Insurers expose £ 3.6 million worth of insurance frauds every day

Figures released this week by the Association of British Insurers (ABI) reveal that in 2014: Insurance companies detected 130,000 fraudulent claims, equivalent to 350 every day. The value of these frauds was £1.32 billion, a 3% increase on 2013. Between 2009 and 2014 the overall value of frauds detected has risen by 57% Dishonest motor […]

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Pick the right card and save up to £68 on your holiday spending abroad

As we approach the main holiday season with millions of families set to travel overseas, new research shows that failing to pack the right plastic could see you pay over the odds for your holiday spending money to the tune of £68 or more. If you’re someone who takes a couple of holidays a year, […]

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No let-up in battle to provide cheap credit

In a week when the chancellor unveiled his latest austerity measures, the banks showed no signs of pulling their horns in as a raft of low cost personal finance deals hit the shelves. In the personal loans market Santander and Cahoot both cut interest rates for loans of £5,000 to 4.5% APR, and have closed […]

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500,000 people switch banking to Santander

More than 500,000 UK current account holders have switched to Santander since the Current Account Switching Service (CASS) was launched in September 2013, according to new figures from the bank this week. A spokesman for the bank said: “We know from talking to our customers that many are attracted by our award-winning 123 Current Account and our […]

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More than 14.2 million holidaymakers to pay with credit

Pay4Later, this week launched a new service for holiday and travel companies following strong demand from firms wanting to offer credit to customers. The new service enables firms to offer their clients a choice of attractive finance options – including 0% interest – ranging from £275 to £25,000 and over terms of six, nine and 12 months. […]

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Holidaymakers to Greece urged to take cash and not to rely on plastic

Despite offering the first prepaid MasterCard with 14 currencies on a single card at ‘spread free’ exchange rates, Centtrip is urging holidaymakers visiting Greece in the next few days to physically take enough spending money for their entire holiday, because it believes local merchants may impose limits on how much they will accept by card, […]

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The average student now owns almost £4,000 worth of possessions

University students own an average of £3,658 worth of gadgets and other possessions – with 45% of students now owning a tablet, up from 40% last year and 4% in 2011. This is according to new research by Endsleigh, which celebrates its 50th anniversary of insuring students and young professionals this year. Endsleigh’s 2015 Student […]

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Nationwide Building Society doubles account switching incentive for July

The battle between the banks and building societies to bring in more current account customers intensified week when Nationwide Building Society launched an improved £100 Recommend a Friend switching offer. Up until now the offer has been £50 payable to both the Nationwide customer referring a friend as well as £50 for the friend when […]

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Pick the right plastic to carry in your wallet

There are hundreds of credit cards to choose from, each with different attributes, rates and benefits, and this can be confusing for consumers. It’s important to ensure you’re getting the most from your plastic by carrying the right cards, so here are a few pointers on what to look for. If you’re struggling to clear […]

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Brits abroad are still confused over European currencies

As many people are set to head off to Europe for their summer holidays, a new research from travel insurance specialistHolidaysafe.co.uk has shown that many will be packing incorrectly, with one in 10 respondents admitting that they had gone on holiday with the wrong currency. The introduction of the Euro in 1999 made travel in Europe easier […]

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