Category Archives: Personal Finance

PPI Claims Making the Headlines Again

As the banks struggle to deal with the sheer numbers of people who continue to make claims for mis sold payment protection insurance (PPI), so the scandal continues to dominate the consumer finance news. The recent announcement that Lloyds Banking Group would be apologising for the behaviour of staff at one of its call centres… Read More »

Making A Budget

Now that you see exactly what comes in and out of your bank account each month, plus what you owe, you have a better idea of your household budget. Now comes the fun part! Figure out what areas you could be saving in. Figure out how much money you have to allocate towards paying off… Read More »

How long does bankruptcy last?

Bankruptcy is a last resort. There are other options available to you, which are generally less strong such as Administration Orders, formal Debt Management Plans (DMPs) and Individual Voluntary Arrangement – or IVA. Each of these has different pros and cons which you should make sure you understand. You should also be clear about what… Read More »

How being a Green Freelancer Can Save you Money

Companies all over the world are changing their ways and doing their best to go green. If you’re a freelancer you probably think you’re already pretty eco-friendly, as it’s just you working on projects. Becoming a green freelancer can make financial sense though, as there are many savings to be made when investing in eco-friendly… Read More »

Study Shows High Default Rates in Payday Lending

Payday loans are small loans that are often given at a higher than normal interest rate. They are given for very short periods of time, often a few days or a few weeks. Generally, it is only meant to last the consumer until their next paycheck. A study was recently conducted in North Dakota, and… Read More »

What you should know about Bankruptcy

Some people think they know enough about bankruptcy until they are actually facing it then a few other concerns pop up that need to be thought out. Bankruptcy should really be viewed as a last resort. Once you claim bankruptcy you cannot simply just claim it again in a few years if you find yourself… Read More »