If you’re about to apply for credit you are often advised to check your credit score, as it can make a huge difference to the success of your application. What exactly is a credit score? How is it worked out and are there any ways you can improve it? What exactly is a credit score? […]
So, you’ve decided you may be interested in a short term loan. This can be a scary prospect, especially for a first time borrower. You may have lots of questions: what is a short term loan? How do I pay it back? What are the benefits of a short term loan in the first place? […]
One of the key tests anyone who wants access to finance has to pass is a check on your credit file. For some people this is a mere formality, allowing the lender to rubber stamp their decision to grant access to finance and approve the loan or credit as ‘affordable, while for some people the […]
The world of personal finance is full of different terms for different types of credit, many of which sound the same or refer to products that aren’t described very well by their names. We love to help customers by de-mystifying these words to help you make better choices, and today we’re going to be tackling […]
The concept of a payday loan is, on the surface, very simple. Should you be experiencing any kind of financial shortfall, you fill out a short form, get a quick loan (if you are accepted), and then pay it back in good time so that you do not accrue any significant level of interest. It […]
For those with bad credit, getting a loan can seem an impossible feat. Bad credit doesn’t always mean that you have a large amount of outstanding debt, there are endless factors that can impact your credit score. However, regardless of the amount of your outstanding debt, if your credit score isn’t great, many lenders are […]
When you’re looking at loans, one of the most confusing things to get your head around is the annual percentage rate, or APR. It is also one of the most misunderstood. All payday loans will be advertised with the APR clearly shown. If a lender does not tell you the APR, then avoid them, as […]
Are you looking for information on how or when to avoid taking out a payday loan or emergency loan? The good news is that even when finances are tight, there are still lots of ways you can get by without having to borrow money at high cost. But how exactly can you achieve this? The […]
Most of us get into debt. Credit enables us to invest in the here and now and make plans for the future. But getting trapped into a debt cycle can be difficult or almost impossible to escape. There is a way out. Mortgages, student finance, investment in home improvements and buying a new and reliable […]
While it’s important to be responsible in terms of money management, sometimes life’s unexpected twists and turns mean that we find ourselves in need of financial help from time to time. This can be in the form of a payday loan, credit card, overdraft or other financial service. Whether you need to fund repairs to […]
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.