Interest Rate
- LifestyleAOL
Catalogue debt rip off doubles the cost of Christmas
Catalogue debts could double the cost of Christmas. A study has found that mainstream brands are charging APRs of up to 60% - which is almost triple the average interest on a credit cards, and could double the cost of Christmas. The study, by
3-min read - BusinessAOL
Credit card crisis - 6.7m people have a card problem
Almost 14% of Brits have been carrying credit card debt for at least three years - that's 6.7 million people. What's more, almost one in ten have been carrying their debt for five years or more - costing themselves a small fortune in
3-min read - BusinessAOL
Holidays in Europe cost £408 more this year thanks to Brexit
The Brexit vote has cost the average Brit travelling to the EU an extra £51 a week this summer. It means a family of four spending a fortnight in Europe will have to spend £408 more in order to have the same kind of break as they did this time
2-min read - BusinessAOL
The rip-off savings account that doesn't pay a penny in interest
The Financial Conduct Authority has published the results of its investigation to the savings accounts paying the least interest in the UK. Shockingly, it found a Post Office savings account that doesn't pay a penny in interest, and a Danske
4-min read - BusinessAOL
Interest rate cut: how can you protect your savings?
You could be forgiven for thinking that the interest rate you're getting on your savings couldn't go any lower - but you'd be wrong. There's every chance that the Bank of England will keep cutting rates - and keep them lower -
3-min read - BusinessAOL
Need a 0% credit card? Why now's the time to apply
If you need to pay off some credit card debt then why not take advantage of the lengthiest 0% balance transfer periods ever? The Halifax 40-month Balance Transfer card was due to be withdrawn but the application period has now been extended until
2-min read - BusinessAOL
Could you answer this credit card quiz question? Most people can't
If you had a £1,000 balance on a typical credit card with an 18.9% APR, and paid a minimum monthly payment of 2.5%, how long would it take you to pay it off? (a) 5 years, (b) 9 years, (c) 19 years, (d) 29 years, (e) I don't know If
3-min read
