Debt budgeting and dealing with creditors

Dealing with credit and store card debt

Dealing with credit and store card debt

The inevitable monthly flop of the credit and store card bills on the mat is enough to make the heart sink a little. The weight of the debts can hang over you like a cloud; it’s a natural instinct to try to forget all about them. But deep down we all know that shoving the

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What is the best way to borrow a small amount

What is the best way to borrow a small amount

If you’re temporarily struggling financially, it can be a good idea to borrow what you need. While not getting a loan is always the best advice you can follow, there are times when they can prove to be useful. At one time lenders would only lend thousands of pounds to borrowers. However, with the rise

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How to deal with a Bailiff

How to deal with a Bailiff

A bailiff may pay you a visit if you have an unpaid debt and you have not been in contact with whoever you owe the money to. They are also engaged to provide a personal handover service for certain legal documents. Bailiffs are effectively ‘enforcement agents’, whose job is to uphold the law. They have

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what is apr

What is APR

Annual Percentage Rate (APR) is the term used to describe the amount it will cost you to borrow money for one year. It is calculated using a standard method with an assumed level of borrowing of £1,200. The calculation also takes into account the interest charges and any other fees, such as annual fees or

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Paying rent arrears

Paying rent arrears

If you’ve fallen behind with your rent, don’t hide from the problem as there is help and advice available. It can be an extremely worrying time when you fall into rent arrears, though the longer you leave it, the worse the problem becomes. It helps if you understand your rights and the correct procedure for

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5 Things that can ruin your credit history

5 Things that can ruin your credit history

Building a sound credit history takes time, patience, and a high degree of self-restraint. It means managing your finances carefully over an extended period of time. After all that effort it would be a shame to inadvertently damage your credit rating, but many people don’t realise how shockingly easy this is to do. Here are

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