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.
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).
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.
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.
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.
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.
UK Credit Card Types: 0%, Reward, Cashback, Balance Transfer
UK credit cards include 0% purchase, 0% balance transfer, reward, cashback, credit-builder, and premium. Each serves a different use case. This guide compares them and the FCA CONC rules that apply.
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.