Author Archives: Jon Stones

A Guide to Car Finance and Where to Find Great Deals

Don’t put off buying a car because you’re afraid of the car finance maze. Instead, get in the driving seat and secure the best possible deal. Don’t panic if you don’t understand the difference between a personal contract plan (PCP) and a hire purchase agreement, or don’t know the pros and cons of taking out

Your credit rating’s incredibly important. Basically, it determines how likely you are to be given credit when you apply for it – which covers everything from an extension to your overdraft, to applying for a credit card, to getting a mortgage. Your credit rating is supposed to show how risky a prospect you are when it comes to granting you credit. It’s determined by you past history of repaying debts properly on time, whether you have any County Court Judgements against your name and a variety of other things. Improving your credit score is essential for your long term financial stability, which is why we’ve compiled a handy list of tips below to help you do just that. 1. Pay debts on time Any time you miss a payment on a debt you owe, it’s recorded on your credit file and negatively impacts your credit rating. The single best thing you can do to build and maintain a good credit rating is make sure you pay your debts in full and on time. 2. Stop applying for credit Applying for a lot of credit at once makes it look as though you’re desperate for credit, which automatically rings alarm bells for lenders. If you’ve made a string of applications recently, try to give it some time before you make any more, to make sure your credit rating doesn’t suffer. 3. Get on the electoral register If you’re on the electoral register it means that lenders can verify that you live where you say you do, which gives them peace of mind and ultimately improves your credit rating. Getting on the electoral register is incredibly simple and can be done online in a matter of minutes. 4. Cancel unused credit cards When establishing whether you should be given credit, lenders will look at the amount of credit you have available to you and use that in their decision. If you’re not using your credit facilities on a regular basis, they’re less likely to approve your application. Cancel unused credit cards to give your credit rating a boost. 5. Use a prepaid credit card Some prepaid credit cards have a credit builder option. This usually means that the credit company will lend you £60 for you to pay off in twelve monthly instalments of £5 each (excluding fees). If you make all your repayments on time, this will show up on your credit report as twelve successful monthly repayments. This can be a great option if you’ve struggled with a poor credit rating or bad debts before. 6. Time your credit applications How often you apply for credit makes a real difference to your rating. It’s worth planning your applications in advance – so if you know you’re about to apply for a mortgage, do that before you take out a new phone contract. Prioritising is important to keeping your credit rating healthy. 7. Save save save! If some of your savings are able to cover your debts, that helps show lenders that your debt is at a manageable level and that you’re a less risky option when it comes to granting you further credit – the more savings you have the better!

A Guide to Business Current Accounts

A business current account is an essential part of running a business, so it is important to choose an account that is convenient and affordable. This guide to business current accounts will help you to choose an account that is well suited to you and your business.     Why You Need to Choose Carefully

A Guide To Small Business Loans

Trying to get finance for a small business is much easier if you know the options available – read on to get a run-down on the possible sources for a loan. Stephen Pegge, head of external affairs at Lloyds TSB Commercial, has said that most requests for funding made by small businesses are successful. That

The Best Digital TV Packages

There are loads of different TV packages on the market, but how do you find the one that’s right for you? There’s never been a better time for home entertainment. More channels and more services are available than ever before, with new companies offering services, but the sheer amount of choice can be bewildering. How

A Guide To Distance Learning In The UK

If you are unable to study full-time, or you are unsuited to the discipline of academic life, distance learning offers the perfect solution. Whatever skills you possess or however personable your character may be, unless you can produce the appropriate paperwork detailing your academic qualifications, it is increasingly difficult in a globally competitive labour market

Best Desktop PC’s In The UK In 2017

Only a few years ago, it was supposed to be the end of the traditional desktop computer. The popularity of tablet computers, laptops and new genre’s such as “2-in-1” laptops led to a big drop in sales of desktop PC’s (or home computers as they were once known). The desktop PC has however survived and

The Best Smart Home Devices In 2017

New smart home devices are flooding the market, promising to create more time, better security, lower energy use and more efficiency in the home. This “Internet Of Things” is the latest boom in the tech industry and reports coming out of the Consumer Electronics Show in China this month suggest the market will go from strength

The Benefits Of An OffSet Mortgage – Are You Missing Out?

The Offset Mortgage is growing in popularity as savers continue to struggle to earn a good interest rate on their savings. Interest rates on savings remain at around 1% which means homeowners could benefit by combining their savings and mortgage balances. Offset Mortgages currently only account for 10% of the UK mortgage market. Are borrowers missing out? Offset

Most Popular Star Wars Toys For All Ages

Star Wars toys have been popular since I was a kid in the 80’s but over the past 2 years their popularity has grown to new heights with the success of cartoons like “Rebels” and “The Clone Wars,” the cinema hit “The Force Awakens” and most recently the standalone prequel “Rogue One.” There are literally

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