What is an affordability assessment?
If you’ve ever heard the term ‘affordability assessment’, you may have been left wondering what it means and exactly what is involved. All UK lenders are facing increasing pressure to demonstrate that they are lending responsibly, and central to responsible lending is an assessment of customer affordability. Put simply, an affordability assessment is the process […]
Cutting your energy costs
UK households are facing a hike in energy bills like never before, so there’s never been a better time to review your costs and cut down on the amount of gas, home heating oil, and electricity you use. It’s been noted that cheap energy deals have virtually disappeared over the last few months so it’s […]
How to know if a lender is legitimate
What exactly is a loan shark, and how can you be sure that you’re doing business with a reputable and legitimate lender?
No current account? No problem! Firth to the rescue!
Did you know? Around 1.3 million adults in the UK do not have a bank account. As crazy as it sounds for those of us who take everyday banking for granted, ‘the unbanked’ as they are known, are left wondering what all the fuss is about. If you are one of those 1.3 million, don’t […]
5 tips to help manage your bills!
Are you having a hard time paying your bills? If you’re feeling the pressure, here are five great tips to help you get back on your feet: ✔️ Budget. Start by making a weekly or monthly budget that includes all your income and expenses, and if possible, do everything in your power to increase your […]
What is a payday loan?
A payday loan is a type of unsecured, short-term borrowing, that is designed to tide you over until your next pay day, when you will be expected to repay your loan in full, along with any associated interest charges. Payday loans are similar to other types of loans, however payday lenders have a strong reputation […]
How to improve your credit score
Your credit score depicts your creditworthiness. The higher the score, the better you, as a borrower, will look to potential lenders. There’s no magic number when it comes to a ‘good’ credit score. Different companies will be looking for different things in potential customers, so while you may be one lender’s cup of tea, you […]
Consumer credit loans compared
Many people think that consumer credit lenders operate the same way, but this is in fact incorrect. Online lenders are exactly what they say, online. They do not offer a face-to-face service, whereas a trusted doorstep lender, such as ourselves, will always have a friendly representative who can visit you in your own home to […]