Your Money Marketplace

Do Britons Care About Credit Card Security?

Posted on 03. Mar, 2010 by emilythomas.

A recent analysis conducted by Adeptra, a web security specialist, suggests they do not — at least when it comes to regularly checking their statements. According to UK.CreditCards.com, British consumers check their statements less frequently than Americans do. The study revealed the following:

11% of US bank and credit card customers check their accounts daily, whilst 53% [...]

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Can I Get a Credit Card Past Bankruptcy?

Posted on 25. Feb, 2010 by emilythomas.

While a bankruptcy hanging over your head can seem like a life sentence, the truth is that you can get past a bankruptcy given enough time and proper financial behaviour.  The fact that you qualified for a bankruptcy indicates that you convinced a court that you needed help resolving debt you had.  Not everybody goes [...]

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UK Credit Card Reform to Follow US CARD Act?

Posted on 22. Feb, 2010 by emilythomas.

Starting today, American credit card companies must comply with many provisions of the CARD Act (Credit Card Accountability, Responsibility and Disclosure Act). Some provisions of the CARD Act were enacted 6 months ago and some were today.
CARD Act Key Points:

Card issuers generally must give card holders 45-day notice of significant changes to the terms of their [...]

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Be on BBC’s Money

Posted on 22. Feb, 2010 by emilythomas.

BBC Two is developing an exciting new series Money, which is about attitudes to money and wants to speak to you. You must be 18 years of age and over to apply to participate in the series. Here’s how you apply – opportunity ends on 5 May 2010:
Phone: 020 7557 2364
Email: moneyresearch@bbc.co.uk
For more information from [...]

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Credit Ratings: Credit Jargon Explained

Posted on 16. Feb, 2010 by emilythomas.

Most of the time, “credit rating” means the same as “credit score.” But occasionally, people use the term credit rating to refer to a broad classification of credit scores, which helps to determine risk.
For consumers, credit ratings fall into 5 bands, one star to five stars, where one star indicates sub-prime credit customers and five [...]

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National Credit Score: Credit Jargon Explained

Posted on 15. Feb, 2010 by emilythomas.

Your National Credit Score is a credit score based on the information in your Experian credit report. It is a number between 0 and 1,000. A higher score suggests that you will probably find it easier to borrow money or buy goods on credit and may be offered better deals than if you have a [...]

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Go Team GB!

Posted on 15. Feb, 2010 by emilythomas.

Best Wishes to Great Britain’s Winter Olympic Team in Vancouver!
See pictures of the Team at the opening ceremony here.

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Smart Credit Score Moves For 2010

Posted on 12. Feb, 2010 by emilythomas.

Credit Karma Blog suggests making these 5 smart credit score moves this year:

Automate your bill pay.
Review your credit cards.
Get rid of debt!
Check for errors.
Consider debt consolidation.

To read the full article click here.

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Refused for Credit?

Posted on 12. Feb, 2010 by emilythomas.

Here’s what you should do if you’ve been refused or rejected for credit:

Get the name and address of the credit reference agency that the lender used in the application process. If a credit reference agency wasn’t used, ask to see the information the lender has about you.
Check your credit report and credit score and correct [...]

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Credit Scoring: Credit Jargon Explained

Posted on 10. Feb, 2010 by emilythomas.

Credit Score, Credit Rating, Credit Report, Credit Scoring, Credit File…………….???
We hear these terms quite often, but what do they really mean? Are they the same or different? I did some research to find out and will share my findings with you over the days to come.
According to Experian, credit scoring is:
“The information on your credit report [...]

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