What does the statement "Write off your debts legally" really mean and is there really such a thing as a "loophole" that allows you to get your debts written off? (…)

Mis-sold PPI is one of the biggest rip-offs carried out by the UK banks but over 90% of people are now successfully claiming it back. Want to be one of them? (…)

I can now check my credit score by doing a free credit score check online. My free Experian credit report gives me peace of mind that my credit rating is still good. (…)

With everybody looking for a safe haven for their cash, it’s not surprising that half of the new money flowing into NS&I (National Savings & Investments) is going straight into Premium Bonds. (…)

Declutter your home and you declutter your life.  And nowdays it's just so easy to make money from your old stuff that it makes more and more sense to get rid of things that you no longer need and free up some cash for new stuff. (…)

It's the question on the end of everyones lips at the moment - "Are my savings safe?". And quite rightly so, what with Northern Rock having to be bailed out and the Royal Bank of Scotland together with the Halifax having to merge with Lloyds TSB. Not to mention some massive US financial institutions hitting the rocks. Every sensible saver should be asking themselves, "Is my money safe?" Well, here's how it currently stands…

There is a statutory scheme called the Financial Services Compensation Scheme (FSCS), but it only applies to regulated financial organisations…

The Pensions Credit is an entitlement for people aged 60 that guarantees everyone a minimum weekly income.

Until October 2008, as well as getting the extra money each week, if you apply for the Pensions Credit and are eligible you may also receive a backdated payment of up to 12 months money.

After October 2008 this drops to 3 months backdating so claim now so you don't miss out on this money.

Unfortunately many people do not apply for the benefit as they find it confusing or intrusive, in fact there are thought to be about 1.5 million people that are entitled to the money but are not claiming, so if you, or your friends and family, are over 60 please check to see if you could getting this extra money…

Credit Cards are better than debit cards
This may surprise you, but you have more rights if you spend on a credit card than you do on a debit card, cash or cheque. Now don't rush to put everything onto a card costing a fortune in interest, but do consider some planning for the best of both worlds.

This right is for those who have no debts or can at least pay a specific card off in full each month, that way there's no interest charged, so you can get the benefit of extra rights without any cost (there are other benefits too such as earning cashback, cheaper spending when abroad, special protection for web spending and ID fraud protection too)
Section 75 of the Consumer Credit Act
Basically, when you use a credit card you are protected by the Consumer Credit Act. When you spend on a credit card, you're effectively entering into an arrangement to borrow (even if you pay off in full) then you get these rights, and this is why you don't get the same rights with debit cards…

These are specialist, super-speedy, mainly web based companies, which will take an old phone and give you cash. You go to their websites, tell them what the mobile model is, they tell you the price and if you accept they send you a jiffy bag to post it in. Better still, they pay much more than the ‘trade-in’ discount you receive when handing in your phone to a high street retailer.

What type of phones do they want?

Sadly, digging a mobile out of the wardrobe isn't a guarantee of decent cash. Your phone needs to be in decent working condition, have no more than mild cosmetic damage, the original battery, hopefully the charger, and be able to be switched on…

Did you know that you could save up to a fifth on your regular grocery bill just by selecting different items but without compromising on what you want?..

Is your family income under £66,350? If so, you may be entitled to benefits and tax-credits. Many are simply unaware of their eligibility, including a million plus low income pensioners who sadly fail to collect their pension credit. Yet it's easy to do a five minute benefit check up, using a special web-calculator for the under and over 60s…

Why go straight to one shop, when you can pop into 20 at the same time? Use a ‘shopbot’ and you can find the cheapest price on the web in 30 seconds. Do this for all online shopping and you could cut costs by 30% a year, especially if you use the host of other online shopping cost cutting techniques too…

Given the opportunity, it may seem the obvious decision to pay off your mortgage early. But is it? Unfortunately it’s not that simple, there are a number of things to check first…

Need some money to tide you over? What’s the best way to get it – a bank loan or cash from the credit card? You’d think it was obvious, right? But as you’ll soon discover, the obvious choice is not always what you’d expect…

When you are looking to get a loan there are a few things that you should know or should consider before you sign. You want to make sure that you are going to get the best possible deal you can when looking for a loan and you want to know you are going to be on a plan that is going to work better for you in the long run. For example, many people consider placing all their debts into a single lump sum using a consolidation loan, which may actually prove to put you in a position that is worse than…