Established in 2010

Rep APR 230.70%
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Adjust Your Priorities To Avoid Debt

Staying debt-free may call for a slight adjustment of priorities and a bit of an attitude change.

For example, shopping for the latest fashions in clothes might not be the most reasonable approach in a financially tight situation; are there really so many people who would pay attention to whether your outfit is from this or last year's summer collection? Shopping out of season and looking for bargains is a good way to stay debt-free at no real cost.

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Inflation And Austerity Measures Hit Poorer Britons Hardest

Government austerity measures and inflation are pressing down hard on the living standards of poorer people in the UK, a survey by the Child Poverty Action Group has shown.

The stagnation in wages and the cuts in benefit increases have saddled low-income Britons with additional expenses, such as council tax. The increase in government benefits has been limited to no more than 1% per year, and in real terms actually dropped in 2012, for the first time since the 1930's, according to the report. Coupled with the rising prices of fundamentals such as food, utilities and public transport rates, the fight with deficit is squeezing the lower-income portion of the population disproportionately, especially in view of raising a child.

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Fuel Prices Push Up Cost of Living

2.9% annual rise in consumer prices

Rising petrol and diesel prices in June were the main factors responsible for a 2.9% annual rise in consumer prices, along with fewer discounts on clothing, The Guardian reports.

This was the highest year-on-year inflation increase since April last year and the June retail price index measure of inflation, which is used as the benchmark for many pay deals, also increased to 3.3% from 3.1% in May. However, wages, excluding bonuses, rose by only 0.9%, a rate that could not compensate for the fast increase in consumer prices and in real terms means that wages are falling. With bonuses included, wages rose by just 1.3% during the year. Continue reading "Fuel Prices Push Up Cost of Living"

Cut Everyday Costs, Stay Out Of Debt

The starting point for a debt-free strategy is to devise a monthly budget that reflects reality and make sure you stick to it. This should include all regular income and expenditure as well as any bigger buys that you know in advance you need to make over a larger period, say a year, for items such as home repairs, a car or an appliance. Once your budget is ready, you can start curbing your expenses with the following tips and tricks. Continue reading "Cut Everyday Costs, Stay Out Of Debt"

Read our exclusive guide to Logbook Loans vs. Motor Buy Back Schemes vs. Payday Loans

How much can I borrow?

Logbook Loans: Car Cash Point Logbook Loans range from £500 - £50,000.

Motor buy back schemes:
Motor buy back schemes offer customers loans from £500 - £10,000, however, if you only require a £500 loan and your car is worth £5000, you will need to sell the car in full in order to get the loan.

Pay day loans:
Typical loans are from £500 - £1,200 maximum.

How much does it cost?

Continue reading "Read our exclusive guide to Logbook Loans vs. Motor Buy Back Schemes vs. Payday Loans"