Personal Finance NewsConsumers could be paying thousands of pounds more in interest payments on personal loans and credit card balances because they are failing to check and take steps to improve their credit scores, according to research carried out by credit improvement service Credit Improver. Lenders use credit scores to determine who qualifies for a loan or credit […]
Andrew Hagger of Moneycomms.co.uk today warned borrowers that overdraft costs could wipe out the discounts that shoppers receive during Black Friday promotions. He Said: “The hype around ‘Black Friday’ and buying furniture and carpets in time for Christmas seems to increase every year, but before you get carried away with your debit card and max out […]
Every year millions of consumers make New Year’s resolutions and for a good number of those people it means consolidating their credit card and overdraft debts on to a zero per cent balance transfer deal. Personal Finance expert, Andrew Hagger said: ” if you’ve got a solid balance that you’ve been carrying over from month to […]
According to new YouGov research commissioned by Equifax, the credit information expert, 29% of Brits who celebrate Christmas say they feel pressured to spend more than they can afford for the festive season. On average, people expect to spend £441.24 on Christmas this year, with around 1 in 5 (21%) thinking they will spend more […]
Tempting finance deals such as Personal Contract Purchase offers (PCP) are luring car buyers to upgrade their cars more frequently, potentially creating an embarrassing cash shortfall, What Car? can reveal. In a recent survey of motorists, 37% of respondents said they now changed their car more frequently than they did a decade ago, while more […]
The UK’s youngest and oldest adults are least likely to switch financial providers, including credit cards, loans and mortgages. New research from Experian shows that two thirds (63%) of British adults ‘rarely’ or ‘never’ change credit card provider, in spite of it being easier than ever to switch financial products. The research also sheds new […]
To coincide with Good Money Week 2016 starting on Sunday 30th October, a new report from Castlefield Advisory Partners claims that Tracker funds are financing activities that are damaging people and the planet, pumping hundreds of millions of pounds into tobacco and fossil fuel companies. John Ditchfield, Partner at Castlefield, said: “Trackers might appear to be […]
As the clocks go back this weekend and the winter nights draw in, millions of homes could be left vulnerable to opportunistic thieves while their owners are working 9-5, as burglars take advantage of the extra hour of darkness to prey on empty homes. According to a survey of over 3,000 people by home insurer […]
The over 50s are intrepid travellers but it appears many will take some home comforts away with them if they’re heading abroad this winter, according to Saga Travel Insurance. A poll of almost 8,000 over 50s shows that one in three can’t go without a cup of tea as they take tea bags on holiday […]