Getting Out of Debt

Find your path to financial freedom with strategies for managing debt, negotiating with creditors, consolidation options and rebuilding your credit.

Advice On The Snowball Method For 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...

Advice On Using Debt Consolidation To Get Out Of Debt

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 t...

Bankruptcy and the Alternatives

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' penchan...

Considerations Before Remortgaging To Get Out Of Debt

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...

Five Ways an IVA Can Help You

Individual Voluntary Arrangements (IVAs) are an increasingly popular means by which borrowers can deal with debt that has got out of hand. They are seen as a...

Renegotiating Your Loans

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...

The Causes of a Poor Credit Rating

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 a...

The Credit Card Shuffle

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 orde...

When All Else Fails

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....