Tag Archives: debt

Council Tax Support Scheme Likely to Hit Poor Hard

This year doesn’t look good for a number of low income households who are set to lose out on council tax benefits by having to pay either some, or more than they have in the past.

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Can You Really Trust Your Loan Company?

Nowadays, companies that offer personal loans or cash advance loans are everywhere. You see them advertised on TV and the radio and read about a different company on the newspaper every day. But can you really trust these companies? How … Continue reading

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How to Financially Survive January

For many, January will prove to be the toughest month of the year financially. Christmas often means that December’s payday is brought forward a week or so and while this makes funding Christmas slightly easier, it means that January is … Continue reading

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Snapshot of UK Economy Shows the Mess We Are In

Thousands of homes in the UK have been hit by floods. Many millions of pounds, if not billions, will have to be paid out by insurance companies for damage to peoples’ properties.

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How Are Credit Card Finance Charges Computed?

It is vital that you understand how to compute the finance charges which are applied to credit cards, whether you have intentions of getting another credit card or you are just thinking about the one you have now. But first, … Continue reading

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Why You Need to Create a Debt Snowball

Debt snowballing is one of the most effective ways to quickly and effectively eliminate debt. As one card or debt account is paid off, the money is allocated to the next debt account allowing for bigger and bigger payments until … Continue reading

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Bust All Myths About Bankruptcy

The new bankruptcy law has created more storm than expected, because people are coming out with their own interpretations. So, it becomes imperative that these myths should be busted appropriately. Let us look into some of these myths and also … Continue reading

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Prison Sentences for People with Bad Debt? Really?

It sounds crazy, but going to jail for bad debt is something that is very real.  Fair enough, it mainly happens in underdeveloped countries, but it wasn’t too long ago that people in England used to go to jail for … Continue reading

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