Telematics Explained – Telematics has been around for a few years and is becoming more mainstream in the UK car insurance market.
By monitoring your driving style, insurers can offer discounts on your insurance premium. Ideal for young drivers and those struggling to afford car insurance elsewhere. (more…)
Paying tax on my PPI refund – Why is there tax deducted from my PPI interest payment?
If your bank has agreed to your PPI complaint they will provide you with a full breakdown of the refund calculation.
The total of your premiums will be shown in the calculation along with any interest that you have been given on that total. The standard practice is for banks to apply an 8% simple interest on your total PPI premiums. (more…)
How are car insurance premiums calculated and what factors increase or decrease the amount you pay?
Does your address, marital status, gender or your job affect your insurance premium? Let’s have a look at what does and does not affect the calculation. (more…)
What is the Delaware North Companies transaction that is appearing on my debit card statement?
I recently checked my bank statement and there is a transaction I don’t recognise from DELAWARE NORTH COMPANIES. (more…)
When you are making a PPI Claim from your bank, building society, credit card provider, loan provider, etc, it is very important that you send your completed PPI Claim Form to the correct address.
After all, if you want a PPI refund from your bank, you want to make sure they receive it.
Here are some of the common addresses you will need. (more…)
Will my private pension be worth less after Brexit? Good question. The answer may be different for people with different pension plans.
Note: For the purposes of brevity, when I say pension in this article, I am referring to private pensions, pensions you are funding with contributions throughout your working life, not the state pension. (more…)
Have you moved house and trying to claim on your old PPI? Should you use your old or new address on the PPI claim form?
If you have moved house since closing the account, which of your addresses should you put on the complaint? (more…)
Zopa are introducing new lending options for its lenders starting in March 2016, but monthly lending is still missing.
I have been critical of Zopa in the past when comparing to the lending flexibility of RateSetter but let’s see how Zopa’s new lending products compare. (more…)
What is the PPI deadline? Is time running out to make a PPI claim? Or is it already too late to make a PPI Claim?
With the PPI saga that has been running for years, you might think that your chance to claim back missold PPI has expired.
It hasn’t, yet, but with proposals being discussed about a PPI deadline, it is clear that the current situation cannot last forever. (more…)
RateSetter remains well ahead of Zopa in terms of its range of investment options and interest rates available in the peer to peer lending marketplace.
Let’s compare Zopa with RateSetter in October 2015.
Having reviewed my investments with both RateSetter and Zopa, it is easy to see RateSetter coming out on top. (more…)