Choosing a credit card, or at least the right credit card for you, is not as straightforward as it might seem. With so many options on the market, having the ability to make an informed choice could really benefit you in the long term – especially when you consider that a bad choice of credit card could potentially cost you hard cash over a sustained period.
To help you find a credit card that you can rely on to protect and nurture your financial health and credit rating, we’ve put together a list of 5 key factors for you to consider when weighing-up what card to get.
It’s no secret that in the last decade or more the UK property market has seen a sustained surge of growth that experts agree is unparalleled in living memory. And today, it’s equally true to say that – with this growth showing no sign of easing – it’s only going to get harder for first-time buyers to enter the market. In fact, this issue has grown so prominent that it’s now become a fixed topic within our media and all the big political parties use it regularly for point-scoring and electioneering. But what can new buyers do to help themselves – especially when you consider how credit score affects mortgages – and what areas of the UK offer the most value?
Most people are aware of the importance of credit score when it comes to applying for credit cards, mortgages and personal loans – even if the finer details can sometimes seem confusing. You may be surprised though to find out just how much credit score can impact your life beyond the sober world of personal finance and interest rates. If you’ve thought recently about what affects credit score or how to improve credit score then the chances are you’re unaware that by growing a good credit score, you could gain access to better mobile contracts. In fact, credit score can often prove the difference between a mobile phone contract being approved or rejected. By gaining an understanding of what affects credit score – viewing a free credit report is a good place to start – you can go some way to understanding why the mobile phone companies act as they do.