One Advice | Bankruptcy, IVA & Debt News

Payday Loans Targeting Young Debtors

OneAdvice — Mon, 13 Jul 2009 05:02:23 +0000

Young people are turning to payday loans and being hit with high interest levels in a bid to keep their head above the water and to control their debt management problems. The worry is that payday loan providers are advertising on social networking sites, such as Facebook, and are therefore targeting young people with money worries. [...]

Is Your Credit Card Debt a ‘Secret’?

OneAdvice — Fri, 10 Jul 2009 09:00:45 +0000

Do you have secret credit card debt which your partner or spouse is unaware of? According to research by Halifax you are not alone, as Brits are hiding an estimated 217,000 credit cards. The main reason for this credit card debt secret is to purchase an item that you don’t want your other half to know [...]

Planning a Debt-Free Wedding

OneAdvice — Tue, 07 Jul 2009 07:18:30 +0000

So, you’ve decided to get married. Congratulations! But after all the initial excitement has died down, are you beginning to think about the financial strain that could come along with making your Big Day special, especially in the current financial climate? However, who said that just because you want to plan a financially cheaper wedding [...]

How to Stop Repossession

OneAdvice — Mon, 06 Jul 2009 12:25:54 +0000

If you are at risk of repossession, because you have mortgage arrears, you may feel as if there are no alternatives left. But if you know how to stop repossession , you can start to take back control of your financial circumstances. It is important that, if you haven’t done so already, that you get in [...]

Credit Crunch Changes Shopping Culture

OneAdvice — Mon, 06 Jul 2009 12:25:53 +0000

The credit crunch has changed the way that many of us shop. More of us are leaning towards “shabby chic” with 31% of us shopping at car boot sales in order to pick up a bargain. In addition, more than two-fifths of those surveyed claim they now visit charity shops. This thrifty spending is helping the [...]

How to Get Good at Saving

OneAdvice — Fri, 03 Jul 2009 06:28:00 +0000

Saving money can often be hard, especially if you find that you are living paycheck-to-paycheck and have no money left over at the end of the month. But saving is important, especially if you are a first-time buyer looking to get your foot on the property ladder as it is now almost an impossibility to [...]

Reduce Personal Debt

OneAdvice — Tue, 30 Jun 2009 08:38:12 +0000

More and more people are suffering from personal debt worries, as the amount of credit card debt continues to rise across the country. You may be finding it a struggle to pay off, as your payments as dwarfed by the interest and charges which are added. But there are simple tips that you can follow [...]

Mortgage Arrears Advice

OneAdvice — Mon, 29 Jun 2009 11:33:09 +0000

The ongoing credit crunch means that many of us are finding less money in your pockets at the end of the month. But, for some, this drop in disposable income may mean that they can no longer afford their mortgage and will need to seek mortgage arrears advice. According to recent analysis from Standard and Poor, [...]

Third of Tenants in Rent Arrears

OneAdvice — Mon, 29 Jun 2009 11:33:08 +0000

A third of tenants have missed rent payments which could be partly responsible for the rise in repossession cases, according to he National Landlords Association (NLA). Tenants struggling with rent arrears could mean that landlords are forced to miss mortgage payments. Worryingly 44% of landlords have reported cases of missed rental payments from tenants over the [...]

Credit Crunch Allows Appreciation of Money

OneAdvice — Wed, 24 Jun 2009 13:48:04 +0000

The credit crunch has resulted in a greater importance for the value of money, according to research by GfK NOP on the behalf of the Charities Aid Foundation (CAF). 80% of Brits now think more carefully about their spending due to these times. Apparently 39% of us are spending less money when going out and a [...]