The internet is increasingly the place people buy financial products – but websites have made it easier than ever to damage your credit score.
Tag: Credit
Motley Fool: The Dangers Of Debt Consolidation
Some companies offer personal loans that are specifically designed for debt consolidation. These often have relatively low interest rates, which means lower monthly payments. However, they’re usually dragged out over so many years that you end up paying a fortune in interest.
MoneyExpert: Student Barclaycard Condemned For Irresponsible Lending
Debt campaigners have condemned Barclaycard after it announced that it has doubled the amount of credit on offer on its student card.
Motley Fool: The Hidden Costs Of Getting Credit
One thing which financial firms are incredibly good at producing (other than annoying adverts) is small print.