Credit cards can be useful and convenient for paying for goods and services. They are, however, a way to get quickly and deeply into debt. The high rates of interest and a low minimum repayment can create problems for borrowers. Debt can grow, and many have found themselves buying things on impulse they can't afford. … Continue reading Should I Get a Credit Card?
At some point in our lives, many of us will borrow money. This might be to buy a home, car or other goods. Retailers, banks, credit card companies want us to borrow. There are advertisements wherever you look, which are tempting you to buy now - pay later. Borrowing invariably is a bad thing, perhaps … Continue reading The Danger of Debt