Scott Nelson - Founder of MoneyNerd
Posts by Scott Nelson:
Is Non-Payment of Council Tax a Civil or Criminal Offence?
Are you worried about not paying your council tax? You’re in the right place for answers. Every month, over 170,000 people come to our website seeking advice on their debt problems. This article will explain: The average council tax debt among those seeking support from Citizens Advice has remained stable at ¬£1,100 over the last […]
Read more
Can I Use a Home Equity Loan to Pay Off a Mortgage?
Are you trying to find out if you can use a home equity loan to pay off a mortgage? We know this can be a confusing topic. That’s why we’re here to help. This article will explain: We understand that these matters can be tough to grasp. But don’t worry, we’re here to help you […]
Read more
Can You Pay a Fixed Penalty Notice in Instalments?
Fixed penalties normally require full payment by the stated deadline. If you cannot afford it, contact the issuer promptly and seek free debt advice. A court fine has a separate means and payment process.
Read more
Average Credit Card Debt in the UK
Welcome! If you’re trying to understand more about credit card debt in the UK, you’re in the right place. This article will give you a complete view of the situation. Each month, over 170,000 people visit our website for guidance on debt solutions. We’re here to help you make sense of things, too. In this […]
Read more
Manchester Bus Lane Fine – Pay or Appeal?
Have you received a Manchester bus lane fine and are unsure whether to pay it or challenge it? You’ve come to the right place for answers. Each month, over 130,000 people visit our website for advice on fines and parking tickets, so you’re not alone in this situation. We’re here to clearly explain: In 2021, […]
Read more
Best Debt Management Companies
Feeling stuck in debt can be scary, but don’t worry. We have created a simple guide to help you understand the best options for managing your debt in 2023. Each month, more than 170,000 people visit our website seeking advice on debt problems, so you’re not alone. In this easy-to-understand guide, we’ll explain: Paying off […]
Read more
Speeding Ticket Time Limits: NIPs, Payment and Court
Different deadlines apply to a NIP, driver-information request, fixed-penalty offer and prosecution. A late notice does not automatically end the case. Check which document you have and respond on time.
Read more
Home Equity Loan Pros and Cons
A home-secured loan can provide funds, but its cost depends on the product and circumstances. The property is at risk if required repayments are not maintained. Here’s what we’ll cover in this article: We understand that these topics can be tricky, but we're here to make them simpler for you. Home equity – quick recap! […]
Read more
Is ClearScore Accurate? Its Data and How to Dispute Errors
ClearScore gives you access to credit information from Equifax. It does not use Experian’s report, and ClearScore itself is not a credit reference agency. Different scores across the services do not automatically mean one is wrong. In this article, we’ll explain: Navigating financial difficulties can be challenging, and it’s common to feel unsure about seeking […]
Read more
Private Parking Tickets and Your Credit Record
A private parking demand alone does not appear as a CCJ. In England and Wales, an unpaid charge can lead to a court claim; a resulting judgment can affect credit unless removed under the applicable rules.
Read more
How to Get out Of a Secured Loan – Step-by-Step guide
This guide explains options when you want to repay or are struggling with a secured loan. The right route depends on the agreement, affordability and your circumstances. We know how worrying it can be if you’re in debt or concerned about the potential consequences of a secured loan. So, we’ve put together this step-by-step guide […]
Read more
Equity release problems: reported experiences and risks to check
Are you curious about equity release and how it works? We understand that the process may seem puzzling and maybe even a bit scary, which is why we're here to help guide you through it with clear, simple advice. In this article, we’ll explore: We know that your home is important to you and that […]
Read more
UK Pension Contributions: Minimums, Averages and Retirement Planning
A national average can provide context, but it cannot tell you how much you personally need to save for retirement. Pension contributions vary with earnings, scheme rules, employer contributions and how long someone has been saving. A contribution is money paid in; a pension pot is the accumulated value. They are different measures. What do […]
Read more
Speeding in Wales: Penalties, Notices and Challenges
Speeding in Wales can lead to a course offer, fixed penalty or prosecution. Check the current limit, including the default 20mph rule on restricted roads, and respond accurately to any driver-information request.
Read more
Speeding Fine Amounts: Fixed Penalties and Court Fines
The standard speeding fixed penalty is generally £100 and three points. Court fines depend on the jurisdiction, offence and circumstances; the England and Wales guideline also considers relevant weekly income.
Read more
Speeding Tickets: Prevention, Courses and Challenges
Keep within the applicable limit and drive for the conditions. If a notice arrives, respond accurately and on time. A course may be offered if eligible, while a lawful challenge depends on evidence and the relevant rules.
Read more
Can I Rent out My House with Equity Release? Property Laws
Are you interested in equity release but not sure if you can rent out your house once you've got it? It can be a bit confusing, but we're here to help. In this article, we'll go through: We understand that the process of equity release can seem daunting, but don’t worry; we have a lot […]
Read more
How Much can You Borrow on a Home Equity Loan?
Are you keen to understand how much you can borrow on a home equity loan? You're in the right place. In this article, we’ll explore: Borrowing limits depend on the property, existing debt, affordability and lender criteria. This guide explains the calculations and risks. Let’s dive in. Can you borrow money from your home equity? […]
Read more
Adding Home Improvement Loan to Mortgage – Problems and Pitfalls
This guide explains borrowing more on a mortgage for improvements and refinancing an existing home-improvement loan. Compare the full costs and home-security risks. It's clear that you are not alone in this journey. In this guide, you’ll learn about: We understand that loans can sometimes be confusing. That’s why this guide is made simple and […]
Read more
Interest-payment lifetime mortgage rates: how to compare quotes
This guide explains how interest-payment lifetime mortgages work and how to compare a current personalised quote. This guide explains the main options, conditions and risks to discuss with a qualified adviser. In this guide, we’ll look at: Compare the product’s full costs, payment obligations and alternatives with a qualified adviser. How is interest calculated on […]
Read more