Wonga is a relatively new service which promises that it will give you access to “the fastest, most convenient and best value small loans available in the UK”. With Wonga, you’re able to take out loans of between £200 and £1,000, and you’ll have up to 30 days to pay it back. If you don’t […]
Category: Featured
Find Your “Energy Profile” Through Testing
Beware: this post might make me sound like a bit of a geek, and includes a fair bit of thinking out loud… In my day job, I run pay-per-click advertising campaigns – managing those ads you see at the top and right of the search engine results such as at Google. The key to getting […]
Should We Trust Price Comparison Websites?
UKMoneyPot notes that Direct Line has recently started an advertising campaign suggesting that consumers should not trust price comparison sites (such as moneysupermarket.com, confused.com etc) and should instead get quotes directly from themselves. The studies Direct Line conducted highlighted some interesting figures. Firstly, 35% of people believe comparison sites searched the whole of the market. […]
Interest Rates Rise Again
Interest rates have been put up again, rising a further 0.25% to 5.5%.
Cutting Out The Loan Middleman: Zopa
Simple Pound has a good write-up on how Zopa works which is worth a read.
How Are We Affected By Interest Rate Changes?
Interest rates have been kept at 5.25% for this month, although there are still thoughts that rates will rise again in the next few months. But how do interest rate changes affect the average person? I’ll explain in very simple terms: When rates fall, there is less incentive for people to save their money – […]
Banks Succumbing To People Power, But…
Over the past few weeks a couple of stories have caught my eye which have shown the strength that people power can have on large corporations (and in this case I’m talking about banks and building societies). Firstly, it’s difficult to go a single day without hearing someone talking about reclaiming bank charges – it’s […]
Will Your Insurance Claim Be Paid?
The Scotsman has reported some astounding figures from a new survey which suggests that 1.6 million Brits have had insurance claims turned down in the past 5 years. The unpaid claims came on health, income protection and life insurance policies, and averaged out at over £26,000 per claim – a whopping total of just under […]
Want A Shorter Mortgage? Try Overpayments
According to MoneyExpert, mortgage experts Charcol recently encouraged mortgage-holders to try to overpay on their payments, in light of the fact that many lenders are no longer making early repayment charges. Indeed, if you’re in the lucky situation of being able to make overpayments to your mortgage, and are sure your lender doesn’t charge any […]
Personal Finance Forums
Online forums can be a great source of information – learning from people in similar positions, and being able to ask questions that are specific to yourself. It obviously pays to be a little bit careful with the information that is presented on forums, though. Although I don’t visit too many personal finance forums, my […]