Payday loans and other short term loans are becoming more and more popular, and there are an increasing number of lenders popping up. They make sense, most people only want to borrow a little bit of money over a short period of time to help them through a spot of financial hardship – they don’t […]
Applying for a loan seems like a scary process, especially if you’ve never applied before. Your mind may be swimming with questions: what type of loan do you go for? How much should you borrow? How long will it take to repay the loan? All of these are important and valid questions, but they’re easily […]
Dealing with the estate and finances of a deceased person can always be difficult, especially when the issue is compounded by the grief felt at the person’s death. This problem can become even worse, however, when there are still outstanding debts that need repaying. Knowing who has to deal with that debt, and how they […]
If you’ve been wondering whether no credit check loans exist, the answer to your question is yes – in theory. In practice, they should not be offered by lenders in the UK, and with good reason. It may even be against the law for a payday lender to offer you a loan without a credit […]
What is an IVA? An IVA, or Individual Voluntary Agreement, is a financial arrangement intended to manage significant debts. Individual Voluntary Arrangements are usually made between a consumer and the organisations to whom money is owed. An IVA can be helpful in the case of an individual owing money to a number of different companies […]
Understanding your credit score might seem complicated. A quick search on Google will bring up plenty of pages detailing what credit scores mean, and suggestions on how to boost yours – but does it all actually make a difference? With conflicting pieces of advice out there, it can be hard to know how to put […]
Payday loans are incredibly easy to apply for and access. According to the Citizens Advice Bureau (CAB) Payday Loans Survey, 98% of borrowers stated that they found payday loans easy to use. However, ease of access to money makes this source of financing potentially dangerous. It is the model of payday loan companies to make […]
If you have bad credit it can be difficult to know where to turn if you need a loan. Sometimes there’s no way around it, you simply need to borrow money to get you out of a financial pinch – but where can you turn? Fortunately, if you have bad credit you’re not alone, it’s […]
A payday loan will not usually impact upon your credit score providing you use it responsibly and repay in full and on time. Some people worry that taking out a payday loan will have a negative impact on their credit score. Emergency expenses are a part of life and often cannot be avoided. A payday […]
Bankruptcy is a bit of a dirty word in the UK, and can conjure up all kinds of unpleasant associations such as assets being seized, businesses failing and homes being repossessed. But while bankruptcy is a serious move that has lasting consequences, and shouldn’t be taken lightly, it’s far from the horror story that some […]
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 […]
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 […]
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 […]
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.