Post-Christmas Financial Difficulties

If you've spent more than your budget can cope with, then maybe you're thinking about credit to help you through January. Many people fear the long, broke month of January. After a lovely Christmas full of joyous smiles January can see a mood swing in the wrong direction. Many of us turn to credit cards to help get through this terrible month. But without knowledge of the financial industry a person without a great income can fall victim to the evil grip of unscrupulous credit companies. In his newspaper article, Simon Bain of the Herald tells of how one particular bank has been sending credit card applications to people with offers of a credit card with APR of up to 69% (http://www.th eherald.co.uk/business/52784.html). This astounding rate applies with a credit limit of