13th February 2008
A credit does not always have to constitute a princely sum. For more modest expenditure, such as a new stereo system or a replacement washing machine, a small loan is quite sufficient. With the advent of cheap flights it is also a viable way of funding a ...
13th February 2008
Many entrepreneurs would take out a loan in order to finance a start up business but it often happens that someone running an established concern has to borrow in order to support this in leaner times. In Germany it is very important to guage whether th...
13th February 2008
The following summary of recent state court judgement from around Germany illustrates some of the more unsavoury kinds of driving behaviours that are viewed very harshly by the authorities there. Some of these cases are really the result of simple neglige...
05th February 2008
The German acronym SCHUFA stands for Schutzgemeinschaft für allgemeine Kreditsicherung (General Credit Protection Association). The body is tasked with checking the credit worthiness of private individuals and disclosing this information to interested pa...
05th February 2008
To take out a loan, even for things that might constitute a relatively minor expenditure, is a very real option for many in Germany today. It is often also the only way for many to achieve their aims without having to scrimp and save for ages in advance. ...
05th February 2008
The same pay back period and total loan amount are prerequisites to accurately comparing the costs of different loan providers. This is because it is almost always the interest that determines the best value loan. In effect: the lower the interest rate, t...
05th February 2008
Bonität is the German term for credit worthiness. Bonität determines if, and under what conditions, a loan will be approved. Good Bonität determines above all how quickly the funds will be released. This principle applies to all loan applicants equally...
04th February 2008
Despite high costs relative to the incomes of the time, car sales rose steadily in the 1900s. So much so, in fact, that manufacturers struggled to meet demand and new manufacturers proliferated.
Although conceived initially as a personal mode of transp...
04th February 2008
The Daimler Motor Company (DMG) was founded in 1890. However, since Daimler felt he was exerting increasingly less influence over his partners he left the newly founded firm in 1891. He then set up a small workshop in Bad Cannstatt with the engineer Mayba...
29th January 2008
One key development in the history of the car can be traced back to 1860. The Belgian Etienne Lenoir (1822 – 1900) constructed at this time the first Gas powered motor. With this he realised his conception of a compressed gas / air mixture being ignited...
25th January 2008
Longshanks pony can muster up an eighth of one horsepower to propel him from A to B. For most of man’s history this has proved perfectly adequate but nowadays we think nothing of climbing into a metal and glass construction powered by a combustion engin...
25th January 2008
There are few more characteristically English sights on our roads than a Reliant Robin breezing majestically over the prow of a hill in all it’s free wheeling, three wheeled glory. Put simply: poetry in motion!
The Reliant Motor Company was founded i...
24th January 2008
In 1958 Jaguar launched the MK IX which caught the attention of the industry once again with technical innovations (disc brakes) and superlative performance (a 3.8 litre engine). The marque’s place among the elite brands of British motoring was secured....
24th January 2008
The history of the Jaguar brand is associated with the name Sir William Lyons more than any other man. Through sheer chance Lyons came into contact with William Walmsey in 1920. Walmsey designed Wallace and Gromit style sidecars. Together they launched th...
23rd January 2008
Typical car factory smells of oil and metal are absent in the Morgan factory in Malvern Link located in the idyllic South West of England. Rather the visitor breathes in a carpentry smell which is hardly surprising since, remarkably enough in the 21st ce...
