UK Consumers Regaining Control Of Runaway Levels Of Personal Debt
The UK in recent years has seen a massive growth in the levels of personal debt and thanks to increases in secured loans corresponding to a strengthening of the housing market; it does not appear to be slowing down. Recent figures from Creditaction show that since the end of 1993, when debt levels were around [...]
The Credit Card – Quick History
Common enough today, a model of the credit card in it’s current form was first invented by a fiction writer in early 1887. Edward Bellamy, author of “Looking Backward”, mentions the credit card in the context of a utopian and socialist American society of the distant future. His hero falls into a hypnotic time traveling [...]
Never Use Payday Loans
Should I Ever Use a Payday Loan Service? In the past several years, payday loan stores have been popping up all over the country. With names like “Check Into Cash,” “The Cash Store,” and “EZ Money,” they offer unsophisticated consumers the promise of quick, easy cash with few questions asked. But at what price? The [...]