Each year, hundreds of thousands of people use informal debt management plans to try and resolve their debt problems. However, with these plans often lasting for many years, would debtors be better off considering an IVA or even bankruptcy? Unofficial estimates have suggested 100,000 people every year carry out DMP’s. I think the real number … Read more
There are many reasons someone would decide to consolidate debts they have run up. The most obvious reason is someone living above their means. But there are other less glorious reasons that have sparked lenders to display advertisements on radio, television, and billboards. As the country goes more and more into debt, lenders now offer … Read more
Now-a-days, it is not uncommon that people are getting money-minded and are looking for the best way to save money. It is a general tendency that people frequently find for a number of useful methods to save their hard-earned money. It is quite appreciable to save money as you never know when you might need … Read more
Buying a new car is a luxury for some people but a necessity for others. Many of us know how difficult life can become with an unreliable old banger that’s on its way out, but most of us donât have thousands of pounds lying around that we can use to purchase a new car. This … Read more
One thing that many high schools today fail to teach students is finance management. Studies have shown that many students graduate from high school without knowing the basics of personal finance. Many of these same students will shortly be sent a credit card after their graduation and because of this it is easy to see … Read more