Personal Finances Articles

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  • SafetyNet & Tappily loans are written off
    by Sara (Debt Camel) on March 16, 2024 at 2:42 pm

    The administrators of Indigo Michael Limited have announced that all current SafetyNet Credit and Tappliy balances are being written off. And that any affordability complaints have to be made within the next few weeks. My previous article SafetyNet Credit goes into administration gives details about why the lender failed. And also why, unusually, it was The post SafetyNet & Tappily loans are written off appeared first on Debt Camel.

  • Amigo’s Scheme – mid March – more delays to payments
    by Sara (Debt Camel) on March 14, 2024 at 4:00 pm

      UPDATES 14th March 2024 – Amigo comes clean on payment timetable Decisions: Amigo has now crawled up to 91% of decisions issued. So it will be missing the target of 95% of decisions issued by mid March that it set 2 weeks ago. they now say they expect to issue 95% of all decisions The post Amigo’s Scheme – mid March – more delays to payments appeared first on Debt Camel.

  • Morses administration – what is happening to loans
    by Sara (Debt Camel) on March 13, 2024 at 5:33 pm

    Morses Club went into administration in November 2023. Morses Club was the largest doorstep lender in the UK after Provident stopped lending in 2021. See Morses Club goes under for details about why it failed. In March 2024, the administrators have sold or written off all outstanding loans. This article looks at what has happened, what The post Morses administration – what is happening to loans appeared first on Debt Camel.

  • DROs – major improvements introduced in 2024 Spring Budget
    by Sara (Debt Camel) on March 6, 2024 at 4:00 pm

    In a Spring Budget that was short on surprises, the Chancellor pulled a large rabbit out of the hat for debt advisers and some of their clients – big changes to the rules for Debt Relief Orders (DROs). DROs are a form of insolvency for people who have little or no spare income to be The post DROs – major improvements introduced in 2024 Spring Budget appeared first on Debt Camel.

  • The new DRO hubs – what happened in 2023
    by Sara (Debt Camel) on February 14, 2024 at 8:02 am

    In January the Insolvency Service published data showing how the volumes of Debt Relief Orders (DROs) done by advice agencies changed in 2023, see Monthly IS statistics Jan-Dec 23, Table 3.2. In February 2023, the two new MaPS-funded DRO hubs began operating. These are run by Citizens Advice and Money Wellness (called Benesse Advice in The post The new DRO hubs – what happened in 2023 appeared first on Debt Camel.

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  • Tips to Save Money and Live Wealthy
    by themoneyshed on June 1, 2023 at 2:05 pm

    Money is a valuable thing. It allows us to live our lives and do the things that we want to do. But it can also be difficult to manage when you have little of it. It’s important that you do what you can manage your money wisely so that you can live the life of The post Tips to Save Money and Live Wealthy appeared first on The Money Shed.

  • 8 Unique Items You Didn’t Know You Could Buy with Bitcoin
    by themoneyshed on May 10, 2023 at 10:19 am

    Bitcoin is more than just a trendy buzzword – it’s a digital currency with a world of possibilities. Its versatility has opened up the door to purchases beyond the realm of the ordinary. While some may think of bitcoin as just a tool for buying goods and services, it has become so much more. In The post 8 Unique Items You Didn’t Know You Could Buy with Bitcoin appeared first on The Money Shed.

  • Profitable Trading: How Traders Make Money in Any Market
    by themoneyshed on May 10, 2023 at 10:12 am

    Profitable trading refers to consistently making money from buying and selling financial instruments such as stocks, currencies, commodities, and derivatives. It is a skill that requires a combination of knowledge, discipline, and experience.  Understanding how the markets work, what drives price movements, and how to manage risk effectively to become a profitable trader is essential. The post Profitable Trading: How Traders Make Money in Any Market appeared first on The Money Shed.

  • The Freelancer’s Guide to Becoming an Entrepreneur: How to Overcome Challenges and Succeed
    by themoneyshed on May 2, 2023 at 2:14 pm

    If freelancing has been working for you so far, you may want to take things to the next level and launch your own business. By doing this, you get the potential to earn a lot more money, gain greater control of your work, have more opportunities to grow, as you can constantly expand your business, The post The Freelancer’s Guide to Becoming an Entrepreneur: How to Overcome Challenges and Succeed appeared first on The Money Shed.

  • The Benefits Of AML And KYC And How It All Works In The UK
    by themoneyshed on May 2, 2023 at 2:04 pm

    As the financial industry becomes increasingly more intertwined with digital and technological advancements, the possibility of falling victim to financial crime grows more ominous than before. Experts have forecasted that cybercrime will be one of the biggest threats throughout 2023. To take action, regulatory authorities are emerging with AML (Anti-Money Laundering) and KYC (Know Your The post The Benefits Of AML And KYC And How It All Works In The UK appeared first on The Money Shed.

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