When Are Student Loans Written Off
Key Takeaway:Student loans do not have to be paid back immediately after graduation. The repayment process begins once the graduate starts earning a certain amount, usually £27,295 per year or above. Student loans can get written off in a few scenarios, including when...
How Do Logbook Loans Work?
Key Takeaway:Logbook loans are a type of secured loan that uses the borrower's vehicle as collateral.The loan is secured using a bill of sale and a consumer credit agreement, with the logbook serving as insurance for the lender.To qualify for a logbook loan, borrowers...
How Long Can A Debt Be Chased UK
Key Takeaway:Understanding the Statute of Limitations is crucial in determining how long a debt can be chased in the UK. Depending on the type of debt, there are limitations on how long creditors can legally pursue unpaid debts.Unsecured debts, such as credit card...
8 ways to survive the UK cost of living crisis in 2023
Key Takeaway:Direct your direct debits: Keep an eye on direct debits to avoid wasting money. Check contracts and deals regularly and renew for more affordable ones. Fix deals with new and existing providers to get better deals based on customer loyalty.Cancel regular...
How To Get An Argos Card With Bad Credit
Key Takeaway: Having bad credit makes it difficult to obtain an Argos card: The credit score of an individual greatly impacts the approval process of an Argos card. If one has a poor credit score, their application would be declined. It’s important to meet Argos...
Can you rent a house with bad credit
How can you rent a property with bad credit? In the UK, renting a house with bad credit can be a daunting task. Unfortunately, a bad credit rating will significantly reduce your chances of being accepted as a tenant by landlords and housing agents. But it is still...
Six Ways How Unemployment Can Effect Your Health
How Unemployment Can Affect Your Health Unemployment is a stressful and challenging experience that can have a significant impact on your health. The financial strain and uncertainty that come with losing a job can lead to increased levels of anxiety, depression, and...
Can Unemployed People In The UK Get A Credit Card
Can I Get A Credit Card When I’m Unemployed A credit card can be a handy financial tool if used responsibly. Everyday purchases, larger buys and emergencies are all good uses for your plastic friend, but what about if you are unemployed? There are certain times...