Personal Finance and Investing

Credit card companies are using a new ploy to hang onto customers. Fear.  Last week I applied for a new credit card. My application was accepted. But when I received the final details – my credit limit, and the interest rate I would pay – I decided the card wasn’t for me after all. So I phoned up the credit card company and tried to cancel it. That’s when the representative from the credit card company really started to lay it on. She warned me that my decision to cancel this card would appear on my credit report.  And because of this – she said – I would struggle to get credit in the future.  Leaving aside the fact that this is a pretty nasty tactic for keeping customers, it’s not actually true.   Luckily I knew this, so I continued with the cancellation.  But if I hadn’t had this knowledge, I could easily have been bullied into keeping it. So it’s time to get familiar with your credit record and what affects it. Otherwise you

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Smart holiday shopping starts with a budget and a game plan. Without these two things, your holiday shopping expenses can quickly spiral out of control. Most of us have been in the situation where we charge our holiday purchases to our little hearts’ content, only to be sacked with huge credit card bills come January.

There are a few, simple ways, however, to make this holiday season memorable – without breaking the bank:

• Make your list and check it twice – There is nothing more detrimental to your holiday budget than wandering the stores without a general idea of what you are looking for. It is

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Are you concealing a debt from your loved ones? Research by AXA suggests that a staggering 12.2million people in the UK are hiding some sort of debt from their partner, family or friends. That means almost a quarter of us are lying about the state of our finances. And we’re not just talking about a few hundred pounds. The average ‘hidden debt’ is £4,096.32 according to AXA’s research – that’s £50billion in total.

Aside from any damage to your relationship, this can cause real problems for couples who want to take out a joint financial product.

If you want a mortgage or a home improvements loan as a couple, one partner’s existing debt could scupper your chances.

So what are the main avoidable reasons for debt and how can you recover your financial stability? W

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The tax attorney is a lawyer who can be easily located and found in law firms that are into tax-related issues to assist citizens on problems related to payments of taxes. This is a person who is an expert on the field of troubleshooting problems concerning taxes. He is the one that can be readily approached by a taxpayer in case of problems that are relevant to taxation.

If you have some questions or issues relating to taxation the tax lawyer is your instant ally. You do not need to go any elsewhere if you are confronted with such nature of predicaments.

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