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Credit Cards & Loans

Welcome to the Credit Card and Loans section of Finance Monthly, where we provide essential insights and advice on managing credit effectively. This section is dedicated to helping you navigate the complex world of credit cards and loans, offering expert tips on choosing the right options, understanding interest rates, and managing debt responsibly.

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Whether you're looking to build credit, consolidate debt, or find the best loan options for your needs, our resources are designed to empower you with the knowledge to make informed financial decisions and optimize your credit health.
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5 Unexpected Benefits of Consolidating Credit Card Debt You Should Know

19th November 2024
5 Unexpected Benefits of Consolidating Credit Card Debt Every American Should Know. If you're struggling with high-interest credit card debt, consolidating your debt could significantly improve your financial situation. Credit card debt is on the rise in our current economy. With average interest rates exceeding 23% and daily compounding interest, even minor purchases can lead […]
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Personal Loans in the USA: Easiest Loans to Get with the Least Restrictions

10th November 2024
Personal Loans in the USA: Easiest Loans to Get with the Least Restrictions As the year draws to a close and financial pressures mount—from holiday expenses to planning for a fresh start in the new year—finding accessible and reliable financing can feel like a race against time. At Finance Monthly, we know that navigating the […]
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Car Repossessions Surge by 23%: Strategies to Avoid Loan Delinquency

23rd October 2024
Car Repossessions Surge by 23%: Strategies to Avoid Loan Delinquency In 2024, car repossessions have risen by 23%, reflecting the growing financial pressures many Americans are facing. According to a report by Cox Automotive from July 2024, this spike represents a 14% increase from pre-pandemic levels in 2019. The sharp rise in repossessions, unrelated to […]
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Understanding Legal Financial Support: A Growing Trend

3rd October 2024
Commercial legal finance, or litigation funding, litigation finance, or third-party funding, involves businesses and law firms utilizing funds from an external financial provider to cover commercial litigation and arbitration costs. This funding can take various forms (such as fees, expenses, advances, or portfolio funding) and does not affect control, which stays with the claimant. Normally […]
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Should I use my credit card for big purchases?

30th September 2024
When used wisely, credit cards can be very useful financial tools. This includes knowing what to use your credit card for and when to just use your cash. While credit cards offer convenience and the potential for rewards, they also come with risks, including high interest rates and the potential for debt accumulation. So, deciding […]
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Average Credit Score in the UK

16th September 2024
  There are 3 main credit reference agencies which have different calculations to produce your credit score so it could vary by which agency your use. It can take some time to build a good credit score and you shouldn’t worry about trying to do this quickly. There are some ways to speed up the […]
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Skills to Master for Financial Success in 2025

4th September 2024
Money matters are becoming more and more complex as we approach 2025. It is not only smart but also essential to get better at finance management. The right skills can make all the difference, so let's talk about the vital skills you should be building now if you want to grow financially in 2025. Trading […]
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Top Credit Cards Offering Retail Rewards

28th August 2024
  You can find credit cards which offer rewards when you spend so that you can get something back. This can include travel rewards, cashback or retail rewards. This means you can choose which one would be best for you and which you could get the most out of. Having a cashback card will work […]
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The Best Cashback Credit Cards 2024

27th August 2024
Cashback Credit Cards Cashback credit cards have become an increasingly popular tool for consumers looking to maximise the value of their everyday purchases. These credit cards offer a simple yet effective reward system: a percentage of your spending is returned to you in the form of cash, which can be applied as a statement credit, […]
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Best Credit Cards for Travel Rewards 2024

27th August 2024
Best Credit Cards for Travel Rewards Choosing the right credit card with travel rewards can be a valuable tool for frequent travellers, offering benefits like air miles, discounts on flights, and hotel stays. However, it’s essential to evaluate the rewards program and associated costs to ensure the card aligns with your spending habits and travel […]
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Is It Worth Having a Rewards Credit Card?

23rd August 2024
  Should I have a Rewards credit card? Rewards credit cards can be an enticing option for consumers, offering various perks that range from travel discounts to cashback and retail rewards. But are they really worth it? To answer that question, let’s explore the different types of rewards available and weigh the pros and cons. […]
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Do I have a credit score without having a credit card?

23rd August 2024
  Building a good credit score is essential for accessing favourable financial opportunities, such as loans and mortgages, in the future. While getting a credit card is a common method to establish and improve your credit score, it’s not the only way. In fact, many people are unknowingly contributing to their credit scores through everyday […]
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About Finance Monthly

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Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.

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