| Credit (Repossession) Act ? A little known poor relation
One of the consequences of working at a community law centre is that you get to know, often intimately, a family of statutes that can best be described as 'poor law'. Most practitioners never have the benefit of studying these in any detail. It is also often difficult to find any judicial scrutiny of this legislation, leaving the relevant area of law vague and undiscovered. One such poor relative is the Credit (Repossession) Act 1997. This Act was passed by Parliament to set the rules that apply when a creditor takes possession of "consumer goods" under a "security agreement", such as a hire purchase contract or chattels mortgage. This gives a clue as to why there is a dearth of precedent in the area. Those affected are usually 'financially challenged' and simply not in a position to instruct a lawyer to take on an unscrupulous creditor.
For India and China, Credit Poses a Challenge
Asia's biggest nations are racing to build an American-style consumer economy, seeking to rev up consumer spending by promoting mortgages and other types of loans. But in doing so, they face a major challenge: sidestepping the potential pitfalls of consumer credit. In the U.S., consumer spending is the fuel that drives the economy. By contrast, Asia's major economies, like China, are powered mostly by exports and investment. With a little government encouragement, banks in China, India and other Asian countries are increasingly eager to put more spending power in consumers' hands. The idea is that providing consumer credit through mortgages, ... .
Finding Financing For Ecommerce Businesses
All online business owners have something they feel passionate about; what most of them don't have is unlimited capital to get the site off the ground and firmly in the black. The founders of Abondanteliving.com — Marlin and Laurie Detweiler and Jim and Debi Long — are no different. Their passion? Keeping the Sabbath, and keeping it well. “Sunday should be the high point of the week," not an exercise in prohibitions and obligations, said Marlin Detweiler. “One of the most incredible things we can do is reorder our lives, stop and have a wonderful meal on Saturday evening as a kickoff to a day of worship and rest." Abondante Living, launched in November 2006, is the couples' way of sharing that point of view, along with practical ideas and products to make a beautiful, weekly celebration an achievable goal for busy families.
Twits and wits: Malawian bloggers on new technologies, nature ...
Since the last Malawi roundup, the Malawian blogosphere has continued to be abuzz with posts announcing new technologies, news on Internet-based radios, existing radio stations going online, stories about farming initiatives, as well as reflections on nature and Malawian places of mythical, if not mysterious, interest. There have also been entries on the situation in Zimbabwe, politics in Malawi, and the hard work ethic that Malawians espouse when outside the country, among numerous other topics. Here with it all: Twitter and new technologies Malawian blogger, Soyapi Mumba, writes about Twitter, a cutting edge technological innovation that enables users to update others on what they are doing at a particular moment. According to Soyapi, because of its adaptability between SMS function in cell phones, IM messaging, and webpages, twitter has a much greater potential in Africa, where there are much more cell phone users than Internet users: So the launching of Twitter provides a good alternative considering that the use of mobile phones is much higher than that of computers.
|
