If you’re looking to apply for a personal loan, you may have come across a variety of different phrases commonly used by lenders. One of those phrases is APR. What is APR? Your loan repayments will be made up of two main components, the funds you have borrowed known as ‘the principal’ plus interest on those […]
Credit cards can be convenient and often offer perks and discounts that aren’t available when paying by cash. But there can also be pitfalls, a prime example being maxing out the card to its spending limit. Here are seven reasons why this should be avoided if at all possible. 1) Your credit score can drop […]
The cost of living crisis is growing rapidly and there’s not much any of us can do to beat the squeeze completely. However, keeping on top of household spending is vital if you’re going to try and survive price hikes. Here are five tips to help you do just that. Tip one: Check your contracts […]
If you’ve been browsing online recently you may have noticed the option to ‘Buy now pay later’ (BNPL) through companies such as Klarna and Clearpay. Buy now pay later gives you the opportunity to purchase an item straight away but spread the payment over several months. And it’s growing in popularity with 15 million people, […]
Moving to a different country can be an expensive process, because finding a new home and transportation for yourself and your belongings, amongst many other things, can all add up. If you’ve just moved to the UK and need financial support, you might therefore be considering taking out a loan. And the good news is […]
Saving money may not feel like your strong suit and it’s certainly easy to get off track and save less than you intended when you’re not consistently saving a portion of every paycheck. Automating your savings via a deduction straight from your pay could be just what you need to get your finances in shape […]
