One of the most popular methods of payment, credit cards, they have gained immense popularity and importance for the benefits they carry. What are Credit Cards? A credit card is a unique type of card issued by financial institutions, that lets you borrow money from a pre-approved sum, to pay for goods and services but with a condition, that the borrowed sum should be paid … [Read more...]
What is a Good Credit Score in the UK?
A credit score is what lenders use to gauge an individual when applying for credit. If you have a higher credit score, lenders will perceive you to be a lower risk. When you apply for a loan, credit card or a mortgage with a good credit score in the UK, you are more likely to get approved and get better interest rates. There is no ‘magic number’ for a credit score. Different … [Read more...]