While we all know the economic situation in the United Kingdom is pretty dire, lots of people haven’t realised just how bad it actually is. It turns out that lots of family’s budgets are already pushed almost to the brink. Some people have said that they couldn’t even find £24 …
Even if retirement is a long way off, it is never too early to start planning for your future. Whether you decide to travel the world, spend time with loved ones or dedicate your time to a special hobby, you’ll need a continuous income to fund your retirement. With recent …
SSE has been fined £10.5 million for lying to potential customers to get them to swap to them for their energy supplies. The fine is the largest of its kind dished out to the UK’s energy companies who are all reporting record breaking profits. They were not isolated occurrence either, …
The consumer group Which? has estimated that the money currently set aside by the banks to pay consumers compensation for mis-sold PPI could run out as early as December of this year. Of course, that doesn’t mean that the banks will have to stop paying compensation, just that they have …
The internet has changed our lives in many ways, but when it comes to borrowing money, it has been a game changer. Instead of approaching a bank manager for a loan, lending websites have become an online industry, offering loans for every situation and every budget. Banks are becoming increasingly …
Bankruptcy has some negative connotations floating around it, particularly in the current economic climate where businesses and banks are closing down, losing people their jobs and shutting shops on high streets. However, this is only part of the story. Bankruptcy laws exist so that people who have found their financial …
Student loans are a great aid for the students during the higher studies, but reports says they are meant to build positive credit history, provided the instalments are paid on time. However, there are people who have instances in their life to prove, that student loans has badly affected their credit scores. …
Debt consolidation, it is a type of loan taken to repay all the unsettled dues. Time and again it is taken at lesser interest rates. Many consider this debt consolidation in a situation when having multiple loans and facing the troubles with higher interest rates and they feel it worth …
As the recession continues more of us than ever need to borrow money to get by. And when you need cash in a hurry, it’s easy to throw caution to the wind and opt for almost credit arrangement going. But some types of credit are better than others, and others …
Student loans were introduced by the government so that everyone in the UK could have the right to a university education. The result was that more people were going to University and more people were able to survive whilst they were at that university. With student fees increasing annually, and …