Debt news this week
UK economy back to pre-crisis level The economy has grown by 0.8% in the second quarter of the year. The office for national statistics says this means the UK economy is now worth 0.2% more than it was...
View ArticleWhat is a default notice?
A default notice is a formal letter from your creditor telling you that you are in arrears with your account and you need to bring it up to date. The notice will be sent after you have failed to send …...
View ArticleWhat will happen to your house in an IVA?
If you are in debt and are struggling to make everyday payments, you should seek free debt advice. Someone will be able to help you with budgeting and if necessary, discuss a debt solution suitable for...
View ArticleUseful things to remember about overdrafts
Its not free money! An overdraft is an extra credit amount, usually attached to your current account. It allows you to borrow money from the bank if you unexpectedly run out of funds. The key word here...
View ArticleCan I get a debt consolidation loan if I have a bad credit rating?
A debt consolidation loan is usually secured against your property, and is used to pay off a number of smaller debts such as personal loans, store cards and credit cards. This means you will only be...
View ArticleThe Credit Rating Puzzle: Your Questions Answered
We know that solving your debt problems comes with a lot of confusing jargon. What exactly is a credit score?. Are your credit score, credit rating and credit file basically the same thing? We want to...
View ArticleAshley Park’s Quick Guide to Finance and Budgeting
We’re always telling you that you should work out a budget on this blog. Budgeting really is the holy grail of finance. But where to start? There are plenty of budgeting tips flying around on the web,...
View ArticleHow to get cheap car insurance for young drivers
The number of people aged 17-29 who hold a full UK driving licence is falling. With many in part-time work or full time education, carrying student debts and seeing the cost of housing climbing, the...
View ArticleDifferent types of credit: a simple guide
We have previously covered the different types of debt solution. We thought it would be helpful to also give you a simple run down of common types of credit as well. Secured loans Secured with some...
View ArticlePayday loans: The Story so far.
Back in August we published a piece on what you could do if you couldn’t pay off your payday loan. Since then the payday loan industry had barely enjoyed one week out of the headlines. To keep you...
View Article
