Lending firms, credit unions, and banks typically imposed strict requirements on their loan products. For example, if you need to borrow money, your credit score should be good to excellent to get the loan. In such a case, it isn’t easy for borrowers with poor credit ratings to avail themselves of a loan that they […]
What Is Considered a Good Credit Score?
The importance of your credit score is not limited to borrowing. This is a universal indicator of creditworthiness. It is checked by insurance companies, landlords, and recruiters. A favorable total can help you rent the best apartment or secure the best job. But how many points should you target? In short, it depends. The two […]
How Social Media Impacts Credit Card Debt
How Social Media Impacts Credit Card Debt. Social media has a massive impact on today’s society. Whether directly or indirectly, we can’t argue with the ripple effect that it has. From celebrities to online influencers, social media has become a lucrative business opportunity. But at what cost? With consumerism comes currency. To have these things, […]
Done With Debt? What Next?
Clearing your debt after many years of battling repayments can be very freeing. Not only will you now have more disposable income, but you can focus on your savings and your other goals – a fresh start for your finances that will open you up to a lot of possibilities. So what’s next after you’re […]
What is an IVA and are there any alternatives?
No-one likes to think that they are in debt that they cannot get out of. However, the truth is that this is something that effects people across the UK. Borrowing money can be useful, but, it can also quickly get out of hand, which means that you find yourself unable to pay it back and […]