FriendlyScore writes

Welcome to our blog

How to get a mortgage if you’re self-employed

Getting a mortgage if you’re self-employed may be harder but it certainly isn’t impossible. Ultimately, you need to prove that you have a reliable income and there are loads of ways you can do this – you may just need to try a bit harder. We’ve rounded up the best advice on how to secure a mortgage if you’re self-employed.

Too Much Month for Your Money? Three ways to make your money last all month.

We’ve all been there …… looking at an empty bank account, a bare cupboard and a full 10 days until payday. Suddenly, that spending spree at the beginning of the month isn’t looking quite so clever. Another month where good intentions have gone out the window, and you are looking at a very boring, not to mention stressful, time trying to make ends meet. So just how can we make our money last all month, while still having the occasional treat?

Do I Need a Pension?

Pensions are complicated. Sometimes it is hard to plan what is going to happen next week, let alone in twenty or thirty years. The government has been encouraging us to pay into pension schemes and save for our retirement and offered some tax incentives to do so. But what exactly are we paying for and what do we hope to receive at retirement age?

How to budget

Budgets are super useful tools for helping you to feel more on top of your finances. Using a budget, you can work out whether you spend more than you earn, where you spend most of your money, and how much you can actually afford to pay out on a monthly basis.

Saving: The Basics

Everyone can benefit from having some spare cash stored away for an emergency. Putting a little bit of money into a seperate account whenever you can is the simplest form of savings.

Your questions about FriendlyScore answered

FriendlyScore is revolutionising the way credit scoring is carried out, and while we’re not going to reveal all the secrets of our clever algorithm, we want to explain a little bit about how and why we calculate your score using your data.

What is the loan-to-value on your mortgage and why does it matter?

If you’re looking to purchase a property in the UK, then chances are the first thing you’ve thought about is getting a deposit together. The days of being able to purchase a home without having to put down a deposit are long gone, with typical deposits now coming to tens of thousands of pounds.

Peer-to-peer loans vs borrowing from a bank

There are plenty of different reasons you might want to take out a personal loan. Perhaps you have some home improvements in mind, or you’re looking to purchase a new kitchen or car.

Cashback and reward cards: how to get something back when you spend

There are many different types of credit cards, and they all serve slightly different purposes. A card that offers 0% interest on purchases is useful if you have a lot of big spending on the horizon, as you can pay the balance off in stages without being charged any interest. Similarly, a 0% balance transfer credit card is worth a look if you have already built up a large outstanding balance on a card and want to cut the cost of paying it off gradually.

Which ISA is right for you?

The ISA - or Individual Savings Account - is perhaps the UK’s favourite form of savings deal. In the 2017-18 tax year, savers subscribed to around 10.8m ISA accounts according to figures from HM Revenue & Customs (HMRC).

Is It Possible To Live Without Credit?

The idea of living without credit (or no debt), is very appealing. Imagine having no monthly repayments and only spending what you earn? But how realistic is it really to live in the 21st century without any credit?

How does health insurance work?

Private health insurance is designed to offer medical treatment, surgery and tests alongside the services that the NHS offers.