Personal Finance NewsTotallyMoney and Cashplus today announced the launch of a new credit card to market, in a bid to help close the £6bn SME lending gap where 65% of new businesses are refused credit. Enabled by an API integration between the two parties, the product features guaranteed rates, guaranteed limits, and eligibility checking. This means applicants […]
The increased cost of living is the main barrier for adults maintaining a savings goal, with those in the ‘squeezed middle’ age bracket hit the hardest, Paragon Bank research has found. Paragon’s survey of 2,000 adults revealed three in five (62%) admit to struggling to maintain savings commitments, with 33% highlighting the increased cost of […]
Aldermore bank has today increased the rates on a range of its fixed rate and individual savings account (ISA) products, providing savers with choice for their medium- and longer-term savings goals. Our Fixed Rate Savings accounts provide competitive long term rates that protect your hard earned money from interest rate fluctuations so you’ll always know exactly how much […]
New figures reveal that the average petrol price in the UK has surpassed 148p per litre for the first time. According to the AA, the cost of petrol has now jumped to 148.02p per litre on Sunday – rising above the previous record high of 147.4p per litre. Following this news, Nick Drewe, money-saving expert at WeThrift has shared six […]
Recent research from RCI Bank, the digital savings bank, has found that 74% of UK adults who aren’t confident about reaching their financial goals this year think the biggest barrier for them to do so will be the rising cost of living. This comes as the latest ONS figures released in December 2021 showed an annual […]
“A recent survey was taken that asked 1,000 people if having a smart meter installed gave them stress and anxiety. Nearly 30% answered yes, but now we wonder if this will increase if people have to start paying more? The new energy price cap is to go up c.54% which could be detrimental to the […]
One in five UK adults plan to buy a property in 2022, new research from Market Financial Solutions (MFS) has revealed. The bridging lender commissioned an independent survey among more than 2,000 UK adults. It found that 18% intend to purchase property this year, including 34% of those aged 18-34. Among renters, 14% plan to buy their […]
With billions of pounds set to be spent on holidays abroad this year, TotallyMoney, the credit app that helps everyone move their finances forward, is calling for holidaymakers to protect their payments with Section 75 of the Consumer Credit Act 1974. Following the relaxing of covid restrictions, the number of holiday bookings has spiked by up […]
1)Review your spending “When did you last really review your spending? The start of the year is a great time to take stock of your outgoings. Prepare to be amazed! How much do you really spend on expensive coffees or snacks bought ‘in the moment’? Is your preference for branded food items pushing up the […]
