Debt Consolidation for Military Personnel: How a Credit Union Can Simplify Your Finances If you’re serving in the UK Armed Forces and find yourself juggling multiple debts, you’re not alone. Military life comes with unique financial challenges, including frequent relocations, deployments, and periods of uncertainty—all of which can sometimes make debt management particularly stressful. Thankfully, […]
March is a key moment for anyone looking to take full advantage of their tax-free savings allowances before the new tax year begins in April. For UK military personnel, who often face unique financial demands due to deployments and relocations, making smart savings decisions now can lead to greater long-term financial security. With personal savings […]
Managing Your Debt with Zero Percent Balance Transfers: A Quick Guide for UK Military Personnel Debt management can sometimes feel like a daunting task, especially if you’re balancing military service with personal financial responsibilities. One effective tool available in the UK to help manage credit card debt is a zero percent balance transfer. What is […]
Understanding the impact of Christmas on your credit rating to ensure you can achieve your financial goals in 2021
Lenders will usually advertise an annual interest rate, but not all charge their interest annually. Some will calculate the interest monthly and others will calculate it daily.
We are used to lenders charging interest, but some lenders also charge an arrangement fee. In this blog we will explain why lenders use arrangement fees, how they work, and how to compare loans with and without them.
Secured, lines of credit, unsecured, guaranteed… there are a whole host of words that are used to describe loans. In this blog we will explain the most common types of loans.
Your credit score is a prediction of your ability to repay future loans and credit. It is based on your history of borrowing and bill payments. If you have a good credit score, your past is informing the lender that you are probably able to make repayments on the loan.
Why is it that the rate can vary so greatly? In this blog we will see all the things that can affect a loans’ APR.
Collateral is the term used to describe an item that you are using for security on a secured loan. With a mortgage, the house you are buying is the collateral.
