County Court Judgements
A County Court Judgment (CCJ) is a type of court order which might be registered against you if you fail to repay money you owe. This will order you to make specific repayments on your debt and can lead to bailiff action if you don’t.
Dealing With The Debts Of The Deceased
When someone dies, debts they leave are paid out of their estate. You aren't automatically responsible for a husband's, wife's, or civil partner's debts.
Should I: save money or pay off debts?
It’s important to have emergency savings, to help with the little (and not-so-little) emergencies. This could be to replace the fridge, fix the car, or cover the cost of living between jobs.
Understanding The Cost Of Borrowing
When money is borrowed, there are interest rates and fees attached to the agreement. This is how the lender makes a profit. But this means that you will almost always pay back more than you borrowed in the first place. Comparing different borrowing products can be complicated, and it is important to fully understand the true cost involved.
Where to turn for help
When you are unsure of your next steps, it can help to reach out to an expert for advice. You’ll benefit from an outside eye - someone who knows the world of loans, interest rates, and debt management who can explain your options without the jargon and support you through financial decisions.
Working Out A Repayment Plan
It is important to know when you take out a loan or other debt how you plan to repay it. How much you’ll pay to borrow money depends on how much you need, and how quickly you plan to repay it.
Borrowing & life insurance
Budgeting & spending wisely
Pensions & retirement
Investing & financial planning