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The Treasury Select Committee has questioned whether individuals should be charged for copies of their credit report. At the moment it costs £2 or you can obtain a copy for free but it requires you to apply online to one of the credit reference agencies, provide credit card details as though you were going to pay monthly for anytime access, then cancel as soon as you’ve downloaded your current report, Read more »

It’s quite amazing that whilst most of us are aware that we have to convert our TV over to digital by either buying a digital TV or buying a Freeview box that enables us to watch digital TV on our old sets, few actually understand that there is a similar problem looming with our radios. 2012 is the switchover to digital TV but we have just 5 years before the analogue radio signal is cut off in the UK so it’s shocking that Read more »

On the subject of the new EU Consumer Credit Directive there is a change to the 14 day cooling off period that is given to consumers when they sign the finance agreements off trade premises. Currently you can cancel an agreement if it is regulated under the Consumer Credit Act and signed away from the premises of the funder, the broker or the dealer. However, if you sign on trade premises you don’t have the 14 day Read more »

For those that like to own their vehicles and have a penchant for hire purchase there is some good news, you can now receive treatment for this condition, known as ‘bonkers’, on the NHS. OK serious stuff. I reported last year that the EU had issued a directive that meant that, amongst other things, the ability to voluntarily terminate your agreement once 50% of the full cost has been repaid would no longer apply to Read more »

Brake, the road safety charity and Direct Line have issued a warning article about the care of safety components such as tyres and brakes, things I have touched on previously. The fact is that far too many drivers rely on a service or MOT to identify faults and wear when in fact drivers should take more responsibility themselves. Andy Goldby, director of underwriting at Direct Line said ‘Drivers seem to be willing to Read more »

Whilst the world’s biggest car manufacturer flounders around trying to find out why their cars have a habit of accelerating out of control and then not stopping with horrendous consequences, General Motors, in the US, is capitalising out of Toyota’s problems by offering incentives for people to move out of their Toyota and into a GM car offering such incentives as 5 year interest free finance, cashbacks and help to Read more »

A Department for Transport study found that healthcare workers needed more guidance on assessing whether a patient is fit to drive. They feel that more responsibility should be passed to the driver who should be made aware of the DVLA medical standards and make their own decision as to whether they feel as though they are fit to drive within the guidelines. Some things are fairly obvious such as a broken foot or Read more »

Business Insurance specialists Premierline warned employers that when they allow employees to work from home they are still responsible for their welfare in the same way, I guess, as employees that use their own cars for company business. According to the Department for Labour the employer has the same responsibilities as he would for any other employee at work. Whilst it is accepted that some controls are Read more »

I’ve pointed out the importance of correct tyre pressures in the past but during the recent bad weather many motorists are believed to have dropped their tyre pressures in order to increase the grip on roads covered in ice and packed snow. It is important, if you did this, to re-inflate to the correct pressure. In fact, according to compressor manufacturer Ring Automotive, you should check your tyre pressures Read more »

Cleaning up your credit file has never been more important. Less money is available to lend which means that you really must make sure that you have no errors on your file and anything that can be corrected is corrected before you apply for finance. Even using a bad broker, who makes multiple applications to several finance companies, using your single finance application, can cause you to have your credit Read more »