Money and Debt

UK bodies that regulate the banks, building societies, credit unions, insurers and major investment firms:

MoneyHelper offers free financial advice to members of the public.

Money & Debt categories

CREDIT UNIONS

A credit union, a type of financial institution similar to a commercial bank, is a member-owned financial cooperative, controlled by its members and operated on ...

Banking

CURRENT ACCOUNTS

A Current Account helps you manage money going in and out on a day-to-day basis. This type of account usually offers an overdraft facility but ...

Legal Help

BAILIFF ADVICE ONLINE

A bailiff is someone authorised by a county court judge to take away your property and sell it to offset the sale amount against the ...

Managing Debt

NATIONAL DEBT RELIEF

National Debt Relief is a private company offering debt advice and solutions to people struggling with debt. The company provides a free debt payment calculator, ...

Money & Debt Advice

THE MONEY CHARITY

The Money Charity is a national financial capability charity providing financial education, information, advice and guidance to people of all ages, helping them to manage ...

Mortgages

APPLYING FOR A MORTGAGE

To apply for a mortgage, you’ll need to complete an application giving details of your employment, income and financial commitments. The lender will run credit ...

Borrowing

CREDIT CARDS

A Credit Card lets you pay for purchases using borrowed money, your bank will usually agree a limit to how much you can spend on ...

Savings

NATIONAL SAVINGS AND INVESTMENTS

National Savings and Investments (or NS&I) provides government-backed savings and investment products. This means any money you invest is completely safe – this is called ...

Banking

OPENING A BANK ACCOUNT

Opening an account with a bank or building society is a relatively simple process, but you will usually be asked for proof of identity and ...

Money & Debt Advice

DEBT ADVICE FOUNDATION

Debt Advice Foundation is a registered national debt advice and education charity offering free, impartial, confidential support and advice to anyone worried about loans, credit ...

Money & Debt Advice

MONEY MAGPIE

MoneyMagpie is a self-help money site providing a complete guide to your money, including how to save it, how to spend it, how to make ...

Mortgages

HOME OWNERSHIP SCHEMES

If you live in England and can’t afford to buy a home, you may be able to get some financial help through one of a ...

Borrowing

CREDIT SCORING AND CREDIT REPORTS

Credit Scoring is a way for lenders to know that you are going to be able to repay any money they lend you. If you ...

Savings

HELP TO SAVE

Help to Save is a new Government savings scheme for UK residents who are on low incomes and are claiming certain benefits. The scheme lasts ...

Banking

MANAGING YOUR BANK ACCOUNT

When you open a new bank account, your bank or building society will give you information and details about how best to manage your finances. ...

Managing Debt

INDIVIDUAL VOLUNTARY ARRANGEMENTS

An individual voluntary arrangement (IVA) is a formal agreement allowing you to make affordable payments to your debts, usually over five or six years

Money & Debt Advice

SHELTER

Shelter gives advice, information and advocacy to people with financial problems. The charity offers detailed facts on debt and arrears issues, simple top ten tips ...

Mortgages

REMORTGAGE

Switching mortgages, or remortgaging, involves moving from one mortgage to another. You may choose to remortgage for various reasons, usually to reduce the overall monthly ...

Borrowing

OVERDRAFTS

An overdraft is a way of borrowing money on your current account that your bank or building society may allow so you can to cover ...

Banking

SWITCHING YOUR CURRENT ACCOUNT

Banks and building societies are actively competing to attract new customers with a range of incentives. Whether you have a big bank balance or an ...