Archive for the 'Money Advice' category

Why is Your Credit Score Important?

June 11, 2021 | Posted under: Money Advice

Reasons why your credit score matters When it comes to the question of whether your credit report matters, it’s safe to say that it does. More people now rely on credit for making purchases and many financial decisions now rely on whether you have a good credit score or not. There are several reasons why your credit score is so important, and it’s not just so that you’re more attractive to mortgage lenders or that you’ll be more eligible to be accepted for car loans; there…

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3 Small & Simple Ways to Take Financial Control

June 3, 2021 | Posted under: Money Advice

3 small & simple ways to take financial control According to a recent study carried out by the Current Account Switch Service (CASS),  4 in 10 people feel that finishing small tasks gives them a sense of control. While the Covid-19 pandemic has undoubtedly caused thousands, if not millions, of people to feel a huge lack of control in their lives, many people who took part in the study said that ticking some of the smaller tasks off their ‘to-do’ lists helped to get rid of this…

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Laybuy Receives Complaints After Misleading Credit Score Claim

May 27, 2021 | Posted under: Money Advice

Laybuy receives complaints after misleading credit score claim Buy Now Pay Later (BNPL) provider, Laybuy, has undergone investigation by the Advertising Standards Authority (ASA), the UK’s advertising regulator, after a complaint was made by a British consumer. Don’t know your score? Get a multi-agency credit score and report with Checkmyfile: Check Your Score Customers given wrong impression about credit check In February this year, the following was stated on Laybuy’s website: “We…

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Almost 50% of people in the UK DO NOT check their credit score

May 11, 2021 | Posted under: Money Advice

Almost 50% of people in the UK DO NOT check their credit score - Find out why A recent survey carried out by Lowell Financial* in March this year indicates that a lot of people in the UK don’t understand the importance of their credit score and, therefore, don’t feel the need to check it or fix it if it is classed as ‘fair’ or ‘poor’. Check Your Score After all, we’re not generally taught about credit scores in school and unless you do some digging into the…

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How to Improve Your Credit Score UK | 12 Hacks

March 31, 2021 | Posted under: Money Advice

How to improve your credit score: 12 easy hacks Your credit score is a valuable asset – if you’ve ever considered getting a loan, credit card, mortgage or anything requiring a credit contract you’ll know how important a factor it is to get the best deals, or even get accepted for credit at all. Check yours here: Check Your Score Lenders use your credit score and report to determine how creditworthy you are and to decide whether or not to lend to you. Simply put, the better…

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Meerkat Movies: How to get 2-for-1 cinema tickets every week for a year for just £1

March 24, 2021 | Posted under: Money Advice

Meerkat Movies: How to Get 2 for 1 Cinema Tickets for One Year for as Little as £1!  Everybody loves a trip to the cinema, but what would you say if we told you that you could get one free ticket every single week for a whole year? Well, it's not entirely free as you have to pay around £1 for the luxury, but it is still a steal by anybody's standards! Compare The Market's* cinema promotion, 'Meerkat Movies', provides their customers with 2-for-1 cinema tickets for 12 months, available…

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10 Tips on How to Protect Your Finances

March 4, 2021 | Posted under: Money Advice

10 essential tips to help you protect your finances The UK continues to follow some level of social distancing restrictions, and after going through three lockdowns as well as experiencing severe financial uncertainty, now is the perfect time to sit down and have an in-depth look at your finances and find ways in which you can protect them. After all, you've worked hard to earn your money! Here are 10 simple tips to help you transform and protect your finances this year. 1. Check your credit score…

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Borrowers Confused about Payment Holidays and Impact on Credit Score

February 15, 2021 | Posted under: Money Advice

Borrowers Confused about Payment Holidays and Impact on Credit Score Consumer complaints service, Resolver, has reported that many borrowers have been left baffled about the terms of covid-19 payment holidays and the impact that payment deferrals could have on their finances and credit score. Check your credit score now: Check Your Score Covid payment holiday confusion - Lenders charge interest Over one-third of struggling consumers who took a payment holiday on their mortgage, personal loan, credit…

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How to Live on a Budget and Save Money

February 12, 2021 | Posted under: Money Advice

How to Live on a Budget and Save Money For people on a low income or anyone looking to manage their finances better. Living paycheck to paycheck is never a nice reality to face, but if you’re struggling to make ends meet and you’re living on a low income, there are a few things you can do to live well on a small salary. Living on a budget can be done providing that you take the necessary steps to ensure that all your bills are paid and that you can afford the things you really need to…

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What to Buy and What Not to Buy With a Credit Card

February 10, 2021 | Posted under: Money Advice

The Best and Worst Things to Buy With a Credit Card When it comes to figuring out the smartest way to use a credit card, there are a few things that you should be aware of in order to help improve your credit rating, while ensuring that you don’t make credit purchases for unnecessary things that could negatively impact your credit score. We’ve put together this helpful guide of the best things to buy with a credit card to build credit, as well as what you shouldn't buy with a credit card. Check…

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