Tag Archives: bills

The #debthour debt clinic – Monday 5th August

posted by in #Debt Hour, Debt 9 Comments

who's your favourite tasty tweeter?

Got a burning debt question? Ask away!

Every day we deal with a range of debt problems and money worries.

As we’re committed to helping you as soon as possible, we thought we’d try to answer those questions as soon as they come in.

To help, we’ll be live on here between 12 midday and 1pm on Monday, to answer your debt questions.

And every Monday during August* our friendly debt geeks will be on hand to answer your debt questions. We will aim to reply to every question straightaway. No debt question is too outlandish for us, so this is the perfect opportunity to clear up any worries you may have.

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Payday loans: 7 key concerns we think need to be addressed

posted by in Debt Law, Payday Loans 1 Comment

UPDATE: 1 July 2014 – new rules from the Financial Conduct Authority (FCA) means that payday loan companies:

  • cannot rollover an outstanding payday loan balance more than twice
  • must send the debtor an information sheet with contact details for various debt advice organisations. A copy of this information sheet can be seen here
  • cannot make more than two attempts to deduct money from a debtor’s bank account by means of Continuous Payment Authority (CPA) unless a rollover has been agreed.
  • Must now include a prominent risk warning on all financial promotions.
Payday loans neon sign

We can help you deal with payday loans

We say that payday loans should never be used to pay debt, but the payday loan sector also needs to take their customers’ financial situations into account.

Below we’ve outlined seven key concerns relating payday loans that we’ve highlighted this week, ones that are causing harm to consumers.

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Money, your relationship and Christmas

posted by in Debt, Wellbeing Leave a comment

Don’t let debt ruin Christmas for you and your partner

Far from being the most wonderful time of the year, for some people Christmas can be the most harrowing, especially if you’re worrying about debt. Everyone seems to have their hand out, no one seems to want to help with Christmas dinner, and every little annoyance seems a hundred times bigger.

All that stress has many couples bickering over the most trivial things. Little spats are normal, but everyday rows can indicate trouble. If this sounds familiar then you may need advice from Relate, the UK’s leading relationship counselling service.

You might ask, what do relationships have to do with your finances? Relate have found that 80% of their clients are dealing with money worries. They then take their worries out on their partner, which just makes things worse.

We’ve put together a list of Relate’s best relationship remedies to help you stick together this Christmas and beyond…

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A friend in need…what to do if someone you know is in debt

posted by in Budgeting, Debt, Income shocks, Wellbeing 3 Comments

Don't let your friend suffer in silence any longer.

Don’t let your friend suffer in silence any longer.

You’ve known for a while now that someone you care about is going through a rough patch with money.  Their face is constantly tight with worry and there’s a stack of bills on their side table. You can’t have a five-minute conversation without their phone ringing, and every time it does they let out a world-weary sigh.

There could be a whole host of reasons why they’re struggling, some you may not even be aware of. Maybe they recently had their hours cut at work, or their partner walked out. It may even be a case of too much retail therapy. You want to help but don’t know how.

That’s where we come in.

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HP or a credit agreement – that is the question!

posted by in Debt Leave a comment

Check your credit agreement

Check your credit agreement

Have you brought a sofa from DFS, a TV from Curry’s, maybe a bed from Bright House or a car from your local dealers?

Are you worried that you can’t make payments and they are going to take your goods away? Or do you think that you don’t have to make payments and that your goods are safe?

So what’s the difference between hire purchase and a credit agreement? Continue reading »


If you’re on benefits, changes are coming in 2013

posted by in Debt, Welfare Benefits 104 Comments

The changes could leave you with less cash

The changes could leave you with less cash

There are some big changes to housing and other benefits that will come into effect in April 2013.

If you receive housing benefit to help you pay your rent it’s important that you understand these changes to see if you’ll be affected and what you should do.

Let us take you through the changes so you can start to plan now. Continue reading »


Having a baby? Don’t let money worries get in the way

posted by in Debt, Money saving, Welfare Benefits 3 Comments

Don’t be a cry baby - get on top of your finances!

Don’t be a cry baby – get on top of your finances!

Having a child is supposed to be one of the biggest life-changing events that can happen to you.  Ask me in two months as I am seven months pregnant with my first baby!

Hormonal ups and downs are to blame for feelings of excitement, anxiety, nervousness, elation and being just plain scared, to name a few! Add to that any money worries and it’s no wonder that mums-to-be can often break down for no reason whatsoever (I tell my husband time and time again that crying in pregnancy is normal!). Continue reading »