Only 43% of consumers start new decade with finances in good shape

3rd January 2020 Consumer Collections |

According to new research by GoCompare, only 43% of consumers will start the new decade with their finances in good shape. Younger adults are the least optimistic about their finances.  Just 29% of 18 to 24-year olds and 26% of 25 to 34-year olds feel they are in good order.  In stark contrast, over half…

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Energy users saved £1bn on bills in 2019

3rd January 2020 Consumer Collections |

Around eleven million customers have saved as much as £1 billion on their energy bills in 2019, according to new data to mark the first anniversary of the government’s energy price cap. Research has shown that the cap has saved families on default energy tariffs around £75 to £100 on dual fuel bills this year.…

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Lenders put squeeze on balance transfers rates

3rd January 2020 Consumer Collections |

Research by credit specialist TotallyMoney and MoneyComms has warned that lenders are putting the squeeze on introductory 0% interest cards for balance transfers. Consumers looking to take charge of their debt in the new year may struggle to find a deal that lasts long enough to clear their debt interest-free. The research shows lenders are…

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