Money and borrowing help

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Money and borrowing help

What you need to know about individual voluntary arrangements (IVAs)

When a consumer gets into debt they can't afford to repay under the terms of their loans, they have a few options to consider. Most of us are aware of bankruptcy as a last-ditch solution to debt problems, but fewer of us are familiar with individual voluntary arrangements, or ‘IVAs’.

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Money and borrowing help

What is an overdraft?

If you’ve never had an overdraft, you may be wondering what they are and how they are used. Overdrafts are a common form of credit in the UK, with around 19 million British people using an arranged overdraft each year. However, there are also unarranged overdrafts, which 14 million people use. So what’s the difference between an arranged and unarranged overdraft and is it bad to borrow through an overdraft?

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Money and borrowing help

A guide to payday loans for self-employed people

More and more people in the UK are becoming self-employed. A combination of factors has led to this rise in the entrepreneurial spirit in the UK. Being self-employed comes with some major benefits but it also comes with a few setbacks. Not least increased difficulties in accessing some financial products, ranging all the way from mortgages to 24-hour loans.

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Money and borrowing help

Short-term loans and their advantages

Have you ever found yourself in a situation where you need access to cash right away? You may have an unexpected expense to meet and no savings put aside. Perhaps your car has broken down or your boiler might have packed in, weeks before you are due to get paid. There are a few solutions to this problem and taking out short-term loans online can help.

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Money and borrowing help

Explaining Payday Loan Eligibility Criteria

If you’d like to know more about eligibility criteria for payday loans, but don’t know where to start, you’ve come to the right place. We’ve put together a guide to help consumers navigate the choppy waters of the payday loans market.

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Money and borrowing help

8 Ways to Earn Cash Fast

When you’re short of cash in an emergency situation, speed is everything. We’ve all been in situations that require fast cash and when your current account is empty, panic can set in.