Can I get car finance with an IVA?
If you’ve entered into an IVA (Individual Voluntary Arrangement), you may be wondering if it will affect any applications you make for car finance. While an IVA can be an important lifeline for many, it does make accessing other lines of credit challenging, even after you’ve paid it off. However, that isn’t to say you won’t […]
Signs of Financial Abuse
Everyone has the right to make financial decisions on their own, but this isn’t always the case in some relationships. It’s not uncommon for family members, partners or carers to advise you on how to spend money, but when this advice turns into control, financial abuse occurs. Identifying the line between well-intentioned advice and manipulative […]
The Register of Judgments Orders and Fines
The official statutory Register of Judgments, Orders and Fines is a public register containing details of individuals with a county court judgment (CCJ) or a high court judgment (HCJ) issued against them. The Registry Trust manages the register on behalf of the Ministry of Justice, and they also maintain similar registers for Northern Ireland and Scotland. While […]
What is a Certificate of Satisfaction: Definition and Uses
A Certificate of Satisfaction is a legal document that confirms a debt has been paid in full. It is often used in the context of a mortgage or loan agreement. If you have recently paid off a debt, you may be wondering if you need a Certificate of Satisfaction and how to obtain one. In […]
IVA Spending Restrictions: What You Need to Know
Navigating the complexities of debt can be daunting, but solutions like the Individual Voluntary Arrangement (IVA) offer a structured path to financial stability. In our latest article, we delve deep into the intricacies of IVAs, a legally binding agreement that provides a lifeline for those submerged in unsecured debts. An IVA is only available to […]
Charging Order – What you need to know
Although some debts can start out as ‘unsecured’, if you do not make payments towards what you owe, creditors can take action to secure a debt against your home. To do this, they need a type of court order known as a ‘charging order’. A charging order is a very serious type of action – […]
Do You Have To Pay A Parking Charge Notice?
In this quick guide, we’ll look at the different kinds of parking tickets around the UK and the legal consequences of not paying. We’ll also look at how to challenge or appeal parking fines – along with some real-life reasons that often get parking tickets cancelled. There aren’t many things as frustrating as getting back […]
Irresponsible Lending – What you need to know
Before a company offers you credit or lends you money, they should check to make sure you can afford to pay that money back. The process they use to do this is called an “affordability check”. If they lend you more than you can afford to pay, this is referred to as “irresponsible lending” – […]
What is a Notice of Default and what does it mean?
If you’re struggling with your finances, you might find you’re getting lots of letters – possibly including default notices. These letters – officially referred to as a ‘notice of default’ – are an official step that lenders have to take before they take more serious legal action against you. In this guide, we’ll take a […]
What is the DAF Fund in Wales? Explaining the Discretionary Assistance Fund
The Discretionary Assistance Fund (DAF) in Wales is a government-supported scheme designed to provide financial assistance to individuals who are in urgent need due to an emergency or a crisis. It is intended as a safety net to help those who do not have other means of support in times when they require urgent help […]
