You’ve might have heard debt consolidation described as “rolling up all of your debts into one payment”, and that’s pretty much the gist of it. Instead of paying back smaller amounts to lots of different providers, debt consolidation works by taking all of the money...
Sometimes, a lick of paint or some fresh wallpaper is all it takes to spruce up your home and make it feel new. Other times, you can’t help but find yourself daydreaming about bigger, more exciting projects. Like that home gym you’ve always wanted... Or converting the...
Find out how... Whether you’ve got a long list of presents to buy or a big family Christmas to prepare for, everybody knows that December is often a very pricey month. In fact, a recent study estimated that Britain will go into 2020 with an eye-watering £8.5billion of...
After being turned down on their mortgage, this couple couldn’t buy their dream home. Dave Welk and Sarah Williams* had finally gotten a mortgage offer for their dream home from a high street lender. However, even with their savings, they were still £50,000 short....
Think of it as a cross between a grade for how you’ve been handling borrowing and a prediction for how well you’ll manage a loan in the future A credit score is a figure a lender calculates when deciding whether to make a loan to a potential borrower. Think of it as a...
First, take a deep breath. The first thing you need to do when you want to manage money better is to actually look at your finances. If you don’t balance your outgoing spend with your income, you will begin to struggle to make ends meet, and if you turn to short term...
A jargon-free look at the pros and cons of different credit options There are many different credit options out there: from credit cards and payday loans to second mortgages and remortgaging. With so many choices, how are you supposed to know which is the best credit...
Take a look at credit scores and credit reports in a bit more detail They both show how you handle credit, but one’s a grade that’s shown as a numerical figure and the credit report is a summary of how you’ve been handling credit. Let’s take a look at credit scores...
Get a loan even if you’ve got bad credit by designating a guarantor If you’ve been turned down by lenders for a personal loan or consolidation loan and have ‘bad credit’, a guarantor loan may well be an option worth considering. So, what exactly is a guarantor loan?...