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 […]

Posted in: News Read More →

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. […]

Posted in: News Read More →

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 […]

Posted in: News Read More →

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 […]

Posted in: News Read More →

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 […]

Posted in: News Read More →

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, […]

Posted in: News Read More →

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 […]

Posted in: News Read More →

Brits can expect to pay 7% more if they purchase their currency at the airport

Holidaymakers planning to go to Europe in the summer months – June, July, and August – could be collectively missing out on €265 million by not buying their money in advance, according to new analysis by Sainsbury’s Bank Travel Money. The supermarket bank found that Euros are on average 7.3% cheaper bought from a local […]

Posted in: News Read More →

Report suggests average Brit is juggling £5,000 worth of debt

Britain is a nation of debt jugglers, constantly moving large balances between cards until we hit ‘money maturity’ in our fifties and decide to stop playing a game of loans. According to a survey from the AA, 5.4 million people (11%) have transferred balances between credit cards. On average, people have made three transfers. 2.6 […]

Posted in: News Read More →

M&S Bank brings back its most rewarding current account offer

M&S Bank is bringing back its most rewarding current account offer; from today (Tuesday 19th July), new M&S current account customers can enjoy up to £220 to spend in M&S if they switch and stay with M&S Bank.  Customers who switch to one of the M&S current accounts using the Current Account Switch Service (CASS) with […]

Posted in: News Read More →