Until the banking crisis in 2008, lenders were virtually throwing money at people and getting a loan or credit was practically routine. After coming under fire for irresponsible lending, they clamped down and the repercussions of that are still being felt six years later. Even now, getting refused for credit can feel like a body
Those Christmas marketing magicians know how to tickle our festive fancy and before we know it, our seasonal ‘must have’ list is as long as your arm. Everything from flashy lights and table decorations to personalised Santa sacks and Christmas jumpers becomes an essential. But stop and think – when the credit card statement hits
If you are thinking about signing up to a tenancy agreement it’s important to do your sums in advance. Committing to rent a property usually entails the signing of a legally binding rental contract, so you need to be sure you can afford to keep up with your rental payments to avoid getting into debt.
Unfortunately, we’re not all blessed with perfect credit ratings, which can cause issues when applying for loans and credit cards. This isn’t always a result of bad financial management and sometimes circumstances mean we’re unable to make the repayments. For those in this situation, there are a number of specialist lenders that are still prepared
Payday loans can be useful in certain circumstances and when they’re used in the way they were intended. They are an option for short term loans or when emergencies arise and there is no other way to obtain the money. Problems can occur, though, if you find you can’t meet the repayments, but there are
Some of the largest monthly costs for any household are related to utility bills. The price of gas and electricity seems to always be increasing and this can put a huge strain on family finances. If you haven’t switched before or have been on your current tariff for a while, comparing prices and moving supplier