30 August 2011

What Benefits Can I Get With My Credit Card?

Choosing a credit card can be difficult at the best of times. Today there are hundreds of deals to choose from, and it can all get a bit much. Whether you just a regular credit card or one that offers rewards, there is something out there appropriate for you, it just might take a bit of research.

First things first! Decide how you want to be rewarded! Other than reward credit cards, which offer a variety of ways you can benefit from your spending, you can now get football credit cards and even charity credit cards.

Reward credit cards let you collect points as you spend, which are redeemable for a variety of things from air miles, hotel rooms, a selection of shops and even petrol. You can now sign up to cards that have even more specialised reward schemes.

Football credit cards are being put on the market by many of the top football clubs in England. These cards let you collect points as you spend, which are redeemable for exclusive offers, merchandise and even tickets for games. Often the card provider will make donations to the club on your behalf without you spending a penny.

Charity credit cards work under the same premise as other reward credit cards, the only difference being that you earn money to be donated to your preferred charities. By having one of these cards, you can donate to worthy causes as you spend, the money coming from the credit card provider not your pocket. This is a great way, as well as donating, to contribute to charitable causes.

Whatever it is you are after from a credit card, always make sure you do your homework and fully understand what it is you are signing up to. Never borrow more money than you can afford to pay back, as you could be in danger of getting into a debt spiral and seriously damaging your credit rating and chances of borrowing again in the future.

19 August 2011

What Is A Payday Loan?

With the cost of living increasing almost daily, money can get tight sometimes. Why not get a payday loan to tide you over? If you are bit low on cash, or get an unexpected bill or expense, then a payday loan could get you out of a financially sticking situation. You can normally borrow anything up to £1000 for a period of 2 weeks to a month, so they are specially designed to give you a bit of cash until your next paycheque clears.

There are lots of different payday loan companies out there, so make sure you research the market before you commit to anything. Never borrow more money than you can afford to pay back, or you could get into debt. You can compare different companies on our website, click here to have a look.

09 August 2011

Violence in London Spreads, is the Cause Poverty?

London is today recovering from the third and most destructive night of violence yet across the capital. The rioting, beginning on Friday in Tottenham following a peaceful protest after the shooting of local man Mark Duggam. Copy-cat activity started almost immediately across London as many youths saw the opportunity to wreak havoc and loot local businesses. The violence and destruction then continued over the next two nights, and has been starting earlier and earlier in the day, with many employers across London sending people home early from work to insure the safety of employees. But can this widespread violence, now being seen in cities outside of the capital, really just be put down to a degenerate few. It would seem that we are in the midst of a social breakdown, unhelped by the high unemployment rate and increasing poverty across the country as the financial crisis is now thought to lead to a double-dip recession.
There is no doubt that the people taking to the streets are from poor backgrounds. The recent impact of cuts in local council funds to general effects of a global recession such as the price of fuel skyrocketing and energy prices going up considerably have all affected the household budgets, incomes and even benefits in recent months. The growing tension between the poorer and the richer population has been on the up, with the richest 10% of the population in the UK now earning 100 times what the poorest equivalents live on.
Although these social problems in no way excuse the violence and criminality being seen on the street of London from Enfield to Ealing, the problems undoubtedly run deeper than just a bunch of greedy kids. 

05 August 2011

E.On Ups the Cost of Energy

Energy provider E.On is now number 4 of the 6 biggest energy companies to hike the price of electricity and gas. The hike will see the cost of gas increase by 18% and electricity to go up by 11% from 13 September this year. The significant increase has been blamed on the 30% hike on wholesale energy earlier this year. This comes as the government released estimates that these rising prices of energy will see up to a fifth of UK households in fuel poverty. Fuel poverty occurs when more that 10% of the household income is spent on fuel to keep warm.

The 5 million customers, both domestic and business, of E.On have already seen a rise in the cost of energy this year, when the company hiked the price of electricity by 9% and gas by 3% in February. These combined increases mean that by the end of the year customers will be paying 22% more for fuel, roughly equating to an increase of £250 on every £1000 spent, a significant hike.