Get money saving tips in our regular emails

We take your privacy very seriously

Debt consolidation

What Are Interest Rates Anyway – And How Do They Work?

Thumbnail image for What Are Interest Rates Anyway – And How Do They Work?

The Interest Rate on a Loan

Most people are familiar with how basic interest rates on loans are calculated. Anyone who knows how to figure out a percent discount can easily determine how much interest will be paid on a simple loan. For a loan with 10% interest paid on a balance of £100, ‘£100 x 0.10 = £10.’…

Read the full article →

Using a Credit Card for Balance Transfers

Thumbnail image for Using a Credit Card for Balance Transfers

Many of us are no strangers to the reality of high-interest credit card debt. Unless we can afford to pay off the whole balance with a few substantial payments, most of what we repay on a monthly basis will go to paying off the monthly interest that’s applied, and if we pay the minimum allowed, it can take many years to pay off the balance. Fortunately, there’s a way to …

Read the full article →

Interest Free Credit Cards – What are They and How Do They Work?

Thumbnail image for Interest Free Credit Cards – What are They and How Do They Work?

Like most things in life, even interest free credit cards are not quite free, but they do offer an opportunity for people who need a little extra cash, or those with debt on high interest credit or store cards, to consolidate that debt at a much lower rate. There are two main types of interest free credit card: a card which charges 0% on balance transfers and a card which …

Read the full article →