Prepaid payment cards are a fairly recent newcomer to the UK for saving money on. They have however been round quite a bit longer in the US. Basically they are pay-as-you-go debit cards. Money is loaded onto the card and it can be used to pay for purchases in shops, restaurants and online, or to withdraw money from a cash machine. You can only spend what has been loaded on to the card, so an important feature is that you can never get into debt. Read more »

Following the numerous base rate cuts over recent months, many borrowers have seen their mortgage repayments fall sharply.  As a result a number of banks have reported that there has been an increase in the number of homeowners that are overpaying on their mortgages each month as a means of saving money. Read more »

Life as a student is not all about managing course work, preparing for exams and enjoying an exciting social scene. Nowadays it is vital to manage your finances and avoid getting into a situation that could take years to repay any outstanding debts.

In doing this you must ensure you get the financial help that you are entitled to. This normally depends on your course, where you live while studying and your individual circumstances. However, the main types of help for new full-time higher education students in the UK include: Read more »

Barclaycard has today announced that it will cut interest rates for some of its customers after coming under pressure to do more to help those struggling with finances and looking for ways of saving money. It is also to freeze interest rates for at least four months for some customers. Read more »