Written by Anthony Carter ·
Filed under Basic Financial Concepts, Personal Finance
As you can probably imagine from its name, predatory lending is an unfair way of lending money. Most people will have heard words like ‘loan shark’ used before and this is a good description of predatory lending. The people involved in this business can make a lot of money for themselves, but they can also make life very miserable for those who are unlucky enough to have borrowed money from them. This is not just something that happens in movies; people do end up with ruined lives because of this type of lending. Even in civilised place like the UK you will find plenty of people involved in this type of illegal business.
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Written by Anthony Carter ·
Filed under Basic Financial Concepts, Investing
You may already be aware of the job title ‘investment broker’ but you could be wondering as to what these people do. You might also like to know if there is anything that these people offer that could be advantageous to you; could they help make you money? There is a common misconception that investment brokers are only the concern of the big investor but this is in fact far from the case.
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Written by Anthony Carter ·
Filed under Basic Financial Concepts, Personal Finance
Those who have spent any time waiting in line at a bank in the UK or otherwise paid any attention to financial advertisements will almost certainly have heard about ISA’s. Those individuals who find saving easy and always likes to invest in the future are likely fully aware of this financial product. Many people though, will have heard about ISAs but will have no real idea about what this actually is all about. They may have a vague idea that it is something to do with investing or saving money, but have no real idea about the benefits of this type of product.
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