• If you’re looking for financial help towards paying for studies, there are several more options available to you than a student loan or a student credit card.

    Student Credit – Grants, Bursaries & Awards

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    If you’re looking for financial help towards paying for studies, there are several more options available to you than a student loan or a student credit card. Many universities and colleges give out financial aid in addition to their student loan that can be used towards living costs and tuition fees and, better yet, you… Read more

  • Student Credit Cards

    Student Credit – Credit Cards

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    Deciding to apply for a Student Credit Card isn’t a decision that should be taken lightly. Living on credit can be a slippery slope, and although Student Credit Cards have better interest rates than a normal credit card, you can still end up paying far more back than you borrowed if you don’t keep your… Read more

  • Debt Relief Order

    Debt Relief Order (DRO)

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    When you find you can no longer afford to pay your debts, a cheaper alternative to bankruptcy is to apply for a Debt Relief order. You’ll be automatically disqualified from being granted a Debt Relief Order if you’ve had a DRO in the previous six years, if you have an IVA (Individual Voluntary Arrangement)or are… Read more

  • Landlord Insurance - To Let Sign

    Landlord Insurance

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    If you buy a property or properties for the purpose of letting them to tenants, your mortgage provider will insist that you have insurance for each property, which includes cover for interior fittings and out-buildings, and that it fully covers the cost of repair, replacement, or clearing of the site should the property be completely… Read more

  • Zopa - Peer 2 Peer Lending

    Peer 2 Peer Loans

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    Imagine finding a loan by putting an ad in a newspaper or a shop window, asking if there’s somebody out there with the amount you need who’d be willing to lend it to you at a lower interest rate than a bank, letting you repay over a number of years. From their point of view… Read more

  • Fixed Rate Bonds - British Coins and Notes

    What Is A Fixed Rate Bond?

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    Fixed bonds are a way of saving a lump sum, anywhere from £500 upwards, in an account that pays a higher than normal rate of interest. Once the lump sum is invested in the account you can usually no longer increase the amount, nor remove any money until the time agreed for the investment has… Read more

  • Bankruptcy - Man turning out empty pockets

    Bankruptcy

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    Once you’ve considered various ways out of debt, such as a debt restriction order, debt management plan or IVA, the remaining option would be bankruptcy. It may be that one or more of your creditors has petitioned for you to be made bankrupt, or it may be that you’ve decided that your best option would… Read more

  • Individual Voluntary Arrangement - Shaking Hands

    Individual Voluntary Arrangement (IVA)

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    An Individual Voluntary Arrangement (IVA) is a formal and legally binding agreement between you and the people or companies you owe money to. It can help you to avoid bankruptcy. You need the help of a company of Insolvency Practitioners, who will take information from you and assess whether you’re eligible to enter into an… Read more

  • Judges gavel and law books stacked behind

    County Court Judgements (CCJs)

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    When a creditor issues you with a CCJ claim form it can feel somewhat intimidating, but usually it shouldn’t come as a complete surprise. This is most often the last resort of a creditor trying to get money that you owe them, so you should have previously had letters of request for payment, with a… Read more

  • Credit scoring - A credit application response letter

    Credit Ratings

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    From time to time during your life you may need to apply for a loan, perhaps to buy a car, do some home impovements, or you may be asking for a credit card or mortgage. Before the loan is approved the lender will your ask you for personal details including your income and employment status,… Read more