Credit cards are some of the most common tools used by the general public to carry out any expenses– whether those are for everyday use or for emergencies. Credit cards can be used for them all.

But one major issue with credit cards is their interest rate. If one goes to calculate it from the perspective of a year, the annual percentage rate (APR) comes down to almost 22-23%, which can be a lot considering how much you use your credit card.

This is where low interest credit cards come in. With the help of these, your APR will only be around 5%, as opposed to the 23% that regular credit card companies share.

Now, you must be thinking, why not go for options like payday loans or even a personal loan? Well, with a credit card, you can use the money instantly and you have it with you at all times.

In the case of a loan, you might have to go through a long application process which might not always be suited for your circumstances. Besides, credit cards can also be used for your everyday expenses, and filling out a long-form online whenever you need money can be a bit exhausting after a while. The convenience of a credit card is unmatchable.

If you carry out your due research and choose a card that is best suitable for your needs, you might actually end up benefitting from this credit system at a very low cost. Here are some low-interest cards that you can consider using:

1. Santander Everyday Credit Card

This credit card is great for everyday expenses and has deals on shopping, movies, as well as fuel. You can use this for your daily use and enjoy the benefits that come with it. You can enjoy a balance transfer fee of 0% on this card for 18 months.

This comes without any additional fee or hidden costs. It is perfect for a homemaker to use for groceries or even any other home-related expenses that one might have.

You will also be charged a 0% interest on purchases for the first 26 months of using your card from the date of issuing it. With the help of this, you can borrow money for a short period without any additional interest and enjoy the benefits that come with the card as well.

The APR  of this card is variable but it is usually around 19% which is lower than the average APR in the United Kingdom.

2. Halifax Low Fee Credit Card

Halifax is known for its low interest and consumer-friendly credit cards. By applying for this card, you can ensure that your low-interest rates will be maintained since you will get a deal better than most other consumers.

The balance transfer fee for this card is 0% for the first 23 months and the charges are 1.5%. You can also get a 0% charge on purchases for 9 months from the date of getting your card.

The APR for this card can go up to 20%.

3. Barclaycard Platinum Balance Transfer

At a 21% APR, this card offers its users a 0% charge on balance transfers and can be very useful in times of need, especially if you are in quick need of money.

Having a low charge on balance transfers is extremely important and a quality you should definitely look for in your credit card since it can be very helpful in the long term when you add up extra costs and end up saving on this one.

In terms of purchases, this card offers its users a 0% charge for 18 months from the date of getting the card to the customer.

4. Virgin Money All Round Credit Card

This card offers contactless payments to its customers for up to £45. By opting for this card, users can get their hands on several deals that come under the Virgin Group along with access to exclusive lounges and discounts on Virgin Experience Days.

They even offer users a 0% charge on balance transfer if the transfer is made within 60 days of acquiring the card. The APR for this card is 21%, but the deals that come along with it can save you plenty of money and help you dodge extra charges.

5. Tesco Bank Club Card Credit Card

The offers and deals on this card are subject to different people and their circumstances, like income status, spending needs, credit rate, etc. However, this card is still very popular among the average user due to the benefits it gives in regular usage.

It has fuel and shopping benefits along with access to exclusive lounges and other places all throughout the country. It offers a 0% charge on balance transfers if the transfer is made within 90 days of purchasing the card

The card has an APR of 20.9% and is fairly easy to get.

Conclusion

All the above cards are subject to a fair amount of conditions and eligibility criteria that need to be fulfilled. Some basic requirements include being at least 18 years of age, along with being a resident of the UK, having an income of at least £3000, and being able to show a good credit rate.

Out of all these, a good credit rate is the most important category and is one that will help you the most while applying. There are different ways in which you can increase this credit rate.

Some of them include paying your debts on time, not having any outstanding loans for a longer period of time, and basically managing your credit well. If you can do this, it is comparatively easier for you not only to acquire a card but to also maintain it, i.e., use it well and repay it too.

Even after all this, it is important to critically view the prospective cards and judge which is best for your needs. Compare the offers and see what you will be able to afford based on your income and spending needs. The APR of all the cards above are rough estimates and can be variable depending on current interest rates and the economic climate.

The post These Are The Best Low Interest Credit Cards and The Benefits They Offer appeared first on YouDem.

The UK loan market is packed with many different types of loans. Top lenders such as Now-Loan specialize in matching up their clients with the right kind of loan for them. At the end of the day, taking out the right kind of loan for you is what Money Expert is all about. unfortunately, many lenders lose sight of that and do not take customers’ personal circumstances into account. below in this article, we will cover the 3 Reasons Why Cash Loans Are Not A Bad Idea.

