Personal Debts Articles

Young couple sitting in the kitchen preparing bills to pay

Personal Debts

How can I manage my debts even with a low income?

Getting out of debt is difficult enough at the best of times, but when you’re on a low income, it can feel like an uphill battle.

Personal Debts

What to do if you are struggling to repay benefit overpayments

If you have debt as a result of an overpayment of state benefits, you will need to make arrangements to pay this back to the government.

Personal Debts

Tax Debt Help for online content creators and OnlyFans models

Social media has opened up a whole new way of earning money, with more people than ever now turning to platforms such as TikTok, Instagram, YouTube, and OnlyFans to generate extra income.

Personal Debts

What to do if you are in debt to PayPal

Buy now, pay later (BNPL) services are gaining popularity due to their easy access and flexible repayment options. BNPL is highly appealing as it lets you spread the cost of a purchase, rather than ma...

Personal Debts

What to do if you are in debt to Clearpay

Clearpay lets you spread the cost of your purchase through 4 instalments, due every 2 weeks. The payment option is available online, through the Clearpay app, and you can also use a digital payment ca...

Personal Debts

What is a debt settlement offer?

Sometimes known as a full and final offer, a debt settlement offer is where you agree to make a lump sum payment to your creditors in order to settle the remaining debt you have with them.

Personal Debts

17 Signs you’re struggling to cope with debt & need to take act

Debt seems to be a way of modern day life. For some things in life, such as buying a home or paying for a university education, taking on debt and paying this off in instalments may be the only way of...

Personal Debts

What reason should I give when applying for a personal loan?

When you apply for a personal loan it’s important to be open with the lender and tell them exactly what the loan is for.

Personal Debts

What happens if you lie on a credit card application?

When credit card companies make a decision about you as a potential customer, they use the information on the application form to assess your credit-worthiness, and establish the most appropriate leve...

Personal Debts

5 Inspirational Stories Of People Who Defeated Their Debt

When you have large personal debt, it often feels as if there’s nothing you can do to get out of that situation. You throw away bills, ignore phone calls, and often feel overwhelmed and scared.

Personal Debts

Moving abroad to escape unpaid debts – what happens?

If you are drowning with unmanageable debt, you may be tempted to try and escape this for good by leaving the country. You may be considering a move abroad for other reasons, such as to be closer to f...

Personal Debts

Dealing with high property factoring fees in Scotland

High factoring fees are placing an increasing financial strain on many property owners in Scotland, with some property factoring companies being criticised for huge price rises for what is often only...