A newish term that has been tossed about in recent times is “peak” something, peak and then add the item, product, or thing you are referring to.
As per Shakespeare in Hamlet, “neither a borrower nor a lender be”.In the world of money and lending and borrowing, it is not just limited to the banks, and loan companies, credit cards, peer-to-peer lending , and overdrafts. Lending money also can be closer at hand as in the instance of a family member or close friend asking to borrow some money. In some instances it may be a large sum of money.
At some point in our lives we may need to borrow money, and not just a quick borrow from friends or family, but a real honest to goodness bank loan.
There is so much about personal finances that has been written about over the years here in this blog, topics such as loans, credit scoring, bad credit and bad credit loans, insolvency, insolvency for businesses, troubles on the High Street, money laundering, and even infographics on Facebook, Google, James Bond, you name it, it has been mentioned here!
If there is one monthly bill that many grumble over, and it is a priority bill as well, is council tax. And if you think I just won’t pay it…..think again.
In the business world, getting a loan or injection of capital, can be a tricky thing. If you look at all the business and High Street shops which have recently gone bust, due to cash issues, heavy debts, and poor sales, then you know.
One of the goals many people, especially young people, have today is to get on the property ladder. To grasp that first rung and begin the climb.
Do our children fully understand debt, and being in debt?Do they know the consequences of having debts?
It was announced recently that the government as going to begin the “much-delayed” process of repackaging student loans into asset backed securities .
Of all the four (4) letter words we all may dislike, debt can be one of them.To be in debt sounds like a heavy yoke placed around one’s neck, or a scarlet D, painted on us.