Articles

Sequestration

What happens after you are discharged from sequestration?

Being discharged from sequestration represents a key moment and signifies the beginning of an improved financial situation.

My partner and I are considering a joint loan, is it wise?

When taking out a joint loan, there are many things you need to consider. Signing up to a joint credit agreement is a huge commitment and it’s important to ensure you have all the facts before signi...

Credit Score

How to check your credit score for free

Knowing your credit score and keeping a regular eye on your credit file can prove incredibly beneficial if you wish to apply for a mortgage, credit card, loan or other type of credit. By checking your...

7 Sports That Scotland are Better at Than England…

Scotland’s rivalry with England dates back over 1,000 years to the Battle of Brunanburh when both countries would regularly brawl over territory, and this weekend draws stark similarities as another...

Budgeting

Nearest food banks in Scotland – what are your options?

The latest figures on the use of food banks in Scotland show a disproportionately high need by Scottish residents in terms of population numbers, when compared with any other area of the UK.

Bailiffs and Legal Action

I’m facing house repossession – what can I do?

If you are threatened with house repossession, you need to act quickly. You may be able to negotiate more time to pay – it is often the case that repossession can be stopped or temporarily halted, a...

Overcoming issues with tax credit overpayments

Tax credits are designed to help individuals and families top up their incomes when they are finding it difficult to pay for essential everyday expenses based on their ordinary incomes.

Bailiffs and Legal Action

What is a charge for payment in Scotland?

If you have been struggling with debt and have found yourself unable to make the required payments to your creditors, you may eventually be in the position where you creditors look to take further act...

Personal Debts

What financial support is there for families in Scotland?

If you’re struggling to make ends meet as a family, there are a number of grants and loans available in Scotland that can ease the pressure, particularly if you’re on a low income or are in seriou...

Credit Score

What is a Notice of Correction with your credit report?

If the information in your credit report is misleading in some way, or misrepresents you, and the credit reference agency isn’t able to remove or amend it, you’re entitled to use a Notice of Corre...

Bailiffs and Legal Action

What is Attachments of Earnings and how does it work?

An Attachment of Earnings, or Earnings Arrestment as it is known in Scotland, is part of the ‘diligence’ process available to creditors who have been unable to collect their monies despite obtaini...

Sequestration

I recently filed for sequestration, how am I supposed to manage without a bank account?

Despite optimistic reports that the economic situation is improving, sequestration levels remain high in Scotland when compared with pre-recession statistics.