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British credit card interest rates approach 50%

A few years ago I posted about British ADVERTISED credit card rates over 20% and I thought that was ridiculous. Apparently the Brits are even dumber than the Americans. 

However, I just read about British bankruptcy filings and the article claimed that many thousands are forced into bankruptcy and have to SELL their homes because they can't pay taxes. 

770 credit score required for auto loans? Mortgage rates at 37-year low

Monday I heard an interview on NPR with a guy who claimed that new guidelines for auto loans require 770 credit scores. I don't think there will be many people with 770+ scores who WANT to finance another crappy new car.

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