The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
Daily StarGlamorous posh schoolgirl 'who hid drugs in her bra' gets off without jail termDaily StarNow she's dodged jail thanks to the mercy of the courts in her native Australia. Ms Arbib admitted fraudulently obtaining money by stealing credit cards and other items. The court in Sydney previously heard how Ms Arbib fell into a downward spiral when ...
The GuardianMorning mail: Britain's new rules for EU citizensThe GuardianMany details of the new arrangement are still being decided but EU citizens would retain access to public funds such as pensions, though they would have to meet a minimum income threshold of £18,600 to be eligible to bring a spouse into Britain ...
Express.co.ukHow YOU could be losing over £100 per holiday due to THIS bank card trickExpress.co.ukSome debit cards can be worse than credit cards, despite what some holidaymakers may think. However, the true ... Prepaid card provider FairFX found that a huge £5 billion is lost by consumers every year due to bad rates and currency fees. Many of ...
The IndependentTheresa May accused of bribing DUP with £1bn deal despite claiming 'there is no magic money tree'The IndependentTheresa May stands accused of using at least £1bn of public money to seal a “grubby deal” with Northern Irish unionists that lets her cling on to power. The cash – branded a “bribe” – helps save Ms May's premiership following her botched election ...and more »
POPSUGAR United Kingdom (blog)9 Ways to Save Money When Booking TravelPOPSUGAR United Kingdom (blog)If your current credit/debit card gives you no rewards, try upgrading to an airmiles card (just choose one with no fees). By using an airline credit card in place of my debit card for day-to-day purchases, I've earned enough airmiles to pay for hotel ...
Have you met...
Latest Members:


Riboo7


wangqing


roknal3arby


mike


Belal alqisi


baidai66


z

 

General News

Email this story to a friend:

LOAN APATHY COSTS US DEAR

By sticking with current account providers and failing to get several quotes we end up paying hundreds of pounds more for our loans than we need to.
22-11-2010
•    More than half of all people taking out loans in the last five years have borrowed from their current account provider
 
•    One third (33%) received just one quote before choosing a lender
 
•    Loan rates can differ by as much as 18.3% a potential difference of £1404 over the course of a three-year £5000 loan    
 
Research by Sainsbury’s Finance shows that one third of people who take out personal loans don’t shop around but take out the first loan they get a quote for. More than half of people chose their own bank or current account provider when choosing a lender and of these 4 of every 10 don’t look elsewhere for a competitive quote. The research also found that older people are less likely to shop around and more likely to stick with their current account provider than younger people.
Steven Baillie, Head of Loans, Sainsbury’s Finance, said: “Given the increase in number and popularity of price comparison websites it’s surprising that so many people still go straight to their high street bank without comparing deals.  There are many deals to be had but you simply won't know how much you can save until you shop around a little. The difference in price between the most competitive loans and the rest of the market can be literally hundreds of pounds.”

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks