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Money
Loans
Personal Loans
A personal loan also well-known as an unsecured loan is accessible as an unsecured home owner loan or tenant loan. You can commonly borrow up to £25,000 which can be repaid up to a 10 year period.
Secured Loans
A secured loan also known as a homeowner loan or home loan is a loan secured against your property. It offers higher loan quantities than a personal loan, more often than not up to £100,000, and can be repaid up to a period of 25 years.
Home Owner Loans
A homeowner loan or home loans can be either a personal loan or secured loan that is only accessible to home owners. more often than not these loans have a lower APR.
Consolidation Loans
A consolidation loan or debt consolidation loan is one that lets you to consolidate your existing debts (such as loans, credit cards and store cards) into single monthly payment usually because you can reduce the total amount you pay each month and simplify your finances.
Payday Loans
A payday loan or cash loan is an extremely short term loan more often than not repayable over a short term of time.
Bad Credit Loan
A bad credit loan or adverse credit loan is a loan available to people with a poor credit rating. Someones credit rating may be affected as you have CCJs or have defaulted on repayment of other credit like a mortgage or credit card.
Car Loans
Car loan or car finance is a loan used to buy a new or used car. A personal loan used to finance your new car can be cheaper than obtaining finance thorough your car dealer.
Loan Calculator
A loans calculator permits you to calculate your repayments depending on how much you need to borrow over what time frame taking into account the interest rate.
How to find the Best Loans for You
To find a cheap loan or the best loan for you make certain that you shop around. If you apply to single lender they may decline you for their best rate and propose you tackle a higher APR than originally stated. You should seek other lenders other than just accept that rate.

Mortgages
Remortgage
A remortgage is a mortgage that replaces an existing mortgage used for the reason of purchasing the property. Remortgage deals are repeatedly sought to reduce monthly repayments by looking for a mortgage with a lower interest rate, or to free up finance from the higher value of the property.
First Time Buyers
A First time buyer is a would-be house buyer who has not before owned a property. As a first time buyer you should deem that sort of mortgage you should use and how you ought to repay it. For this reason, the majority will speak to a mortgage broker.
Bad Credit Mortgages
A Bad credit mortgage lets a borrower with a bad credit rating to get a mortgage, a bad credit mortgageg typically has higher interest rates.
Bad Credit remortgage
A bad credit remortgage is a system a borrower with a bad credit rating can have a new mortgage with a new mortgage lender regardless that they are not moving properties. Frequently used to free up equity, a bad credit remortgage frequently carries higher interest rates.
Buy to let mortgages
A buy to let mortgage is a loan you can utilise to assist in the buy of a residential property that you mean to let as opposed to live in.
Commercial mortgages
A Commercial mortgage is a loan given for the purpose of purchasing property, and is commonly borrowed by companies or organisations to acquire business property.
Fixed Mortgages
A Fixed mortgage, also identified as a Fixed Rate mortgage means your regular repayments will stay constant for the fixed mortgage term, despite of the standard variable interest rate in the current market place. The benefit of a fixed rate mortgage is that you will know accurately what your repayments are however if the standard variable rate falls below the level at that you fixed you could end up paying out more than the market rate.
Flexible Mortgages
A flexible mortgage is the facility to make further payments while you have extra money. You could also be able to decrease monthly repayments or even have repayment breaks, although you will as a rule have to build up a reserve through making overpayments prior to this arrangement is allowed. Such mortgage rates are generally offered on a daily interest basis. Flexible mortgages as a rule supply a loan drawdown option that lets you to borrow further funds at a set predetermined rate.
Mortgage Calculator
A Mortgage Calculator, works out the amount of your month-to-month repayment could be for any particular mortgage. You can change the amount you borrow, the repayment term and even the interest rate to easily compare alternative mortgages you see on the market.A mortgage calculator will work out the regular repayments for both equity and interest only mortgages and show you the complete repayment for a normal mortgage at the rate that was requested.
How to find the Best Mortgages for You
To find a cheap mortgage or the best mortgage rate for you, please ensure that you shop about. If you apply to single mortgage lender they can decline you for their best rate and recommend you tackle a bigger interest rate than originally stated. You should try further mortgage advisors and take mortgage advice that will permit you to get a good mortgage comparison.

Credit Cards
0% Credit Cards
A 0% credit card provides you with the option of not charging interest on your card balance. Interest free periods are commonly limited, after that a rate of interest is applied to the remaining balance.
