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Tag Archives: debt

Good and bad debt

July 19, 2016

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  Debt is never far from the news these days. Here are some of the similarities and important differences between government and personal debt. The comparison to the kinds of debts held by governments and the problems of that and personal financial responsibility is an understandable one to make. The numbers involved, after all, are [...]

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Guest Post: 5 totally shameless payday loan offers

May 11, 2016

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  From ridiculous interest rates of 1000%+ to poor customer service and tactics bordering on bullying, pay day loan companies get a bad rep. Putting aside the morals of whether or not they should market quick cash and no credit checks to people with bad credit; they sure don’t make it easy for themselves! I’ve [...]

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Say No Way To The Payday Loan

December 8, 2015

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Payday Loans

The majority of us will at some point have come up short money wise at least once in our life. It may have been an unexpected bill or expense that put you off your budget but how did you handle it? There appears to be a worrying growth in the number of businesses offering payday [...]

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The Eurozone Crisis: Timeline

December 2, 2015

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Unless you have been living in a cave the past few months, you will know that there are a number of countries in the Eurozone who are struggling to pay back huge debts they have: the Eurozone crisis.

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Student debt and the ‘baked beans’ dream

October 25, 2015

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The ultimated dinner

What do you do with student debt after you graduate? Repay it of course. Learn from our experience, follow these tips, keep an eye on your goals, watch your spending and you’ll have your debt paid off before you know it.

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40% of households suffer financial slump

August 22, 2015

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40% of households have seen their finances take a dip in the last month, according to financial information company Markit. In a study of 1500 adults, Markit used the Household Finances Index (HFI) to determine the state of the country’s personal finances. They have found that debt levels have gone up in a large proportion [...]

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Student debt projected to hit £53,000 with fee hike

August 12, 2015

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Image via Matt_Baldry

Push university guide has just released the latest figures on student debt for the 2016ers, and they’re not looking promising.

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Guest Post: Tips and tricks to fortify your finances when getting married

January 21, 2015

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A little financial planning and budgeting can make all the difference on your marriage.

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Judge’s debt enforcement ruling condones Identity Theft

January 27, 2013

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Judge’s debt enforcement ruling condones Identity Theft

Image via Wikipedia The BBC report that the OFT has issued guidelines to lenders and borrowers about when their loans and other credit may, and may not be enforced. The guidelines come in the wake of OFT fears that some debtors may be misled into their ability to have debts written off. The OFT draft [...]

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Visa slaps teen with $23,148,855,308,184,500.00 bill for a prepaid card

July 15, 2012

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Visa slaps teen with $23,148,855,308,184,500.00 bill for a prepaid card

Interesting news stalwart Cory Doctorow at BoingBoing is to be thanked for bringing this to our attention. Visa have recorded a $23,148,855,308,184,500.00 charge on a prepaid card.

The Consumerist, who broke the story, point out that’s 2,000 times larger than America’s national debt of $11 trillion and that the ever-vigilant billing team at Visa remembered to add the $20 charge for being in the red. Yes; the card was also suspended.

Prepaid cards are an interesting idea. They work in a very similar way to credit or debit cards except you can only spend the balance that has been assigned to the card. In theory this means it is impossible to run in to debt (as there’s no overdraft option) and therefore ideal for giving to teenagers.

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