I'm not sure if I'd call it a contingency allowance or not, but I plan to add a monthly outgoing as my "Emergency Fund". I'm already on a budget and it is included. My logic is thus: What if something serious happens, like car needs repair, or (in my case) I have to fly home for a family member's fu...

Hi, I currently live and work in the United States. I have been fed so much misinformation about whether or not certain creditors will accept an IVA etc. One company told me MBNA would only accept an IVA if I made token payments for six months. After six months they told me MBNA refuse to do IVAs - ...