Guide to if Debt Collectors Accept Payment Plans

Love Debt Free Do debt collectors accept payment plans

If you stop making repayments on an unsecured loan, your lender may sell your debt onto another creditor, known as a debt collector. Debt collectors don’t have any special powers to help them collect debts, but they may be more persistent in chasing you and more willing to start legal proceedings against you. One thing […]

Our Guide to Which Debts to Pay Off First to Raise Your Credit Score

Love Debt Free Guide to increasing your credit score

What Makes Up Your Credit Score? If you want to know which debts you should pay off first to improve your credit score, it helps to first understand what factors influence your score. Your credit score is rank given to you by a credit reference agency, based on information reported to them by your creditors. […]

Our Guide to How Debt Consolidation Works

Love Debt Free How does debt consolidation work

If you owe money to lots of different creditors, it is easy to feel overwhelmed as you try to keep track of your different accounts. By moving all of your debt to one place, you may make it easier to stay on top of your finances and manage your debts. This is known as consolidation […]

Our Guide To The Question, ‘How Can I Clear My Debts’?

Love Debt free 5 point guide to clearing your debt

Having even a small amount of debt to your name can feel overwhelming if you’re on a budget, and it may feel as though you’re destined to spend years chipping away at your debt. However, there are steps you can take to help clear your debts without the help of extra income. Below we’ve listed […]

Our Guide To What Happens If You Can’t Pay Your Debt

Love Debt Free guide to what happens if you cant afford to pay your debts

If you’ve ever borrowed money without combing through the small print, you’re not alone- according to a Money Advice Service poll, a remarkable 84% Brits don’t read the T&Cs before signing a contract.  If you’re one of the many who are guilty of taking on credit without checking the contract properly, you could be left […]

Our Guide To Paying Off Logbook Loan Debt

Love Debt Free guide to paying off logbook loan debt

What Is Logbook Loan Debt? A logbook loan is a type of loan available in England, Wales and Northern Ireland, which uses a vehicle as security. They are available online and with high street providers for sums between £5000-£50,000 depending on the value of the vehicle.  When you take out a logbook loan, the lender […]

Our Guide for People Struggling With Different Types of Debt

Love Debt Free guide for people struggling with different types of debt

In recent times we have seen more and more people struggling with different types of debt often unaware of the help and assistance available. There are so many different ways in which you can fall into debt, and once you start to get behind with payments, it can be difficult, if not impossible, to catch […]

Our Guide to What a Good Credit Score Is

Love Debt Free guide to what a good credit score is

There are three main credit reference agencies (CRA) in the UK, and each one uses a slightly different scoring system and scale. This means that you can’t directly compare scores between the different CRAs- a score of ‘700’ could be considered excellent with one agency, and poor with another. Your credit score is a number […]

Our Guide to the Different Types of Debt

Love Debt Free guide to different types of debt

Debt is often thought of as a negative thing, but when it is appropriately managed, borrowing can help pave the way to greater wealth and ultimately, financial freedom.   However, not all debts are equal. The word ”debt” covers every borrowing imaginable: from mortgages to a tenner borrowed from a mate at the pub. This article […]