Why use Gocompare.com for your money products?
By their very nature financial products are complex and the prospect of reviewing your money matters can be quite daunting. But our research shows comparison sites are helping people become more money conscious and feel more empowered when making financial decisionsJohn Miles, Gocompare.com
Why you should consider reviewing your finances
We are a nation who simply do not want to discuss our money worries, and much of our personal lives are off limit even to our nearest and dearestCatherine Stewart, savings expert at Scottish Widows
Should I consider a payday loan?
Payday loans should be treated as an absolute last resort. They can be an incredibly expensive way to borrow and we've uncovered a long list of poor practice by lenders. A temporary overdraft extension can be a much cheaper, safer way to borrow, so if you're struggling to get to pay day then the first thing you should do is talk to your bankRichard Lloyd, executive director at Which?
Should I rent or buy a property?
The cost of stepping on or moving up the housing ladder can be a big barrier for many, but the long-term benefits hugely exceed the initial expense. Not only will you save money by becoming an owner-occupier, but you will also own a substantial asset once your debt is paid off, providing financial security for your old ageAndy Gray, Barclays
Should I switch cards?
Switching card debts to a 0% balance transfer deal is an effective way of reducing the amount you owe. Alternatively, switching to a card with a low interest rate for the lifetime of the balance transferred may be a better option for people who are unlikely to pay off a significant part of their debt during a 0% interest-free periodJohn Miles, Gocompare.com
Are credit builder cards worth considering?
Credit builder cards can come with horrendously high interest rates... But if you spend a manageable amount on the card and pay off your full balance every month, you won't be stung by any interest charges. You'll also demonstrate to the banks that you're now a prudent money manager and your credit rating will gradually improveEd Bowsher, Lovemoney.com