Money /

Dealing with debts

  • credit unions loan alternatives

    Payday loans: Beware!

    Payday loans are being thrust at us continuously and the continued rise in living costs combined with stagnating salaries means many families are finding it harder and harder to make ends meet each month. As a result, increasing numbers are turning to short term, high interest loans after exhausting the more traditional lines of credit.

    Read More
    what to do if you can't pay your mortgage

    Organise your debt

    If you find yourself in financial difficulties, the best way of dealing with it is to organise your debt. Unless you know exactly how much you owe and to who, you can’t begin to tackle the issue. Here we look at prioritising your debts and working out how to pay them. How much do you

    Read More
    Fast track Voluntary agreement

    Fast track Voluntary Arrangement

    For people who’ve already been declared bankrupt, an additional solution to help repay their debts maybe be a Fast Track Voluntary Arrangement (FTVA), which will allow them to have their bankruptcy cancelled. What is a FTVA? An FTVA basically means that someone who has been made bankrupt can apply to sell their assets in order

    Read More
    credit score?

    Can you improve your credit rating?

    Are you wondering ‘can you improve your credit rating?’ Your credit score can affect your ability to successfully apply for finance products or benefit from preferential rates. However, do you know exactly how it’s calculated or the best ways of improving it? What’s a credit score? Your credit rating is used by lenders to determine how

    Read More
    home repossession ton increase along with house prices

    Mortgage Payment Protection Insurance: What you need to know

    Mortgage payment protection insurance might seem like an additional expense, but it could get you out of a financial mess in the future if you’re unable to make your mortgage repayments. The UK  is currently experiencing a prolonged episode of economic decline which is expected to continue for some time. With this arises an assortment

    Read More