Experian has announced that its credit score is available free for everyone, forever, courtesy of their new comparison service “CreditMatcher”.
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.
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 good chuckle. The Sub-Prime Primer Credit for […]
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 perfectly honest, although I’d […]
Kirsten at the Simple Pound found an animation on FT.com which explains why the current “credit crunch” has occured. View the animation. I love these sorts of things – they can make understanding a complex problem much simpler.
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 free credit report service that […]
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. If think you may be […]
More than a dozen firms promoting IVAs to people unable to cope with their debts have been ordered to stop using misleading adverts
Consumers looking to compare credit cards and transfer an outstanding balance are being alerted to news from Yorkshire Bank and Clydesdale Bank.
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.