Cobra Payday Loans Blog

Dont repent these top money mistakes
January 8, 2021

Je Ne Regrette Rien – Don’t Repent These Top Money Mistakes

Everyone makes mistakes. But money missteps, banking blunders and lending laments can be costly and take years to rectify. Britain is in the midst of economic turmoil with future job losses seemingly inevitable and less household income likely to affect millions as a result of the COVID-19 pandemic. People of all ages are going to […]

Is it the end for zero percent balance transfer deals?
December 14, 2020

Deals for Interest-free Balance Transfer Credit Cards Are Disappearing

In 2019, there were numerous offers available that allowed consumers to take a credit card and transfer the credit to another card to pay off the balance. Then they would be given an interest-free period in which they could pay back the balance. This was an excellent way for consumers to avoid expensive interest rates […]

Are we becoming a cashless society
December 7, 2020

Is the Pandemic Pushing the UK Towards Becoming a Cashless Society?

The recent Coronavirus outbreak has altered our lives in many ways during 2020, but one of the most significant and potentially long-term changes has been the reduction in the use of physical money. With people now less likely to want to come into contact with banknotes and coinage, the prospect of a cashless society is […]

employee salary advance schemes
December 2, 2020

Are Salary Advance Schemes Just Another Debt Trap?

Increasing numbers of cash strapped employees have turned to salary advance schemes during the coronavirus lockdown. But the Financial Conduct Authority (FCA) has questioned their transparency and the risk that they could push customers into a cycle of debt. Are such plans, which allow staff an advance on their wages already earned a good idea? […]

16 top tips to help save money at christmas
November 29, 2020

16 Tips to Help You Save Money This Christmas

It looks as though Christmas will be a little bit different in 2020, and though this may well be a disappointing prospect for many people, it may mean that you spend less than in previous years. Thankfully, there are a number of ways in which you can save money in the run-up to the festive […]

manage finances during covd19
November 22, 2020

Managing Your Finances During Covid-19: 7 Practical Tips

With huge changes to the current furlough scheme being implemented, it is likely that the COVID-19 pandemic will continue to have a crushing effect on livelihoods in the UK. With this comes the headache of further financial worries. However, with the right advice, you should be able to find it a little bit easier to […]

covid layoffs
November 10, 2020

Covid Layoffs – Employees Need Support With Their Finances

With the coronavirus crisis set to continue for some time to come, it is a sad economic fact that many redundancies are inevitable due to the turmoil caused by the disease. For sectors hit hard, redundancies are likely to be a necessary business decision. But at this time, it is important to remember that laying […]

merry debt free christmas
November 7, 2020

Have a Merry Debt Free Christmas

Christmas is that magical time of year where we, for once, forget about everything else and concentrate on our families and loved ones. Presents, good food, good drink, holidays and all sorts of other exciting things are just around the corner, but for some families, it can also mean walking a debt tightrope to make […]

recover after pandemic
November 3, 2020

How to Rescue Your Finances After the Pandemic

The coronavirus crisis has hit everyone in different ways, but many of us will have felt the impact financially. There have been thousands of job losses, meaning people have had to dip into savings or apply for loans and benefits. As we emerge into a new world, it’s time to take control of your finances […]

managing money when paid monthly
October 28, 2020

Paid Monthly? How to Make Cash Last

It’s hard to know which is the toughest to manage. Getting paid weekly or monthly both present their own challenges. However, the horrible feeling of dread that you’re totally skint for at least one week each month is certainly not pleasant. Especially if that’s the week the big bills need to be paid! Money constantly […]