Jon's Blog
Practical tips to help you improve your credit rating and avoid expensive high interest loans
The common thought is that getting more credit is the worst thing to do.
We discuss a few select cases where borrowing more money could help, in particular debt consolidation.
Debt rarely builds in one place at a time; a couple of credit cards along with recurrent bills and an overdraft, and all of a sudden, you’re paying money here, there and everywhere!
See if you can combine all your debts to reduce your costs, and get loan quotes from our lenders.
One consolidated loan has a number of associated benefits:
Please only consider taking on additional borrowing if you are completely sure that you will have the means to pay this back. For help, go to moneyadviceservice.org.uk. Please see our Responsible Lending Policy.
There are a variety of other debt solutions available:
If you have a poor credit rating, then loans can be more expensive.
So before looking ta loan options, we suggest you find out what your credit rating is.
You can try checkmyfile free for 30 days, then for just £14.99 a month after, which you can cancel online at any time.