May 2016

Thinking about accessing your pension?

So you want to exercise your new pension freedoms, but do you know what the exit fee will be?

Currently those wishing to access their pension pots can be stung with exit fees reaching up to 20% of the value of their savings, though many lenders have capped fees to 5%. 

Debt Advice Foundation now member of NHAS

Debt Advice Foundation is delighted to announce that we have been given full membership of the National Homelessness Advice Service. 

This means that the charity can offer a more holistic service, with our advisers able to receive extra training on all aspects of debt including that caused by homelessness and housing issues.

What are the different types of vehicle finance?

It is one of the most common reasons for taking on credit, but do you understand what kind of car loan you have? 

Google bans adverts for payday loans

The search engine will no longer allow ads for loans where repayment is due within 60 days.

The update is set to be enforced from July 13th 2016.