Getting Out of Debt

Many people would have you believe that there is an easy way to relieve yourself of debt. In fact, there are companies advertising one-stop solutions to all of your debt problems, offering to write ...

In recent times debt consolidation has been marketed as a panacea for any financial problems. It is common to see television adverts for companies offering to write off up to 75% of your debts, with ...

The number of individuals filing for bankruptcy in the UK has sky-rocketed over the last decade. The increasing availability of credit and the banks’ penchant for lending consumers sums which they ...

Remortgaging has become an increasingly popular option in recent years. Adverts for companies offering to carry out the process for you abound, as do stories of friends and family who have ...

When you take out a loan, it is likely that you will be committing to a repayment schedule that spans several years. If it is a mortgage, the time span over which you will be paying off your debt ...

A poor credit rating can have a disastrous effect on your financial life. Those with so-called ‘sub-prime’ ratings frequently find it difficult to gain access to credit or if they are offered it, ...

Many financial websites suggest that the best way of maintaining a low interest rate on your credit cards is by moving your balance every few months, in order to take advantage of introductory ...

There is, of course, nothing wrong with debt per se. Even governments borrow money, so there should be no shame involved for those who need some extra cash. Problems arise, however, as a result of ...