I recently read an old article about the Credit card companies refusing to lend applicants with spotless credit files; these people were considered by the credit card companies to be able and willing to clear their credit cards debts monthly and the lenders would not make any money from this type of client. These...
Read More »
Online Cash Advances If you have poor credit and you think that means you cannot borrow money, then think again as online cash advances allow you to do both. You might be like millions of others in the Commonwealth. You have a less-than-perfect credit score, and as such have been turned down for credit...
Read More »
ID Fraud Can Damage Your Finances If You Become A Victim of ID Fraud it will cost you money to sort it out. Our Financial Expert, Mark Aucamp, has discovered that a tsunami of ID fraud is Overwhelming Britain today. This is based on a survey by Infosecurity Europe. Such fraud can lose, and...
Read More »
Britain struggles under the weight of historic debt caused in part by the banks irresponsible lending policies and the public’s belief that they could control their high mortgage costs, credit card debts and loan repayments. Credit card providers in the past have issued new credit card agreements to anyone and everyone without conducting proper...
Read More »
It looks likely that the government will soon introduce legislation to crackdown on the credit card industry. Proposed legislation will hopefully put a stop to credit card companies increasing credit limits without a direct request from the customer. In the past credit card providers have increased the amount a client can borrow by just...
Read More »
BBC Panorama – “Won’t Pay, Can’t Pay” Last night the BBC One showed a Panorama programme called “Won’t Pay, Can’t Pay” where they investigated openly about finance agreements being flawed and unenforceable and how a couple had exploited loopholes in the law to have thousands of pounds worth of debt written off legally. They showed...
Read More »
The money saving tips discovered that the current growth of UK debt is £1million every 8 minutes and we all contribute a Stonking £263 million in interest a day. There is currently 27.4million credit cards transactions made a day with a total value of £1.56billion. The total credit card debt in the UK for...
Read More »
If you are at this stage you have buried your head for long enough. The demand letters just keep on arriving daily and you are now on first term names with the guys and girls at the mortgage, loan and credit card collection departments. What ever you do don’t stop paying your mortgage. Talk...
Read More »
No, that’s not a misprint. Even though falling interest rates are good when you want to get a loan, they are bad for people with savings accounts. In this economy your best investment- the best place to put your money – is into paying off debts. Think of it as investing in your debt...
Read More »
When you originally applied for a credit card you were probably offered a £500 credit limit and over time you find that your credit card provider increased your credit limit many times. Often they have increased it without you having requested an increase. After many years of using your credit card regularly your borrowing...
Read More »
