Do you know how much you have left at the end of each month? Do you need to send an income and expenditure to a creditor? We've got you covered. Our budget planner provides you with a simple and free way to view and track your spending.
Terminology.
Wondering what a word means? We've got that covered too.
We try to keep the jargon to zero but there are words that you will need to know the meaning of. Did you know the word "mortgage" means "death pledge" in Old French?! Spooky. Anyway use below to find words that you may not understand the meaning of. We got you.
E
Enforcement Agents
Enforcement Agents have another name you may be more familiar with, your friendly neighbourhood Bailiff. They are assigned by the court to visit your home to recover debts in the form of money or goods.
We at TRDG will show you how to handle these guys legally. Search Bailiff in the search bar to find some of our key articles, guides and tips.
Equity
Using property as the example, equity is the difference between the amount owed on your property and your property market value.
Here’s an example:
If your property is valued at £300,000 and you owe £250,000 on your property, your equity is £50,000.
In a state of panic?
You're not the first and you won't be the last to panic about debt. Your mind starts thinking all sorts. "Will I lose my house?" "Will a bailiff turn up at my door?" When managing your finances your mind should be calm. We have an article for you that will help you calm your mind first and then you can see how easy it is to understand your situation and solve it.