Key Takeaway: Loan sharks are bad: Loan sharks are illegal lenders who charge extremely high interest rates and use abusive tactics to collect payments. Borrowing from loan sharks can lead to financial instability and can put individuals at risk of exploitation....
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...
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...
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...
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...
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...
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...
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 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...
Getting A Mortgage When You Are Unemployed Understanding Mortgage Eligibility Criteria It is possible to get a mortgage if you are unemployed in the UK, but you must first meet the eligibility criteria that all lenders require. To begin with, you must be over 18 and...
Important This site makes use of cookies which may contain tracking information about visitors. By continuing to browse this site you agree to our use of cookies.