A survey carried out via a business networking site* has reinforced the different business stereotypes, with the image of a scruffy IT worker stuck in front of his computer screen all day and longing for his holiday appearing true! The independent poll was in response to recent research from payday loans lender www.speed-e-loans.com ** which highlighted how 50% of their borrowers are white collar workers and professionals. The poll wanted to see just what an average professional would spend … [Read more...]

From Friday 20 August 2010, Nationwide will reduce rates by up to 0.20% on selected remortgage products. The rate cuts will improve the competitiveness of Nationwide's remortgage range and the average cut will be 0.15%. The remortgage product range from Nationwide will include the following: Two-year fixed rate reduced by 0.19% available at 3.39% (up to 70% LTV) Three-year fixed rate reduced by 0.09% available at 4.09% (up to 70% LTV) * £896 product fee * £99 booking fee (payable … [Read more...]

Figures released from car finance specialist CarLoan4U.co.uk has shown how hatchbacks are the most popular choice of vehicle when people are applying for car finance. The top 10 most popular cars by application*: Peugeot 207 S Hatchback Vauxhall Vectra CDTI Hatchback Mini Cooper Hatchback FIAT Punto Active hatchback BMW 118D SE Hatchback Citroen C1 Rhythm Hatchback Renault Clio Dynamique Hatchback Ford Focus ST-2 Hatchback Citroen Picasso Estate Mazda 6 TS … [Read more...]

In a statement issued today, loans industry expert Gary Miller-Cheevers (and CEO of payday loan company speed-e-loans.com) has responded to the recent furore over payday loans following research from watchdog Consumer Focus. He agrees that while responsible lending is key to stopping people getting in to a debt trap, industry commentators should remember that the so-called “obscene”* APRs quoted by payday loan companies should be taken in context. The Consumer Focus research revealed that … [Read more...]

Figures released from car finance specialist CarLoan4U.co.uk are indicative of stability in the car finance marketplace, with the average car loan decreasing by less than 3%, on a year-on-year comparison basis. The data shows that in: Jan - July 2010, the average car loan size was £6994.30 Jan - July 2009, the average loan size was £7201.87 “And this” says Ryan Dignan, Director from CarLoan4U, “may indicate that there is some stability in the car finance market place with … [Read more...]

The continued success of the UK’s first car hire insurance comparison service continues with the addition of the world’s only price comparison tool for motorhome and campervan excess hire insurance. The service, from money saving website moneymaxim, can save anyone renting a motorhome or campervan on holiday, anywhere in the world, both significant stress and sizable sums of money. Mark Bower, Managing Director of moneymaxim.co.uk comments on the innovative hire excess insurance … [Read more...]

Nationwide Building Society has launched an exclusive website offering a range of lifestyle benefits for its FlexAccount customers aged 16-24. A new bespoke website – www.flex-zone.co.uk – will offer young FlexAccount customers access to a range of benefits such as special deals on mobile phones, music, entertainment and travel. These include: £70 cash back when purchasing any 24 month Vodafone contract. 10% off all 'pay as you go' handsets. Every Wednesday – £1 rental … [Read more...]

From Friday 6 August 2010, Nationwide will reduce rates by up to 0.30% on selected mortgages for remortgage and house purchase customers. The biggest cuts are on mortgages available up to 85% LTV and will, in particular, help customers with smaller deposits. The average cut will be 0.19%. The mortgage product range from Nationwide will include the following: For those buying a home Two-year tracker rate reduced by 0.20% available at 3.68% (75-80% LTV) Two-year fixed rate reduced by 0.30% … [Read more...]

Specialist niche insurance broker Cover4Caravans.co.uk, which offers both a web-based and telephone service, today announced the addition of Hobby Caravan insurance to its portfolio of products, with prices starting from under £150. This is great news for Hobby Caravan owners who may often find it a struggle to obtain competitive quotations from touring caravan insurance companies because of the age-old stigmas attached to these types of caravans, including the perceived higher risk of … [Read more...]