Try before you buy car insurance option for young drivers

The Co-op Insurance is offering young drivers up to 20% off their insurance premium price in their first year if they can prove they drive well, using its ‘Young Driver’ app. Since it launched in 2011, the Co-op Insurance, which was the first major insurer to bring telematics to the mainstream market, has saved its […]

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Banks close the door on 4.2 million borrowers

Banks are shutting the door on more than 4.2m people in the UK who are looking for mortgages and credit. However, many could be being unfairly judged as more than a third (34%) of people who’ve checked their credit score have found glaring errors on their report. The research of over 2,000 individuals from Amigo […]

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As Value of Holiday Pound Plummets consumers look for new ways to manage their holiday cash

British holidaymakers are starting to feel the effects of Brexit and weaker exchange rates on their holiday spending according to a survey of summer holidaymakers. The average holidaymaker heading to the EU is £51 worse off per person, per week, according to the survey undertaken by Prepaid International Forum (PIF), the not-for-profit trade body for […]

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Brits lose an average of £40 per year lending money to friends and colleagues

We lose a staggering £40 a year from unpaid loans to friends and family, equating to £2,500 in a lifetime according to new research released by Nationwide Building Society. Asking a relative or friend to repay money is often an awkward experience and over two thirds (73%) of Brits don’t trust all of their friends […]

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Holidaymakers spend £974 on their 2016 summer getaway

New research from Sainsbury’s Bank Credit Cards reveals on average, each person planning a summer holiday this year is likely to spend £974 on it. Many people would consider booking the vacation itself as being the most expensive part of the holiday, however the research reveals that it’s just over a third of the total spend. […]

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Top tips to help improve your credit score

1.    Make sure you are on the electoral register. Lenders use the electoral register to help fight identity fraud and confirm a person is who they say they are and that they reside at that address. 2.    Pay bills on time or ahead of schedule, a good credit score needs to be built up over […]

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Going to University can ruin your chances of buying a home

More than 16,000 people failed to get on the property ladder last year because of their poor credit score, according to a study from Amigo. Most affected are those who embarked on higher education who are 10% more likely to be rejected for a mortgage because of poor credit scores than those with just A-levels […]

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One in five have found unrecorded damage on their hire car

Over one in five people who have hired a car (21%) said they had found damage on the car which was not highlighted on the check-out sheet, according to a new YouGov survey, commissioned by iCarhireinsurance.com, the leading provider of stand-alone car hire excess insurance. Any damage to a hire car, even if it isn’t […]

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81% of Brits use online banking more frequently over any other method

A new survey has given a snapshot of the UK’s banking habits and revealed that the British public has never been so in touch with their bank balance. The results show that technological advances within banking have resulted in people using online and mobile banking apps to check their spending more than ever. This fast, […]

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7 in 10 ‘Staycations’ are uninsured

7 in 10 people taking trips in the UK this summer could be doing so uninsured, leaving thousands of pounds worth of valuables at risk of theft, loss and damage, according to new research from home insurance provider Policy Expert. Of the 2,500 people surveyed, 63% admitted they didn’t have away from home cover included […]

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