With far more credit cards around in the UK than there are people it is unsurprising that there are so many different cards on the market. What’s more new cards with new offers are constantly being introduced, and existing offers are being updated and changed. Back when credit cards were introduced for widespread use within the fuel industry in the 1920’s USA little did people know how popular they were going to be. Now in the UK there are on average 4 cards per household, that means there are over 145 million credit and debit cards in circulation. If you already have a card you may be asking yourself why do I need a new one?
Posts Tagged ‘balance transfer’
Compare your credit cards now – things are a changing
Thursday, November 13th, 2008Reduce Your Debt Burden
Friday, November 7th, 2008Should you find yourself in debt, in order to pay any creditors it is advisable to sell some of your possessions. Think long term regarding this – losing a few ‘precious” things now will get you out of debt and once you are back on track you can replace them. If things are a little more serious and it is a car loan or mortgage or indeed both that you cannot repay, think seriously about selling. You may find yourself in the fortunate position of not only having enough funds to pay off your debt, but there may even be some money remaining. If you don’t have anything worth selling it is advisable for you to investigate the possibilities available to help you repair your credit and then start over building your credit rating.