Choose Wisely - The straightforward comparison site

Why have I been turned down for credit?

Getting turned down for credit can be disheartening especially if you don’t understand why. There are a number of reasons that a lender or provider may refuse to grant you credit, but there are also a few steps you can take to try and prevent it from happening again.
You don’t meet the lender’s …

Read More

In the know: savings accounts

The difference between low and high-income families
Across the country, the divide between those with and without savings has become increasingly wider. It’s been reported that at least a quarter of all households in the UK have less than £100 in their savings account, but the richest have on average £63,000 which is up from …

Read More

Should I switch loans?

Many people believe that switching to another loan provider when you are already well into your loan term is not allowed – but it is! Doing so could save you money in the long run as you may find that you can get a cheaper rate of interest, and maybe even shave a few months …

Read More

Overdrafts: The hidden expense

Dipped into your overdraft recently? You may be surprised to know it’s more expensive than using a payday loan.
In the past, payday loans (now referred to as high-cost short-term loans), have had a bad reputation. Lenders used scare tactics and piled on the charges if customers were late or missed their payments, which meant …

Read More

Energy price hikes

It seems that energy bills are on the rise as a few of the Big Six have started to increase their prices. In December EDF released a statement to say that even though their gas prices would be going down by 5.2%, customers would see an 8.4% increase on their electricity.
Last week Npower announced …

Read More

Understanding balance transfers

Whether you’ve had a credit card for a while, or you’re currently searching, you will most likely have come across the phrase ‘balance transfer’ – but what does it mean?
A balance transfer is where you take your existing outstanding balance and move it to another credit card that may have a lower rate of …

Read More

Watch out for Valentine’s Day scams

It’s not just love in the air as Valentine’s Day approaches – there’s also the scent of opportunity. Scammers see special dates throughout the year as times when they can earn a quick buck and take advantage of those who may be less savvy. Being wary will go a long way to stopping you from …

Read More

Financial date night

Netflix and chill is so 2016. With the frivolity of the new year a not-so-distant memory, it might be time to sit down with your other half and take a look at your finances. Here are our five top tips for spicing up those spreadsheets and getting down to those blossoming budgets.
Date night
1. …

Read More

Catch 22 borrowing

What is catch 22 borrowing?
You want to apply to your first ever graduate job, but they say they need a number of years’ experience – but, you can’t get that experience without getting your first job. Frustrating right? It can often be the same with trying to obtain finance.
Lenders want to be …

Read More

Buying Valentine’s Day Gifts

Here it rolls around again – whether you get swept up in the romance or think it’s an excuse for companies to make a few extra pounds, Valentine’s Day is just around the corner. We’ve done the hard work for you and found our favourite gifts across the web to make your loved one feel …

Read More