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Watch out for the minimum payment trap

New stats reveal more than 96% of Brits don’t understand credit card debt A new study by TotallyMoney.com found that the majority of UK adults grossly underestimate the impact of just making the minimum payment, when paying off credit card debt. When asked ‘how long would it take to clear £2,000 in credit card debt…

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UK & Ireland Cost Obsessions Revealed

If ‘you are what you Google’, then what do popular search terms reveal about the UK and Ireland? TotallyMoney.com has mapped the common cost concerns of people from Exeter to Edinburgh, and found it’s all about tobogganing in Ipswich, weed in Manchester and even prostitutes in Sheffield. Cosmetic procedures are a popular trend, with liposuction…

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Leicester Is England’s Help to Buy Hotspot

Interactive Map reveals Leicester is #1 Help to Buy Hotspot with 892 Mortgage Completions New research into the Help to Buy mortgage scheme, which is now 2 years old after first launching in April 2013, has revealed that Leicester is the England’s Help to Buy hotspot. An interactive heatmap compiled by TotallyMoney.com, using housing market…

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What we really value, through the lenses of 50 photographers

New photos from around the world reveal what people really value most In a time when many of us can’t imagine a world without smartphones and computers, credit comparison site TotallyMoney.com approached 50 photographers in over 20 countries to find out more about what people around the world really value. The good news? There wasn’t…

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Where are you on the UK Credit Map?

Research reveals that Ilford is the only area of the country where you have a better than evens chance (51.6%) of being accepted for a credit card. Ilford has been crowned the credit card acceptance capital of the UK, with 51.6% of those who applied for a credit card being accepted. The Credit Index1 and…

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Struggling Kilmarnock is UK Credit Rejection Capital

Research reveals 65% of credit card applications in the largest town in East Ayrshire were declined last year. Kilmarnock has been crowned the credit card rejection capital of the UK with 65% of all those who applied for a credit card being turned down. This is despite a 4% drop in unemployment levels in the…

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Over Half of Men in a Relationship Think They’d Be Richer Single

Survey reveals 52% of men believe they’d be financially healthier without a better half. They say that chivalry’s dead, but a new survey by TotallyMoney.com has revealed that more than half of men believe they spend more money in a relationship than they would as a singleton. Dates, gifts, getaways – of the 600 people…

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45% of People in a Relationship Think They’d Be Better off Single

Survey reveals almost half of people with a partner believe they’d be wealthier alone. If you’ve ever told your other half that they’re more trouble than they’re worth, you may not have been entirely in the wrong. TotallyMoney.com asked a total of 600 participants split by relationship status whether they thought they’d be financially better…

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