Money

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Can I apply for credit if there's a default notice on my credit history?

If you’re struggling to pay off debt, you may have been issued a default notice by a lender. These appear on your credit file and usually happen if you’ve been unable to make your repayments or you’re making them late on a regular basis. Here we look at what you can do if you have a default and what kind of credit you might be able to apply for with one.

How to find the best personal loan for you

Personal loans can be taken out for any number of things, be it a wedding, new car or home improvements. There are lots of different rates on offer, and before you apply it’s worth taking a look at your finances to see how much taking a loan out will cost you, and how long it’ll take before you can pay it back. Here are five steps to finding the best personal loan for you.

How to save money on car maintenance

If you’ve got a car and it needs a repair, it can be extremely frustrating to be told that the cost of fixing it could amount to hundreds of pounds. But there are loads of things you can do to prevent problems arising in the first place, as well as others which can stop costly car maintenance fees from spiralling. Here are five…

How to make money working from home

If you’re one of the growing number of people who want to ditch the 9-5 and start working from home, it’s likely you’ll want to know how to earn money and support yourself without getting out of your pyjamas.

What Does The New National Living Wage Mean For You

What is the difference between the National Minimum Wage (NMW) and the National Living Wage (NLW)? The main difference is that the NMW is paid to under 25’s, whereas the National Living Wage is the agreed minimum rate paid for over 25’s.

How to find 'cash in hand' jobs

If you’re looking for a way to earn money quickly, finding a ‘cash in hand’ job might be the best way of raising funds. But knowing where to find these jobs can be hard if you don’t know where to look. Here’s where to start…

Easy ways to study and make money

If you’re a student and struggling to support yourself with nothing but your maintenance loan, don’t worry - there are ways to generate extra money without sacrificing your study time or social life.

Is Your Overdraft Working for You?

Staying in control of your overdraft can be difficult, especially if you aren’t sure exactly what you are being charged and why. We are here to answer some of your questions about overdrafts. Is it bad to use your overdraft every month? What are overdrafts for? And do overdrafts affect your credit score?

The best freebies around today

There aren’t many better things in life than getting something you want for free. And with the cost of living rising faster than most people’s wages, getting your hands on free goods and services could make a big difference. But knowing where to find the best freebies can be hard.

How Much Do Kids Really Cost? Financial Planning For A Family

So, are you thinking about starting a family?  Taking the leap from being childfree to being a parent is a huge decision and finances can play an important part in helping you decide when the time is right for you to start a family.

Car mechanic tricks and how to avoid them

If you need a repair or service carried out on your car, it’s important that you understand that there are a few operators out there who don’t exactly play by the rules. It’s unfortunate, but it does happen, which is why we want to help you avoid the small tricks that some car mechanics use when repairing and servicing cars.

The bank accounts people are switching to - and why

Bank accounts can be useful in all sorts of ways, besides simply being a place for your employer to pay your wages or for your bills to come out of. There are loads of different bank accounts in the UK, and while plenty are pretty mediocre, there are some that stand out by offering something a little different.

How to get a better deal on a new car

Driving is a necessity for millions of us, but it’s not exactly cheap. There are so many ongoing charges that come with getting behind the wheel, from car insurance to vehicle excise duty, let alone the actual cost of filling up at the pump.

The No Spend Challenge. How Long Can You Go?

You may have heard of the No Spend Challenge. It received a lot of publicity when personal finance journalist, Michelle McGagh published her book The No Spend Year: How to Spend Less and Live More. Her goal was to pay off a chunk of her large London mortgage and her experiment meant she was able to pay down £22,000

How to spot an HMRC scam

The start of April marks the beginning of a new tax year. And while this brings with it a host of unwelcome price and tax increases, it’s also a prime time of year for scammers posing as HM Revenue & Customs (HMRC).

