They are one of the quickest and simplest means of securing funds, but anyone taking out a PayDay loan pays heavily for this convenience. PayDay loans are one of the most expensive ways of borrowing money; failure to meet the strict repayment rules can quickly lead to the debt spiralling out of control and seriously

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

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

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

If you need to borrow a substantial amount of cash, you’ll want to ditch the credit card in favour of a personal loan. The loan market is incredibly competitive at the moment, meaning that providers have been forced to lower their rates to attract customers. Competition has been so fierce that rates fell to an

Money has always been a key cause of difficulties between couples. And as the credit crunch continues to bite many partnerships are being ground-down by the interminable need to watch the pennies. When money is tight, even the simplest of innocent spending actions can easily spark an argument as individuals struggle to remain in control