- Wednesday, September 30, 2009, 14:40
- Credit Cards, Loans
The Financial Services Authority (FSA) has revealed a package of measures to protect consumers in the Payment Protection Insurance (PPI) market and ensure they are better treated when buying PPI or complaining about it.
Single premium PPI products have long been controversial, particularly with consumer watchdogs who claim that the policies are misleadingly front-loaded, accrue outrageous interest, and have strict pay-out terms and conditions. In early ...
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- Wednesday, September 30, 2009, 14:39
- Featured, Savings and Investments
Sainsbury's Finance will increase the interest rate on its
Online Saver account from 3.0% gross AER (variable) to 3.2% gross AER (variable) from Friday 2nd October.
To account is open to new and existing customers and must be applied for and managed online. The access the rate, savers must deposit at least £1,000 (up to ...
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- Wednesday, September 30, 2009, 14:38
- Credit Cards, Loans
Decline in the consumer credit market continues, but the contraction rate has stabilised, according to new figures published today by the Finance & Leasing Association (FLA).
Overall, business written by FLA members, who provide
secured and unsecured loans,
credit and store cards, and motor finance, fell by 17% in July 2009 compared with the same month in 2008 – a difference £11 billion.
New consumer ...
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- Wednesday, September 30, 2009, 14:38
- Personal Finance
Financial concerns put stress on residential streets, with reports of neighbour disturbance up by a third in two years, according to a new study from Halifax Home Insurance.
The study suggests that one in five (17%) homeowners has experienced serious problems with neighbours this year, a level not seen since 1997. The most common reported problems are excessive noise (49%), rude or intimidating behaviour (23%) ...
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- Wednesday, September 30, 2009, 14:28
- Featured, Savings and Investments
Workers who wait until they reach the age of 40 to start paying into their pension would need to put invest upwards of 33% of their salary until age 65 in order to retire comfortably.
This warning comes as part of a study from Prudential, which found that for someone starting their pension at 30, the ...
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- Tuesday, September 29, 2009, 14:14
- Savings and Investments
After
savings rates fell to a pitiful low last year, many savers have since leapt at the chance to secure more healthy rates for their savings by committing them to fixed rate deals. In fact, a new report from uSwitch.com suggests that 9 million consumers have locked away £131 billion in fixed rate savings accounts in the last 12 months
According to the report, one ...
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- Tuesday, September 29, 2009, 14:14
- Debt Management, Featured
With the
economic downturn rumbling on, new research from Simplyhealth has revealed that over a third of Britons wish they had been more responsible with money.
The Bothered Britain Report, looks at how attitudes and behaviour have changed in the past year towards money and health related issues,, and what concerns us ...
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- Tuesday, September 29, 2009, 14:12
- Household Finances, Personal Finance
As students head off to university in their droves, Direct Line is urging them to spare a thought for their belongings, as halls of residence and flats can be an easy target for crime.
Research by the
insurer has revealed that the most common items stolen are those which are easily portable, such as laptops, ...
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- Tuesday, September 29, 2009, 14:10
- Featured, Mortgages
The August data from Land Registry has revealed a largely flat market with a monthly house price change of just -0.1%. The annual drop of 9.4% - up from a low of 16.3% in February - takes the average house price in England and Wales to £155,968.
Looking at the figure regionally, London and the West ...
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- Tuesday, September 29, 2009, 14:01
- Featured, Household Finances
Over a third of
broadband users cite connection reliability as the most important aspect of their service, according to a new survey of 4,000 broadband customers, conducted by Broadbandchoices.co.uk.
The survey looked at what is most important to broadband users and also what aspects cause the most dissatisfaction and drive them ...
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