Credit brokers and payday loans
If you are looking for a payday loan, using a credit broker to find one could cost you money in unnecessary fees. This page tells you more about what you should think about before you use a credit bro...
If you are looking for a payday loan, using a credit broker to find one could cost you money in unnecessary fees. This page tells you more about what you should think about before you use a credit bro...
Second charge mortgages are a secured loan, which means they use the borrower’s home as security. Many people use them to raise money instead of remortgaging, but there are some things you need to b...
If you’ve been turned down for a credit card or loan there are steps you can take to understand why. There are also things you should avoid doing which could make it even harder ...
If you want to borrow money and pay back a fixed amount every month, a personal loan is one option. Here’s what you need to think about before you borrow and how to make sure you get the best deal f...
Loan sharks are illegal lenders who often target low income and desperate families. They might seem friendly at first but borrowing from them is never a good idea – even if you feel you have no othe...
Over the last few years a new area of lending has been increasing in popularity – peer to peer, or social lending. The idea is that people who want to borrow money are matched up with those who will...
Logbook loans are loans secured on your vehicle, so the lender owns your vehicle until you pay the loan back. You can keep on using your vehicle as long as you repay the loan. However, logbook loans a...
When you approach a pawnbroker you have two choices – either to leave something valuable as security for a loan, for example an asset such as jewellery or an antique, or sell the item to the pawnbro...
Credit unions are community savings and loan cooperatives, where members pool their savings to lend to one another and help to run the credit union. A cooperative is an organisation which is owned by ...
If you need to borrow money and are thinking of getting a payday loan, stop to consider your options. Although easy to set up, a payday loan can quickly turn into a problem debt for many people. It ca...
Payday loans are an expensive way to borrow. Never take out a payday loan unless you’re certain you can repay it on time and in full – otherwise the costs can soon spiral out of control. If you’...
Home credit is a type of doorstep lending. It can be expensive compared to other types of borrowing , so is best avoided if you have access to other forms of credit. Find out why and what the alternat...
This is a placeholder page for the Payday Loans intervention tool. Please do not delete it. This article is provided by the Money Advice Service...
If you’re struggling to pay back a payday loan or think that the lender has treated you unfairly, here’s how to tackle the problem. ...
Consolidating all your debts into one loan might appear to make life easier but there might be much better ways of dealing with debts. Find out more about how debt consolidation loans work, then get f...
If you’re already getting certain benefits and need a loan, see if you can apply for an interest-free Budgeting Loan from the Social Fund. This can be much cheaper...
Buying household items, like cookers, televisions and freezers, can be very expensive, particularly if you have to buy an emergency replacement. This is why it’s tempting to buy through companies al...
Payday lender Wonga has gone into administration. But what does this mean for you if you are an existing customer, claiming compensation, or were thinking about taking out a payday loan?...