Managing credit and debt together is crucial when you’re in a relationship – check out our Credit Cafe video here with guest Hannah Maundrell from money.co.uk
By Neil Stone, Experian UK social support team
Thinking of applying for credit later this year? Then now is the time to make sure you are registered on the Electoral Roll!
Lenders will often use the electoral roll information on your credit report to help confirm your ID when you apply for credit. If you are not registered they may ask for further documents or even turn down an application completely.
So how long will it take after you have registered?
It will actually depend on the time of year. From December to August local authorities publish a monthly register, known as a rolling register.
We get the rolling registers each month and update the information on reports as quickly as we can. Continue reading
Young people are often keen to break away and get financially independent, but in doing so there are many financial responsibilities & challenges they might have to deal with.
With student loans and overdrafts taking years to pay off, just how long can young people realistically keep milking the Bank of Mum and Dad?
Signs that you might be ready for financial independence
Sometimes it’s just about being able to rein yourself in when you really, really want to splash out on something you don’t need and can’t really afford, like a luxury item you know you can do without, or a pretty framed picture you’ll have forgotten about minutes after you’ve left the shop. Continue reading
Do you try and protect yourself from the sun when you’re away? Similar steps can help protect you and your family from identity theft.
Check out our video with guest Michelle Highman , Chief Executive of The Money Charity
It’s best not to carry things with you that you don’t need, as handbags and wallets often contain lots of items containing information that can identify you personally that you just won’t need on holidays. Fraudsters just love these! Some examples are bills, receipts, out-of-date driving licences and medical prescriptions. Continue reading
Now that the Chancellor has announced his first Budget since May’s General Election, a few things have become clear. And many of us are likely to be affected in different ways, from income tax to benefits, from housing to savings.
Some of the headlines from Summer Budget 2015 were:
From 2017, couples can expect to see their inheritance tax threshold increase to £1 million, from the previous £650,000. It comes as part of a new ‘family home allowance’ of £175,000 added to the present £325,000 tax-free allowance, which means that if you die and leave assets worth up to £500,000, your estate won’t be charged any inheritance tax. Continue reading
Once criminals have enough of your personal details, they can apply for credit in your name and run up debts without you knowing. Your full name, date of birth, current address and national insurance number, and the passwords and PINs to your bank accounts are among the things they are hoping to get hold of.
Online theft is being more widely used with fraudsters setting up fake websites to get you to type in your digital banking password, which then gives them access to your accounts. So-called ‘phishing’ emails pretending to be from your bank can also lead to your details being stolen.
The success of the England women’s football team in reaching the World Cup semi-finals for the first time has taken a lot of people by surprise.
Less surprisingly, there’s been a lot of talk lately about how little they earn compared to even the most journeyman Premier League player – let alone the six-figure weekly take home pay of many international stars.
Firstly, some of the stars of this World Cup *are* very well paid – however they aren’t likely to be the England team members. Continue reading
Oh I say! For many of us, a visit to Wimbledon fortnight is a highlight of the British sporting summer, along with the Ashes, the Open and the British Grand Prix.
Most of the tickets for the Show Courts, of course, have long since been sold – that is, if they were ever on sale in the first place, as so many go to sponsors and guests.
Every year since 1924 there’s been a public ballot for advance tickets, as demand for tickets way outstrips supply around four times over. Even if you get a ticket, you can’t request the date or court – you have to accept what you’re given. Continue reading
Glastonbury starts on Weds 24th June, one of many rituals that so many of us go through as teenagers, students, young adults and beyond – going to summer festivals and enjoying the revelry, the music and the sunshine.
From black-clad teenagers camping at rock events in the countryside, to parents on a day trip to a family-friendly event in an urban park, they all want to get away from it all and stop worrying about the daily grind.
However, if you are going to summer festivals, it’s worth remembering that fraudsters like to strike while your guard might be down – so it pays to remember some tips to keep your ID safe while you rave. Continue reading