Daily Debt and Money Saving Tips

Every day we add a new debt advice, money saving tip or relevent news article.
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600,000 Britons Facing Insolvency

April 24th, 2008

Almost 600,000 people will be unable to refinance their debts this year after their normal lines of credit are being cut off according to a report by TDX Group. Read the rest of this entry »


Posted in credit crunch, Debt in the News, Bankruptcy | No Comments »

The End Of The 100% Mortgage

April 8th, 2008

The Abbey, the only remaining lender to offer a 100% mortgage are to pull this offer on 9th April.

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Posted in Uncategorized | No Comments »

1 in 4 Borrowing To Consolidate Debt Go On To Borrow More.

April 4th, 2008

A quarter of people taking out a loan to consolidate their debts go on to borrow more, according to a survey commissioned by Uswitch. Read the rest of this entry »


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Mortgage Criteria Gets Stricter

March 24th, 2008

Borrowers are finding it tougher to find a mortgage as cautious lenders continue to withdraw and change deals. Read the rest of this entry »


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Comman Misconceptions About Credit Reports

March 20th, 2008

There are many factors creditors consider before offering credit. Here are some common un-truths about the process. Read the rest of this entry »


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Repossession Stopped Within 24 Hours Of Calling Abacus

March 18th, 2008

This demonstrates it’s never too late to seek the proper advice from Abacus to prevent eviction.

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Posted in Repossession | No Comments »

Not Registered to Vote? It Can Harm Your Credit Worthiness.

March 17th, 2008

Make sure your are registered to vote. This a factor used by lenders to determined you suitability for credit.

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Are You Financially Fit, Overweight or Obese ?

March 14th, 2008

A report from Lloyds TSB claims 46% of British adults are ‘financially overweight’, and that 10% are the ‘financially obese’. Lloyds TSB is calling this the Bank Mass Index (BMI) which was developed by Stephen McKay of the Birmingham University.

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Opening a new bank account with bad credit

March 6th, 2008

For many people, the biggest mistake they make financially is having debts with their own bank. Banks have the “right to offset” i.e. they will always take money from a debtor to cover the debts with the bank in preference to any other payments due.

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Posted in Bank Accounts, Debt Management, Credit Records | No Comments »

Citizens’ Advice Calls For Increased Credit Card Awareness

March 6th, 2008

Almost 40% of people contacting the CAB for debt management advice use credit cards as their primary means to withdraw money from cash points. Read the rest of this entry »


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