial aid office, there are other places you can search for student loans and grants. You can do a general internet search and find quite a few options. Sometimes banks will offer student loans and sometimes private lenders will offer them. There may be times when a federal loan will not cover all your costs and this is when you should consider looking into private lenders. This should not be your first option however, as interest rates will probably be slightly higher.

Searching for Grants

Besides government grants, there are also other places to find grants. The very informative article entitled “Education Grant Benefits and Opportunities” explains where grants can be found. You could be eligible for many different types depending on your demographic: sex, age, dependent status, underdeveloped area, field you desire to go into – the list is almost endless.

An example of this would be the healthcare field. There is going to be increasing demand for healthcare workers as the population ages, so there are some attractive grants for those wishing to enter into healthcare.

All in all, no matter if you want to return to school to expand your career and earning potential, or if you are just entering college straight out of high school, you should have the chance at higher education. There are plenty of options available to achieve your goals.