This is really an important part of the job and will make sure that you extend the right loan to the right person. This increases liquidity and makes it easier for the customer to pay back the loan.

Cash Loans Can Help Borrowers

Can a cash loan help you? There are many occasions when a cash loan is the best way to go. Cash loans are becoming increasingly common, but yet, many customers are unaware that they can benefit from them. 

Borrow Money To Pay For Car Repairs

An unexpected expense such as a car breakdown is a great way of using a cash loan. It is tempting to add your car repair bill to your credit card balance. But, stop and think about it for a moment – is that such a smart thing to do? Using a cash loan to pay for a car repair bill is often cheaper than putting the money on your credit card.

Paying With Cash For White Goods Purchases

Are there still retailers out there who are happy to offer discount deals for cash? They are far and few in between, but you will still find that some smaller retailers are happy to give cash discounts. This mainly applies to retailers selling white goods such as fridges, washing machines and tumble driers. The white goods industry is a very competitive industry to be in and the “unit sale” is still what makes this industry tick. In order to compete against larger electrical retailers. many smaller shops offer a discount for cash.

If you do need a new freezer in a hurry, but don’t have the cash available, an alternative is to take out a cash loan.

Home Repairs

Has your boiler blown up again? Appliances in the home don’t seem to last as long as they used to do. If you don’t have boiler cover from British Gas or as part of your home insurance policy, you are often forced to pay for the repair yourself. What happens if this is a week before you get paid? 

The truth is that you may find yourself in the dire straits or stuck between a rock and a hard place. It could be a matter of dipping further into your overdraft or taking cold showers for the rest of the month. 

A quick cash loan would solve the situation. You can use the money to pay for your new boiler, and maybe even try to negotiate a bit of a discount with your local friendly plumber.

No matter what you say, cash still makes the world go around. Would you like to know more about cash loans? If so, give the friendly team at NowLoan a call and they will let you know about the many other advantages of using cash loans.

The post 3 Reasons Why Cash Loans Are Not A Bad Idea appeared first on YouDem.

Did you help someone with a loan, and he runs away? You need to take the help of skip tracing. It is a process that helps detect the debtor who flees to some other place or town without paying off his debts. The person who discovers the whereabouts of the other person of interest cannot share his personal information with anyone without any viable reason. To trace the person, the detectives usually take recourse to property deeds, unique databases, public information, phone number, etc. It is a beneficial method for landlords and banks that face challenges with payment collection when the debtor goes missing, for whatever reasons. below in this article, we will cover the Important things you wanted to learn about skip tracing.

Understanding skip tracing a bit more

If someone has left the city without returning your money, consider taking the help of the process of skip trace debt collection. Not getting to spot the client you lent some financial support can be the most upsetting thing. But you can use skip tracing method today to resolve such issues. Skip tracing uses technology and resources to find out who has not paid their bills. You may feel that when you already have a database consisting of all the details, then why you should worry. 

There is no doubt that you have put a robust online system in place. However, it can have thousands of records already and keep growing more. Handling this extensive database itself is a lot of work. And then, you cannot trust the online consumer-based methods fully until you also have training in this area. But when you assign this responsibility to a skip trace company that specializes in debt collection, you can rest assured of getting faster and efficient solutions.

You don’t have to put your time and effort once you entitle them to this role. The company can start to collect data on the errant client. 

Points to consider when hiring skip tracing services

Whether you are a big or small company, doing in-house collections can prove costly in terms of the budget as well as resources. If you hire an outside agency for this, you don’t need to take any pressure. The agencies know how to deal with these customers and to collect debts from them without hurting relationships. Just make sure you give this job to a company that can customize its services as per your requirements. Also, it should not interfere with how you manage your customer relationship. Its main objective should be to detect wayward clients. 

Those who go missing after taking a loan will not go home or at their regular haunts. They know that arrest warrant and other people must be waiting for them. So, they will do everything possible to stay out of sight of bounty hunters, especially. With the help of skip tracing methods, you can reach out to them, no matter where they hide. From making phone calls to searching online resources, the investigators adopt every means that can lead them to their target. So, if you have someone who has defaulted, don’t wait. Look for a professional and experienced skip tracing company for assistance.

The post Important things you wanted to learn about skip tracing appeared first on YouDem.

Is it the first time that your loved one is in jail? If yes, chances are you are new to the bail bond process. And you need to demystify the entire bail bond process. It would be best if you went about it in an organized manner and ways to avoid the pitfalls. Today, there are several bail bond companies and agents willing to help you. Before you approach for help, you need to get a few concepts clear. below in this article, we will cover the Bail bond basics – Things that the defendant’s family need to know.

