Managing Debt

Strategies and options for managing personal debt before considering formal insolvency procedures. Articles address consolidation methods, creditor negotiations, utility arrears, and avoiding predatory lending practices.

Advantages of Payment Protection Insurance

Payment protection insurance can help cover loan payments if you lose income, but compare options carefully and check the terms.

Cutting Debts with the Snowball Method

Pay off debts faster by listing them smallest to largest and tackling one at a time with the snowball method.

Guide to Avoiding Loan Sharks

Protect yourself from predatory lending by understanding how loan sharks operate and what warning signs to watch for.

Managing Utility Debts

When you can't pay your utility bills, contact your provider right away to avoid debt spiralling and legal action.

Payday Loans: Understanding the Risks

High interest rates and hidden fees make payday loans risky despite their appeal for emergency cash needs.

Payment Protection Insurance on Your Debt: Can You Claim?

Banks mis-sold payment protection insurance to millions, and you might be able to claim money back from your lender.

The 30 Day Breathing Space Lifeline for Borrowers

Get a 30-day break from debt collection if you're struggling with repayments and get advice from a registered charity.

What Is Debt Consolidation?

Debt consolidation combines multiple debts into a single loan, but understand how it works and what drawbacks come with it.

What Is the Credit Card Shuffle?

How the credit card shuffle lets you minimize interest by strategically moving balances between your existing cards.

Where to Go for an IVA

Find out where to start if you're considering an IVA, from talking to creditors to getting free advice from local debt charities.