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I want to clarify some normal misinformation about a few money matters.

Posted August 26th, 2009 by Spike

I want to clear up some normal confusion on various money matters.  My mate Stan is the perfect example of a person who disregards offers on money products.  He does not bear a good credit class, nevertheless he required further funds in order to bear the expense of a recent extension to his property.  A pay day loan wouldn’t cover it, because many pay day loans have a top limit of roughly 750 GBP.  Stan thought he had no other alternatives.  In the end he came to me, and thank god he did!  I informed him about bad credit rating loans.   This type of loans are accessible for persons like Stan.  in other words he may access money – and no slammed doors from the lender!

something else topic I was impelled to advise Stan on is foreign exchange.  He did not even appreciate how much he might be saving if he had used a Forex broker when he paid for his property in Provence. Once again, I had explain to Stan that if you make foreign transactions then it is best to use a foreign exchange bank there are hundreds of them online.

Finally I was teaching Stan about prepaid credit cards.  Being not great at spending money, I informed him about the way FX cards can keep a lid on spending.  The card acts just like a normal credit card, however there is no way to end in debt!  the user tops up the card with own funds and use it until the funds run out!  Finally, Stan gained plenty from me!!

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