Credit Cards

Should you cancel an unused credit card?

If you own a credit card you no longer use, you may consider cancelling that card. The reasons for cancelling a card can vary, but your issuer might have: Raised the annual percentage rate (APR). Rather [...]

Turned down for a credit card, loan, or mortgage? Here’s why

If you’ve recently applied for credit card, loan, or mortgage, and been rejected, it can be a frustrating experience. Understanding why it has happened could improve your chances of being approved in [...]

5 credit score mistakes you should avoid

Sometimes you can spend so much time trying to improve your credit score that you don’t realise that you might be hurting it instead. Your credit score is typically made up of a few different parts, [...]

How to calculate your net worth

There are many ways of measuring your financial health. Credit scores and savings milestones and investment portfolios all work together to complete a portrait of your financial aptitude. But there’s [...]

5 credit card mistakes to avoid

The road to a credit card debt pileup is often paved with spending that seemed like a good idea at the time. But too many well-intended moves can lead you into a financial ditch and ruin your credit. Joseph [...]

What is APR and how does it work?

Almost everywhere you look you’ll see the term APR – on credit cards, cars, loans, and even sofas. But what is APR? Knowing what APR means, and how it works for you and against you, is vitally important [...]

UK interest rate rises to 0.75%: Here’s what you need to know

The Bank of England has increased the base interest rate from 0.5% to 0.75%. This is only the second time that the base rate has been raised since the global financial crisis a decade ago. This base rate [...]

Here’s why your credit card was declined

Having your credit card declined is a cringe-worthy moment we’d all prefer to avoid. And there are a number of ways you can trigger a rejection. Fortunately, it’s easy to sidestep these deflating [...]

What to know before switching credit cards

As your life changes, so should your credit cards. The travel credit card you used during your university gap year might not suit you after you settle into a full-time job, marry and have a family. A [...]

The most expensive cities in the UK to own a car

Liverpool is the most expensive place in the UK to be a driver, costing the average motorist £4,000. This makes it even more costly than London and Manchester, according to a new survey. Taking into account [...]