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Thursday, March 15, 2007

Credit is Tightening But Credit Card Deals Remain

A Word from our Sponsors . . .

Global credit is tightening around the world last few weeks.  The markets have been correcting on several continents, and there is a significant amount of fear in the states about subprime loans in the mortgage industry.

So could occur companies banks and mortgage lenders are going through a natural cycle of credit retraction in the form that they are tightening up their lending standards cleaning up their portfolio and reducing the amount of available funds in general.  That doesn't mean credit is disappeared altogether. 

In fact there are still many good deals to be had with many different credit cards.  Our sponsor CardGuide.co.uk offers some great ways for credit card shoppers to find good deals even in this tightening market.

They provide services allow people to compare credit cards and offers to identify the best offers from different companies in categories such as balance transfers, cash back, 0% credit cards, reward offers, and just plain low rates.

If you are in the market for a new credit card and United Kingdom, you can visit their site review the available offers and apply for credit cards there.

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