Author Archive
Fashionistas Funds Furthered Through Frugal Finances
Although their spending on clothes might not match that of trendy American celebs, women on this side of the Atlantic still need to exercise a degree of financial caution when it comes to fashion, according to a recent study.
Research conducted by More Than shows that British females spend an average of 68 pounds and two […]
Borrowers Advised To Be Active In Repaying Credit Card Debts
Britons may find that their access to credit is diminishing, a new report shows.
Research carried out by MoneyExpert indicates that some 1.8 million credit card holders, about four per cent of adults, have seen their borrowing limit curtailed by their money lender during the last six months. With the average cut revealed to be worth […]
Rise Noted In Personal Loan Costs
Borrowers have seen an increase in the amounts of interest attached to personal loans, an industry expert has stated.
Jo Roberts, director at Needanadviser, reported that in recent months the availability of cheap personal loans has diminished. The fall in cheap loans was attributed to the continuing impact of the credit crunch as money lenders begin […]
Halifax Advises Brits To Keep On Track With Money Management
People need to take steps to keep on top of their finances, an industry expert reports.
According to Gareth Mackie, a spokesperson for Halifax, many Britons are struggling to manage their money in the face of rising living costs. He added that due to recent increases in areas such as council tax bills and petrol prices, […]
Consumers Advised To Consider Long Term Mortgage Deals
An increasing number of homeowners may be looking to reduce pressure on their finances, new research shows.
In a study carried out by MoneyExpert, it was revealed that long-term fixed-rate mortgage deals have become increasingly popular over recent months. At present it was shown there are some 132 individual fixed-rate products available which last for at […]
Personal Loans ‘Becoming More Expensive’
Consumers may find cheap UK loans are harder to come by, reports an industry expert.
Pointing towards research carried out by Moneyfacts, Michelle Slade, analyst for the personal finance publication, revealed that interest rates on unsecured personal loans have surged over the course of the last 12 months. It was claimed that loans are currently an […]
Millions To Be Wasted Through ‘Inefficient Savings’
Britons need to take steps to make sure that they are saving their money in a cost-effective manner, it has been claimed.
According to Nationwide, a failure to invest the full amount into individual saving accounts (Isas) ahead of the end of the tax year will see consumers pay millions of pounds in unnecessary tax repayments. […]
Financial Confidence ‘Continues To Weaken’
Britons are becoming increasingly worried about their finances, new figures show.
In partnership with Taylor Nelson Sofres, Nationwide’s most recent consumer confidence index reveals that the country’s optimism with regard to money hit a record low over the course of last month. During February, the chart dropped by three points to stand at 78.
Nationwide’s present situation […]
Billions ‘To Be Spent On Cars In Build Up To Summer’
More than 47 billion pounds is to be splashed out on cars during the next six months, new research indicates.
In a study carried out by Sainsbury’s Finance, as part of its latest Car Buying Index, it was shown that an estimated 6.86 million Britons are looking to purchase a vehicle between this month and the […]
Consumers Advised To ‘Avoid Financial Heartbreak’ on Valentine’s Day
Being secretive about finances could put relationships at risk for many Britons, a recently-released study has shown.
In research conducted by moneysupermarket, it was revealed that more than a quarter (27 per cent) of consumers admit to spending money behind their partners’ backs. Meanwhile, about one out of ten (nine per cent) people state that they […]
