How does Continuous Payment Authority work?
Continuous Payment Authority is a collection method used by several banks and lenders in the UK as a way of automatically collecting funds from a customer's debit account on their repayment date. CPA or 'recurring payments', as it is also known, is used by most of the guarantor lenders that we feature. When a customer applies, their debit card will be 'tokenised' and this typically involves the lending taking 10p out
Read MoreCloned Firms and How To Look Out For Them
A cloned firm is a fraudulent company or individual that takes the name of a legitimate company or claims to be authorised by the Financial Conduct Authority in order to promote investment opportunities, shares, property or steal money. In the world of payday and guarantor lending, you may be approached by a company by a cold call or by email who could try to sell you a loan or claim
Read MoreHow Does A Debt Management Company Work?
What is Debt Management? Debt management, debt relief or debt consolidation companies are able to take your existing debts and provide a plan to help you pay them off. This is not for a consumer that has one or two outstanding loans or credit cards as their services are more appropriate for those with: Bankruptcy County Court Judgements (CCJs) Several outstanding credit card debts, payday, logbook or guarantor loans A
Read MoreCheap valentines day ideas on a budget
Valentines Day is only a few days away and for a lot of nervous boyfriends and husbands this is a frantic time of year to get your significant other the perfect gift. From flowers, chocolates, cards, weekend aways, dinners and more - every guy is under pressure to organise something special. In this blog post, we consider the different things you can buy on Valentines Day on different budgets. How
Read MoreAlternatives to Guarantor Loans
A guarantor loan alternative is one that allows you to apply online and borrow a few hundreds pounds and receive the funds on the same day or within a few days. As an alternative, you may be looking for no guarantor loans, so you don't have to get an extra person to sign a loan agreement and be part of the application, it can just be between you and the
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