Balance Transfer
A Balance Transfer credit card permits you to transfer existing store or credit card debt to a new credit card primarily with a likely lower rate of interest. Particular notice should be paid to the length of time the starting offer is for, as soon as the offer ends the full APR resumes and the full interest will be charged from that point on.
0% buy
A Zero percent buy credit card offers an opening rate that is interest free for brand new purchases for a detailed term after that the standard rate applies. If you are searching for assistance with your cash flow then a 0% purchase credit card might do the trick however be aware that each credit card will vary on the period of the interest free term and the standard rate in that it will return to therefore it is imperative that you compare these options prior to applying.
Interest Free credit cards
Interest free credit cards are credit cards which offer an interest free period on the credit that is either borrowed from, or transferred onto, the card. Interest free periods are as a rule limited, after that a rate of interest is applied to the outstanding balance.
Low Interest Credit Cards
A low interest credit card or low rate credit card will include a low interest rate, so the interest payable on the current balance is lower than the majority standard rate cards in the market. This is a good facility if you do not wish to be switching your credit cards regularly to take advantage of interest free deals as the card charges a consistently low interest rate.
Cashback
A cashback credit card is a credit card that pays you each time you pay out on them. Cashback Credit Cards will give you back a small percentage of your complete spend, every time you utilise them, that means, over the term of a year, you will be given a percentage of your annual spend back. This form of Credit Card could be a good source of gaining extra money.
Bad Credit Credit Cards
A Bad Credit Credit Card is a credit card for bad credit or for people with a low/poor credit rating, CCJs or who have suffered bankruptcy. Bad Credit Credit Cards work just like normal credit cards, but due to the potential higher risk the applicant poses to the card issuer, they often carry a higher rate of interest, and benefits may be reduced.
Travel Cards
A travel credit card is a card offering benefits on travel. This can vary from air miles, saving money on holiday bookings to 0% commission when using overseas.
Rewards
Rewards credit cards offer rewards or incentives for use. These rewards can differ greatly from air miles to contributions to charities.
Gold and Platinum Credit Cards
A platinum credit card is a type of credit card product which provides similar features and benefits as a standard credit card, although to qualify for a gold credit card or a platinum credit card you may require a bigger income than that required for regular a card. Gold cards and platinum cards may offer higher credit limits and an increased daily cash withdrawal amount.
Prestige cards may also offer additional benefits like free extended warranty on many household appliances, free purchase protection, savings on travel / hotels and even free travel insurance. They often have similar benefits to reward cards too in the form of airmiles or money off vouchers for example.
Business Credit Cards
A business credit card is typically issued to corporate executives or company owners to more easily keep business expenses separate from personal costs. Many financial institutions offer this product with additional benefits for the business.
Sport Credit Cards
Sports Credit Cards are, for example Football Credit Cards, that are supplied by sporting companies that allow individuals to carry their Football Team Credit Card in their wallet. Many supporters like seeing their football team and credit cards united and the growth of football team and credit card offerings are a growing market
How to find the Best credit card for you
To find the best credit card deals or the best credit card for you ensure that you shop around. There are a number of alternative credit card types in the market all of that have different benefits and interest rates and therefore it is a good idea to compare credit cards in order to find a cheap credit card that suits you're spending or saving requirements.
Credit Card providers:
Barclays Bank plc, MBNA. Alliance and Leicester, Virgin, Post Office Limited, American Express, Amex, Royal Bank of Scotland, Halifax, Natwest, Vanquis, HSBC, Aqua, Lloyds TSB Group, Abbey, Tesco, Capital One Bank, Citigroup Inc, Sainsburys Bank plc, Bank of Scotland plc, Co-Operative Bank plc, HFC Bank Limited, Marks and Spencer plc

Bank Accounts
Current Bank Accounts
A current bank account is a type of account issued by banks and building societies. People use Current Accounts for normal everyday transactions including deposits and withdrawals of money and are mostly used to receive payment of salaries. Current Accounts offer a variety of benefits to the consumer including cheque books, cash withdrawal cards, direct debit facilities, standing orders and interest paid on the money stored within them. Interest and benefits offered by Current Accounts will differ greatly from institution to institution.
High Interest Current Accounts
A high interest current account is an account for day to day banking needs that pays an increased amount of interest to the account holder on money held within it than average current accounts.
