Personal Finance NewsNew research from UK peer-to-peer lender RateSetter has found that most people in the UK think their family members know best when it comes to financial advice. Four in ten people (38%) have gone to another family member for advice about money, while only one quarter (25%) have used a professional, qualified adviser. The most […]
More than 1.5 million people have lived more than 45 years having never borrowed a penny from a bank or lender. However, this commendable existence could come back to bite as many of these credit virgins may struggle to secure a mortgage or even a mobile phone contract. A credit score is a three digit […]
Research from Sainsbury’s Bank into the cost of a wedding has revealed that couples who have married in the past five years claim to have spent on average £13,200 on their wedding, and those younger hitchers aged between 18-34, who are more likely to be first-timers are spending an average of £21,109. Analysis of Sainsbury’s Bank’s […]
A brand new credit card name has hit the best buy tables today – namely nuba – powered by card giant MBNA. There are two cards to choose from – a market leading 41 month 0% balance transfer deal with a one off fee of 3.49% – the good news is that if you qualify […]
Your credit score is the three digit number that helps everyone from mortgage companies to mobile phone providers decide how trustworthy you are when it comes to paying them back the money you owe them. A survey of 1100 people by MyCreditMonitor (www.mycreditmonitor.co.uk) found that 42.5% of those questioned expected their credit score to have […]
Prudential and Unbiased.co.uk, the site that connects millions to advice, this week launched the eighth annual ‘Write a Will Week’, with new research* which reveals that 59 per cent of UK adults have not made a will. When a Will is not in place, a deceased person’s estate is subject to intestacy laws, which may not […]
New findings from Endsleigh’s 2016 Student Survey show that many parents are in the dark about their child’s spending habits, as more than a quarter (28%) believe their child never uses an overdraft, when in reality, less than 2% of students surveyed said they never use the facility. The study of over 4,300 students and […]
Younger people are more willing to buy a home prone to safety, flood or crime risks in order to get on the housing ladder, new research from Aviva reveals, as the ‘ideal’ home is replaced with what people can afford. According to the findings, a third of would-be homebuyers aged 34 and under say they […]
It’s been a good week so far for borrowers with two new best buy deals launched in the last couple of days. Tesco Bank is now offering a credit card with 28 months interest free on purchases – a great option if you’ve got a major purchase planned and want to spread the cost without […]