What is consumer credit?

Consumer credit is a bank term for loans used to purchase goods with a limited shelf life, such as a car, a holiday or white goods. The most important forms of consumer credit are: Personal loan Revolving credit Red on your checking account Hire purchase Rent buy How does a consumer credit work? If you…

Loans for the poor.

Loans for poor people cannot be obtained in the normal way. As the saying goes, the bank only lends money to those who don’t actually need it. Nevertheless, there are opportunities for credit in every situation. Read what options are left. Loans for poor people – a gauntlet run Any borrower who can prove a…