Category - Debt

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...

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...

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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...

How to get your free credit score in UK

Your credit score is the result of your financial footprint. This covers the past six years of your life and it’s fundamental in order to get any kind of loan. As we have recently covered, you can pay £2 to get...

5 facts about your credit score

Credit score is not a nightmare, but a reality. This is something we all share and have to go through at least once in our lifetime. If you still haven’t stumbled across the definition of credit score and why you...