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About Kim Johnstone

Kim has over 20 years experience writing for personal finance blogs under an array of different names. Her experience and knowledge of daily news helps guide the website and the content we release.

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Here are my most recent posts

Credit Card Debt Credit Card Editors Choice Protected Trust Deed 

Borrowing To Live

I found myself in around £15,000 of debt and every penny I earned just paid interest on my credit cards, forcing me to start borrowing to live each month. It began almost as soon as I turned 18 when I received a pre-approved credit card application through the door within days of my birthday. Even though I completed the application and got the credit card through the door as was promised, I never used it straight away. I waited 3 months and only used it to buy some Christmas presents…

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Debt arrangement scheme (das) experience Debt Arrangement Scheme Editors Choice 

How DAS Solved My Debt Worries

A debt arrangement scheme (DAS) was the perfect debt solution to solve my debt problems due to it’s ability to freeze interest and charges. I was 28 and found myself in about £7k of debt, most of which i had built up slowly, ignored and never really worried too much about it. Then i suddenly found myself earning good money and started considering my future, such as applying for a mortgage or investing money. I realised my credit rating had taken a hit because i had ignored the letters from…

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Payday Loan Debt Story Payday Loans 

My Payday Loan Hell

When i was working full time and earning a reasonable income it never occurred to me I might end up in debt, especially when I only took a £200 payday loan. I fully expected to repay the £200 plus interest at the end of the month and not surprisingly that’s exactly what i done but then they offered me more. I didn’t really need it but thought “I paid the last one, why not” so I took out the £250 loan and when the end of the month came i repaid…

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Mortgage debt experience Mortgage 

Drowning In Mortgage Arrears

I spent all my life avoiding debt by always paying for things like my mortgage with money I saved or had earned, however that all changed My husband became ill and was no longer able to work full time, this meant we were £1500 per month worse off each month and debt built up. My husband was receiving some disability benefits but it still left us short and I couldn’t do any more hours at work to make ends meet. Our mortgage was our biggest expenditure but we couldn’t reduce…

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Personal loan debts experience Editors Choice Loan 

A Little Loan But Big Problem

I took out a personal loan when we needed to have our roof repaired and a new conservatory built but we never expected to get into debt. The loan was for £5000 and it was through a high street bank, which meant we weren’t paying high interest or charges on it every month. The repayment was over 2 years and was within our budget, however we couldn’t have foreseen the additional problems we were about to face. The workmen had quoted us £1000 to fix our roof which was badly…

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