I just read a very interesting article on balance transfers over at Rob Lewis’ Money Watch site. Many people have built up outstanding balances on credit cards over the last few years, using their cards to meet day to day living costs, as well as more expensive purchases. What many don’t realise though is that they […]
Prepaid credit cards are far from a new idea – the principle has been around for many years with such items as prepaid electric meter cards etc all working on the same principle.
In essence what a prepaid credit card offers is the facility to make purchases and payments through the Visa or Mastercard system, in the same way as someone using a “normal” credit card would – this is the same for purchases both in stores, shops, restaurants etc. as well as with online shopping on the internet………
It is common for people to have more than one debt – for example you may have a mortgage, a personal loan, a few credit cards, hire-purchase etc. Nobody likes debt, unless it is being used as leverage for an investment, and for the majority of people the quicker it is paid off the better!
It can sometimes seem impossible for first-time buyers to get a foot on the property ladder, especially considering property prices in the UK today. Here are 5 tips for first-time buyers to help them with their search for a new home: – 1. Save as large a deposit as possible. In the current credit crunch […]
Many people don’t realise but whenever you apply for credit, whether it be a mortgage, credit card, monthly contract mobile phone etc, part of the application process is that you give permission for the lender to check with a Credit Reference Agency (CRA) into your credit history, and based on the information stored there, together with the information in your application.