People
Credit repair services: are they worth it?
Having a good credit score is important for your financial wellbeing. A good credit score can help you get loans, favourable interest rates, and mortgage approval. For these reasons, it is understandable why people with ‘poor’ credit scores want to improve it as much and as quickly as possible. This has led to the rise of…
Read MoreDebt Ratios: what you need to know
When applying for a loan, lenders need to consider how much of a risk it is to lend money. Because of this, lenders care about how much you have already borrowed compared to how much income you have. This is what they call a ‘debt ratio’. Lenders calculate these by dividing the amount you’ve already…
Read MoreGetting a mortgage with a poorer credit history
We’ve been locked away in our homes for more than a year. No wonder many of us are thinking that it would be much more comfortable in our own place. And it is a feeling shared by many. According to the British Social Attitudes survey 86% of people want to own their own home. Last…
Read MoreSave money by using cash instead of a card
Save money by using cash instead of a card. If you walk into a supermarket with only a £10 note, you’ve limited your spending to a tenner. Sounds obvious, but it’s an effective way to control your spending. Furthermore, it’s really hard to stick to a maximum spend if you’re using a debit card. And…
Read MoreAre You In Control Of Your Credit?
Are you are getting turned down for loans? Getting charged too much for borrowing? Your credit score might be too low. However, the full picture is more complicated. You’re not in control of your financial identity Your financial identity (also known as your credit profile) determines whether you get a loan. It sets the interest…
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