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Helping your plan for tomorrow… today.


ALL BANKING PRODUCTS

From our current account that likes to thank you as you spend, to our travel money delivered wherever it's most convenient for you, we aim to give you banking how you want it. A loan gives you the money you need upfront and lets you spread the cost of paying it back. So whether it's a special holiday, a car or a brand new kitchen, a personal loan can make it even more affordable.


how we can help you

INSURE

Whether you are protecting your car, your pets, your house, or just want to be safe on your travels, we’ve got a comprehensive array of insurances with options that allow you to tailor your cover to your lifestyle.

SAVE

Our range of savings accounts may give you competitive rates and easy access, while our ISAs offer tax free saving for you and your children.

BORROW

Whether it’s to help manage your spending, spreading the costs of a one-off purchase, or the serious business of buying a home, we’ve got it covered.


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Personal loans with great rates

Get the spending power you will need with a great low rate of 3.1 percent APR representative on loans out of $10,000 — $25,000 for terms 1 — 7 decades, and you can plan your finances with confidence, knowing that the monthly payments are always the same.

  • An instant decision when you apply online
  • Fixed monthly payments on your chosen date
  • Up to 10-year loans available.
Home Insurance
90%
Pet Insurnce
80%
Travel Insurance
70%

Our Blogs

Top Tips for Getting Through a Financial Crisis

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Many people go through a financial setback at one point in their lives. Some common causes can be the loss of your business or your job, overspending, unforeseen expenses, illness or even addiction. Regardless of the cause, the soonest you take action the better.

Accept the situation and figure out what went wrong

You are going through serious financial problems and denying it will only make you spend more and sink more deeply. Though things may look bad, don’t lose your hope. If the financial crisis is due to the loss of your job, don’t stop searching for a new one.

If your difficulty is due to overspending, you need to be honest with yourself and cut down all unnecessary expenses.

Take an inventory

You need to know what resources you have, what your monthly income is if any and your monthly expenses. What is your debt, the monthly pays and how late are you in making those payments? Write everything down, so you have a clear picture of your situation.

Get professional help

No, you shouldn’t pay a lot of money to various financial consultants because you clearly can’t afford it. But since you got in a difficult situation you can’t rely on yourself either. The best option is to get free but good advice from one of the debt charities, like Step Change Debt Charity.

They will give you the best advice for free and will provide solutions like making a debt management plan, individual voluntary arrangements, debt relief orders and others. These tools are made to either allow you to pay as little as you can on a monthly basis to cover your debt, or to postpone any payment for 12 months if you qualify.

Solve your immediate financial necessities

If you need money for a short period to cover unforeseen expenses but you don’t have any savings you can get a payday loan that will solve your problem.

You can typically get less than £5,000 but the approval process is very quick, and there are not many conditions to apply, but you do have to be employed. It is a very short-term loan, and some lenders go as far as 30 days.  One of the best sites that allow you apply to several lenders is https://www.badcreditsite.co.uk/apply-now/.

Make a plan and stick to it

Once you know what you need to do, don’t derail from your plan. Overcoming a financial crisis is a long-term endeavour and, as painful as it gets sometimes, you need to make sure you see it through.

Role of Money in Economic Development of Developing Countries

Money in Economic Development
Economic development is believed to be dependent on the growth of technological progress, capital accumulation, and increase in quality and skills of the labour force but money is more of a veil and what matters is the goods and the productive factors which money can buy. In today’s world, money stands as a standard of value with which other things in a country can be measured. It is valued so much as it serves as a medium of exchange, we can use the currencies to purchase various goods and services. It influences price ranges, patterns of consumptions, investment, saving, and employment rate.

Money in Economic Development

Economic growth and welfare:

For a country to have improved economic growth, there must be an exchange of goods and services. When trading happens, the volume of transactions increases. The demand for money grows as transactions intensify. So, if enough money is not supplied to meet the demand, then the economic growth of a country will decrease.

With money, the producers and consumers can spend resources with some degree of rationality. They also get the freedom of choice of production and consumption. The optimum standards of living of people are affected by the availability of resources and technology, and in the absence of money, it is very difficult to achieve economic welfare.

Investment in un-utilized resources and projects:

It is believed that if there is an increase in the supply of money to a developing country, then the prices would increase and cause inflation. But this is not always true; the additional money can be used for projects which work on the un-utilized land and recourses.  A lot of resources get wasted and many are not utilised properly. Projects like land reclamation schemes, flood control, irrigation facility, development of cottage industries, anti-soil erosion measures, etc. can be focused on to increase the economic growth of the country.

Promoting investments:

Money can play a crucial role in stepping up the rate of investment and capital formation. First of the government of a developing country must encourage its citizens to break the subsistence nature of living. When a county starts to have more money, the investment rates becomes more than the savings rate and thus enabling the country to grow better. When proper monetary policies are brought about in the country, people will be encouraged to invest in various things and stop hoarding for themselves.

A medium of saving:

Since money acts as a standard measure of value, it makes the economic calculations quite simple. If the citizens of the country want to save their resources, then they can convert their resources and services into money and save it in a bank or somewhere else. Barter system being outdated and inconvenient makes money a standard medium of exchange which is accepted universally.

5 Money Principles you Need to know

Money Principles
We hear many people saying how finances must not be the highest priority in life, but money plays a significant role in altering our lifestyle, and we need to use it as a tool to shape our living. Depending on how we use this tool, it can either bring joy to our lives or make us slaves and bring destruction.business and innovations have been developed as they had enough funds to support them. On the other hand, when money was not used as a tool, friendships have been ruined, and lives were destroyed due to illicit gains. It is essential to understand that we must own our money and not the other way round.

Money Principles

 

The following are some of the money principles you need to know:

Never allow yourself to fall into debts:

Debt is the enemy of our financial plans. If we start to borrow money thinking that it is only a small amount, the practice will slowly grow and consume you entirely. Money compounds positively when we save and invest but it multiples in a negative manner when we start getting debts. So, we need to have a firm mindset that we should never borrow money in any circumstance.

Always save and invest:

Never spend more than what you make. Have a proper financial planning and monitor your expenditures wisely. When you start to spend carefully, you will always have money left until the end of the month, and there will not be any situation where you need to borrow from someone to meet your needs. When proper financial planning is done, you will have enough money left for saving and investing.

Know where you stand financially:

Understanding where you are economically is very important to plan your future. If you do not know where you stand on your finances, you will have no clue on which direction to go, to achieve your goals.  Only when you know what your expenses are you will be able to spend accordingly and save the rest.

Get help from professionals:

Planning our finances are challenging, and none of us are experts in monitoring our expenses. Thus, we always need to seek help when we need. When you are caught in debt, it is always advisable to find support so that you can come out of that. Depending on your current status, you can get help from your friend to keep you on track or get professional help from financial advisors and never let your pride get in the way.

Financial planning:

You may never go anywhere in life if you do not have a plan. When you are not aware of what you are going to do with your money you tend to spend it unnecessarily. Once you are out of debt, you will need a proper plan to set you on the right track. Set realistic plans and make sure you motivate yourself to achieve the goal you have set.


Benefits

Repay your loan over 1 to 10 years.

Two-month payment break option for eligible customers.


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