Cobra Payday Loans Blog

open banking
August 9, 2020

Everything you need to know about open banking

Open banking is the term used to describe a series of reforms which made it safe and secure for customers to share bank details with regulated third parties. This has revolutionised the financial sector, opening up the field for third party apps and online banks to offer a huge range of money management services to […]

britain becoming cashless
August 6, 2020

Is the UK turning into a cashless society?

Before lockdown, card payments were already becoming the norm in high-street retailers and local shops alike. But the sudden closure of physical retailers and the need for stringent hygiene measures due to the pandemic has hastened the decline of cash payments. Not only are more consumers paying for things online than ever before, but card […]

staycationing what to do with the kids
August 3, 2020

Staycationing this summer? What to do with the kids

Pretty much everybody has had their lives majorly disrupted by the global Covid-19 pandemic, however this unprecedented worldwide event has affected parents much more than most others. Around the world, schools have been closed for several months now, and the usually action packed summertime has been replaced by a tentative crawl out of lockdown. It […]

personal finance apps
August 2, 2020

Keep your spending in check with these top personal finance apps

Keeping track of your personal finances can seem like an overwhelming or even tedious task, however, careful budgeting is an important aspect of maintaining a healthy bank balance. If you have financial goals in mind, such as paying off a credit card, saving for a new car, or saving for a house deposit, keeping your […]

what to do if you lost you rjob
July 31, 2020

Losing your job: The survivors’ guide

Losing your job can be a traumatic event for a range of financial and personal reasons, but unfortunately, it’s becoming an ever more common event in light of the economic shocks surrounding the Coronavirus pandemic. While there’s often nothing you can do if your company just isn’t in a position to keep you employed, that […]

moving house expenses
July 30, 2020

Are there hidden costs when you move house?

Moving house can be a stressful and expensive process – there are always costs to consider when you decide to find yourself a new home. There will even be many hidden costs you might not have considered. It’s important to be aware of them, and to plan ahead, to ensure you have the funds necessary […]

stamp duty scrapped
July 29, 2020

Stamp duty scrapped for homebuyers on properties worth up to £500,000

Since the Chancellor, Rishi Sunak, announced a reduction in Stamp Duty Land Tax (SDLT), the topic has dominated headlines for the past few weeks, seeing financial and property experts weighing in on the announcement. But what does it mean for the economy, the housing market, and for you? We’ve broken down some of the key […]

peachy in administration

Payday loan company peachy collapses into administration

Payday loan companies have long been criticised for offering extortionately high interest rates to their customers – often people that are struggling to get by from month to month. Since the increasing backlash and complaints against these companies began a few years ago, a number of them have fallen casualty and collapsed into administration – […]

Top Tips To Create A Monthly Budget
July 26, 2020

How to create a monthly budget – 7 step guide

Organising your finances gives you peace of mind, no matter how much or how little cash you have. Creating a monthly budget is one of the simplest ways to take control of your finances and get the most out of your income. It’s a valuable exercise in understanding how money works and – importantly – […]

Recover financially from coronavirus
July 19, 2020

How to recover financially after coronavirus

The ongoing COVID-19 crisis has affected the pockets of almost everyone in the UK. Since the initial lockdown measures were announced in March of this year, entire sections of the economy have either been curtailed or shut down entirely, inevitably signalling a significant economic shock that has been felt across the world. By extension, many […]