gregpenn

When mortgage or rent payments are a problem, credit cards are not the answer. A recent survey by national charity Shelter shows that one million British people use a credit card to make their rent or mortgage payments. Although this helps in the short term, the resulting interest charges only add to the overall debt, making it increasingly difficult to get from one payday to the next. Director...

Debt management ensures a brighter future, say Gregory Pennington With today’s inflated property prices, many people are waiting until later in life to buy property, then taking out longer-term mortgages. As a result, they may reach the end of their working life before they reach the end of their mortgage – their income may shrink as they retire, but their debts do not. In the past 12 months...