michael challiner

Payment Protection Insurance Yes, Single Premium No

Payment Protection Insurance (PPI) pays your loan or credit card interest if you aren't able to keep up the repayments yourself, say if you've been made redundant or can't work due to illness or for whatever reason. You'd think that sounds like a very go... Read >

Could PPI Mis-Selling Be Banned?

The Competition Commission has announced that they intend to ban the sale of Payment protection insurance (PPI) at the point of sale for both loans and credit and store cards. A respected personal finance expert estimates that up to 50 per cent of PPI... Read >

Major bank offers an alternative to Payment Protection Insurance on their credit cards

Britain's biggest credit card company is behind a new idea to give the holders of its credit card the option to stop making repayments if their income is drastically cut. In practice, it's a form of payment protection insurance (PPI) which lenders have be... Read >

Redundancy Cover Explained

It is a great shock to suddenly lose an income, in the current economic climate this is happening more and more frequently. Employees can take steps to protect themselves though. Your first line of defence will be your redundancy money, any pay in lieu of... Read >

Student Loan Repayments At Zero (Or Even Minus) Per Cent

All over the country, students are preparing for the new Academic Year. Many of them will be starting University for the first time and face adjusting to University life and coping with their own finances for the first time in their lives. After the eupho... Read >

Merchants Profiteer By Charging More For Credit Card Transactions

Retailers, cinemas, airlines and even Government departments are all featured in a list of firms, which have come under fresh attack for the exorbitant fees charged to clients who pay by plastic. Many organisations are increasing their credit card char... Read >

Breathing Space Offered By Lenders

Britain's biggest credit card company, is offering borrowers the chance of a two and a half year break from their credit card debts. This is if they opt to pay an extra charge on their spending. This is an unusual type of plan, as it gives holders of ... Read >

Insurance Companies Advertise Loans For Surgery

Insurance Companies have an extremely impressive selection of preventative healthcare services available. For instance, it is possible to arrange for a mammogram at a time to suit you. If any problems are found, then they can be dealt with quickly with no... Read >

Prepaid Credit Cards Avoid Debt

More than 50 per cent of the UK population are so worried about becoming a victim of fraud that they won't shop online. The research shows that one in three people know someone who had been the victim of fraud. But a prepaid card might just be the ans... Read >

What To Do If You Fall Behind with Your Mortgage

Advisers say that the most important thing to do if you fall into mortgage arrears is to speak to your lender - and the earlier the better - if possible, even before you miss a monthly payment. Mortgage lenders have all agreed to deal with arrears "positi... Read >

Facts About Individual Voluntary Arrangements

An IVA is an agreement between you and the people you owe money to. This agreement is both formal and legally binding, offering specific legal protections whilst the debt problems are being solved. With an IVA you will agree to pay a monthly amount, norma... Read >

Bankruptcy - It's Time To Begin Again

For some people, who have been hit particularly hard by the credit crunch, bankruptcy seems to the only way to go. If it's got to the stage where there is no possibility of repaying your debts, then it may be the only viable option. You need to gather ... Read >

Debt And Your Retirement

Traditionally there are two means of measuring the cost of living in the UK. These are the Consumer Prices Index and the Retail Prices Index. Both are used to estimate just how much the cost of living is rising over set periods and they're employed in var... Read >

Manage Your Debts, Don’t Ignore Them

If problems relating to debts are giving you sleepless nights, it's time to get down to managing them more effectively and there's help available at the click of a mouse. To lots of people, the inability to pay their debts lead them to assume that bankrup... Read >

Before Taking To The Piste, Cover Up

Let's face it accidents can happen whatever type of holiday you choose. But zipping down a snowy hillside on two planks of thin wood whilst balancing with two spiked sticks has to be a touch more risky than strolling down the beach! And if you become o... Read >