Everyday Finance
Buying a Treasury bill: how a discount becomes a return
Understand how a Treasury bill earns a return, calculate a simple holding-period gain, and separate a maturity payment from an annualised yield.
MONEY, MADE UNDERSTANDABLE
Money guides
Everyday Finance
A Premium Bonds prize-fund rate is not your personal return
Understand what a Premium Bonds prize-fund rate measures, why individual returns vary, and how to compare it with interest-paying savings.
Understanding Borrowing
A mortgage recast changes the payment calculation without replacing the loan
A mortgage recast can reduce the required payment after a principal reduction. Learn which terms stay in place and what to ask your servicer.
Understanding Borrowing
When a loan balance grows despite regular payments: negative amortisation explained
Learn why a loan balance can rise despite regular payments, how negative amortisation works, and what to ask before the payment changes.
Money Records
Checking a credit report error: keep the disputed detail and the evidence together
Build a clear credit-report dispute with the exact entry, supporting documents and a record of each response, using the US process as an example.
Savings Decisions
Withdrawing from a flexible ISA? Check the replacement deadline
Understand what a flexible ISA lets you replace after a withdrawal, which questions to ask the provider, and why the tax-year deadline matters.
Everyday Banking
A current-account switch moves payments, but still needs a personal checklist
Plan a UK current-account switch around the service’s actual scope: agree the date, arrange any overdraft and check the items that need your own action.
Everyday Banking
After an account holder dies, ask the bank’s bereavement team what it needs
A practical first-call checklist for dealing with a bank after a death, including authority, documents, household bills and the questions to record.
Borrowing Decisions
Mortgage overpayments: ask whether the payment or the term will change
Before overpaying a mortgage, check how the lender will apply the money, what happens to future payments, and which charges or limits apply.