The Benefits Of Professional Mortgage Advice

Buying a house is probably the single biggest purchase you will ever make so it’s common sense to get professional advice to help you choose the right mortgage product for you. A mortgage is, simply, a loan to enable you to buy land or property. The loan is secured against your property which can be repossessed if you

Annuity v. Income Drawdown: Will Your Pension Last?

  Last year in the UK, substantial changes came into effect with regards to pension payouts. At the age of 55 or over, you can now use your pension pot as you see fit – without the previous limitations based on the amount you have in it. Those who have retired can now choose to withdraw

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

A Guide To Travel insurance for the over 65’s

As you get older and the risk of illness or injury increases, getting travel insurance can become increasingly more difficult and more expensive. Much the same as insurance for younger travellers, over 65 travel insurance protects against unforeseen circumstances, both prior to travelling and while away. What should you consider before you buy over 65

A Guide to Debt Consolidation Loans

If you’re considering a debt consolidation loan, our quick guide will explain all the options to help you make a decision. Debt consolidation loans can be a good way of putting all your debts into one account, to make repayments easier to manage. Before you go ahead with one of these loans, it’s important to

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

Bankruptcy

How To Deal With Debt

  The greater a debt, the greater the stress. While this may be true, any level of debt can be a cause for anxiety, and resolving your financial problems should be a priority. Knowing your options and how to best deal with debt will relieve pressure and give you something to aim towards. By focusing

Tips For Choosing the Right Dental Insurance Deal

You’ll find information here on how to find the best deal in dental insurance, because it’s important that you’re confident and comfortable in your choice. Intro: Let’s look at how to tell whether the dental insurance you’re considering is the right deal for you. Everyone’s teeth and dental health are different, so read on for

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