Credit Reports and Scores – Check In Advance

When some people are applying for loans or credit cards, they feel puzzled about the unexpected rejection from lending companies, such as banks. They don’t know why they are turned down. In fact, most lending institutions will have a look at your credit score before they make the decision of lending. By doing so, they can have an idea of your reliability of paying their money back on time. Since they check it by themselves and don’t notify you, you always feel astonished by the unhoped-for Read more [...]

The secrets behind PPI, why it is so profitable

If you looked at the amount of money lenders make in interest from loans and credit cards, you'd be hard-pressed to think of anything that could rival it for putting money in the pockets of the lenders. That is, until you compare PPI insurance with it. Years ago lenders realised that the real money and profitability doesn't come from loans or credit cards at all, but from selling insurance alongside them, or in recent years, mis selling PPI insurance. Read more [...]

What Debt Elimination Really Is

What is debt elimination? Many people around the country are wondering the same thing. Some have said that it is unethical and wrong. Others are convinced that it is the only way to get rid of unmanageable debt in a reasonable amount of time. What is the truth about debt elimination? Read more [...]

What Is Debt Consolidation?

More and more people are burdened by debts. In general, people are facing financial setbacks due to excessive expenses. In the United States and in some other countries, when someone is trapped in debt, it usually implies their use of credit has gotten out of control. It starts when a person chooses to use credit cards to pay for food, gas and other necessities irresponsibly. Interest piles up and things snowball out of control. Your debt can then literally start to take on a life of its own like Read more [...]