Credit

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I had got a new job in a bank, I was petrified as I was going to be lending money to people and I didn’t really have any knowledge on personal loans. The job description said that full training would be given. So here I was on my first day, sat in an office with [...]

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It is very difficult today to get a mortgage, a loan or any kind of financing, even a credit card, without a good credit rating and credit score. Loan companies and banks are hesitant to make loans and mortgages unless the person applying for the mortgage or loan has a clean credit report and gives them a good credit score. Your credit rating and credit score is needed when you apply for a job, try to rent a home or apartment, or buy a car, as well as applying for a loan or mortgage.

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Sainsbury’s Finance has become the latest personal loans provider to join the battle of rates.  It has lowered its best buy loan rate to 7.2%, however it is only available to Holders of Nectar cards on loans between £7,500 and £14,999. “The move undercuts the previous market-leading deal of 7.3% which was available for all [...]

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