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Why Free Credit Scores are Important

When it comes to buying a house, car, or anything that has to be financed, your loan options will likely be directly affected by your credit score. If you don’t know your credit score, then you could potentially be in danger of not getting approved for loans, or having to pay very high interest rates because you’ll be considered a risky borrower. Thanks to free credit score websites, you can...

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Consumer Credit Act

The consumer credit act is a law that helps protect the interests of the consumers when they borrow money from any firm, organization or bank. The first Consumer Protection Act was passed in 1974 by the Parliament. However, in 2006 certain amendments were made to the 1974 act and the scope for protection was extended by the government. The act passed in 2006 by the parliament also allows consumers in the...