World’s Number 1 Car Finance Blogger Criticizes Inaccurate Blog Posts
Monday, 8. August 2011
Image via CrunchBase
Many of you know of the so called money saving expert, Martin Lewis who has clearly saved many people lots of money on credit card overcharges and bank charges. I never deny that, but he has also been the source of miss-information. Take his personal criticism of Carol Vorderman when she advertised consolidation loans on TV and in newspapers. In the end, following a lot of pressure and insults, she stepped down from the advertising campaign. My view was that if he felt so strongly why wasn’t he protesting against the product to the Government whilst making sure that people fully understood the implications, far more important than the presenter stepping down – that was simply nuts!
After all the product is perfectly legal and can work if you are strapped up with very expensive credit cards. You just have to fully understand the risks. He also has a highly active web site which is a blog that is totally out of control.
People with little or no knowledge of the various subjects that consumers ask questions about give ‘advice’ that can be not only misleading but downright dangerous. Some advice that I’ve read has been absolutely spot on but some is so far off the mark it is close to criminal.
Unqualified people explaining how to clean brass or bake a cake is fine. If they give bad advice it is unlikely to change your life but give bad advice regarding finance or credit and those following the advice could find themselves in court, losing their car or even losing their house. That’s why Mr Lewis should have each post mediated and have experts providing proper advice so that those in trouble don’t do something damaging to themselves. Also information goes out of date so it needs to be refreshed as laws change. Who should you listen to when it comes to car finance advice? Well let’s have a ‘challenge off’ over who is highest in the search engines. Type into Google worldwide the two words Money Saving and of course, as you might expect, Martin Lewis’s www.moneysavingexpert.com is number one. But he’s number one out of 86 million (as of 9th August 2011). Not bad eh! So with such a high position out of so many you may think his expertise trumps mine! Not at all, type in my main keyword expression, the three words Car Finance Blog and yes, I’m number one but out of 120 million (as of 9th August 2011) with my website www.thebestcarfinanceblog.co.uk My site sees off US, Canadian, Australian and in fact all other sites in the world. Expert? Compared to me Martin Lewis is a novice and it’s about time he took time out to look after his blog visitors and started to monitor the posts of those who guess at answers to important questions that may be costing his site visitors a fortune. Have you taken bad advice from Martin’s website? By Graham Hill
