Finance: Moneynet blasts high street travel agents for exorbitant insurance premiums

Moneynet blasts high street travel agents for exorbitant insurance premiums

Written by Moneynet

Continued from page 1

“The FSA does cover annual premiums bought through high street outlets, but single trip cover, which is very popular with holidaymakers, is not under repparttar watchdog’s remit,” said Brown.

Another issue for potential concern is that different levels of travel cover are available – e.g., gold, silver and bronze. It is important for holidaymakers to understand repparttar 136980 level of cover being purchased and to compare like with like.

“You have to ask yourself if a travel agent – who is more often than not only concerned with commission – actually knows what level of cover is most appropriate. At Moneynet we have an at-a-glance system, so you know exactly what you are getting,” added Brown.

Results: The quotes below are for a two week trip to Europe for a family of four (two adults and two children under 16): single premium

Moneynet £35.10 Travelcare £75 Thomas Cook £120 Thomson £124 Source: Moneynet, April 25, 2005

# Figures are from repparttar 136981 Association of British Insurers, February 2005

Moneynet.co.uk is the UK’s most established personal finance research and data website.

Press enquiries: Richard Brown, 020 8313 9030, info@moneynet.co.uk Website: http://www.moneynet.co.uk ADDRESS: Moneynet Sussex House 8-10 Homesdale Road Bromley Kent BR2 9LZ

Secured Loans – Everything You Need to Know

Written by www.24Hourfinance.co.uk

Continued from page 1
• Secured loans are available to homeowners with no equity. • Secured loans enable you to release equity in your property. • Secured loans can be obtained via major high street banks or loan brokers. Loan brokers search for loan deals from niche lenders on your behalf, in exchange for a “broker’s fee” payable on completion. The broker’s fee is usually paid by repparttar

lending bank or customer. • Secured loan interest rates can vary from 6.9% APR to 30% plus dependent on your credit history. It’s a good idea to compare rates from different lenders before applying. • Secured loan repayments can be insured, protected against unemployment, sickness, accidents and death.

IMPORTANT FACTS YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

It’s very important that you can afford your loan repayments.

It is estimated that, in 2005, over £8.8 billion of secured loans will be used for debt consolidation purposes. http://www.24Hourfinance.co.uk currently lists a number of FSA regulated secured loan brokers and lenders.

USEFULL LINKS - SECURED LOANS IN UK http://www.24Hourfinance.co.uk/secured-loans.htm

24Hourfinance.co.uk is a leading financial portal enabling UK consumers to find and compare loans, credit cards, mortgages, bank accounts and cheap insurance quotes. Consumers can apply for finance 24-Hours a day with popular lenders.

WEB: http://www.24Hourfinance.co.uk

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