xCheques.co.uk

We do live buy-now-pay-later lives now - yes, our parents wouldn’t be very pleased, if they’re not doing themselves, but that’s the way it is - nowadays, not many of us are prepared to wait …
Let’s face it, ths isn’t going to change in a hurry, credit cards offer borrowing made easy. And your flexible friend will even take on (a few) debts for you…

If you’re clever with the way you operate, you can avoid 100’s of pounds of interest. The card companies do compete with each another and are fairly cut-throat in how they get new customers - which is good news for the consumer. for the past few years, low rate deals in have been the rage

You do however, need to keep a watchful eye on your cards. These wonderful low introductory rates are exactly that, a nice low rate for the 1st few months of the contract - but then just watch as the APR starts to move up on you. There will always are plenty of cards to choose from from so have a look around. At the moment, stay well away from Capital One (voracious) and the Alliance & Leicester (not what they used to be), probably the first port of call is HBOS Credit Card - but be cautious…

The duh… obvious, is to pay off as much as possible.

The other pitfall is definitely to avoid credit card cheques. These are often charged at your usual rate, but in some cases the interest will begin building immediately and there always a handling fee.

If you use your credit card(s) carefully, they will be good to you. Remember though - always manage your credit effectively and never borrow more than you can afford to pay back.