How To Protect Yourself Against Predatory Firms
COVID19 brought out both the best and the worst in humanity. On the one hand, there are plenty of tales of true heroism. On the other hand, there were also plenty of tales of exploitative practices. Sadly, at least some of these are still ongoing. With that in mind, here are some tips on how […]
The Spring Statement Reviewed
The spring statement does not make for hugely cheerful reading. On the plus side, however, there are some positive nuggets for people who are struggling financially. Here are the key points. A concession on National Insurance Any hopes of a Philip-Hammond-style, last-minute U-turn on an increase to NI contributions were quickly dashed. Rishi Sunak is […]
Where Now For Penalty Charges?
Penalty charges, by their very nature, are unlikely ever to be popular. They should, however, be transparent and fair. When they are not, regulators and/or the law can step in. It is, however, important to remember that neither regulators nor the law will be in a customer’s favour on every occasion. The basics of penalty […]
Are You Facing Insolvency?
Given everything that’s happened over the last couple of years, it’s hardly a surprise that insolvencies are forecast to rise. If you’re concerned that you’re on the point of insolvency, here’s a quick guide to what you need to know. You can get free debt advice If you’re concerned that you’re insolvent, or close to […]
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 […]
Do Department Stores Have A Future?
In principle, real-world businesses can now open again, possibly with restrictions. In practice, that doesn’t mean that they will. Business owners will need to decide whether their businesses have a viable future at all. If so, does that future lie in their current real-world locations or, indeed, in the real world at all? This question […]
Will The Rise of Fintechs Spark A Debt Crisis?
Any salesperson knows that the easier you make it to buy, the more likely it is that someone will do so. In particular, the easier you can make it for someone to pay, the more likely it is that they will do so. Any debt counsellor knows that you can definitely have too much of […]
Time To Pay Off Credit Card Debt
COVID19 has left a lot of people with a serious financial headache. Hopefully, 2021 will be the year that it is vaccinated out of existence and the world can open up again. While it’s fine to celebrate, it’s also vital to tackle any debts you have. Here are some tips to get you started. Polish […]
The Post-Pandemic Debt Hangover
The pandemic probably wasn’t full of fun for anyone, let alone everyone. For some people, however, it was a chance to save money. For others, by contrast, it was a time when they were forced to run down savings and potentially run up debt. Financial planning in a time of uncertainty Planning is essentially the […]