For several obvious reasons, financial security is becoming a rare state of affairs during these economically unstable times and more people are becoming concerned about how vulnerable they are to loss of income. With loss of income also comes the loss of ability to support their families as well as to settle certain financial responsibilities [...] Read more »
Is this the biggest sin in personal finance?
When it comes to personal finance every single person has something to say. It’s strange that there are so many experts on the topic yet personal debt levels are at an all time high in the UK! If you ask people what’s the worst thing to do then the typical answers are things like wasting [...] Read more »
Why You Shouldn’t Trust the Banks With Your Money
More and more people are beginning to lose trust in the banks. The recession and ongoing financial crisis have put a lot of focus onto the nature of our financial system and the people who run things. The public is slowly beginning to realise that the bankers do not hold the their best interests at [...] Read more »
Top 10 Money Saving Tips Books
1. Free Stuff Everyday by Mike Essex The “freebieman” published this best selling book himself There’s no better way to save money than to get things for free Mike gives you a pretty much step-by-step guide on how to use various loopholes and vouchers to get stuff for free Tips on how to get fashion accessories, electronic [...] Read more »
How to Improve Your Credit Rating for Free
There are lots of websites offering to repair your credit record for a set fee. However, you should never need to pay someone to repair your credit record because you can actually do it yourself for free. The purpose of this article is to show you how to do this quickly and easily without spending [...] Read more »
Top 10 Debt Advice Charities
Personal debt levels in the UK are at an all time high. Many people are struggling every day trying to pay back money they owe. In fact often people cannot even keep up with just the interest payments on the debt. If you are in a lot of debt and need advice then there are [...] Read more »
Secured Loans vs Unsecured Loans
When it comes to personal loans there are basically two main types to choose from, secured or unsecured. There are pros and cons to each so the purpose of this article is to highlight some of the things you might want to think about before applying for either of them. There are whole industries dedicated [...] Read more »
Logbook Loans Complaints
There have been several high profile news stories about the UK logbook loans industry this past year. The negative press was focussed on one company in particular, Nine Regions Limited. They were forced to cease trading after losing their Consumer Credit License due to breaking various finance regulations and losing their long standing court cases [...] Read more »
12 Month Payday Loans
One of the main problems with payday loans is that many people need to borrow money for longer than one month. Although there is the option of rolling over the debt each month, the interest keep getting added and results in you paying back a much higher total amount than you would have otherwise. The [...] Read more »
People with bad credit
There is no credit check when you apply for a logbook loan. People with bad credit can still apply because the loan is secured against your car. Therefore the lender has no need to calculate your creditworthiness when you apply and will calculate the value of your car instead. The amount you can borrow depends [...] Read more »