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5 Reasons Why You Should Never Delay Car Maintenance



5 Reasons Why You Should Never Delay Car Maintenance

A car is an incredibly complex and intricate piece of machinery. If you’re the owner of a modern car, equipped with an onboard computer and scores of hidden sensors and gadgets, then there are plenty of things that can go wrong.

Stay on top of your maintenance, however, and you’ll minimise the chances of that happening. Nowadays, this is easy to do: you can book an MOT online, and look for a suitable ‘mechanic near me’.

Here, we’ll take a look at five distinct consequences of letting things slide.


Issues which might potentially cause a problem are often identified and remedied during the service, which means that they can’t go on to cause that problem on the road. Consequently, cars which are frequently serviced are less likely to suffer breakdowns, while neglected cars are more likely to suffer them.

Resale value

Private buyers and dealerships will tend to look for a full service and MOT history before they make a purchase. It’s a way of ensuring that the car has been reasonably well cared for. Where this history is found wanting, the price will tend to be driven down. By contrast, cars which are in excellent condition will tend to command an excellent price – and this price often offsets much of the cost of the maintenance itself.

If you think of your car as an investment (or a liability), then you might think of money and time spent on maintenance as a way of protecting that investment (or minimising the losses conferred by that liability).

Fuel economy

Many of the components and systems that are tuned during a service will directly lead to a loss of fuel efficiency. Tyres, brakes, and transmission all play a role in the clean and efficient operation of your vehicle; thus, when they are tuned and maintened, the vehicle as a whole will tend to run more efficiently.


As well as preventing a breakdown, regular maintenance can also help to prevent a collision. Sudden failures of the engine or brakes, even if they are marginal, can cause an accident to occur where one might have been prevented. As well as putting the driver and passengers in harm’s way, this kind of neglect may also jeopardise other road users and pedestrians.

Regular maintenance is therefore the socially responsible thing to do, as well as being sensible from a self-interested perspective.

Longevity and performance

The right maintenance will allow your vehicle to function optimally for longer. You’ll get superior power from your engines, superior grip, and a generally superior driving experience. In the long term, you’ll also save money that you might otherwise have to spend on more expensive replacements and repairs.



Ways Financial Tech Is Changing The Loaning Industry



Ways Financial Tech Is Changing The Loaning Industry

Fintech, or financial technology, is rapidly transforming the loaning industry. Fintech companies are making loans more accessible, affordable, and efficient for both borrowers and lenders by leveraging innovative technologies such as artificial intelligence (AI), machine learning (ML), and big data. In this blog post, we will explore some of the key ways in which fintech is changing the loaning industry.

Streamlined application and approval process

One of the most significant ways in which fintech is changing the loaning industry is by streamlining the application and approval process. In the past, borrowers often had to endure lengthy and cumbersome application processes that could take weeks or even months to complete.

Fintech companies have revolutionized this process by making it possible for borrowers to apply for loans online in a matter of minutes. They also use AI and ML to automate the approval process, which means that borrowers can often receive a decision on their loan application within hours.

Improved credit scoring

Another key way in which fintech is changing the loaning industry is by improving credit scoring. Traditional credit scoring models rely on factors such as credit history and income to assess a borrower’s creditworthiness. However, these models often exclude people with limited or no credit history, as well as those who are self-employed or have irregular income.

Fintech companies are developing new credit scoring models that take into account a wider range of data points, such as cash flow, spending habits, and social media activity. This allows them to assess the creditworthiness of borrowers who may not be eligible for loans from reliable money lenders.

Personalized loan products

Fintech companies are also using technology to create more personalized loan products. In the past, borrowers were often limited to a few standard loan products, such as personal loans, mortgages, and auto loans. However, fintech companies are now offering a wide range of specialized loan products to meet the specific needs of different borrowers.

For example, some fintech companies offer loans to students, small businesses, and people with bad credit. Others offer loans for specific purposes, such as home renovations, medical expenses, and weddings.

Peer-to-peer lending

Peer-to-peer (P2P) lending is another innovative fintech model that is changing the loaning industry. P2P lending platforms allow individual investors to lend money to borrowers directly. This eliminates the need for traditional financial intermediaries, such as banks.

P2P lending can offer borrowers lower interest rates and more flexible terms than traditional lenders. It can also be a good option for borrowers with bad credit or limited credit history.

Speedy disbursement

Fintech companies are also known for their speedy disbursement of loans. Once a loan is approved, borrowers can often receive the funds within hours or even days. This is a significant advantage over traditional lenders, which can take weeks or even months to disburse loans.


For Borrowers 

The changes that fintech is bringing to the loaning industry offer many benefits to borrowers. For example, fintech makes it easier for borrowers to access loans, even if they have bad credit or limited credit history. Fintech also offers borrowers more personalized loan products and lower interest rates.

For Lenders

Fintech is also transforming the loaning industry for lenders. Fintech companies are helping lenders to automate their processes, reduce costs, and reach a wider range of borrowers. Fintech is also helping lenders make better lending decisions by using AI and ML to analyze data more effectively.


Fintech is rapidly changing the loaning industry, making loans more accessible, affordable, and efficient for both borrowers and lenders. As fintech continues to evolve, we can expect to see even more innovative and disruptive changes in the loaning industry in the years to come.

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