If you’ve been following the news over the last four years, you’ve probably noticed how significantly bank loans to individuals and businesses have decreased. Despite trying various tactics to boost credit availability, getting loans from traditional banks feels harder now than ever. As a result, both businesses and consumers are turning to different financial sources, …
Are you surprised by the state of consumer loans in the UK? Check out how quickly UK residents are taking on debt with our real-time debt tracker.
Understanding your credit score is essential because it plays a big role in determining your ability to get loans or make major purchases. If your credit score is holding you back, it’s time to take action and improve it. Here are some practical tips to help you boost your credit score quickly, which can lead …
Choosing the right rewards credit card can feel pretty daunting because there are so many choices out there. Each card has its own terms and rewards systems, and some are definitely better suited for certain spending habits than others. Picking the wrong card could mean missing out on some great perks or even cashback. Here …
Managing debt can be one of the toughest financial hurdles people face. It’s great to want to tackle it quickly, but it’s important to avoid some common mistakes that can actually slow down your progress and cost you money. Here’s a look at five common errors and how to avoid them: 1. **Not Having a …
Feeling stressed about how to manage your debt? You’re not alone. There are several strategies you can try to become financially independent, but choosing the best one can be a bit overwhelming. It’s important to have a plan, especially if you have different types of debt, otherwise, you might find it hard to make progress. …
Picking the right rewards credit card can feel overwhelming because of the different earning rates, types of rewards, and redemption rules. If you choose the wrong one, you might miss out on valuable perks or cash. Here’s a rundown of 10 top-notch rewards cards you might want to consider: 1. **Chase Sapphire Preferred Card**: This …
Navigating the world of rewards credit cards can be tough because of all the different options out there. They all have different ways of earning rewards, offering perks, and stipulations which can make comparing them complicated. However, missing out on top-of-the-line options could mean you’re giving up on a lot of benefits and potentially big …
Believe it or not, your credit score is really important. It can affect your job opportunities, how much interest you pay on a loan, and even if you can get a loan at all. Since the Great Recession and the housing market slump, getting a loan has become tougher. A FICO score of 650, which …
A Home Equity Line of Credit (HELOC) lets homeowners tap into their home’s value, using it as collateral. It works a bit like a second mortgage, operating as a line of credit. If you’re weighing a HELOC against a Home Equity Loan, there are some key differences to consider. A Home Equity Loan provides a …