Government borrowing is a hot economic topic driving the news agenda. Jobs, politics and economic health are all at risk as the global recession continues to destroy confidence. What is Government Debt Government debt is also known as public debt, national debt or sovereign debt. It is money owed by a central government to be [...]

Banks are still very reluctant to open the coffers and lend to consumers. The squeeze goes on and on. So what can you do if you want to make a large purchase such as a Cycle, Furniture, Car or even an Artwork?   Supplier Credit Niche retailers know their market and customers. Many forward thinking [...]

By agreement to be spending someones money on your needs is to be using credit. You need to know how the repayments can be made and what the consequences of failure to pay are going to be! Finance companies are good at making money for themselves. You should bear in mind that cash is a [...]

Yes, a missed payment on a mortgage, loan or credit card will adversely affect your credit rating. However, it may be possible to mitigate the adverse credit rating affect. Firstly, on realising you have missed a payment, contact your bank and make sure the payment is paid. Secondly, write or speak to the bank, explaining [...]