As the UK emerges from economic turmoil, consumers are finally feeling confident enough to spend money on credit. But as the ‘Credit Index’ and interactive map released today by TotallyMoney.com shows, it’s not a free-for-all out there. Research reveals that over the past year 61% of UK consumers applying for new credit cards have been… Read more »
Dumfries Crowned Credit Card Rejection Capital of the UKAs the UK emerges from economic turmoil, consumers are finally feeling confident enough to spend mon
Dumfries Crowned Credit Card Rejection Capital of the U...
Barclaycard Win the Balance Transfer War
A Holiday to Tenerife Could Take Consumers Ten Years to...
Credit Card Spending Set to Rise by 8% in 2014
Last week Halifax and Barclaycard battled to get the longest 0% balance transfer deal on the market. Whilst Halifax matched Barclaycard’s previous best of 30 months interest free, Barclaycard pushed the boundaries and released the longest 0% deal ever at a whopping 31 months. Will Becker, CEO and co-founder of TotallyMoney.com, has this to say… Read more »
As we reach the end of the biggest holiday booking month of the year, new findings released by credit card comparison website TotallyMoney.com, in partnership with the Centre for Retail Research, reveal that consumers are set to add a whopping £9 billion to their credit card bills during 2014 on holiday bookings alone – 8%… Read more »
Following reports of increased retail spend throughout December, a new study released by TotallyMoney.com, in partnership with the Centre for Retail Research, reveals that this trend is set to continue throughout the next 12 months. In 2014 UK consumers are expected to spend over £86 billion on credit cards, carrying out 54 million additional retail… Read more »
With the Christmas countdown well underway, a new study released by TotallyMoney.com in partnership with the Centre for Retail Research, revealed that Friday 13th December was forecasted to be the biggest credit card spending day of the year. Throughout ‘Plastic Fantastic’ day consumers were predicted to make 23.2 million transactions worth £870 million, with almost… Read more »
Chancellor George Osborne announced last week that on average, consumers can expect to save £50 on their energy bills thanks to initiatives that will reduce financial pressure on energy companies. This is largely to counteract increasing energy costs, with the big six suppliers raising their prices by 37% since October 2010. When questioned as to… Read more »
For the avid shoppers out there, you’re probably well aware of the delightful deals Black Friday brings. Millions of Brits rush to grab a bargain at retail stores across the UK for the event once a year. Despite being an American custom, Black Friday has made its way into the UK market, becoming increasingly popular… Read more »
As commented on earlier this week, we’ve recently seen an announcement from the government that new laws will be introduced to limit the cost of payday loans. Payday loan companies have received criticism for charging an interest rate of nearly 5,000% in recent years, and the new cap that is to be put in place… Read more »
In response to today’s announcement from the Government to introduce a new law to cap the cost of payday loans, Will Becker, CEO and co-founder of TotallyMoney.com comments: “At last, the Government is taking action against the damage payday lenders continue to inflict on large segments of the UK population. However, after waiting far too… Read more »
With the lead up to Christmas drawing ever nearer, your thoughts may have already turned to funding your festive shopping. But with all the hustle and bustle of the Christmas period, all too often money saving methods are thrown out of the window. There’s no denying that credit cards are a popular choice to help… Read more »