Bad Credit Debt Consolidation: The Bankruptcy Alternative
The way to establish a good credit rating is to use your credit in such a manner that your total debt never approaches your total credit limit, and that you always make your payments by their due dates. Getting a bad credit rating means that you have a record of incurring over limit charges and late payment fees.
But no matter how stellar your credit history, as long as you owe money, you are at risk of having that credit history damaged either by bad financial management...
Property Investment Abroad -- Beware of Guaranteed Rents
UK buy-to-let investors are being tempted by offers of guaranteed rents on property deals around the world, but how good are these deals in real terms and will there be any rental demand once the guaranteed period ends?
Secured Loans / Second Mortgages
During the past five years lenders have seen a boom in the demand for second mortgages as borrowers look to capitalise on the equity in their home. The low cost of borrowing coupled with the spiralling value of homes in the UK has led to a substantial strengthening of the equity position of many a homeowner. The equity position of some homeowners is in fact so strong that they now find themselves in the fortunate position of having more equity in their home than they have deb...