Overdrafts are commonplace in the UK - around 26 million of us Brits use one each year. They are a useful source of emergency cash that you can use to see you through until you next get paid. Dipping into an overdraft is going into a form of debt.…
This guide will cover everything you need to know about low balances. The guide will explain what a low balance alert is, and why they may be useful for you. It will explain why your balance may be lower than you think it is - and the difference between…
Flexible finance means that you can choose a repayment schedule that works for you. A Flex Finance loan means you can change how much you want to pay back and when. Flexible finance can mean flexible loans, or consumer financing. What are flexible loans? Flexible loans in the UK…
According to Finder, as of 2020, 26 million Brits use an overdraft every year. The same report showed nearly 9 million Brits are potentially being charged fees for their overdraft that they don't understand or know about. Here is a guide answering all your questions on how overdrafts work. Overdrafts…
As a new graduate, you are looking to plan the next steps in your life, find a career and start your life after university. To make this planning phase easier we have created a guide with personal finance tips for new graduates. 1. Make a Budget Getting started on…
Buying a home for the first time is a daunting task. To make it easier this post will explain everything you need to know. From understanding a mortgage, to what lease to get to how much you should budget for and common mistakes first time buyers make. A first-time…
Many people can fall into a debt trap when they take out multiple credit cards or borrow substantial amounts to make large purchases. People also often fall into debt when their income has decreased but their expenditures remain the same. The Money Charity reported that the average debt per…
Reflecting on the last three years, what I’m most proud of is the team we’ve built, and the social impact we make together each day. Not long ago we were two founders working in an abandoned school building scheduled for demolition. As we grew, I learnt that one of…
A good credit score is of the utmost importance if you ever plan on making a major purchase in life—buying a house, renting a flat, getting a car loan, or even buying a smartphone. There's no two ways about it: you need to have a good credit score; and…
Gig economy workers are likely to be the economically most impacted by the COVID-19 outbreak. To understand the impact of coronavirus on the gig economy we analysed the anonymised transaction data from ca.5,500 gig economy workers. To read or download the full report click here. Why is this important? …