Archive for February, 2014

Big Banks Engage In Reckless Credit

In terms of the National Credit Act, if a credit provider fails to conduct an affordability assessment before advancing credit to you, the provider could be guilty of entering into a reckless credit agreement.

Read more

Consumer Financial Vulnerability Getting More Severe

Missed payments will lower credit scores, but worse still, is when missed payment progress to blacklistings. Adverse listings severly hurt your credit score and turn your credit worthiness negative.”

Read more