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The Savvy Scot

Personal finance and lifestyle blog

Viewing posts tagged with: bad credit

5 Lessons learned from buying a car with bad credit

By Pauline

Buying a car can be stressful even for those who are fortunate enough to be able to buy outright, but if your only option is to finance the purchase and you have bad credit, it can feel like you’re trying to break down a 10ft brick wall with your bare hands. However, having had the… Read more

Filed Under: Money Tagged With: bad credit, car

Recovering from bad credit? Tips to get you back on track

By Pauline

Recovering from bad credit can be a long process. At times it may even seem like you’ll never break out of the rut … but there are ways of securing your place in the black and out of the red. Here’s how. Get reviews from credit bureaus When you receive the review make sure the… Read more

Filed Under: Money Tagged With: afford, bad credit, borrow money, credit, creditor, debt, debtor, loan, owe, repay, unpaid

4 Challenges You Face If You Have Bad Credit

By Pauline

If you are one of the many people who suffer from bad credit then this article probably won’t surprise you. Still it’s important to note the many extra challenges you will have when you have a bad credit history as opposed to people who have average or excellent credit. First, you will have to pay… Read more

Filed Under: Money Tagged With: bad credit, bank, borrow, credit score, interest rate, loan, Money, mortgage

How credit works and why people resort to it

By Pauline

It’s likely that everybody has taken out or will take out credit at some point in their lives. The concept behind mortgages has been around for centuries, but home ownership only began to grow significantly in the twentieth century. According to the Office of National Statistics, 77% of households in England and Wales were renting… Read more

Filed Under: Money Tagged With: bad credit, consolidation, credit card, debt, evolution, loan, Money

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