What is defaulting?
Defaulting means your lender has formally recorded missed payments on your credit report. Learn what happens next and how to take back control.
BorrowingNews and tips on credit cards, loans, mortgages and other money matters
Latest
What is Breathing Space?
Breathing Space is a free scheme that pauses debt collection for 60 days. Learn how it works and whether you could benefit.
Income & Schemes
What happens when debt is sold to a collection agency?
What happens when debt is sold to a collection agency? We explain the process, your rights, and what to do next.
Money Management
What are priority bills?
Not sure which bills to pay first? Find out what priority bills are, why they matter, and what to do if you're struggling to keep up with payments.
Money Management
Can I get a phone contract with bad credit?
Bad credit doesn't mean no phone contract. Find out what affects your chances, what options you have, and how to improve your credit score.
Borrowing