Personal Finance NewsAccording to the survey of over 5,800 participants, 83% have worries about their personal finances right now and, as a result of living cost increases, some are expecting to save less towards their goals or not at all, and planned spending is being cancelled or delayed: Of those cutting back on large expenditures in the previous / next six months due to the increase in cost of […]
With Brits paying interest on 54% of credit cards, those with a less-than perfect credit score or no credit history could be paying considerably more for their borrowing. Worryingly, the number of adults with no credit history at all has grown by 29% in the last six years†. Poor credit scores and thin credit files […]
TotallyMoney, the credit app which helps everyone move their finances forward, is calling for customers to protect purchases with Section 75 of the Consumer Credit Act 1974. Airlines cancelling thousands of flights amid staff shortages and accusations of travel firms ‘seriously overselling of flights and holidays’* Brits are expected to spend a massive £41bn on […]
Nearly half (48%) of UK adults say they are using less motor fuel than a year ago, and 45% report using less than a month ago, as forecourt prices continue to soar, according to an Aviva survey1. The price of motor fuel has increased by 32.8% over the past 12 months2, and with the cost […]
E-bike owners are being warned to be on their guard as insurance claims for cycles and accessories climb. Aviva data reveals UK theft claims for e-bikes rose by 37% in 2021, compared to the previous year. The growing popularity of e-bikes is also reflected in the insurer’s figures. Theft claims have rocketed in recent years, rising […]
The good news keeps on coming for cash savers with stiff competition in the market pushing rates on an almost daily basis. It’s likely that the positive news on rates will continue with the Monetary Policy Committee (MPC) expected to increase base rate again when it next meets on 16th June. Whether you’re looking for […]
Just in time for summer, American Express is once again showing its support for local, small businesses across the UK with the return of the Shop Small Offer this June. From 20 – 26 June 2022, American Express Cardmembers will receive a £5 statement credit when they spend £15 or more at participating small businesses […]
With the ongoing cost of living crisis still rearing its ugly head, keeping energy bills as low as possible is on everyone’s mind. Amidst this pressing need to cut back and be more energy-conscious, research from the Home Builders Federation found that a new house is 59% cheaper to heat than its older equivalents, resulting […]
Self-employed individuals are twice as likely to be rejected for a mortgage, according to a new Exploring Adverse Credit report from The Mortgage Lender (TML). Nearly a quarter (23%) of self-employed individuals have had their mortgage application denied in the past compared to just 12% of employed workers. Self-employed applicants are often treated with stricter affordability assessments […]
