November 1st, 2008
Just a quick warning for anyone who may be thinking of shopping for this year’s Christmas gifts at Argos – steer well clear of their “Easy Shop Card”, provided by Provident Financial.
Continue reading "Beware 222% APR Argos Card!" »
May 7th, 2008
If you’re wondering how we ended up with the credit crunch, following the problems with sub-prime mortgage lending in the US, then this funny set of slides might help you understand. Beware, there is some adult language, but it’s worth going through the full 40-odd images for a …
Continue reading "The Sub-Prime Mess Comically Explained" »
February 3rd, 2008
As a current (although soon to be ex) Egg customer, I’m interested to see the fallout from their decision to cancel the credit cards of 161,000 customers.
According to Egg, they are no longer willing to give credit to those who they say now pose an unacceptibly high risk.
To be …
Continue reading "Egg Cracks" »
November 22nd, 2007
Kirsten at the Simple Pound found an animation on FT.com which explains why the current “credit crunch” has occured.
I love these sorts of things – they can make understanding a complex problem much simpler.
Continue reading "The Credit Crunch Explained" »
September 27th, 2007
A few days ago I posted some tips for improving your credit rating, one of which was to ensure you monitor your credit rating.
Generally, you have to pay a company such as Experian or Equifax a couple of quid for your report, but I’ve just been reminded of a …
Continue reading "Get A Free Annual Credit Report" »
September 20th, 2007
Out of curiosity, I recently checked my own credit rating, just to make sure there was nothing nasty on there (and why should there be?!). What it did tell me was that having moved house within the past year could cause me problems if I applied to get more credt.
Continue reading "Tips For Improving Your Credit Rating" »
January 17th, 2007
More than a dozen firms promoting IVAs to people unable to cope with their debts have been ordered to stop using misleading adverts
Continue reading "This Is Money: Crackdown On IVA Sellers" »
January 12th, 2007
Some 53 per cent of homeowner loans held with building societies will not be affected by the Bank of England’s (BoE’s) recent base rate rise, it has been claimed.
Continue reading "MoneyExpert: ‘Over Half’ Of Homeowner Loans Protected From Rate Rise" »
January 12th, 2007
Consumers looking to compare credit cards and transfer an outstanding balance are being alerted to news from Yorkshire Bank and Clydesdale Bank.
Continue reading "MoneyExpert: Banks Waive Balance Transfer Fees" »
January 11th, 2007
Continue reading "Motley Fool: When Balance Transfers Backfire!" »