The Debt Advisor Blog
CLICK TO APPLY FOR HELPThe Minimum Card Payment Trap
The Minimum Credit Card Payment Trap: How It Works and How to Avoid It. Credit cards can be a convenient…
Trapped: The Vicious Cycle of Credit Card Debt
In 2024, the average credit card debt in the UK was £2,500 per household. The total credit card debt in the…
FCA hits TSB with a £10.9m fine over treatment of customers in financial difficulty
The FCA has fined TSB Bank plc (TSB) £10,.9 million for failing to ensure customers who were in arrears were…
Financial stress leads to a higher chance of illness
Financial stress is more than an emotional burden. It can quietly undermine physical health and significantly increase the risk of…
What are the lifestyle benefits of being debt free? –
Being in debt is really hard and stressful, but finding a good debt solution can help you become debt-free.
Breathing Space debt respite scheme
What is Breathing Space? In 2021 legislation was brought into place to allow approved debt advisers to give clients (who…
How to improve my Credit Score?
Within the UK there are 3 main credit reference agencies, TransUnion, Equifax and Experian. All 3 work with banks, building…
How to work out your monthy budget
To some it may come naturally but for others working out and setting a budget can be overwhelming. So let’s…
Consolidating debts with a Secured Loan
Consolidating your debt refers to paying off multiple debts with one larger loan so that you are just left with…
Default Notices
If you miss payments or are making reduced payments, your creditor may send you a default notice, also known as…
Is getting your finances under control your New Years resolution?
A few tips on how to make this happen… Have a Subscription Clear Out. Netflix, Amazon Prime, Now TV, Disney+,…
Buy now pay later, or stress later?
Recent new figures from debt advice provider, Financial Wellness Group are showing an upward trend when it comes to younger…
Practical Financial Skills to Manage Money
Money worries can affect everyone, it is so important to be able to keep on top of your finances for…
Debt Consolidation Loans
Many people have over the years built up unsecured debt, which for some is becoming harder to manage and putting…
Dealing with Debt after separation
Dealing with separation or divorce is tough enough. Adding debt issues into the mix is particularly stressful. If you and…
Single Mothers and debt?
Debt issues are a major cause of anxiety with single mothers particularly for those of who have recently separated. When…
How we can help with both personal and business debt
It is almost impossible to avoid exposure to personal debt when setting up your own limited company. When you start…
What is a Debt Management Plan and how can it help clear your debts?
A Financial Conduct Authority (FCA) survey found around 12.8 million adults were falling behind on bills or finding repayments a…
What is an IVA and how can it help clear your debts?
Problem debt currently affects around 8.3 million people in the UK. If you’re one of the 17% of people across…
First Steps to Becoming Debt Free
Problem debt, anxiety and lethargy tend to go hand in hand. Hibernating will generally feel safer and less confrontational than…
Do your credit repayments prevent you from being able to afford your living costs?
Managing your living costs while maintaining regular credit repayments can be extremely difficult, especially if your contractual repayments do not…