Online Current Accounts
An online current account is now ever-present with every major bank offering internet banking. People can now access online current accounts 24 hours a day to control all of their banking requirements. They can open online current accounts, withdraw money, apply for loans, credit cards, mortgages and also work with a personal banker. Most major banks now offer online banking, and there are many financial institutions that operate only as an online banking facility on the Internet.
Business current account
A Business Bank Account is an account with specially tailored features and rewards for the needs of a business. Business Bank Accounts offer better rates to businesses that set up both current and saving Business Bank Accounts. There are many Business banking facilities accessible offering varying rates of interests and benefits.
How to find the Best Current Account for You
To find the best current accounts or the current account for you make certain that you look around. Every current account offers differing incentives, overdraft limits and rates as well as with the frequency of interest paid. You can compare the functionality of every current account making sure you decide on single that suits your circumstances.

Savings Accounts
Savings Accounts
A savings account lets someone to deposit money for the purpose of building up funds over a period of time. The Bank or Building Society that supply the account will pay interest on the balance of the account which will change from provider to provider. A savings account may be held by one or more people.
Instant Access Savings Account
Instant access refers to a bank or building society savings account which offers the customer the facility to make transactions without giving notice. Some instant access accounts come with a cash machine card allowing you to access your money 24 hours per day however generally there will be a limit on how much you can take out. If your account is with a bank or building society with branches you can withdraw cash from your local branch and if an internet only bank you can access your savings account by transferring to a nominated current account.
Cash Individual Savings Account (ISA)
A Cash ISA is a tax free savings account and is a popular way of investing or saving money. It is simply a savings account, usually with a really good interest rate, which enables the account holder (who must be aged 16+) to save up to £7,200 per tax year (2008/09) without having to pay tax on interest earned over that period.
Regular Savings Account
A regular savings account demands you to save money on a frequent basis, consequently investing money, as a rule a set amount into the account each month. There is normally a minimum and maximum deposit limit stated when you open the account.
High Interest Savings Account
A high interest savings account is a bank account used for saving funds in which a higher amount of interest is paid to the account holder on cash deposited within it, than payable within a normal savings account.
Offshore savings Account
An offshore savings account is a savings account held overseas usually in the Channel Islands, the Isles of Man and Ireland. They allow you to deposit money and earn interest without the automatic deduction of Income Tax. They work in very much the same way as onshore savings accounts in that you can withdraw cash or write cheques. Interest is paid gross without income tax being deducted although the interest still has to be declared as income on your self assessment tax return.
How to find the Savings Account for You
To find a good savings account or the savings account for you make sure that you look around. Each savings account has differing criteria from paying interest on a monthly to yearly basis, flexibility to access your account and interest AER and these may be different depending on your situation. You should compare the functionality of each savings account making sure you select single that matches your circumstances.
Investments
High Risk
Equity funds (Investment trusts, unit trusts, OEICs)
A pool of investors' money invested in a mix of equities selected by a fund manager. Spreads the risk and cost of investing in the stockmarket. Potential for high returns but also high risk. Capital is not secure.
Medium Risk
Corporate bonds
When you invest in a corporate bond you are lending money to the company. You get a fixed rate of interest and the company undertakes to repay your capital at a set date in the future. The value of the bonds can go up or down. The guarantee that your investment and any growth will be returned is only as good as the financial strength of the company you're lending to.
With-profits funds
Most combine equities, cash, property and bonds to give more growth potential than a deposit account. The fund is managed so that growth (or profits) is aimed to be distributed evenly over time - this is called 'smoothing' and reduces the risk of investing directly in these assets.
Income Bonds
A guaranteed or variable income over a fixed term - typically three to five years - paid annually or monthly.
Property
Investment in commercial property. Investment returns from rents and capital appreciation/depreciation
Low Risk
Premium Bonds
Each individual bond is put into a draw every month for the chance to win from between £50 and £1,000,000 cash tax-free. You might not win big, or at all, but your capital investment is 100% guaranteed as it is backed by HM Treasury.
Deposit Account
Slightly greater potential return than a current account with the interest being added to your account monthly, weekly or daily.
Gilts (UK Government bonds)
When you buy gilts, your money effectively acts as a loan to the UK Government, going towards road maintenance, schools and the like.Capital is secure and repaid at the end of the specified term. As the value of gilts does not fluctuate as much as corporate bonds, they are the most secure type of bond.
