Tourists waste almost £300 million in hidden card charges abroad

New research from Caxton FX, reveals that consumers are still getting caught out by Dynamic Currency Conversion (DCC), costing British holidaymakers up to an estimated £292 million in debit/credit card charges abroad. DCC occurs whenever someone who is travelling abroad opts to pay for goods, or withdraw cash from an ATM in pounds, rather than the […]

Posted in: News Read More →

Don’t forget the cheaper payday loan alternatives

Payday loan providers are finding life tough amid tighter regulation and a cap on charges with major player Wonga recently reporting a £37.3 million loss and warning of an even bleaker picture for the year ahead. Consumers shouldn’t fear the demise of the payday loans industry as there are far cheaper ways to borrow money, […]

Posted in: News Read More →

Bad credit freezes millions of Brits from everyday life

About six million Britons are being excluded from everyday life because of their credit histories, according to research* conducted on behalf of the Debt Advisory Centre. People with poor credit scores are struggling to secure a home, open a bank account, get car insurance or a mobile phone contract, the research revealed. Some 2.7 million people […]

Posted in: News Read More →

Travel currency promise from Sainsbury’s Bank

Research out this week reveals that UK citizens took almost 39 million holiday trips abroad in 2014 and spent £24.4 billion whilst there.  Sainsbury’ Bank Travel Money predicts another busy June, as last June was the fourth busiest month for the supermarket bank’s travel money sales. The amount of travel money bought from Sainsbury’s in June 2014 […]

Posted in: News Read More →

Boots launches new travel insurance products

High street retail giant Boots has launched its new travel insurance range, designed to make sure that all members of the family can enjoy the health benefits of a holiday. The new product range is now wider and more comprehensive with five levels of coverage, which means customers have a greater choice of insurance options […]

Posted in: News Read More →

Motorists warned about uninsured vehicle modifications

GoCompare is warning drivers not to inadvertently invalidate their car insurance by not advising their insurer of any modifications they make to their vehicle.  Modifications include performance or aesthetic changes to the bodywork, engine, wheels – even fitting a roof rack or tow bar. The warning comes after an insurance company threatened to void a […]

Posted in: News Read More →

Premium Bonds maximum investment increased to £50,000

Customers will be able to invest a further £10,000 in Premium Bonds from Monday 1 June 2015 after the maximum holding limit was increased from £40,000 to £50,000. The change follows the Chancellor’s announcement in the 2014 Budget that NS&I would help support savers by increasing the Premium Bonds investment limit. It comes 12 months […]

Posted in: News Read More →

Holidaymakers urged to check their car insurance before driving abroad this summer

M&S Bank is urging British motorists to check their car insurance policy before hitting the roads this summer after research revealed that nearly  one  in  ten (nine per cent) are planning to drive their car in the European Union (EU) over the next 12 months. The M&S Bank research  revealed that of those that are planning to drive their car […]

Posted in: News Read More →

Fuel poverty leaves millions of homes cut-off from basic energy supply

Millions of people are regularly being cut-off from their basic gas and electricity supplies because they can’t afford to top-up pre-paid meters, according to research* from the debt advisory centre. A quarter of people questioned were reliant on pre-pay meters in their homes because they have experienced problems paying their bills or need help to manage […]

Posted in: News Read More →

UK rental costs hit new high

Private rents across England and Wales have reached a record high average of £774 a month with costs currently rising at between 5% to 8% per year. The cost of monthly rental payments were up 4.6% in April compared to the same time last year – the fastest annual increase since November 2010 – while they […]

Posted in: News Read More →