Author name: Azzam Sheikh

Missing payments on your debt or debts can have serious consequences. If you can’t or refuse to pay your debts, then expect letters through the post, calls from the debt collectors or even a visit from the bailiffs for debt collection. It’s an unpleasant scenario to be in? So, if you are in debt and

No one wants to be in debt. One missed payment leads to another, and the struggle for money becomes more real before you realise it. Did you know that almost 25% of Brits are losing sleep over their financial situation? Not all of us are programmed to be frugal with our money, and some of

If you are struggling with debt, then it is important to spot the signs you need help with your debt. If you don’t then creditors can take action against you to get back the money you owe them. One of the ways they will try and recover money from you is by applying for a

Benefits are offered to people who find themselves in a difficult financial situation, such as unemployment, disability or they need to care for someone. Claiming benefits are usually people who have no or are on very low income and getting that extra financial support from the government is seen as a lifeline. As benefits are

People usually take out secured loans when they want to raise large sums of money to pay for bigger purchases like a car or a home renovation. However, you will only be able to take out this type of loan is if you secure it against an asset such as a house or car. Securing

Your home could be the most expensive purchase you make in your lifetime. Most people take out a mortgage debt from a mortgage lender or bank and agree to pay back the money borrowed over several years. However, what happens when life takes a turn for the worst, and you are left struggling to pay

A leaking roof or a car that needs repairing. These are some of the emergencies that don’t often get calculated into your monthly expenditure. Having a rainy-day fund helps but what happens if you don’t have that contingency and need financial help quickly? Payday loans are often the answer to those problems. Payday loans offer

Playing the lottery or betting on the horses can be a fun experience, especially when you get to take some winnings home. However, just like anything gambling should be done in moderation. Quite often gambling can become a problem and what is meant to be recreational can turn into a habit. Finances start to take

Income tax is the tax you owe to the HMRC on your income. If you fall into arrears on your income tax, then it is important to pay it back as soon as you can. Quite often, many of us push this type of debt aside and focus on other debts, however, did you know