Sentences with phrase «high cost credit»

Using your balance transfer card for any purpose beyond transferring high cost credit card debt to low cost debt, will blow up your plan.

Given these pressures, borrowing from family and friends or using high cost credit (payday and doorstep loan companies) was a common strategy in the 11 families studied.

In general, spending more than 20 % of your available credit indicates a risk of falling into high cost credit card debt.

The End High Cost Credit Alliance wants to create a social movement to provide alternatives to high - cost credit providers.

Unite, the country's biggest union, said that the postponement of Paul Blomfield MP's High Cost Credit Private Members» Bill in the House of Commons must not be the last word on measures to tackle this growing and worrying industry.

If you're carrying thousands of dollars in high cost credit card debt, a cash - out refinance can help you consolidate debt.

However, there was often a «relationship premium» in borrowing from friends and family which created strain in close relationships and, of course a «financial premium» for using high cost credit.

Refinancing your home loan can be a useful tool for increasing cash flow, reducing mortgage payments and potentially providing cash for paying off high cost credit card and consumer debt.