Tag Archives: credit cafe

Helping children better understand the value of money

Although financial education became a compulsory part of the secondary-school curriculum in England in 2014, some pupils are still missing out, particularly in primary schools.

Research commissioned by Money Advice Service shows that by the age of seven children have developed their attitudes and values towards money, which are likely to stay with them for life.

Watch our new Credit Café video below, where we discuss financial education in primary schools

Indeed, children are likely to get their first mobile phone by the age of eight and begin online shopping by the age of 10.  So we can see it’s increasingly important to help children better understand the value of money at the earliest opportunity.

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How your credit report can help you get the best car finance deal

Guest post from Danielle Mannus, Social Media Manager at Zuto

With car finance, a good credit rating can make the difference

With car finance, a good credit rating can make the difference

Buying a car is one of the biggest purchasing decisions most people make and, with 75% of new car purchases involving finance, getting the best car finance deal available is really important.

As with most types of borrowing, car finance lenders review applicants’ financial records with credit reference agencies when deciding whether to offer finance, how much to lend and what interest rates to charge.  This means that viewing your credit report before applying for car finance, and making any changes that you can to improve your creditworthiness, will help you to get the best car finance deal available.

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Leaving the bank of mum and dad: the challenges

Young people are often keen to break away and get financially independent, but in doing so there are many financial responsibilities & challenges they might have to deal with.

With student loans and overdrafts taking years to pay off, just how long can young people realistically keep milking the Bank of Mum and Dad?

Signs that you might be ready for financial independence
Sometimes it’s just about being able to rein yourself in when you really, really want to splash out on something you don’t need and can’t really afford, like a luxury item you know you can do without, or a pretty framed picture you’ll have forgotten about minutes after you’ve left the shop. Continue reading

What is financial association? Watch our new video

To begin the second series of Credit Café videos, on the topic of Money and Relationships, our Experian Experts James Jones and Jill O’Connor explain what financial association means, and the impact it can have on your credit report.

You can see all the Credit Café videos so far here on our YouTube playlist.