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Archived 2011-05 news:

Loans-may-not-be-as-cheap-as-people-think--Loans UK: Loans may not be as cheap as people think
28th May 2011
Many consumers are being led to believe that the cost of personal loans is especially low at the moment, given the 0.5 per cent base rate, an expert has said.

Ed Bowsher, head of consumer finance at lovemoney.com, noted that data ...
615 views | 0 comments


Careful-budgeting-will-make-cash-go-further--Savings Accounts: Careful budgeting will make cash go further
27th May 2011
Keeping track of expenditure is one of the best ways people can ensure they are paying enough into their savings accounts, an expert has said.

Ed Bowsher, head of consumer finance at lovemoney.com, explained that careful bu...
608 views | 0 comments


Half-of-Brits-use-savings-accounts--Savings Accounts: Half of Brits use savings accounts
26th May 2011
Standard Life discovered that 49 per cent using such financial services, while 17 per cent use investment-based products.

Furthermore, it revealed that the over-55s are more inclined to save than any other age group.

John Lawson, head of pension policy at Standard Life, explained t...
643 views | 0 comments


Travel-insurance-pitfalls-may-exist-for-over-65s--Travel Insurance UK: Travel insurance pitfalls may exist for over-65s
26th May 2011
Taking out travel insurance can prove difficult for people over the age of 65, especially if they have pre-existing health conditions, one expert has pointed out.

Stewart Rioch, general manager of travel insurance products at Staysure, emphasised that people must declare all their ailments ...
611 views | 0 comments


Direct-debits-will-help-boost-savings-accounts--Savings Accounts: Direct debits will help boost savings accounts
25th May 2011
People need to set up direct debits to their savings accounts if they are going to commit to putting aside a certain amount each month, one expert has suggested.

Justin Modray, owner of financial website candidmoney.com, ex...
641 views | 0 comments


Car-insurance-changes-just-weeks-away--Car Insurance UK: Car insurance changes just weeks away
24th May 2011
The government is calling on motorists to make sure they have car insurance policies in place, as changes to the law will be coming into force next month.

Continuous Insurance Enforcement law will take effect on June 20th, meaning that it will be illegal to own an uninsured car, regardless ...
1230 views | 0 comments


Travellers-urged-to-prepare-for-disruption--Travel Insurance UK: Travellers urged to prepare for disruption
24th May 2011
People planning on going overseas in the near future may want to make sure their travel insurance policies are sufficient, as the UK faces another bout of disruption.

Not only are many northern areas being lashed by high winds, but there is also a possibility that air travel could be hinder...
748 views | 0 comments


Mortgage-customers-aim-for-17-deposit--Mortgages: Mortgage customers aim for 17% deposit
21st May 2011
First-time buyers save an average of a 17 per cent deposit for a property before trying to secure a mortgage, the latest research shows.

Santander found that one in five first-time buyers paid between six and ten per cent deposit on the...
632 views | 0 comments


Family-savings-on-the-rise-poll-finds--Savings Accounts: Family savings on the rise, poll finds
21st May 2011
Families are putting more cash away into their savings accounts than they were at the start of the year, new findings have shown.

On average, a British family has £1,163 in savings and investments, which marks an incr...
626 views | 0 comments


ABI-reports-rise-in-car-insurance-whiplash-claims--Car Insurance UK: ABI reports rise in car insurance whiplash claims
20th May 2011
The amount of car insurance claims for whiplash is on the rise in the UK, with the country now believed to have the highest number of such incidents in the whole of Europe, figures show.

According to the Association of British Insurers (ABI), this rise is due to the number of false claims m...
667 views | 0 comments


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