Understanding a bail

If your loved one has committed a serious crime, then the police might declare jail time for him/her. You need to post a bail bond to get the person out of jail. This cash deposit gets kept in a secure place till the time the loved one appears in court. Once they make the court appearance, the amount gets returned.

Understanding a bail bond

Is it difficult for you to pay for the bail? If yes, then you can approach a friend or a relative to post the bail bond for you. Simply put, the bail bond is the commitment made by the bail bond company or agent. The company or agent commits to pay the bail amount when the defendant doesn’t show up at the court. Usually, a bail bond company or agent commits to the process after getting collateral as well as the 10% bail amount premium from the co-signer. The moment you make a court appearance, this collateral gets returned to the individual who helped in the bail process. However, the 10% bail premium remains with the agent or the company. To know more about, check Castle Bail Bonds Warren County Ohio. 

The bail cost

The bail cost always varies from one company/agent to the other. Also, the bail gets decided by the judge depending on the crime or other factors. Some of the least severe require zero bail.  The bail also gets reversed for defendants who have committed dangerous crimes. The lowest of the bail amount sometimes go as much as a couple of hundred dollars.

The process of bail bond

When a person gets arrested, usually, they are permitted a phone call. They can make this call to a family person who can facilitate the bail bond. The individual who secures the bond is known as the co-signer, and they need to get in touch with a bail bond company or agent. To free a person from jail, it is essential to provide necessary details while applying for bail. The details comprise the full name of the defendant, the jail address they are present in, and the booking number.

Also, the co-signer might require collateral, for instance, a car or home. The collateral amount needed depends on the bailing amount. Also, the bail bond company or agent can discuss the same with the co-signer to ease the entire process.

What is a bail hearing?

When a person gets held up in jail for a dangerous crime, the bail amount gets decided at the bail hearing. The defendant isn’t allowed to move out of the jail until the bail hearing process gets over, and the bail amount gets fixed.

Once the defendant’s family knows of these details, they can decide on the bail bond process better.

The post Bail bond basics – Things that the defendant’s family need to know appeared first on YouDem.

Death can rock your family. It can plunge it into untold suffering. Of course, people don’t life imagine death, but it’s real. It’s one of the morbid things you can ever imagine of. However, you can still cushion your family from the effects of death when you are gone. So, how do you purchase the right life insurance cover? Remember, the market is filled with a myriad of covers. This makes it difficult for people to get the right cover. Luckily, experts have compiled the following tips to help you choose the best cover that suits your explicit needs.

Look at the Duration

The duration of the policy is one of the biggest factors you should consider before taking an insurance cover. How long do you want the policy to cover you? Are you after a short term policy? Or is it a long term policy? These are the questions that require explicit answering before taking life insurance. For instance, if you want a medium/short term policy that spans from around 4 to 30 years, then it’s advisable to go for a term life insurance policy.

Of course, term insurance is relatively less expensive. However, it won’t be a good option if you want a policy that covers you for long years. On the other hand, if you have a higher, regular income, it’s wise to take term insurance. The cash value of this plan is attractive to people with regular, higher income.

Consider the Affordability

You also need to look at affordability. Don’t choose a plan that will strain you economically. As far as you want to secure the future, you also need to look at the expenses. You want the money that can cover your daily expenses. Look for an option featuring a good conversion option. For instance, you can take term insurance. Then, you might want a policy that covers you for longer periods of time. Choosing a flexible term is key. It will help you transmit to the other plan without any difficulty.

Look at the Investment Aspect of It

In most governments, people who have taken life insurance tend to enjoy special tax benefits. Normally, insurance benefits are subjected to zero taxation. Plus, the accumulated cash value from insurance is treated as differed. Thus, purchasing a permanent policy can be a nice way to invest your funds. Of course, you will be subjected to higher premiums. However, you would have insured your life while building a solid investment account. You can use the accumulated cash fund for any project.

Key Takeaway

Invest in life insurance while young. It will be cost-effective. Plus you will pay lower premiums. Even more, it will act as an investment in the future.

The Bottom-Line

Do you love your family? Definitely, right? Then, plan ahead. Plan well. Don’t let death plunge your family into untold economic sufferings. Invest in a life insurance cover and let your family carry on with life without any difficulties. The above article will guide you to make the right life insurance and give your family peace of mind. For the best life insurance quotes, go to Money Expert for information. Good luck!

The post How to Select the Right Life Insurance Policy appeared first on YouDem.

