Having debt is not a bad thing, as long as you can afford your loan and debt repayments. Credit cards are a good way to get a short term loan for a few hundred or couple of thousand pounds. However, if you don’t clear your balance every month, interest payments can be expensive. Being able to compare the best rates for unsecured and secured credit cards helps make sure you are getting the best deal and not spending a fortune on interest.

If you can regularly clear your balance every month, then you can actually earn money with cash back credit cards. Simply put, you get paid back a percentage of your spending, usually 1% or 2%. Therefore if you spend £1000, you get back £10 on a 1% cashback card!

If you do a lot of spending for the company you work for, and you don’t want to spend ages claiming everything back, then your company might want to get some business credit cards. The company gets billed for your purchases directly, saving you lots of paperwork and hassle.

Thankfully the credit card market is very competitive at the moment, so there are plenty of great deals around!