Once you have done research and made up your mind about going for high rental yields instead of high capital growth properties, the next step is to master the process of picking the right investment property. Praven Subbramoney, CEO of Private Bank Lending at FNB, says many inexperienced investors often get it wrong when choosing […]
Many individuals who get married place emphasis on taking out life cover to protect their families in the unfortunate event of death. However, when going through the emotional stages of a divorce, reviewing and updating your life policy can often be the last thing on your mind. Lee Bromfield, CEO of FNB Life says, similar […]
With Statistics South Africa (StatsSA) having revealed that a majority of consumers have settled their bonds, many home owners will be anticipating the prospects and viability of paying off their home loans early? Calvin Ndlovu, Head of Operations at FNB Home Loans, says there is no correct or incorrect answer to the question on whether […]
Who manages your household finances? The management of finances should not be seen as the job for a man or woman in a household, but a joint effort between partners. “Partners need to work together in order to achieve their family’s financial goals. Being equally involved in household financial matters makes it easy for partners to […]
In South Africa, access to credit plays an important role in advancing financial inclusion. That is why it’s important for anyone applying for a Personal Loan to have a basic understanding of how to best set themselves up to qualify. Emma Mer, CEO of FNB Personal Loans, says “A Personal Loan is a great product […]
If you ever find yourself pondering the prospect of switching your home loan to another bank, it is essential that you do your homework. Stanley Mabulu, Head of Sales at FNB Home Loans says lenders have made it easier for consumers to switch home loans, provided that they meet all the criteria and requirements. “There are […]
News broke this week of a Californian teenager who live-streamed a fatal accident that took her sisters life. The horrific video shows a clearly intoxicated Obdulia Sanchez behind the wheel, filming herself and obviously paying no attention to the road. The video, which is 1 minute 44 seconds in length shows the teenager singing, dancing […]
If you are employed and have people who rely on you financially having life cover is essential regardless of your age. Lee Bromfield, CEO of FNB Life says the most basic need for life insurance is to ensure that your loved ones are not impacted financially in the unfortunate event that you pass away. “For […]
If you’ve been renting for a while and are ready to take the next step to buying your own home, you need to do your homework and know exactly what you are getting yourself into. Dr Simphiwe Madikizela, Head of Special Projects at FNB Housing Finance says, many first time buyers usually get blinded by […]
Following the South African Reserve Bank’s move to keep interest rates at the same level, coupled with the notion that the bank may have reached the peak of its hiking cycle; home owners will probably be reluctant to fix their home loan interest rates. “Although there’s a good chance that interest rates may have peaked; […]