The good thing about getting a car loan is that you don’t need to pay everything at once. You can make a payment each month until you complete the loan. The number of months depends on the terms you agreed on. The only issue is that if you fail to pay the required amount of each month, you will suffer on extra charges. If you delay the payments for several months if it gets even worse. There might come a time when you only pay the penalty & find it difficult to reduce the primary loan. You need to follow these tips to ensure that you pay the loan off each month. below in this article, we will cover the Tips to Help You Avoid Paying Fees for Delayed Car Loan Payments.

Auto deduct the fees

There are times when you can afford to pay the loan, but you forget to do it. When you auto-deduct the process, you will find it easier to pay. The amount gets deducted from your account. You can do whatever you want with the remaining income since you already paid the car loan installment. Ask your bank about the process needed for automatic payment.

Rethink your budget plan

You also need to decide how you’re going to budget your money each month. You might have to let go of some expenses so that you can afford the loan. For instance, if there’s a subscription that you don’t use, you can cancel it. You can also do the same for unnecessary purchases. Find a way to let go of these expenses to help you in making ends meet.

Avoid travelling for a while 

You might also have to stop travelling. You will spend a lot when you go on a trip. You might even end up spending on things that aren’t in your original budget. Therefore, you have to consider rescheduling your major trips when you’re already close to the full payment of your car loan. Think about how much you’re going to save if you decide not to pursue these trips. 

Set a reminder on your phone

Your car loan isn’t the only payment you need to make each month. You might have other major monthly payments. You can forget paying the car loan. You can set a reminder on your phone especially on pay day. You don’t want to spend your income on other things before you have even paid the car loan for that month. 

Understand the terms thoroughly

You need to know the terms and conditions before you agree to a car loan. You shouldn’t sign up if you think the terms are unfair. You will find it difficult to finish the payments even if you are responsible if you chose a difficult car loan deals. You can also compare the different companies to find out if you’re getting reasonable terms. You can opt for a no-deposit car loan if you think you can’t afford to pay the upfront costs. You can visit website resources and blogs to find out more about this choice. You might have to pay more each month, but it’s better than not getting a new car at all.

Image: https://unsplash.com/photos/esvWH-owWug 

The post Tips to Help You Avoid Paying Fees for Delayed Car Loan Payments appeared first on YouDem.

While some say that there is a minute difference between the investments made in the stock market, others are of the notion that stock investing is an instant rich scheme especially once you have cleared your doubts regarding this investment made through Zerodha Demat account. The main fact is investing in the stock market is being the most significant means of having your financial freedom achieved. Below in this article, we will cover the Know the details of stock investing.

In the past only the very wealthy were able to afford to invest in the stock market but now stock investing is becoming increasingly popular as a way for normal people to make their investment because now trading online has become feasible, to use means of building wealth, stock investing has become an efficient and easy.

Stock market investment

Depending on your personal attitude to risk,Stock market investing it is a very good way to benefit from a growing economy can be conducted in either an aggressive or conservative manner and by carefully selecting the stocks you are investing in you can protect yourself is from the worst effects of recession, even when the overall economy takes a downturn.

Take help from the Internet

Since most of the information deals with what are known as common stocks that is the basic stock in the company that is made available for purchase by the general public, there is a wealth of information on the Internet to help you get started with stock investing. One trap that it is possible to fall into is information overload, too much information in to shorter period of time can be very difficult to take in, as you need to decide on a smaller number of high-quality information sites and contact them for all your research as you can easily go through Zerodha reviews online.

Consider the risks

When doing any stock investing you must remember that there are risks involved and you can always lose money, unfortunately a lot of people who are unfamiliar with the stock market tend to focus on this aspect of risk and the potential loss instead of seeing the important opportunities that are presented by the stock market. Minimizing the risk in stock investing is a lot easier than many people think, the same knowledge that will help you grow your wealth will also make it possible for you to minimize the risk you are exposed to. As you become more knowledgeable about stock investing you will get better and better at choosing individual stocks and become more aware of any risks that may be attached to them.

Successful stock traders make sure that they never invest a large part of their money in any one transaction in some ways they’re like successful casino gamblers they established a high value that can be risked on single trade as they will not exceed that, limiting any potential risk. The key to being successful in the long term with stock investing is to ignore the opinions of others and make up your own mind, having done the necessary research, once you have decided on a course of action stick to it.

Stock investing is not just a get rich quick scheme but a recognized method of gaining financial freedom, it is not something you should go into lightly but it does offer a huge opportunity for gaining the financial freedom.

The post Are you planning to invest in Stocks? Know the details of stock Investing appeared first on YouDem.