The BBC reported in the news today http://www.bbc.co.uk/news/business-11516189 that excessive interest rates charged by credit card companies are to be considered as part of a review. Credit card interest rate charges are exceedingly high, and making any in roads into the debt, is at times impossible, repayments are used to cover the interest instead of [...]
Archives for October, 2010
Obtaining credit may have become harder!
With the banks being reluctant to lend at the moment obtaining credit may have become even harder, as lenders are now looking at the credit history before agreeing any borrowing they are not relying solely on the credit score. What impact will it have on your ability to obtain credit? Do you have a good [...]
category: Debt, Financial Education
Debt
Is your financial situation causing you sleepless nights? Do you feel you are struggling to keep going with your debts, and wondering why bother?
