News and tips on tackling debt, living on a debt plan and other debt matters
How will starting a debt solution impact your credit score?
Posted 05 March 2018 by Christine Walsh
Starting a debt solution might be the right way for you to take control of your debts, but the knock-on effect could be a badly damaged credit score, right? Come to think of it, if you go on a debt solution, could it stop you from ever borrowing again?
EDF price increase: Make sure you’re not paying more than you need to for energy
Posted 19 April 2017 by Christine Walsh
EDF raises its prices for the second time in a year. Switching tariff can mean you protect yourself from energy price increases.
Can the FCA get the interest and charges on your credit card written off or frozen?
Posted 18 April 2017 by Christine Walsh
The FCA thinks too many people are in persistent credit card debt and they’ve proposed new ways for credit card companies to help their customers.
Lenders contacting you for payment? Here’s what you need to do to make it stop
Posted 17 April 2017 by Christine Walsh
If your lenders are asking you for payments, you need to stay in touch with them and you might need to get debt help to solve the problem.
Make sure you understand the vital difference between arrears and default letters
Posted 13 April 2017 by Christine Walsh
Make sure you know whether you’ve got an arrears letter or a default notice.
To find out more about managing your money and getting free debt advice, visit Money Advice Service, an independent service set up to help people manage their money.