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 […]
UK consumers and businesses now have a clear set of rights that are protected by law. These rights are to ensure that they can buy with confidence, get trustworthy advice and obtain help with any disputed transactions. Who champions buyers’ rights? That would be the Ombudsman Service. This article explores ‘What is the Ombudsman Service?’ […]
Like your birth certificate, your driving licence and your criminal record, your credit score stays with you for life. It’s how finance companies decide whether or not they want to lend you money or set up a finance agreement, such as a hire purchase, and it contains a record of everything you owe, as well […]
When it comes to all things related to finance, it pays to research the ins, the outs and everything in between. This is especially true when it comes to loans; when managed correctly, they can be incredibly beneficial, but if utilised poorly, they can be extremely costly, and can seriously damage an individual’s financial standing. […]
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 […]
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 […]
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 […]
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.