Finance

  • compound interest rate

    How to Understand the Different Types of Interest

    9th February 2017

    Understanding how interest rate works is important if you are trying to get better at managing your personal finances. Annual Percentage Rate (APR) is essentially the interest given as a percentage spread across one year that you will repay on any credit product such as a payday loan, personal loan or an instant cash loan. APR is used interchangeably with …
    Read more

  • loans and credit education

    How to Teach Your Children about Loans and Credit

    2nd February 2017

    Teaching your children about loans and credit will be one of the most important lessons that you need to teach your children. Loans and credit are the underlying foundation of financial services and as your children grow, they will encounter loans and credit. Learn how to teach your children about credit to ensure their financial knowledge is thorough in order …
    Read more

  • UK bank account

    10 Things to Know About Your Bank Account

    24th January 2017

    Your bank account is one of the most important things to understand about your personal finances. Without a bank account, it is difficult to be paid a salary or to budget effectively. You need to know the essentials of what makes your bank account work and tips and tricks to managing your accounts effectively. The majority of Brits have a …
    Read more

  • Payday lenders

    Online Payday Lenders vs High Street Payday Lenders

    7th October 2016

    When it comes to payday lenders, there are two choices customers can have: online payday lenders and high street consumer lenders. What makes each of these lenders so different? Today you are going to learn the ones that are perfect for you and you can make a decision on which lender you should choose. What is an online payday lender? …
    Read more

  • Personal loans

    10 Things You Need to Know About Personal Loans

    22nd September 2016

    Personal loans need you to be focused and diligent when it comes to making repayments and to figuring out why you are taking out personal loans. Personal loans are loans that you can borrow for personal reasons that can be anything that you want. 1 – Look for the amount that you need On the whole, personal loans tend to …
    Read more

  • Overdrafts

    How Overdrafts have Become more Expensive than Short-Term Loans

    23rd August 2016

    Overdrafts act like extra cash that you can borrow from the bank in case you need money. Not all bank accounts have overdraft facilities and maybe this is for the best. A new report by Which cited by the BBC found that getting an overdraft can be more expensive than a short-term loan. This is something that has been fascinating …
    Read more