There are numerous times during your life when an organisation will be compelled to assess your credit rating in a bid to better understand your capacity to pay for something. There are two key types of credit checks – soft and hard – and though they are somewhat similar, there are some differences that you […]
Handling your own finances and building a good enough credit rating to get a loan can be difficult, but did you know that in certain circumstances, it’s not only your credit rating that matters? There have been many people who have been refused a loan because their partner’s credit rating has been bad. It doesn’t […]
If you’re self-employed you might worry that you won’t be able to get a loan. There are so many loans out there, but if you’re self-employed it can feel like there’s precious little assistance when it comes to finding the right loan for you. The simple fact of the matter is that yes, you can […]
Most people need to borrow money at some point in their lives, whether it be for a large purchase, or in the event of an emergency. With so many lenders now on the market, it can be difficult to know who to trust and who will give you the best deals. Sometimes the best deals […]
If you are in debt and owe money to your creditors, there are a variety of options available to you when it comes to paying the debt. The exact route you take to settle your outstanding debts will usually depend on your assets and the amount of spare money you have available. We understand that […]
Universal Credit is a Government benefit scheme aimed at offering financial assistance for people whose income is low or who are out of work. In the current climate, the number of people on Universal Credit is rising, many of whom have never been on it before. One question that people ask is whether it’s possible […]
Your credit score is like a passport to credit in the UK, and that little number can mean the difference between getting a mortgage or a loan and having your application rejected. However, considering it’s an important number in most people’s lives, credit scores are widely misunderstood. Tending to your credit score is an important […]
It can sometimes feel that the internet is full of crooks and scammers. Not a day goes by when most of us receive a so-called phishing email, trying to tempt us to part with our money, or login details for bank accounts and subscription services. Most are fairly easy to spot but succeed by contacting […]
If you’re trying to improve your credit score, it’s important to take into account every detail which might make a mark. In some cases, this could even include your utility bills – how you pay them, whether you pay them on top, and whether you’re on top of them all. Do Credit Reference Agencies Look […]
When seeking financial services from reputable lenders, you are likely to come across mentions of the Financial Conduct Authority (FCA). If you don’t know what the FCA is, then this article will tell you everything that you need to know. Essentially the FCA is a regulatory body that ensures financial service providers adhere to specific […]
If you are being rejected for loans and credit cards again and again, we understand it can be difficult to know where you are going wrong. Many credit cards are now marketed as being for those with poor credit scores, and offer same day approval and spending. However, where this has not been your experience, […]
In terms of everyday banking, most people have one current account and one or two savings accounts. (Not counting shared bank accounts). But did you know that you can actually have as many personal current accounts as you like with the same bank? Ideally, four current accounts? You may wonder why anyone would do that […]
Almost all of us need a loan at some point, however if you are in receipt of benefits applying for a traditional loan with a bank or building society may not be possible. Many of the traditional lending streams are unavailable to those who are on benefits, yet there are alternative lenders which are often […]
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.