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Your Facebook Friends Could Affect Your Creditworthiness

Your Facebook Friends Could Affect Your Creditworthiness

by Ryan O | Sep 15, 2015 | Credit Cards

  Friends with Poor Credit Habits The social network giant bought a patent enabling it to sell your list of Facebook friends to banks. What this means is that your friend’s poor credit history or unreliable repayment behaviour may have an impact on whether or not...
Understanding the Basics – The Repo Rate and Maximum Interest Rates

Understanding the Basics – The Repo Rate and Maximum Interest Rates

by Ryan O | Aug 27, 2015 | Credit Cards, credit rates, maximum interest rates, repo rate, Sarb

The Current Formula Most consumers aren’t aware of the crucial fact that, as the repo rate is hiked, maximum credit interest rates rise at an ever higher rate. As follows, if you thought credit rates would only be 0.25% higher, after the July repo rate hike, you’re in...
Recipes for Financial Health – Consolidation Loan vs Balance Transfer

Recipes for Financial Health – Consolidation Loan vs Balance Transfer

by Ryan O | Jul 15, 2015 | Balance Transfer Cards, Consolidation Loans, Credit Cards, Debt Consolidation Loans, Quick Little Loans

Spoiled for Choice – Loan or Balance Transfer?   Considering the vast, staggering world of choice we are faced with every day, being torn between debt solutions is not an unusual pickle to find oneself in these days. Naturally, this big decision requires...
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