Many of our readers will, like us, have accumulated a large sum of debt in the form of student loans. If you enter higher education and you are not lucky enough to be able to pay your fees straight up, taking out a loan is usually the only option.
Many feel that we are living in shaky times when analyzing the economy these days. High living costs are forcing many households to be cautious in spending money in an effort to keep within their monthly budgets. Here are a few top tips on how to be wise in
It’s been huge in the news and the papers: the economy is set for yet, another, credit crunch. It seems that almost no-one will escape completely unaffected in terms of their finances, but for those with outstanding debt (be it a mortgage or unpaid credit cards) the damage could
A change in rate could be a very large challenge for many people. These would include those with an unsecured mortgage debt or those with large, private tuition feeds. However, a change in rate could also be beneficial to those who hold workplace pensions. Here is a handy breakdown
There are two main ways in which people fall into debt in which they struggle to pay off. The most obvious way is by taking out large loans, perhaps for tuition fees or for a mortgage. However, many people often overlook the smaller, more frequent ways in which they
Over 5,000,000 UK residents are currently said to be struggling with debt issues. Being in debt can lead to all sorts of issues that are not necessarily obviously related to personal finances. It can lead to extreme stress and anxiety, a person may withdraw from society completely. In some
If you are one of the many millions of people that have accumulated debt over the course of your life, then paying it off is unfortunately unavoidable. You will not only be covering the initial amount borrowed – but also the interest that builds up on the amount from
The UK is in debt – there is no way of avoiding it. Not only is the country itself in the red but more and more citizens are finding themselves in debt they are unable to clear. It was recently reported that the population of the UK is in