ISA
ISAs are the government's way of encouraging you to invest in stocks and shares by allowing tax benefits. Many people think of ISAs as investments in their own right. However, in the simplest terms, they are tax-efficient 'wrappers' that are placed around further investments to give excellent tax benefits, in addition to those potentially provided by the same investments if they were held direct.

Pensions
Stakeholder Pensions
A Stakeholder Pension is a low cost pension that has to adhere to government rules on charges, access and terms, offering complete simplicity and transparency.
Pension Scheme
A pension scheme is a Pension arrangement that is generally arranged by a company for the benefit of the employees.
Pension Funds
A pension fund is a pool of assets bought with contributions to a pension plan by individuals who are investing finance with the intention of creating a retirement income.
Work Pensions
A work pension or company pension is a pension that you accumulate during your working life in conjunction with your employer. Working pension schemes usually require you to make regular pension contributions based on a percentage of your salary and the employer will in most cases match the level of contribution that you make.
State Pensions
A State Pension also know as a Government Pension or Old Age Pension is a pension that is accumulated during an individuals lifetime and paid, by the government when they reach state pension or retirement age. A state pension value is based on the individual's National Insurance contributions (NI) made throughout his or her working life.
Pension Release
A pension release plan, sometimes called pension unlocking, enables an individual to release money from my pension plan and in particular release cash from my pension plan in a much more flexible way than the standard Annuity. For example if you are looking for early pension release then the individual member can immediately release funds from my pension and gain access to the tax-free lump sum of up to 25% of the value of their overall pension release fund without the need to take regular income. The balance of the pensions release funds within the pension are then invested into a managed portfolio from that you are then able to draw income from the pension investment. Pension Release is a really specialist product and you should always seek pensions release advice or pension release help from an Independent Advisor.
Pensions Tax
Pension tax is the rate of tax payable on a pension annuity income, as a rule deducted by the annuity provider before payment of the net annuity amount.
Self Invested Personal Pension
A SIPP or Self Invested Personal Pension is a type of personal pension scheme that gives individuals control over the investment decisions that control how their funds are invested. Self Invested Personal Pension schemes carry the same limits and restrictions as regular Personal Pensions but traditionally, because of relatively high flat-fee charging structures, they have often only been suitable for individuals with fairly large pension funds. However SIPPs with lower fees have recently been introduced which have made them accessible to a wider range of people.
Private Pension
A private pension is a pension that an individual arranges on there own behalf and is not connected in anyway to the individuals employer. Retirement incomes offered by private pensions will vary from provider to provider and are wholly dependant on the investment choices of the individual, the investment performance of the funds, the level of contributions made by the individual and the level of charges applied by the provider.
How to find the Best Pension for You
To discover the best pension for you make sure that you look about. Each pension company will be different in both charges and investment performance so it is important that you get the right pension for your requirements. You can try and compare the market to get a good comparison rather than just accept the initial pension advice you receive.

Annuities
Would you like to increase your retirement income with a cost effective pension annuity that pays out more money? We can simplify your search of the cheapest annuity pensions and compare the best annuity rates in the UK to find out which annuities provider can make your retirement wealthier. Search and change your pension annuity online now to maximize your retirement income and make your new-found freedom as affluent as you can. It will take you only minutes to discover which annuity pension in the UK can make your retirement the time of your life. It's fast, free, without obligation and secure.
Finding the best annuities is easy with us. A pension annuity is a regular retirement income that is paid to a person by a life company in exchange for a lump sum. Annuity payments can be either regular amounts paid at regular intervals for life or larger sums paid less often.
Annuities in the UK can be grouped into two areas: an annuity that is taxable as earned income and is bought from a pension scheme (known as a Compulsory buy Annuity) or an annuity that is taxed at a lower rate than a Compulsory buy Annuity due to it being bought with a person's own capital (known as Purchased Life Annuity). Whether it's a Compulsory buy Annuity or a Purchased Life Annuity you require, it makes sense to buy the cheapest annuity that pays out the highest return.
What is a pension annuity rate?
A pension annuity rate in the UK is the annual retirement income paid to you by an annuity provider. Annuity pension rates can change for men and women of the same age due to life expectancy.
Women are generally expected to live longer than men so their annuity rates are more often lower than that of a man. The age at which you start your annuities in the UK also affects your retirement income. Pension annuity rates will increase the older you start due to your decreased life expectancy. Whatever age or gender you are at retirement it is not too late to shop around and buy the cheapest annuity pension with the highest return. Make your future more enjoyable and care free by increasing your retirement income today.
