When you use a credit card you are, in effect, borrowing money from the credit card provider. As with anything you borrow, you will need to give it back. Your...
As the cost of living hits households across the UK, many people are struggling financially. One of the first troubles to hit households has been paying off debt becoming more...
In May 2021, the UK government launched a scheme to give people struggling with problem debt a 60-day 'breathing space' period, protecting them from further interest and charges while they...
Debt can be expensive, stressful and damaging for your financial future. Missing one or two payments has the potential to spiral into a serious problem unless you can act quickly....
According to moneyandmentalhealth.org, 93% of people surveyed spend more when their mental health is suffering. A worrying statistic in a world of easy credit and rising problem debt. Problem debt...
Falling into debt can be upsetting and stressful. You may feel as if the situation is out of control and your problems are spiralling, but debt is not something you...
Most people associate remortgaging with securing a better interest rate for their monthly repayments or releasing funds for home improvements, but it is also possible to remortgage to consolidate debt....
If you are living paycheck to paycheck and consistently spending more than you earn, you are likely to be living beyond your means. If this carries on for an extended...
1) Pay off debt with savings If you have credit-card debt and are still saving you are effectively paying to save. You are getting virtually no interest on your savings...
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