Does Universal Credit affect credit score?

Does Universal Credit affect credit score?

The UK government has recently shook up the traditional benefits system and replaced the following benefits with Universal Credit: Jobseeker’s Allowance, Housing Benefit, Income Support, income-related Employment and Support Allowance, Working Tax Credit, and Child Tax Credit. With millions of former older-style claimants expected to be transferred in the next few years and it impossible […]

How to remove a charging order from a property?

How to remove a charging order from a property?

A charging order is a court order that seeks to compel you to settle unpaid debt, by securing the outstanding debt against your home or another property you own. In this post we’ll examine what a charging order is, what the charging order process involves and, most importantly, how to remove a charging order that’s […]

Charging order on property? Get the advice you need

Charging order on property? Get the advice you need

When creditors have a court order like a County Court Judgment (CCJ) against you and the court decides you should repay the money they owe, creditors can apply for a second court order called a ‘charging order’ that secures the debt you owe against property you own.’ In this blog we’ll look into what a […]

Can I get a loan with an IVA?

Can I get a loan with an IVA?

When you enter an Individual Voluntary Arrangement, also known as an IVA, you must adhere to certain rules when it comes taking out further credit such as credit cards or loans. An IVA is a formal agreement between you and the people you owe money to, known as creditors, that allows you to repay a […]

Can I get a joint mortgage with an IVA?

Can I get a joint mortgage with an IVA?

An Individual Voluntary Arrangement takes up the vast majority of a person’s disposable income, so it’s no surprise that people with an IVA may wonder whether it’s possible for them to get a mortgage with their partner during an IVA. This is known as a joint mortgage. In this article we’ll explore IVAs and joint […]

How to apply for government crisis loan online

How to apply for government crisis loan online

Now that living costs are rising in the UK, many families around the country are being driven to crisis point. The situation is especially serious for those who were already struggling to make ends meet, so it’s understandable if you’re now wondering what additional financial support is out there. In this article we’ll examine government […]

How long does an IVA last?

How long does an IVA last?

Individual Voluntary Arrangements (or IVAs) can help you get your finances back on track by making regular monthly payments to your creditors (lenders you owe money to) until your debts are cleared for a brighter financial future. It is a popular debt solution for people struggling to pay their debts with agreed payments, such as […]