The credit crunch has been at the forefront of most people’s minds recently and the term itself is slipping into everyday usage. But what exactly does it mean? A credit crunch scenario lives up to its name and comes about when banks and lenders do not have as much money as considered ‘usual’ to lend to consumers and businesses....
There are a number of reasons that you could find yourself with a bad credit rating; from missing a mortgage repayment to having a partner with a lot of debt. Regardless of the cause, having bad credit shouldn’t mean your life should be put on hold. Having bad credit can be frustrating and many people feel embarrassed about their financial...
Considering that they’ve been around for a fairly long time, it seems rather odd to describe credit and debit cards as being a national craze, but there really is no other way to describe Britain’s obsession with plastic! Since the concept of the credit card was first described in Edward Bellamy’s utopian novel ‘Looking Backward’; a book written in 1887 and...
