Make your credit cards work for you

Tuesday, October 7th, 2008

We’re all desperate to make our money go as far as possible at the moment, so one thing to consider is only using credit cards who offer you an incentive to do so. An example of one such card is the Tesco Bonus credit card which is the only card ...

Is Santa Skint

Wednesday, October 1st, 2008

[caption id="attachment_115" align="alignleft" width="300" caption="What will you get this christmas?"][/caption] Several reports recently have shown that many UK families are planning on spending a lot less this Christmas than they normally would. Half of Britons are dreading the run-up to Christmas and many are planning to cut back not only on presents ...

Your student finances – the dos and don’ts

Thursday, September 25th, 2008

As a new student you’ll find yourself bombarded with offers of loans and credit cards, even though we’re in the middle of a credit crisis. You’ll probably find yourself very tempted to spend all of it too! However, try to remember that statistically, in addition to your government student loans, ...

Get out of debt without a loan

Saturday, September 6th, 2008

The Credit Crunch is a long way from over yet, household and personal finances are set to suffer a lot more strain. If some analysts are correct The Credit Crunch is going to last at least another 18 Months. One part of your finances that you could probably save money on is credit cards. ...

UK consumer debt totals over £1 Trillion

Sunday, August 31st, 2008

Research from leading accountants Grant Thornton has shown that the total amount owed by UK consumers in the form of mortgages, loans and credit cards has increased by 7.3% in the 6 months preceeding June. The figure now stands at nearly £1.5 trillion. During the same six months, the UK's Gross Domestic Product (GDP) only increased by ...

Credit Card issuers ‘hounding’ out 1.8m customers

Wednesday, August 27th, 2008

Some UK credit card companies are said to be ‘hounding’ nearly 1.8m responsible customers in the last year in order to force them to give up their cards.  The customers targeted are those who always pay their credit card bills on time, but who are not generating the card companies any ...

Credit cards hit by credit crunch

Sunday, August 10th, 2008

In the last two months, credit card issuers have put up the cost of borrowing on credit cards over 120 times. These increases have included higher interest rates, bigger fees to use cards overseas and increases in balance transfer charges.   In the main, these increases have been very quietly introduced ...