Author Archive

Motorists ‘Fail To Do Financial Homework When Buying A Car’

British drivers need to become more financially astute when purchasing a car, it has been claimed. According to research conducted by esure, some 26 per cent of consumers would spend less than a hour researching how they are to fund the buying of a new motor vehicle, with respondents more likely to take much time [...]

Consumers Warned Over ‘Holiday Debt’

Holidaymakers who are tempted to go into debt to fund their holidays have been advised to make sure they repay any money borrowed for their summer of fun as soon as they return to the UK, in order to avoid interest building up or the need for something like a debt consolidation loan to solve [...]

Credit Card Charges Abroad ‘Costing Millions’

British consumers returning from their holidays this summer may find themselves needing to compare loans as they find they are further in debt than anticipated, one personal finance commentator suggests. According to new research from price comparison site uSwitch, the number and scale of charges being implemented by some card providers is leaving the public [...]

Parents ‘Increasingly Contributing Towards Children’s Property Costs’

Parents are giving an increasing level of financial assistance to help their grown-up children get on to the housing ladder, new figures indicate. According to the movingimproving index carried out by Alliance & Leicester, mums and dads are contributing an average of 21,314 pounds to help their offspring purchase their first home – a rise [...]

Nearly Half Moonlight ‘For Extra Money’

The bank holiday weekend is a chance for millions of Britons to make a little extra money, according to personal finance website Fool, with almost half of Britons who moonlight on the traditional late August bank holiday doing so for the extra money they can make on top of their regular salary. Research from the [...]

British Consumers ‘Uninformed’ About Personal Finance

Some of the more simple matters regarding personal finance prove to be bamboozling to the nation’s adults, according to the latest research from Abbey. The bank set more than 1,000 British adults a ten-question personal finance exam, similar to GCSE standard, with the number of adults not achieving a GCSE-level C grade or an O [...]

Homeowners Look To Remortgage ‘As A Means Of Debt Consolidation’

More homeowners are remortgaging in an attempt to clear their debts, an industry expert has suggested. According to Sue Anderson, head of member and external relations for the Council of Mortgage Lenders (CML), consumers have often tended to take out a new loan with a different provider as a means of funding home improvement projects. [...]


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