Tuesday 11th of September 2018
A Quick Guide to Reclaiming Mis Sold Payday Loan Charges The recent news about payday lender Wonga going into administration has highlighted quite how significant the problem of mis sold payday loans has really been. Wonga’s financial problems have occurred because of millions of pounds in refunded loan charges and compensation pay-outs to hundreds of thousands of customers.
Read moreTuesday 4th of September 2018
Do I need to pay Wonga? It’s all over the news that payday lender Wonga has closed the doors on its struggling business and has been forced to call in the administrators — it’s not too big a surprise however, as they aren’t the first payday lender to fall into crisis. The reason for this household brand to take the decision to throw in the towel, and for all those others that fell before them, was from falling into a financial mire from soaring costs after rulings in 2014 by the Financial Conduct Authority ordering them to pay compensation to vast numbers of customers after breaking rules laid out by the code of irresponsible lending. Wonga has part-blamed their collapse on the mass of legacy claims made against them.
Read moreWednesday 22nd of August 2018
IVA Friendly Bank Account When you start the process of an IVA, you might need to think about changing your bank account.
Read moreMonday 30th of July 2018
Swift Debt Help Insolvency Practitioners Spiraling debts and being unable to pay for them is becoming more and more common in the UK.
Read moreMonday 30th of July 2018
Aperture IVA Insolvency Practitioner Have you found that your bills are getting on top of you recently? Do your debts outweigh your income? Has the situation led to sleepless nights and you find that you can’t switch off from your money problems no matter what you do? If this sounds all too familiar, it’s because there are more and more people in the same predicament.
Read moreThursday 12th of July 2018
IVA Process Explained Being in debt can be a stressful time and deciding what the best debt solution is for you can be hard to understand.
Read moreWednesday 11th of July 2018
What are Secured Loans? Secured loans are a way of borrowing a lump sum of money against an asset that you own.
Read moreThursday 4th of January 2018
Disposable Income UK Definition With the price of living steadily rising and wages failing to keep up with the trend everyone is needing to tighten their belts a little bit more.
Read moreThursday 28th of December 2017
CreditFix Glasgow Insolvency Practitioner Have you found that things have been getting on top of you recently? Have your bills been mounting up as a consequence? Have your debts got to the point where they have spiraled out of control and you just can’t make the payments no matter what you try? Don’t worry, you’re not alone. There are a variety of reasons for not being able to manage your credit repayments, a lot of which may not be your fault. With the rising cost of goods and services and wages failing to keep up with them, people are finding it harder than ever to just pay for their essential bills.
Read moreSaturday 23rd of December 2017
Glossary of Debt Terms The world of finances can be a minefield when it comes to understanding some of the terminology.
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