Unlike the United States, the UK bases credit scores on individual lenders. These scores are solely used to educate citizens about their financial standing and how well they are doing with managing credit. Still, it is important to understand what it takes to improve...
While there have been numerous attempts to curb unemployment in the UK, one cannot deny that it’s still a serious issue in the region. That’s even more of a case now due to the recent global crisis. In fact, statistical data shows that the unemployment rate in the UK...
Traditional vs. Digital Banks Digital-only banks such as Monzo, Tide, and Starling are forcing traditional brick-and-mortar banks to take notice. Younger people are opening accounts at digital banks at an increased rate but many others in the UK are still hesitant to...
How To Cope With Bad Debt? Finding yourself in bad debt can be a scary experience. When you have piles of debt, it becomes harder to meet your minimum payments and make any progress in paying down your credit cards or loans. Luckily, it is never too late to get out of...
Five Budgeting Tips During Unemployment Becoming unemployed instantly impacts the way you live, requiring you to limit your spending and potentially skip paying bills. Without a financial strategy, it becomes easy to take on additional debt to cover your expenses....
Top 10 Ways to Keep Your Credit File Sky-High bad credit loans Whether we like it or not, credit defines precisely just how much trust we’re given from financial institutions and credit card companies. Your credit score is supposed to be a sober appraisal of...
