Category: Borrowing Money
How to Resolve Credit Card Disputes and Complaints UK
Understanding Credit Card Disputes Understanding Credit Card Disputes A credit card dispute arises when you challenge a transaction or charge on your credit card account that you believe is incorrect, unauthorised, or unfair. Disputes can involve a range of issues, from billing errors to fraud, and it’s important to know your rights and the steps…
Credit Card Interest Rates and Fees Explained Simply
Understanding Credit Card Interest Rates Understanding how credit card interest rates work is essential for managing your finances and avoiding unnecessary costs. Interest rates determine how much you pay to borrow money on your credit card if you don’t pay off your balance in full each month. Here’s what you need to know: What Are…
What to Do If You’re Struggling With Credit Card Debt
Understanding Your Credit Card Debt Understanding Your Credit Card Debt Credit card debt happens when you spend on your card and don’t pay off the full balance each month. The remaining amount carries over, and interest is usually added, making the debt grow over time. Even small unpaid balances can quickly add up, especially if…
Credit Union Loans
What Are Credit Union Loans? Credit union loans are a unique type of borrowing offered by credit unions – organisations that are run by and for their members. Unlike banks or payday lenders, credit unions operate as not-for-profit financial cooperatives, meaning they are owned and controlled by the people who use their services. Any surplus…
Private Money Lenders: Your Rights, Risks and Safe Borrowing
What Are Private Money Lenders? Private money lenders are individuals or companies that offer loans directly to borrowers, rather than through traditional financial institutions like banks or building societies. These lenders often operate independently or as part of small lending businesses, providing an alternative source of funding for people who may not qualify for mainstream…
