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What is a Debt Management Plan (DMP)? A Debt Management Plan, often referred to as a DMP, is a structured strategy for managing your unsecured debts. It is a flexible arrangement designed to help individuals who find themselves struggling to meet their non-priority debt repayments. To know more about this, here are some things about […]

Can I get a Mortgage with Credit Card Debt? Yes, you can secure a mortgage even if you have credit card debt. But, the true answer is more nuanced and depends on a variety of factors. Primarily, the amount of credit card debt you have comes into play. The greater the debt, the more of […]

Is a Bad Credit Mortgage Possible for the Self-Employed? Yes. Getting a mortgage while self-employed with bad credit is indeed possible. But we won’t sugarcoat it, the path may not always be straight or smooth. Moreover, some lenders specialise in handling non-standard mortgage applications, including those from self-employed individuals with bad credit. They usually evaluate […]

Can You Get a Mortgage in Scotland with Bad Credit? Yes, you can. In Scotland, even if you have credit problems, you can still qualify for a mortgage. This includes situations like having no credit history, a low credit score, late or missed payments, court judgments, or even having been declared bankrupt and now discharged. […]

What is a Mortgage Rate? A mortgage rate is the interest you’re charged for borrowing money to buy a house. It’s a percentage of the loan you take out from a bank or a lender. The rate you get can greatly affect how much you end up paying back overall. How Do They Work? The […]

What Does a Bad Credit Mortgage Calculator Do? A bad credit mortgage calculator is a simple-to-use tool that offers insights for individuals with a poor credit history.  It indicates the amount you might be able to borrow and the kind of interest rates you could face, given your credit background. Here’s how it works: Be […]