It’s been 10 years since the credit crunch of 2007 that sparked a 5-year recession and a global financial crisis. Yet whilst things appeared to be on the up for a few years, it seems that the UK are at risk of another downfall, due to the levels of personal loans that are being taken advantage of.
Continue reading the "What borrowers need to be doing to avoid a financial crisis" »
Falling into debt is an uncomfortable time for many, particularly when the debt equates to a large sum of money. Thinking of how you are going to pay the debt back can play on your mind, as well as the impact it could have on your credit rating.
Continue reading the "Different debts and how they can affect your credit score" »
People who are finding it difficult to manage their money are unable to spend on luxury items, such as going on holiday, it has been claimed.
The volatile economic climate in recent years has left consumers worried about money and more reluctant to spend. Research has shown that many people are concerned about finances and as a result, they are sacrificing spending on luxury goods such as holidays.
Continue reading the "Could prepaid cards be the solution to money management failure?" »