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Credit card map of Britain revealed - what do people in your area look for?Derbyshire TimesDan Plant, editor-in-chief, MoneySuperMarket, said: “Credit cards can help you save money when managing debt, borrow new funds, build your credit rating or earn rewards for spending. However, you need to select the right type of plastic, and then use ...
This is MoneyCould a lifeline for older borrowers unable to repay interest-only mortgages be about to arrive?This is MoneyAn interest-only mortgage time bomb has been ticking for several years now and there are fears it's about to go off. We've known trouble has been coming since about 2008, but the City watchdog is now so worried about the number of people at risk of ...and more »
The SunWhat does Toys R US' bankruptcy mean for customers in the UK?The SunYou could also use a 0 per cent credit card, which will allow you to spread the cost of your Christmas purchases without being charged interest. And of course - you could always save up the cash and buy presents that way too.and more »
The GuardianPublic inquiry needed into UK's £200bn debt crisis, say senior MPsThe Guardian“Debt is a huge emotional burden for people,” said Nicky Morgan, the Conservative MP who chairs the Treasury select committee. She added that “unstable personal finances” often emerged as problems raised by her constituents in Loughborough.
The GuardianCar finance: the fast lane to debt?The GuardianWhile credit cards and personal loans make up the bulk of a £200bn debt mountain accumulated by British consumers, car finance has seen the fastest expansion. The second most expensive purchase in the majority of people's lives, after buying a home, ...and more »
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Getting financial advice

It’s time to review your finances and make sure your money is working as hard for you as it possibly can. Somewhere out there are the right financial products for you but unless you have the mind of a forensic detective and understand the complexities of everything from insurance and pensions to hedge funds and derivatives get sound financial advice.

If you don’t already have someone in mind as an adviser one of the best ways to find someone good is to ask family, friends or colleagues for recommendations. You want someone who’s independent so that he or she can give you impartial advice about the whole range of products on offer. If you choose an adviser who isn’t independent they can only advise you on the products they work with. Some advisers specialise; if you want advice on pensions you might want and adviser who is a pensions specialist. Ask about the qualifications of anyone you are thinking of seeing.

The other question you have to ask is about how you pay for the service. You may choose an adviser to whom you pay fees upfront. Fees vary hugely so find out before you book your appointment. Try haggling to get the fees reduced if possible and ask for the first session to be free so that you get the chance to decide whether or not you have a rapport. The other option is an adviser who gets his or her fees through commission which you ultimately pay for because it’s added to the cost of the product you buy. Or you may pay for advice through a combination of the two.

Whoever you choose it’s helpful if you can build a lasting and trusting relationship which will make you both money for years to come. Remember that a financial plan made now needs to be reviewed frequently. What’s right for you in the current climate may not be right once the economy picks up again or if your circumstances change. The degree of risk you’re prepared to take with your savings and investments may be different when you’re single from when you’ve got a partner and children. Getting the right adviser is just the start of the process. 

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