Commonly asked questions about PFC Money Certificates
How safe and secure is my money?
PFC is a financially stable company and has been in business for nearly 30 years. It is a member of the American Financial Services Association (AFSA) which is a national trade association for finance companies and other consumer and commercial lenders who provides financial services at the community level to individuals and small businesses.
Is my Money Certificate insured by FDIC?
FDIC only insures deposits. Money Certificate is considered an investment. FDIC does not insure money you invest in bonds, stocks or municipal securities even if you buy these products from an insured bank.
What government protection does my Money Certificate have?
Personal Finance Center must comply with the registration requirement of Gov’t of Guam Dept. of Revenue and Taxation Banking and Securities Division before it can sell Money Certificates. This is an annual requirement. In addition, PFC is also required to submit quarterly financial Statements to the Dept. of Revenue and Taxation.
PFC also engages the services of an independent Public Accounting firm to audit its financial statements annually. The audited financial report is submitted to its Board of Directors and is included in the annual registration process with the Dept. of Revenue and Taxation.
Commonly asked questions about your Auto Insurance
What coverage do I need?
In Guam, you are required to maintain liability insurance and you need to provide proof of insurance before you can renew your car registration.
What does “full coverage” mean?
The term “full coverage” generally means that the insurance policy has both liability coverage and coverage for damage to your vehicle. The term “full coverage” does not mean that everything is covered no matter what happens.
Your auto insurance policy declaration page lists the coverage you have selected.
What can I do to keep my auto premium down?
Check to see if you’re eligible for any discounts such as claim-free, driver education, auto/home package or multi car. Ask how much you can save by increasing your deductible.
How will it affect my policy if I have an accident?
After the facts of the situation are reviewed, you may be required to pay a higher premium for your policy upon renewal.