Fixed Annuity
In the UK, a fixed annuity guarantees how much the payments of your retirement pension will be, but the payments are likely to be smaller than if you go for a variable annuity. By going for a fixed UK annuity, you make certain pension payments are not dependent on the vagaries of the stock market.
Impaired Life Annuity
If you contribute to a UK pension fund and have certain health problems, you may qualify for an impaired life annuity. In the UK, an impaired life annuity is designed for people whose life expectancy is reduced.
Variable Annuity
In the UK, a variable annuity enables you to prefer where to invest your money. The value of your pension depends on the performance of your investment. This can be a complicated area, so if you are considering a UK variable annuity, it is crucial that you get professional advice.

Debt Help
IVA - Individual Voluntary Arrangement
Description
An IVA is an arrangement with your creditors / the people you owe money to. It's entered into with the guidance of an Insolvency Practitioner, who will work to make the agreement of your creditors to a repayment proposal.
Eligibility
Typically holding consumer debts of £15,000 or more, you will be struggling to meet current repayments to your creditors. You possibly will be able to pay a certain reduced amount per month towards your debt, or you may be able to release a lump sum of equity through remortgaging your home or sale of another asset.
Advantages
Takes the pressure off
one affordable payment per month to your creditors
A large portion of your debt can be written off
Fixed repayment period (normally 60 months or less)
Creditors freeze future interest and charges
Less stigma and publicity than often caused by bankruptcy
You are involved in the choice of assets made available to creditors
Disadvantages
commonly only suitable if you have £15,000 of unsecured debt or more
During the IVA active period you will be unable to raise extra funds without the permission of the arrangements supervisor
The IVA might appear on your credit file and affect your future credit rating
Should the IVA fail, you might still be made bankrupt
70%, in value, of your creditors who vote (on the proposal) must agree to your proposed arrangement.
Trust Deed (only available in Scotland)
Description
A Trust Deed is an agreement with creditors. It's entered into with the assistance of an Insolvency Practitioner.
Eligibility
Typically carrying consumer debts of £5,000 or more, you will be struggling to make current payments to your creditors. You may be able to pay a certain reduced amount per month towards your debt, or you may be able to release a lump sum through remortgaging your house or the sale of another asset.
Advantages
Takes the pressure off
single affordable payment per month to your creditors
A large level of your debt possibly will be written off
It may be possible to make more favorable arrangements than under sequestration to retain assets like the family home
Fixed repayment term (normally 36 months)
Your creditors cannot take further action against you, arrest your earnings, or continue to charge interest
Trust Deeds are generally more flexible and cost less to administer than sequestration.
Disadvantages
Home owners could be forced to sell if creditors cannot be paid from further sources
Debtors cannot trade on their own account or hold directorships of a limited company
Existing arrestments and other diligence continue to be effective
The arrangement is binding on you as well as your creditors
If you were to default on the arrangement then the Insolvency Practitioner can petition for your sequestration
Debt Management
Description
Your monthly income and outgoings will be assessed. Based on your surplus income available to pay creditors, your debt management advisor can negotiate with them to agree a lower regular payment. Your debt management advisor also deal with correspondence from your creditors on your behalf. You make single affordable payment per month that is distributed to your creditors.
Eligibility
You may be struggling to make current repayments to creditors. Your debt level may be below the quantities usually required to enter an IVA (or Trust Deed in Scotland). You must have a certain amount that you can pay on a regular basis to remove your debt.
If you could afford to pay £100 per month or more, a debt management plan could be a good option for you.
Advantages
Takes the pressure off
Your debt management consultant will try to negotiate to reduce or freeze your interest payments
Good option for people who can afford to make regular payments to their creditors and want an easy, hassle free way to pay
Disadvantages
If you miss payments on a credit debt, this will be recorded on your credit reference file by your creditor. This will usually make it difficult for you to obtain credit in the future.
Some creditors might ask for a note to be placed on your credit reference file to say you are on a Debt Management Plan
A Debt Management Plan requires long term commitment from you to pay off all outstanding debt which can take many years dependent on the amount of debt and disposable income
Get Out Of Debt Guide
Debt can create no end of stress and worry. It can have even more devastating consequences if you bury your head in the sand. It will get out of control and before you know it you'll feel like a prisoner of debt with no means of escape. Debt is not a life sentence. There is a way out...

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