News and tips on tackling debt, living on a debt plan and other debt matters
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.
Could you still afford your mortgage if interest rates rose?
Posted 19 December 2014 by Emily Bancroft
The Bank of England reports that most households wouldn’t struggle with an increase in interest rates, but almost 500,000 households may find it hard to meet their mortgage payments if rates do go up.
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.