Posts

Showing posts from June, 2022

Get Help and Advice for High Utility Bills Debt

Image
Utility bills are one of the biggest sources of debt in the UK. In fact, according to a recent report, utility bills are the second biggest cause of debt after mortgages. This is a problem that affects millions of people in the UK, and it can be extremely stressful. If you’re struggling with utility bills debt, there are a few things you can do to get help. In this blog post, we’ll explore some of the options available to you. Utility bills are the monthly or quarterly bills that come from the utility company. These bills can be for electricity, gas, water, and other utilities. Utility bills help you track how much you spend on utilities every month so that you can plan ahead and make sure that you have enough money to pay them when they come due. Common causes of high utility bill debt You face the risk of accruing energy debts if you don’t pay your gas and electricity bills on time. There are a lot of reasons why someone would fall off on their Utility payments. Here, we look at a fe

Bounce Back Loan Repayment - Pay As You Grow

To assist businesses in returning to regular trading, the government has announced Pay As You Grow options for Bounce Back Loan debtors. Pay As You Grow may allow you to repay your loan over a longer period of time and with greater flexibility.   ●      Pay As You Grow solutions do not require you to be in financial distress. Customers that have a Bounce Back Loan are eligible for them.   ●      No capital repayments are required for the first 12 months of your Bounce Back Loan, and interest payments are covered by the UK Government's Business Interruption Payment. We'll collect repayments and levy interest when this time period has passed.   ●      Before we accept your first payment, you can choose your Pay As You Grow alternatives utilizing online for business. Throughout the term of your loan, you can choose from a variety of options.   Some repayment options are available for Bounce Back Loan under Pay As You Grow   Option 1: Request an extension of yo