Personal Finance
Struggling to Pay? Why Contacting Your Lender Early Helps
If money is tight, the worst thing you can do is go quiet. This guide explains why contacting your lender early gives you the…
#Debt
Stories tagged “Debt”.
14 stories
Personal Finance
Debt Snowball vs Avalanche: Which Clears Debt Faster?
The snowball and avalanche methods are two popular ways to pay off multiple debts. This UK guide explains how each works, why the…
Personal Finance
Payment Arrangements and Plans: A Practical Guide
What a payment arrangement is, how to set one up with a lender, how it can affect your credit file, and where to get free…
Personal Finance
How to Improve Your Credit Score
Your credit score is a number that signals how reliably you handle borrowing. This explainer covers the main factors that shape…
Personal Finance
When Your Circumstances Change: Talking to Your Lender
Job loss, illness or bereavement can make repayments hard to keep up. This guide explains why telling your lender early matters…
Personal Finance
Overpaying Your Loan: How Paying Extra Saves You Money
Paying more than your contractual loan repayment can cut the interest you pay and clear the debt sooner. This guide explains how…
Personal Finance
Managing Your Money Over the Holidays
A practical, pressure-free guide to handling money over the Christmas and holiday period: setting a realistic budget, avoiding…
Personal Finance
Your Rights If Bailiffs Come Calling
Bailiffs, or enforcement agents, have legal powers to collect certain debts, but those powers have firm limits. This UK guide…
Personal Finance
What Is the Breathing Space Scheme?
The Breathing Space scheme gives people in problem debt legal protection from creditors while they get advice. This UK guide…
Personal Finance
What Is a Debt Management Plan?
A debt management plan (DMP) is an informal agreement to repay your non-priority debts through one affordable monthly payment…
Personal Finance
What Is Debt Consolidation?
Debt consolidation means combining several debts into one so you make a single monthly payment. This UK guide explains how it…
Personal Finance
What Is a Default on Your Credit File?
A default is the formal mark a lender adds to your credit file when an account has gone seriously unpaid. This UK guide explains…
Personal Finance
What Is a CCJ? County Court Judgments Explained
A County Court Judgment (CCJ) is a court order to repay a debt, and it can seriously affect your credit. This UK guide explains…
Personal Finance
What Is a Balance Transfer Card?
A balance transfer card lets you move existing credit card debt onto a new card, often with a 0% interest period. This UK guide…