How To Pay Off Credit Card Debt
The past couple of years has seen a sharp divide across UK society. Some people have found themselves with disposable income to pay off debt. Others have found themselves racking up debt. With an interest-rate rise looking increasingly likely, people with debt, especially credit card debt, should be looking at their options carefully. Can you […]
How Can The UK Manage The Buy Now Pay Later Sector?
The concept of buy-now-pay-later (BNPL) is probably as old as humanity. Businesses of all descriptions have long been happy to provide goods and services upfront to reliable customers. Now, however, BNPL is being fuelled by technology, particularly open banking and the internet. This is raising all sorts of concerns and questions about its future and […]
All Change For Universal Credit
The £20-a-week Universal Credit uplift is no more. Instead, there is an increase to the work allowance and a reduction in the taper rate. This helps those in work but not by as much as the original uplift. Here is a quick guide to what you need to know. What exactly has changed? Despite protests, […]
Money, mental health and COVID19
The link between money and mental health is long-established. For many people, the impact of COVID19 has exacerbated both. Money and Mental Health, a charity set up by “Moneysaving Expert” Martin Lewis is advocating for greater support to be offered to people experiencing mental health issues in the wake of COVID19. What the charity wants […]
Why are so many struggling financially?
It’s highly unlikely that many people mourned the departure of 2020. Sadly, 2021 has not seen life return to what it was before the pandemic (or Brexit). It has instead been a slow and sometimes painful march towards a new normal. What’s more, this march has been at a very uneven pace with some people […]
Dealing With Debt On A Low Income
Unsurprisingly, the impact of the pandemic has been felt most by those who had the least. It has left many people on low incomes struggling to cope. Sometimes this has resulted in them building up arrears on essential bills and debts. Now, the COVID19-specific relief measures have been withdrawn and people on low incomes need […]
Dealing With Debt After Death
The only way someone else can be made responsible for your debts after your death is if they have actively agreed to do so. For example, if the debt was held jointly and severally, then the other party would become liable for it in the event of your death. Otherwise, your debt becomes the responsibility […]
Are You Ready For The Cost Of Living Changes?
Currently, interest rates are low but inflation is high. As of next year, a lot of people are going to find themselves paying more money to the government if only in additional National Insurance contributions. This means that everybody should be thinking seriously about increases to the cost of living and preparing accordingly. Can you […]
Autumn Budget 2021
Budgets might not be the most thrilling visual spectacle on TV but they generally have a significant impact on people’s lives. The October 2021 budget is no exception. Here’s a quick guide to what you need to know about it. Inflation is forecast to average 4% The official inflation target is 2%. There is a […]
We\’re Hiring
Trainee Insolvency Case Administrator Blackpool, Lancashire £18,000 – £20,000 per annum (pro-rata) Permanent. Minimum 30 hours. Hours to be agreed, depending on the candidate. Opportunity to join our friendly small team who pride ourselves on working together to assist people and businesses struggling with financial difficulties. The interesting and rewarding work involves building […]