Credit cards can often seem like an easy solution to that all-too-common problem. Too many bills and not enough money. Then Christmas comes around before we know it, your credit card seems like the only way you can buy those must-have gifts. The same can be said for birthdays and […]
Cheap loans seem to have grown in popularity over the last decade or so. Many financial experts put this down to the financial collapse a few years ago. This drove the need for cheap loans to help out families that were in tough financial positions. Even though the financial market […]
Landlords should face tighter borrowing rules and tougher affordability tests according. That’s the verdict of the Bank of England. The bank wants to crack down on the problem of buy-to-let lending. The Prudential Regulation Authority, which regulates banks, has said that it wants to make checks stricter. This will ensure […]
Interest rates are often a hot topic of discussion for many people. At the time of writing, the Bank of England’s “base rate” of interest stands at 0.50%. If that rises, it will almost certainly have a profound effect on the economy. For example, your mortgage interest rates will also […]