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1. Bookmarks: 0 Credit Cards Shamed Into Cutting Charges The Competition Commission one of the governments watchdogs, has at last moved to shame credit cards in to cutting their charges. The long overdue move comes after the Commission concluded that the credit card industry was overcharging customers between £55 and £100 million each year through excessive interest rates and other charges. And this has been going on for a least 3 years!The main culprits by far are store cards where interest rates are as high as 30.9% - even th...
2. Bookmarks: 0 Student Debt and Student Loans The statistics show that more and more students are graduating from university with significant debt. The debt levels are growing year on year and many students will be paying them off for years after they graduate.
3. Bookmarks: 0 Use The Council Bonus To Consolidate Your Debts Many tenants who buy their rented council property under the Right To Buy scheme are unaware that if they have other debts, these can be paid off by taking a loan out against the equity in their property.When Mr. H. from London bought his rented council house last year, he had other financial commitments that he was also paying off – a hotch-potch of debts (credit cards, store cards etc) on which he was paying high interest charges. Mr. H was unaware that, like many p...
4. Bookmarks: 0 Secured Debt Consolidation Explained When people are faced with a lot of debt, whether from credit card, department store cards or some other form of consumer credit, the best solution for paying it off is often to consolidate all the balances with a single loan. In most cases, these consolidation loans are secured by some sort of collateral, such as a house or car.There are a number of ways to find a consolidation loan. There are agencies and services in most larger cities, as well as on the internet, that ...
5. Bookmarks: 0 Putting All Your Eggs Into One Basket With A Debt Consolidation Loan You’ve probably scoffed at the cheesy adverts on TV telling you how taking out a debt consolidation loan can give you financial freedom. However, if you do have debt, a consolidation loan could actually save you money. So how does a debt consolidation loan work and how can it be beneficial to the millions of people who are paying high interest credit on credit cards, store cards, and bank overdrafts? Basically, it is a loan where all your existing debts are lumped tog...
6. Bookmarks: 0 Debt Consolidation – Is Your Future Bright? Most people have taken out plenty of loans and other forms of credit, from various sources over the years. These could include student loans, credit cards, store cards, a bank overdraft, car loan, goods bought on a buy now pay later basis
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