Personal Finance News06 Jul 2018 New research by credit experts TotallyMoney suggests Britons will pay an estimated £23.8 million solely on interest and transaction fees from using credit cards to gamble on 2018’s World Cup. Credit card payments used for gambling are treated by lenders as a cash advance. This usually means the borrower is charged a transaction fee, […]
04 Jul 2018 With summer holidays just around the corner, Metro Bank, the revolution in British banking, is continuing its quest to make customers’ holidays a little easier on the purse strings, with its fee free European transactions, as well as competitive exchange rates on purchasing Euros from its network of 56 stores. With customers […]
04 Jul 2018 Two thirds (68%) of those with an overdraft have no idea how much it’s costing them, according to research by personal finance comparison website finder.com. And with a quarter of Brits going into their overdraft during the past 12 months, this means almost 8.9 million people are potentially being hit by fees they […]
29 Jun 2018 As the summer holiday season gets into full swing, Sainsbury’s Bank has announced that Nectar customers can now get better rates on all currencies in-store so they can enjoy more value on currencies from New Zealand dollars to Norwegian Krone plus over 50 more currencies when purchasing travel money from Sainsbury’s Travel Money […]
26 Jun 2018 Almost half (46%) of UK parents have taken their children out of school to go on holiday, according to a new study released by Co-op Insurance. Parents that are willing to let their children miss school say that financial strain is the leading factor in their decision, with two thirds saying that family […]
20 Jun 2018 A fifth of parents aren’t saving any money at all for the future, as high inflation, low wage growth, and low savings rates put pressure on families, according to new research from Zopa. The survey also found that a higher proportion of non-parents (23%) weren’t saving for their future. Zopa’s research of […]
18 Jun 2018 New figures from personal loan provider, Hitachi Personal Finance, reveal a significant increase in loan applications over the past three years. Applications for motoring, home improvements and leisure loans increased by 31% between 2015 and 2018. The lending data also showed an increase of 95% in motoring loan applications and 4% in home […]
18 Jun 2018 As the summer’s biggest sporting events kick off, families heading away on holiday are also getting ready to shake off the cobwebs. Research from American Express reveals nearly a quarter (23%) of Brits have chosen to take an activity holiday this year, with a further one in ten (10%) already warming up […]
12 Jun 2018 Motorway speeding convictions will add an extra £101 to the average annual car insurance bill, new analysis from insurance market research experts Consumer Intelligence shows. The unique analysis of nearly 36,000 insurance quotes over the past year to April found the average cost of speeding for insurance across all speeding offences equates to […]