Personal Finance News

3 Oct

What Goes Into A Credit Score – Explained

03 Oct 2018 New research by credit experts TotallyMoney reveals exactly what goes into credit scores and how they’re calculated, allowing customers to understand better the reasons for any changes to them.  TotallyMoney generates credit scores and reports using data provided by credit reference agency Callcredit. However, what goes into your credit score has largely been […]

1 Oct

Co-op extends price war by guaranteeing to beat competitors on funeral plans

01 Oct 2018 After upping the ante on the funeral price war earlier this month, the UK’s leading funeral and probate provider Co-op Funerals and Life planning has now announced another wave of measures to further support thousands of bereaved families financially. Co-op is leading  the way in tackling funeral costs, including through its guarantee […]

27 Sep

Car insurance premiums drop 9.1% in a year

27 Sep 2018 Car insurance price cuts are speeding up with drivers seeing premiums drop by 9.1% in the past 12 months, new analysis from insurance research experts Consumer Intelligence (CI) shows. Its data shows average car insurance bills have fallen to £766 with black box technology – so-called telematics – which rewards safer driving adding […]

27 Sep

UK Grandparents worth £5 trillion

26 Sep 2018 New research from Charter Savings Bank shows grandparents are collectively worth over £5 trillion – the equivalent of £350,634 each – and expect their children and grandchildren to be as well off as them when they reach the same age. Despite owing much of their wealth to being part of the property-owning generation […]

21 Sep

Savvy Brits choose September for bargain breaks

21 Sep 2018 Holidays should be a time of rest and relaxation but some find the summer months expensive and hectic, so for many Brits, going on holiday after the summer rush is the preferred option. New research from Sainsbury’s Bank reveals 12% of Brits prefer to take their main holiday in September, equating to […]

20 Sep

Three in 10 car buyers drive into trouble after dipping into savings

18 Sep 2018 Three in 10 drivers have left themselves short after buying a used car outright, according to research from AA Cars, the AA’s used car website. Of those that used their own money to pick up secondhand cars and then found themselves in hot water, 55% say they had to dip into savings put […]

20 Sep

First-time buyers making more sacrifices but still missing out

13 Sep 2018 First-time buyers are missing out on Government bonuses available through Lifetime ISAs and Help to Buy ISAs despite making major sacrifices to achieve their property dream, new research from The Nottingham Building Society shows. More than one in four would-be first-time buyers say they’ve moved back in with parents so they can save […]

10 Sep

Fourfold increase in number of families opting for lower cost funerals

10 Sept 2018  New data out today from the UK’s largest funeral provider – the Co-op, shows almost four times as many families are now opting for lower cost funerals. Figures from the Co-op also show over a third (34%) of people think cost is the most important part of a funeral.  This figure increases with […]

5 Sep

Buried in debt: mourners borrow £1,700 to pay for loved ones’ funerals

05 Sep 2018  New research from Royal London reveals the average cost of a funeral is £3,757, with costs having stabilised this year (£3,784 in 2017). The Royal London National Funeral Cost Index, in its fifth year, shows that London has consistently been the most expensive region in the UK for a funeral, with the […]