21st January 2021
An Individual Voluntary Arrangement (or IVA) is a payback agreement between an individual and his or her creditors. If you can’t afford to repay your debts, you can use a Licensed Insolvency Practitioner to negotiate […]
22nd June 2020
British households are expected to rack up debts worth a combined £6bn during the coronavirus health crisis, StepChange claims. As millions fall behind on credit card payments, council tax and utility bills, the debt advice […]
25th February 2019
The Telegraph reported this week that some of the best credit card deals have disappeared from the market over the last 12 months. Last year, an investigation of the credit card market by the Financial […]
21st January 2019
Credit card debt can pile up quickly, particularly around expensive times of year like Christmas. As statements from the festive period begin landing on doormats, we take a look at how you can pay off […]
7th August 2018
The Bank of England increased its base rate of interest from 0.5% to 0.75% last Thursday. The move will impact on borrowers and savers. The base rate is the Bank of England’s official borrowing rate […]
15th January 2018
Christmas is expensive. As more people are choosing to put festive spending on credit, the average Brit now suffers from a three-and-a-half-month debt hangover in the New Year. Research shows that a typical British adult […]
16th October 2017
The Bank of England has announced that UK lenders will be scaling back the provision of loans after repeated warnings about unsustainable lending on credit cards, car finance deals and other types of unsecured lending. […]
6th September 2017
One in five people who say that they are struggling with debt have seen their credit card limit increased automatically – paving the way for more serious debt problems. Citizens Advice said that the proportion […]
4th September 2017
Evidence shows that more and more British consumers are paying with plastic, as figures show a rise in the use of credit and debit cards. The number of transactions carried out on cards grew by […]