Archives for 20 November 2006
Another credit card hey?
We all love the freedom a credit card can offer us, the ability to obtain a luxury item when your funds can’t quite meet the expense is fantastic. The problems begin when we don’t know when to stop, lets say you have a credit limit of £3,000 on your card, does this mean you can […]
UK Personal Debt: A Crisis?
The figures make chilling reading. Personal debt in the UK, including mortgage balances, has doubled in less than 10 years. As at the end of September 2006 it stood at £1,258bn equating to an average household debt in the UK of £50,918, according to figures supplied by Credit Action. Many experts are warning of a […]