Debt

UK Section 75 Consumer Credit Act Explained

Section 75 of the UK Consumer Credit Act 1974 makes credit card issuers jointly and severally liable with merchants for breach of contract or misrepresentation on purchases GBP 100-30,000. This guide covers how to claim, the limits, and the chargeback alternative.

16 Jun 2026 · 6 min read

UK Payday Loan Rules and FCA Cap Explained

UK payday loans are subject to FCA price caps since January 2015: maximum 0.8% interest per day, GBP 15 default fees, and a 100% cap on total cost. This guide covers the rules, the alternatives, and how to use payday loans safely (or avoid them).

16 Jun 2026 · 7 min read

UK Debt Management Plan (DMP) Explained

A UK Debt Management Plan is an informal arrangement to pay debts at affordable monthly amounts. Free DMPs are administered by StepChange and National Debtline. This guide covers eligibility, the process, and the credit-file impact.

16 Jun 2026 · 6 min read

UK Default Removal from Credit File: Process

Defaults and CCJs both stay on a UK credit file for 6 years, though a CCJ paid in full within one month of judgment can be removed from the register entirely.

19 Jul 2026 · 9 min read

UK Debt Help Options: DMP, IVA, DRO, Bankruptcy

UK debt solutions include Debt Management Plan (informal), Individual Voluntary Arrangement (formal, 5-6 years), Debt Relief Order (low-income fast track), and Bankruptcy. This guide covers each, the eligibility thresholds, and where free advice helps.

16 Jun 2026 · 7 min read

UK Credit Utilisation: How It Affects Your Score

UK credit utilisation - the percentage of available credit being used - is one of the largest factors in credit scores. Keeping utilisation below 30% (ideally below 10%) materially helps. This guide covers how it's measured and managed.

16 Jun 2026 · 7 min read

UK Credit Score Explained: Experian, Equifax, TransUnion

UK credit scores are produced separately by Experian, Equifax and TransUnion using their proprietary models. This guide explains the score ranges, what each agency weighs, and why your scores can differ.

17 Jun 2026 · 7 min read

UK Credit Score and Debt: The Complete Guide

UK credit scores are built from data held by Experian, Equifax and TransUnion. This guide covers what affects the score, how to access free statutory reports, how to fix errors, and how to address problem debt through Breathing Space, DMP, IVA, DRO or Bankruptcy.

16 Jun 2026 · 10 min read

UK Credit Cards for Beginners: Building Credit Safely

First-time UK credit card users should start with a credit-builder or low-limit card, pay in full each month, and use less than 30% of the limit. This guide covers the first card choice, the application process, and avoiding common beginner mistakes.

16 Jun 2026 · 6 min read

UK Credit Card Types: 0%, Reward, Cashback, Balance Transfer

UK credit cards fall into distinct types, but Section 75 of the Consumer Credit Act 1974 protects purchases between £100 and £30,000 on all of them equally.

19 Jul 2026 · 10 min read

UK Credit Builder Credit Cards Explained

UK credit-builder credit cards have small limits (GBP 250-1,500) and high APR but accept thin-file and adverse-history applicants. Used responsibly with full monthly payment, they build credit history within 6-12 months. This guide covers providers, costs, and use patterns.

17 Jun 2026 · 7 min read

UK County Court Judgment (CCJ) Explained and Removal

A UK County Court Judgment (CCJ) is a court order to pay a debt, registered on credit files for 6 years. Paying within 30 days removes from public register but keeps on credit file. This guide covers CCJ defence, set-aside, and satisfied status.

16 Jun 2026 · 7 min read

UK Buy Now Pay Later Explained: Klarna, Clearpay

UK Buy Now Pay Later (BNPL) services like Klarna, Clearpay, Laybuy split a purchase into instalments. Currently unregulated for most short-term variants but coming under FCA regulation from 2026. This guide covers the products, the rules, and the credit-file impact.

16 Jun 2026 · 7 min read

UK Breathing Space Debt Relief Scheme Explained

The UK Breathing Space scheme gives 60 days legal protection from creditor enforcement, with interest and fees paused. Accessed through a debt adviser or mental health professional. This guide covers eligibility, the process, and how to use the 60 days productively.

16 Jun 2026 · 7 min read