Finance

The Pros and Cons of Debt Consolidation

For anyone struggling with debt, consolidation appears to be an attractive proposition.  Debt consolidation replaces existing loans and debts with a single loan, leaving just one payment to make each month.   Whilst borrowing more money to get out of debt does not sound like a logical solution, debt consolidation can sometimes prove surprisingly economical over the long term. Unsecured borrowing …

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The Child Trust Fund – Investing in Your Child’s Future

A Child Trust Fund, or CTF, is a savings account that has been designed for parents of young children. The account belongs to the child and any money saved can only be withdrawn by the child once they turn 18. In a bid to help start the savings account, the government awards any child born on or after 1 September …

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