How to Set Long-Term Financial Goals

Long-term financial goals can feel daunting, and it is easy to get distracted by day to day living. Saving for large purchases, such as education, a car or even a house, can feel like an impossible mountain to climb, but we have put together some useful tips and ideas to help you set long-term financial goals and stick to them.

What can companies do with your data?

It’s been said that data is the new oil. Not everyone agrees but it’s certainly true that data is a powerful commodity that businesses are willing to pay a lot of money to get hold of. So what is your data? It’s everything from your name, location and spending power, to the number of children you have, what kind of holidays you take and whether you use credit cards.

The One Thing You Should Do To Improve Your Finances.

Pete is never sure why his personal finances are in such a muddle. He tries hard to keep his spending under control and pays the minimum amount on his credit card each month without fail. However, his debts seem to be rising, and he feels as though he is running fast and not getting anywhere.

How to apply for credit for the first time

If you are applying for credit, be it a credit card, mortgage, overdraft or even insurance policy, the lender will check your credit history before making a decision on whether to approve the money or not. You will usually need to have a good credit history, and score, in order to be approved but if you’ve never had credit before, how do you go about applying?

How to haggle a cheaper price on your broadband bill

Loyalty doesn’t pay when it comes to broadband and if you’ve been with the same provider for a while you’re probably overpaying. In fact, you could be paying £220 too much every year, according to consumer group Which? but you don’t have to pay over the odds for your broadband package and haggling is a really easy way to cut your monthly costs.

Where can I find a free help to get out of debt?

If you’re struggling to pay off your debts and having problem meeting your monthly bills there is free, independent help available. The first step to getting out of debt and back on track to being in the black is looking at your finances to find out where you stand. Here we’ve listed the steps to follow to get out of debt.

The bank accounts that pay the highest rates of interest

Bank accounts come in all sorts of different forms. There are some that are particularly good for people that are at risk of overspending, as they have fee-free or interest-free overdrafts, while others reward users with all sorts of additional benefits, like travel insurance, in exchange for a monthly fee.

Contactless payments: how much can you spend and how to avoid fraud

The way that we spend money has changed significantly in recent years, with far more of us now preferring to pay with a debit or credit card rather than cash. In fact, a study by Equifax last year suggested that around 37% of British people reckon the nation will be essentially cashless within a decade.

The price rises and costs that will hit you in April

April marks the start of a new tax year, and with it a host of taxes and monthly bills that we all pay will be going up in price. Here are some of those outgoings and expenses that are about to become more costly.

Why your energy supplier may owe you money - and how to get it back

We are heading into the coldest time of the year, and those freezing temperatures mean that we are all far more likely to have the heating on for extended periods of the day. It’s during these winter months that we tend to use the most energy, and so account for a large chunk of our annual energy spend.

What to Look For When Choosing A Savings Account

Savings accounts can be confusing. There are so many to choose from, and what exactly are the differences between them? To stop you getting a headache comparing all the different accounts out there, we have done the hard work for you.

How to slash the cost of your petrol and diesel

Motorists have plenty of different costs to worry about when it comes to keeping on the road, from the initial outlay to the ever-increasing car insurance and road tax.

The best way to teach your child to save

The tooth fairy, generous grandparents, and a weekly pocket allowance all need to go somewhere, but instead of your child stashing this cash into a piggy box, or splashing it at the toy shop, why not encourage them to put it into a bank account so they can watch it grow.

How to save money on your food bill

For many of us, spending money on food is one of our largest expenses. We’ve compiled some of our favourite tips to help you save money on food; check them out to cut the cash you spend on groceries.

A guide to store cards

A store card is a credit card that only lets you spend money at a certain shop or retail chain. Like with a traditional credit card, store cards can be used to buy things with credit.

Saving vs. Investing

Saving and investing can both be great ways to build up your cash for the future, whether you want to put money towards retirement, buying a house or car, or even a holiday. Saving and investing aren’t the same things though, and people often find their differences confusing to understand. On top of that is the question of which method is the best for your circumstances.