A default is a sign that you can’t afford your current payments, it can lead to negative effects on your credit file which could restrict your financial options in future. . This is why it’s important to know what a default is and what to do in the event…
It’s standard practice in the UK for landlords or letting agents to run a credit check on your credit file when seeking to rent property. This creates problems for certain groups of people including: anyone who has recently moved to the UK from foreign workers to international students, people…
Equifax has recently changed its credit score range, so your credit score will most likely have changed too! Instead of being out of 700, your Equifax credit score will now be out of 1000. Equifax still have the same credit score bands, it's just the credit score "number" that's…
Applying for a loan is the only way to ever truly know if you will be accepted or not. The problem with this methodology is that it will leave a mark on your credit file that other lenders can see in the future. This mark can negatively affect your…
Premium credit cards have become more popular in recent years and people sometimes use them as some sort of status symbol. Many premium cards are made of metal and look more expensive these days - but are they worth the money it costs to get one? In this article, we…
Your credit score is one of the most important factors for getting approval for a flat rental, credit card or even a mobile contract. It is a way for lenders to look into whether you can pay your bills on time and be trusted to manage your finances. Mistakes…
Updated: April 2021 It’s hard to imagine that over a year after the pandemic began, many people continue to live without secure income sources or regular employment. For this reason it’s now even more important to know your options with regards to financial flexibility. The modern day overdraft in…
What is a County Court Judgement (CCJ)? How Long Does a CCJ Last? CCJs in the UK What is the Difference Between an IVA & CCJ? Updated: April 2021 CCJs in 2021 have surged with a record quarterly rise of nearly 82,000 judgments in Q1. The financial crisis…
London is hailed as one of the greatest global cities in the world alongside New York City and Paris. As an international hub for business and commerce, London life is never short on things to do. Some of the benefits of living in the city include easy access to…
Did you know that nearly 4.37 million people in the UK were considered self-employed in January of 2021? There is a large spectrum of self-employed jobs ranging from deliveroo drivers to small business owners. Self-employed opportunities span to almost every industry from the building and construction industry to freelance…