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Consumers select assets accounts before debt payments

Twice as many people select to put income into a assets comment rather than overpay on their mortgage, new investigate has shown. This is notwithstanding justification that suggests that overpaying on a debt can in some cases move improved long-term rewards than profitable into a assets account. The consult of over 1,000 mortgage-holders by First [...]

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Technology changing banking sell landscape

Technological advances are changing a banking sell landscape, according to experts. Currency sell specialist, Currencies Direct, says a banking sell landscape will change “beyond recognition” over a entrance years. Key drivers of a changes embody tablets, smartphones, mobile wallet record and online video content. Currencies Direct says that these trends and gadgets are carrying a [...]

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Consumers peaceful to compensate for online banking

New investigate has suggested that consumers would be peaceful to compensate a tiny volume for online banking services. The general consult from PricewaterhouseCoopers found that people are peaceful to compensate between £2 and £10 per month for online banking services, as prolonged as they’re available and offer good value for money. The “optimal” cost that [...]

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Luxuries selected over life insurance

Families in a UK select to buy luxuries rather than deposit in life insurance, a new investigate news has found. The Aviva Family Finances news found that 21 per cent of families see their annual family holiday as a priority this year, since usually 3 per cent devise to deposit in life insurance. The investigate [...]

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Credit label and personal loan debts adult for families

The normal volume of debt due by UK families has increasing by roughly 50 per cent given this time final year, according to new investigate from insurer Aviva. The investigate suggested that a normal UK family now owes £7,944 on credit cards, personal loans and other forms of finance. This is compared to a £5,360 [...]

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Powa launches business credit label remuneration machine

Powa, an eCommerce platform, has this week launched a new business credit label and withdraw label remuneration tool. mPowa is a software/hardware package that enables those such as tiny businesses and salespeople on a pierce to use their smartphone as a label remuneration machine. Users will be given a giveaway credit label reader that plugs [...]

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Call for movement on stream comment overdraft charges

Consumer organisation Which? has called for movement on costly overdrafts for stream accounts. Which? pronounced in many cases overdraft charges are “complicated and exorbitant” and that it is really formidable for consumers to know what they will be charged or what a disproportion in charges is between opposite banks. The consumer organisation pronounced overdraft price [...]

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