Credit cards, personal loans, overdrafts, store cards, interest-free credit, catalogue, secured
loan, credit unions, hire purchase…
It’s a money jungle out there and different types of borrowing are designed to suit different
situations. There are many factors to consider and shopping around for the best deal is advisable.
Money Jungle does not promote personal loans and we strongly recommend thorough self assessment before
making any decisions. As with every industry there are good and bad options and shopping around for the
best deal is always advisable. For independent expert advice visit
www.moneyjungle.net/advice
The Financial Services Authority provides an excellent online service
providing debt test tool and a loan
calculator, comprehensive information and lots of useful advice to help you make the right choice.
The new FSA Money Made Clear website can be found at
www.moneymadeclear.fsa.gov.uk.
Credit cards offer a convenient way of paying for shopping for goods and
services. Credit cards can offer protection particularly when shopping on-line.
However, interest rates can be very high and credit cards are not recommended
for other than short term borrowing.
The FSA Money Made Clear website offers comprehensive advice on how credit
cards work, what you should look out for and what to do if things go wrong. See
our Credit, Charge, Debit and Store Card page for
more information.
Refused Credit? Click here for guidance on
action you can take.
Click here for an excellent article in
which Jim Hodgkins, managing
director of
CreditExpert answers some of the most common
concerns about credit and debt.
Your credit rating can be affected by many factors but some commonly held
beliefs about credit ratings are myths.
Click here for ten steps to a better credit rating
Click here for the top six credit myths.
* Looking for a business grant, loan or venture capital?
Visit the Start a Business section.
* Looking for a mortgage? Click here: www.moneyjungle.net/mortgages
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