Debt is defined as a sum of money that is owed by one party to another. If you have large amounts of debt, or you’re not managing debt repayments well, it can cause unnecessary complications and stress to your...
December 8, 2020
Category - Debt
This Big Guide Will Help You Compare Loans
There are many different types of loans. In this guide weβll take you through each type of loan, helping you compare and understand the differences. What Is A Loan? A loan is a sum of money you borrow, with the...
September 16, 2020
Coronavirus: you can now apply for a 3-month mortgage payment holiday
The UK government recently introduced policy to help borrowers with reduced income throughout the coronavirus outbreak: the mortgage payment holiday. Homeowners con now contact their lenders to apply for a 3-month...
March 30, 2020
6 Tips To Improve Your Credit Score
Looking to improve your credit score? Credit scores are no longer just about whether or not you can take out a mortgage on a house, get yourself a credit card, or be approved for a personal loan. Nope, credit scores...
March 20, 2020
Budgeting To Pay Off A Student Loan In 4 Easy Steps
It is never easy to pay off a student loan. Many postgraduate college students are burdened by tens of thousands or even hundreds of thousands of dollars of debt. And the numbers are a little scary. Consider this...
February 28, 2020
How To Pay Off Debt Fast With Low Income
Nobody likes the feeling of owing money. Having to pay off debt is something a lot of us face but few are properly prepared to tackle. These feelings can be further exacerbated by high-interest rates, loan service fees...
January 10, 2020
The subscription economy: What it means for your finances
When we look at our accounts each month, many of us are often a little shocked to see just how many monthly subscriptions we participate in β subscriptions for movies, clothes, food, and even razors. In this blog post...
June 13, 2018
The different types of overdrafts
Overdrafts are a form of debt, they allow you to borrow money through your current account. These should be used for short-term borrowing or emergencies only. Your bank, with your own agreement, should be able to...
October 18, 2017
5 steps to clear your overdraft
Overdrafts are a form of debt, but they can’t be compared to credit card or personal loans. They are instant, flexible and most of all, easy. You need to use a completely different approach to tackle this problem...
September 29, 2017
Payday loans: why you should avoid them
The spiral of debt can be lethal and it’s something you should avoid at all costs. This happens when you are in debt and struggle to repay; which results in more fees, more debt and things get out of your hands...
July 19, 2017
