News has reached the KiranTrivedi blog that use of the contactless card has reached record levels and this prompts me to wonder, should we really be using the contactless card, or is it a risk to your personal finances?
The contactless card is exactly what you think it is – a revolutionary trick of technology which allows you to pay for goods or services on your card without having to put it into a machine. Instead you hold the card next to a device. It’s like a scanner at a checkout.
Exceeds £100 million a Month
It’s certainly proving...
Tuesday, 29 April 2014
Wednesday, 23 April 2014
Posted by Unknown on 02:07 with No comments
The devil really is in the details when it comes to financial products, as we’ve yet again seen in the car insurance small print findings released by a consumer group this week. What do you need to know to avoid falling into the small print trap?Small print are the terms and conditions of the agreement that you are signing up for. It’s all the technical stuff, and the reason they put it in small print is because it usually details the less attractive elements of the deal that you are about to sign up to.That is why it’s small print – they literally...
Wednesday, 16 April 2014
Posted by Unknown on 06:23 with No comments
Whether we like it or not, Kiran Trivedi readers, we all occasionally need to
dip into our overdrafts to balance the books. But is your overdraft good value
for money? Well according to the Financial Conduct Authority (FCA), it isn’t.
The thing about overdrafts is that no one wants to dip
into them; it leaves you owing money and unless you have a student or post
graduate overdraft, you’re most likely going to have to pay a charge for that
service. However sometimes you have to, just to make it through the month. But
is your overdraft...
Wednesday, 9 April 2014
Posted by Unknown on 03:13 with No comments
If you get your energy from one
of the ‘big six’ energy companies, and most people in Britain do, then you’ll
know that they charge heaven and earth for their services. Saying that, Kiran
Trivedi readers, why should you desert the ‘big six?’
Did you know that the annual
household energy bill now runs up £1,264, and that only covers gas and electric?
Why do you think that is? Is it because it simply costs that much to bring
energy to your house? Whilst energy costs are rising all over Europe, they’ve
risen much more steeply over here.
The...
Wednesday, 2 April 2014
Posted by Unknown on 04:34 with No comments
New figures suggest that mobile banking has arrived,
and it has done so in style. How popular is this new method of handling your finances
and how can you protect yourself so that you can mobile bank with the peace of
mind that you won’t be targeted by fraudsters?
It’s hardly a surprise that mobile banking has become
so popular. Smartphones are everywhere, and in today’s world, you can’t turn a
corner without seeing someone with a device in hand. It’s simply a matter of
convenience. However what surprised me, Kiran Trivedi readers, is just...
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