How to Find a Bad Credit Loan Online in 5 Easy Steps

Just about all projects or goals of any size or importance require several steps during a period of time for you to complete. To carry out any complex project or achieve most worthwhile goals will need concentration, dedication and several steps completed over a period of time. Aiming to find a loan if you have a bad credit history is no exception. To find a loan if you have a bad credit history is not a single step project either. But here’s how to achieve that in five simple steps.

Step 1. Always apply through a reputable broker. This is very important because if you apply directly to a lender, you may choose the wrong lender and have to keep re-applying which will register several credit checks on your credit file which could harm your chances. In the event you decide not do this step, by the time you have found a lender that may have been willing to help, by registering several credit checks on your credit record, they may now not want to help.

Step 2. Be totally honest when you complete any application forms online. This can be a very important step. It demands concentration and your full attention. It could be best if you could do it this way: Always compile as much information about any arrears CCJ’s or defaults registered against you before applying, this can be done by acquiring a copy of your credit record. Why this is very important is failing to do so may prejudice the lender against offering you the finance you require.

Step 3. Never apply to more than one place. The reason behind this is to make sure that you do not register too many credit checks too closely together that will raise a flag on your …

Continue Reading >>>

What is the Consumer Price Index?

If you have read the papers or you go online frequently you will no doubt have heard of the consumer price index. But do you actually know what it is? This index has a real purpose and once you understand what it is you will see why it is so frequently used. Basically speaking, the index is a measure of how much certain items cost to buy. The items which are in this virtual ‘basket’ change on occasion to reflect the most accurate general type of goods we buy.

For example if you compare the contents of the consumer price index today to the contents as they were in the 1950s, you will find they are very different. This is because life has changed a lot since then and some items have fallen out of favor while others are more popular and are bought regularly.

The index is frequently updated and published to give the person in the street an idea of how far their money will take them at present. It is updated every month and is widely available to access. When you look at what is included in this basket though, you will see that it isn’t all about what you can actually buy and fit in there. The term is relative, and some regularly bought items such as services (water services for example) are also in there.

Now obviously we would like to see the cost of items go down as well as up. But whichever way they go if they travel too far in one direction it isn’t good news. The index itself tells us a lot about inflation – the more the prices go up, the higher inflation is. And if they go down by a long way, this is called deflation. So …

Continue Reading >>>