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What does "reference" mean when transferring money?

What does

You will encounter the term “transfer reference” code/number every time you initiate a financial transaction. In addition to bank transfer reference, you will also be asked to furnish a reference code when making payments through debit and credit cards, direct…
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How long do payday loans stay on your credit file?

How long do payday loans stay on your credit file?

In the past, if you lived in the UK, you would never see payday loans appear on your credit file. However, in order to regulate the industry a little bit more, the government now requires all payday loans providers in…
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7 Great Money Saving Hacks Everyone Should Know About

7 Great Money Saving Hacks Everyone Should Know About

In the economy we live in today, it is always advisable to save as much money as you can. Sometimes we are just a stock crash away from another global financial crisis. As the saying goes a coin saved is…
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10 Things You Should Avoid When Trying to Make Money Online

10 Things You Should Avoid When Trying to Make Money Online

If you are struggling to make money online with little or no success, you probably have been doing it all wrong. With the right strategy and mindset, you can make thousands of pounds in a month from your online business,…
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What Would You Do If You Won The UK Lottery?

What Would You Do If You Won The UK Lottery?

Wouldn’t it be nice to tell your boss at that dead-end job you have that you quit because you won the lottery? The national lottery has created over 4,000 instant millionaires since 1994. Some people have gone on to compound…
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