Monthly Archives: January 2016

Experian Credit Score top tip #3 of 5: Set up direct debit payments

tip 3  - 600x300Everyone has an Experian Credit Score. Looking after it, nurturing, growing and improving it can help you get a better rate on loans, credit card or mortgages.

If you apply for new credit, and lenders see late or missed payments on credit agreements with other lenders, they may be concerned that you will miss payments to them too. Continue reading

Tax Return Deadline

Tax return form 2015If you work for yourself, or you’re a freelancer, or you work for a company but don’t get paid at source then you may well have highlighted 31st January in your calendar.

Midnight on that date marks the deadline for doing your online self-assessment tax return and paying the full amount owed (if any) to HM Revenue and Customs (HMRC)

Even if you don’t actually owe any tax, there’s an automatic £100 fine if you miss the January 31 deadline, so it’s really important to make sure you get your tax return in before the last possible moment. Continue reading

Experian Credit Score top tip #2 of 5: Space out credit applications

tip 2 - 600x300Everyone has an Experian Credit Score. Looking after it, nurturing, growing and improving it can help you get a better rate on loans, credit card or mortgages.

A scattergun approach to making credit applications, even if you see it as just shopping around, can have a negative impact on your Experian Credit Score.

When you apply for credit, a ‘credit search’ is recorded on your report. Numerous credit applications can suggest you are over-reliant on credit to supplement your income. Continue reading

Experian Credit Score top tip #1 of 5: stay within credit limits

tip 1 - 600x300Everyone has an Experian Credit Score. Looking after it, nurturing, growing and improving it can help you get a better rate on loans, credit card or mortgages.

Do try to stay within your credit limits and do try to pay your credit bills on time. Missed or late payments stay on your credit report for at least six years, and this can have a big impact on your score. Continue reading

Millennial Me And My Money

It appears the Millennial generation have learnt from the experiences of those that preceded them when it comes to their finances.

The findings from Experian’s “Millennial Me & My Money” report show that 45% of Millennials manage to save at least a quarter of their disposable income each month, compared to just a third (34%) of 35-54 year olds. To see the full report click on the image below.

Millennial-Me-and-My-Money-Report_FINAL

Blue Monday? What January blues?

New Year is loading nowThere’s a lot said about the January Blues: how it’s cold, dark, there’s no money left in the pot after the festive season and the long gap since last payday, and it’s the most miserable time of the year. So far, so typical.

But we think there’s actually a lot good about January, certainly in terms of taking control of your finances – here are 5 reasons why we’re secret fans of January.

1. Review what goes in and comes out
There’s nothing quite like the start of the year for taking stock of your finances, and budgeting for the year ahead.  Continue reading

Budgeting For The Year – guest post from Provident

budgeting image-300Guest blog post supplied by Provident 

We know that many people budget daily, weekly or monthly. For our customers, budgeting is a way of life and many know how much comes in and out of their account by the penny.

How you budget can be dictated by how and when you get paid, but have you thought about looking at your finances for the whole year?

Continue reading