Many of us have more than one loan.  We tend to have a few loans  running at the same time, these could be credit card’s, motor loan and possibly a personal loan.  On many of these different products, it is likely that you are paying different rates of interest, and in many cases if these loans are small, then they tend to be quite high.  However this is one way in which you could potentially... 

There is hardly a day goes past now when we don’t hear that another business fails.  From big household names like Woolworths at the start of the Credit crunch to very recent ones such as T.J. Hughes and Jane Norman.  Unfortunately it is a sign of the times, and it is likely that there may be more casualties on the High Street.  However many of us will find ourselves in a position were we... 

Recent changes to the Consumer Credit Act have now made it possible to “Withdraw” from a credit agreement.  The change, part of the Consumer Credit Directive came in force on the 1st of February 2011.  The Consumer Credit Directive – Withdraw, Not Cancel. Changes to Consumer Credit Legislation now fall under the scope of what is called the Consumer Credit Directive, or CCD for... 

When ever you apply to a Bank or any other financial institution for a loan, a credit card, or even a mortgage or savings account you will be asked to complete an application form as part of the process.  The details that you give them are usually input into a computer system which will assess your identity and your ability to repay what you have borrowed. The information that you provide the lender... 

Many of us have one credit card, and it is the same credit card that we have had for years and have most likely taken out with our own bank were we are also more likely to have our mortgage, our savings account and current account, and a whole range of other financial services.  For many of us it seems to make sense to keep everything together.  However this is not always the case.  You may think... 

There will be times in our lives when we will need to borrow additional money.  It could be for a new car, or when a large appliance breaks down,  possibly for a family wedding, or maybe even to go on the holiday you have always dreamed off.  For many of us we have always tended to borrow from our own bank.  We walk in the door and apply for a loan, if it is granted then the money is transferred... 

I was recently in a large out of town retail park, doing some shopping, and practically every large store I went into were offering me a fantastic opportunity to save up to 20% off my purchase if I took out a store card with them. On the face of it this seemed like a great deal, and a fantastic way to save money –   however be warned!  These cards which look and feel like credit cards have... 

British banks today lost a High Court ruling when the Judge declared that the banks must look retrospectively into how they sold Payment Protection Insurance on loans, credit cards and mortgages.  The ruling, which could potentially cost the banking sector up to £4.5 Billion pounds as a result.  Naturally the banking sector is reeling from the ruling, with the British Bankers Association saying ... 

From the dawn of time, people have been lending money to each other in one form or another.  This gradually gave way to the massive financial institutions that we have today forming the banking sector.  However there always has been other alternatives than borrowing from your Bank, as Credit Unions and co-operatives can testify to.  However recently there has been a massive rise in whats knows as... 

We live in a different generation than our parents and grandparents, who didn’t have access to easy credit.  Even in this period after the banking colapse, it is still relativly easy for many to get their hands on affordable credit.  The Credit card – millions of us have them, and they have got many of out of a tight squeeze, or enabled us to buy the new washing machine when the old... 

Being declined for credit can be difficult for a lot of people. After all, it’s a reflection on your finances and ability to pay your bills. These days, even those with excellent credit profiles are being turned down for new cards or other forms of finance as companies tighten their lending criteria. But if you are turned down, what action can you take? If you’re declined, the lender may... 

You might believe that using your credit card to buy something simply gives you the same rights as if you’d used cash. It does give you those rights, but it also offers you even more in the way of protection. Equal Liability Whether you use a UK credit card to make your purchases at home or abroad, you may be able to claim against the credit card company, instead of the trader, if things...