When dealing with debts, it’s important to know the different types of credit and their implications. Especially in an ever-changing financial landscape like we’re seeing here in the UK. To help you better understand the different types of credit and debt in the UK in 2024, we’ve put together this comprehensive guide that covers the…
Clearscore was founded in July 2015, and was the UK’s first provider of free credit scores allowing users to view a snapshot of their finances and reports, they also offer consumer advice and protection services.
Looking to understand and improve your credit score can be important step in a successful financial future. Equifax are one of the three main options for credit score in the UK alongside Experian and Clearscore. As one of the most popular credit reporting services, Equifax is one option for people looking to get a better…
A credit score is a simplified overview of your credit history, giving lenders and prospective loan providers a general idea of your previous credit commitments, repayments and reliability. Currently in the UK, credit scores are measured by three credit reference agencies (Experian, Equifax and TransUnion), who monitor and allow you to check your credit score.…
Energy, alongside inflation, cost-of-living, and crisis, is a word you’re probably sick of hearing at this point. With the current energy crisis and rising inflation costs, it feels like you can’t turn anywhere without another headline about the rising costs. Well, this is another one of those articles… However, rather than blast you with negative…
Dealing with debt: 5 things you should know 1) There are sources like Money helper for free debt advice and services. You can find out more by contacting Money Helper on www.moneyhelper.org.uk or 0300 500 5000 (8-8 Monday to Friday, 9-1 on Saturday). 2) You should have been advised on all the options for dealing with…
A debt management plan is what’s known as an informal debt solution, this means that there are no legal processes involved. Basically, you contact your creditors and agree to repay at a rate you can afford. Whilst we obviously recommend having a professional do this for you, it is certainly something that you can, if…
A pet is for life not just for Christmas… and so are the costs. Having a furry friend in your life can be a joy but it isn’t unfortunately one that comes with a price tag. MoneyPlus have created a complete guide to the costs and considerations pet owners should know before getting that doggy…
Doing the weekly food shop rarely comes with many surprises, but over the last few months, many got an unwelcome shock when their usual weekly shop came with an unusual price tag. Food bills are predicted to rise by £454 this year, higher than previous predictions. Back in April, researchers at Kantar estimated that the…
Tips for paying your priority bills in 2024 With rising living costs, it’s becoming harder to keep up with household bills. As costs put a squeeze on household finances, paying your priority bills has become the main financial goal of 2024. What are priority bills? Priority bills are those that carry the most serious consequences…
Best money saving apps in 2024 We all need a break from rising costs. With what seems like constant price hikes and inflation where even the Tesco meal deal isn’t safe, we could all do with some freebies. Here at MoneyPlus, we thought we’d highlight some great free apps that might save you some money…
In its essence, a credit score is a number that lenders (banks, car finance dealers etc.) use to determine the risk associated with loaning money to someone. These lenders decide how much they’re willing to loan you (and at what interest rate) based on your credit score – it can also be checked by landlords and insurance…