Ever wondered what is more painful than having a sore throat in a winter morning? It’s wage garnishment. When creditors garnish your wage every month for clearing your credit card debt, you feel like someone has punched your face badly. Suffice to say that wage garnishment is a stressful experience. What is a wage garnishment?…
Tag: credit cards
Is the UK on the Verge of a Credit Crisis?
Almost three quarters of retail consumers in the UK (those with liquid assets between £0 and £3,918) do not pay off their credit card balances in full each month, says GlobalData, a leading data and analytics company. By contrast, less than a third of mass affluent consumers (those with liquid assets over £39,177) revolve their…