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. However, 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 […]
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 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 an […]
A payday loan will not usually impact 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 harm their credit score. However, emergency expenses are a part of life and often cannot be avoided. A payday loan can help cover […]
Bankruptcy is a bit of a dirty word in the UK. It 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 […]
If you’re about to apply for credit, you are often advised to check your credit score, as it can make a massive 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? […]
Buying a first home is still seen by millions of Britons as a rite of passage, allowing people to set up a family of their own and start paying into an asset that they actually own. But for many people, it feels like a next step that is increasingly out of reach, particularly for young […]
Payday and doorstep lenders have been with us for years. Unfortunately, some of them were lending at very high interest rates, with unpleasant practices such as aggressive debt collection, poor affordability checks, and overcharging fees. On 1st April 2014, the Financial Conduct Authority became the regulator for these companies and began cracking down on unfair […]
The cost of a wedding in the UK often runs into the tens of thousands of pounds and, while it is your special day, it is worth considering some ways to lower the bill. It is possible to have a perfectly wonderful day, with most of the trimmings, on a budget. You just need to […]
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk.