Posted by | Category Blog | Date 18 April 2019

Can you get a mortgage with a zero hour contract?

Zero hour contracts are increasing in popularity. This is primarily down to the flexibility they offer the employer, but there are some benefits to workers too. For those who like to be able to take control of their earning potential, a zero hour contract can help them to do so. It also frees you up to be able to accept work from another company without needing to give notice.

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Posted by | Category Blog | Date 25 March 2019

Scammers target Instagram users with investment scam

According to Action Fraud, the UK police-led scam reporting centre, there has been a huge influx in the number of victims on Instagram falling prey to investment scams, with the average victim n their 20s losing an estimated £8,900 as a result of being targeted by a ‘get rich quick’ scheme on the social media app. Overall, it is estimated that the losses total to more than £3 million in

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Posted by | Category Blog | Date 25 February 2019

Payday lending is constantly rising, leaving people in ongoing cycles of debt

According the Financial Conduct Authority, in the year up until June over 5.4 million payday loans were taken, in comparison to 4.6 million in the previous year. This was 0.8 million more than the previous year. As well as this, the amount that people have borrowed has risen between July 2016 and June 2017 from 1.1 billion to 1.3 billion. The Financial Conduct Authority have

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Posted by | Category Blog | Date 11 January 2019

The average UK household debt is now at a record £15,400

Britain’s household debt mountain has reached a new record high, with UK homes now owning an average of £15,385 to places such as credit card firms, banks and other lenders, according to figures released by the TUC. The trade union body has stated that household debt had risen sharply in 2018 as years of austerity and wage stagnation forced households to increase their borrowing. The TUC said in its annual

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Posted by | Category Blog, useful information | Date 18 December 2018

Does a guarantor have any rights?

If you become a guarantor you might think that you are signing your life away - and you may be wondering if you have any rights. The answer is yes and no. For starters, being a guarantor means that you have an obligation to cover any payments that are not made by the main beneficiary. So if you have agreed to co-sign a loan agreement with a family member or

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