Thinking Money | Free Financial Advice and Tips

Debt management plans – do I need to be a homeowner to enter one?

Posted on 05. Mar, 2010.

If you are in debt, the solution to your problems will depend on both your immediate and long-term circumstances. There are a number of debt solutions that could be appropriate for you, and there are a number of things that could affect the suitability of each debt solution for you, such as your income and [...]

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How to Recognize the Best Credit Card Deals for You

Posted on 22. Feb, 2010.

We all get them in the mail: those offers that claim you’ve been pre-approved for a credit card. They often have 0% written all over them. Zero fees, zero interest for a certain amount of time and sometimes they promise cash back and other perks just for owning and using the card. With all of [...]

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Should i choose an IVA or Debt Management Plan?

Posted on 29. Jan, 2010.

When faced with considerable levels of debt, choosing the right course of action is a difficult decision to make. For debts of over £15,000, an IVA or Debt Management Plan are often the most suitable routes moving forward to get back into the black while avoiding the stigma of bankruptcy.
An IVA, also known as an [...]

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A Few Ways to Consolidate Your Credit Card Debt

Posted on 19. Jan, 2010.

Americans love to carry credit cards or plastic money in their wallets. On average almost 14% of Americans carry 10 or more cards. Some may argue this is not sensible as having that many credit cards can be detrimental to your finances.

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Weekend Spending Suggests Credit Card Use Is Rapidly Declining

Posted on 22. Dec, 2009.

Despite most people’s finances not being at their best, it is hard to resist the allure of the the holiday season.
Internet sales have increased by 18% since 2008. November the 29th, now dubbed ‘Cyber Sunday’, saw British consumers spend approximately £320million over in the internet to purchase holiday gifts (and the occasional personal treat). [...]

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How Can I Get Money To Start My Own Business?

Posted on 27. Nov, 2009.

Money is available from many sources for new business start-ups. Simply learn where they are, and then apply. Soon your new business will be on its way.

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Step by Step Process to Reduce your Credit Card Interest Rates

Posted on 27. Nov, 2009.

Are your credit card interest rates making it challenging to pay your minimum payments? If so, it is time to proactively work to reduce them. Contrary to what many consumers believe, there are proven methods that you can employ to reduce the interest rates you are currently paying on your credit cards.

1.Call Your Credit [...]

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Bank of America to test annual fee charges on credit cards

Posted on 22. Oct, 2009.

Bank of America announced plans to pilot an annual fee charge of $29 to $99 on a few of its credit card customers worldwide (about 1 percent) beginning in 2010.
Bank of America is the third-largest credit card company in the US.

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UK Banks to improve transparency in service charges

Posted on 20. Oct, 2009.

Banks in the UK have agreed to ensure that their charges on current accounts are more transparent and easier to understand. The objective is to make consumers better informed to make choices on what the type of accounts to operate and with what bank.

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Will financial crisis happen again and when?

Posted on 07. Oct, 2009.

A year into the financial crisis, a slow recovery process and another financial crisis is being forecasted by no less a figure but a former US Federal Reserve chief.

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