Emergencies can quickly lead to bad decisions when applying for a loan; but please don’t leave your common sense at the door 🤔. With mainstream lenders shunning bad credit borrowers, specialist firms have stepped up to fill the void. However, many seek to exploit the situation by charging sky high-interest rates. We spotlight on the 3-things to try and avoid when looking for a fast...
Brexit, the US & China trade war, and general global economic uncertainty has resulted in many people in the UK suffering with a declining financial situation, difficulty in borrowing money, and the threat of personal insolvency. In this article we look at personal bankruptcy and other options. Bankruptcy Discussed One of the most effective ways of clearing substantial debt quickly is opting for personal bankruptcy....
Did you know that your credit score can ultimately impact your ability to borrow money using different means such as; credit cards, loans, and mortgages? We guess that you probably already knew that, however, there are also many other ways in which your score can impact your life. If you have a number of black marks on your personal finance history, it is important to...
The use of credit and debit cards is ingrained in our minds from a very young age nowadays. From going out with our parents to do the weekly shop, to filling up the car with petrol, to paying for lunch in the pub, these cards can be extremely useful to have and their use is commonplace. The ease with which cards can often be obtained...
Have you been left scratching your head because of rejected loan applications? In this article we explore why banks no longer lend to anyone with a poor credit rating, and then give some sensible affordable loan options for you.
We look at the two things you need to understand credit checking to help you get the right loan. Credit checking is simply when a bank or other organisation look at your credit file to help them make the decision as to whether they wish to do business with you or not. There are many types of organisation that can look at your credit file,...
Sometimes declaring personal bankruptcy can seem to be the only realistic option for anyone faced with an overwhelming amount of debt. However, one does need to take into account all the consequences of bankruptcy. Below we have identified a list of seven of the major consequences that you need to seriously think about before you choose this extreme option. No. 1 – You may lose...