Virgin Media Unlimited TV Ad Banned

virgin mediaVirgin Media has had its’ knuckles wrapped by the Advertising Standard Agency about the company’s unlimited broadband adverts.

The ASA received several complaints, including complaints from the public, BskyB and BT, who teamed up against Virgin to get the complaint upheld. Their complaint was that customers could not in fact have unlimited access to films, music and television content because of a traffic management policy implemented by Virgin Media that limits customer’s broadband speed  by half if they use too much bandwidth.

Broadband providers are permitted to say that their services are unlimited even if the slow down user speeds as long as it is clearly stated in the company’s advertising, if it isn’t it can be construed as misleading. Continue reading

British Bankers’ Association In Talks Over PPI Deadline

The British Bankers’ Association (BBA) is in talks with the Financial Services Authority (FSA) about setting a deadline for mis-sold payment protection insurance (PPI) claims. The banks are hoping that they will be able to set in stone a date at which the PPI scandal, which has been dragging them down for the last few years now, can finally be put to rest.

It’s entirely a self-interested move, as the banks are having to pay out billions in compensation to customers that they deliberately mis-sold PPI to. Millions of people around the UK who took out loans, mortgages or other financial products were sold into PPI contracts, or had those contracts added to their costs without their knowledge, even though the insurance was totally useless to them. Continue reading

Five Reasons You Might Need a Cash Advance

There are times in everybody’s life when they find themselves short of cash. Most of the time, we manage to get by simply by cutting back our spending or waiting until our next pay cheque comes in, but what about the times when we’re unable to do that?

While you might be able to forego your regular Friday night out or skip the cinema a few times, some costs can’t be pushed off until later. So what are the top five reasons you might need to get cash advances?

1      Rent – Have you ever tried to talk your landlord into giving you an extra few weeks to pay the rent? It’s not easy. Many will decide that you’re not worth the trouble, especially as renting becomes more popular as house prices rise. Taking out cash loans means you don’t have to worry about the landlord finding out you’re short of money, as you can pay him off and then pay off the loan on your next payday.

2      Bills – The same way your landlord isn’t going to be happy if you try and push off rent, the electricity, gas or phone company won’t give you much leeway either. Neither will the council or water company. Amazing how many people want money from you, isn’t it? Continue reading

How can the Internet be used to Save Money?

The internet has revolutionised the way we live and indeed the way we work, there’s no escaping the fact that without it, we’d struggle to get by. We network, communicate, shop, compare and get information online on a daily basis, but one thing we are using the internet to do more and more is saving money.

With the UKs economy experiencing some rocky times of late, everyone is looking for ways to save money, below we’ve documented ways in which you could save yourself hundreds simply by using the World Wide Web:

1.     Shopping

When people think of online shopping, things that immediately spring to mind are; online auctions such as eBay and large e-commerce websites like Amazon. In order to save large amounts of money you need to dig a little deeper, here are some other handy online money saving stores:

Quidco – This is a cashback website whereby you search for items on the website, Quidco then refer you to a retailer, the retailer then pays Quidco a commission on the item you have just bought, which is then paid straight into your bank account. There are a number of other website like this however Quidco is arguably the largest of its kind. Continue reading

I’m In Debt… I Give Up! (You Can Escape Overwhelming Debt)

When the going gets tough, the tough get going. Millions of Americans are finding the burden of debt overwhelming. CNN Money Reports that according to the American Bankruptcy Institute, filing for bankruptcy was either a forced or chosen strategy used by 1.46 million individuals and 36,000 businesses in 2011. 2012 projections are very similar. Throughout the EU, the data is consistent.  Personal insolvency is a global epidemic.

At the same time, real property foreclosures are at record highs in the world’s most established economies. The causes of this suffering are numerous, including a worldwide employment crisis, unrealistic purchasing habits and careless money management. As a result, persons find that when the unexpected event occurs, we are not financially equipped to deal with our obligations. In simple terms, our liabilities outweigh our income.

And, when debt outweighs income, the situation either requires a cash infusion or outstanding cash management. A combination of the two is best. Continue reading

Read the fine print when getting cell phone contracts

Read the fine print when getting cell phone contracts

The fine print is a part of life now. It is the reason why we must spend hours combing through every contract in which we participate, and why people with bad eyesight must never read print advertisements. It is legal up to a certain extent to have these on contracts, but this extent is loosely-defined enough that the various lawyers who write up these binding documents can put them around without a problem.

Cell phone contracts are not immune to fine print, and indeed they can dupe consumers into paying far more than they have to, or get them into agreements that they did not fully understand. As a rule, always read everything in a contract, but especially with something that causes you to regularly pay money over a certain period of time, like what postpaid plans require you to.

Without reading fine print, it becomes very easy to miss the fact that, for example, the trial period of a particular plan is 14 days instead of 30 days, with the latter being relatively standard and easy to assume. Continue reading

Creative Credit Course Corrections

Credit, six letters that can change your ability to do what you want when you want to do it. Most of the problems that people experience with their credit is caused by a simple lack of understanding of what it is and how it is best used. As a result of this ignorance, many people misuse their credit and end up in a pit of despair and debt that destroys the quality of their life.

The following five tips will help you to avoid common credit problems and to dig your way out of the debt pit.

 

Tip #1 – Be Aware of Your Debt

A lot of people get into trouble with credit products because they do not realize how much debt they are racking up. To avoid this problem create a list or spreadsheet that clearly identifies each credit product you have and what its overall balance is and what the monthly payment for each of these products is. Post this somewhere you will see it every day. Continue reading

Deposit Protection Schemes and Alternative Dispute Resolution

After the launch of legislation in 2007, landlords have become used to protecting their tenants’ deposits as a matter of course. Landlords have the choice of three main schemes based on custodial and insurance models. The former requires the landlord to physically pay the deposit sum into a third party bank account; the latter requires insurance to be obtained for the amount of the deposit.

Whichever option is taken, the deposit protection scheme has brought added peace of mind to tenants that their deposit is in safe hands throughout the tenancy. For landlords, it has gone some way to reducing the negative stereotype, and ultimately made the process far clearer for all involved. Continue reading

10 Easy Ways to Save Money That You’ve Probably Never Heard Of

If you’ve spent any amount of time reading money saving tips then you’ve probably come across the same cookie-cutter advice time and time again. Fortunately — even if you think you’ve “heard it all ” — there are a few seldom-used tactics that you can use today to stretch your dollar to the limit.

Reuse Fresh Herbs
Did you know that the fresh herbs that you probably use everyday — including green onions and coriander — can easily be put back to work? Just take the roots of the plant and soak it in water for a few weeks. If the plant was in good shape when you started you should be able to reuse the plant again in 2-3 weeks. And you can rinse and repeat this strategy as many times as you’d like.

Vicks Vapor Rub=Cheap Insect Repellant
In summer months it’s common to spend $20 or more per month on pricey insect repellant to keep annoying mosquitoes and ticks away.  However, you can use a tiny bit of Vicks (or the generic equivalent) to do the exact same thing! And it’s much cheaper (and more versatile) than repellant. Continue reading

Live a Little More Cheaply Every Day and Have More Money:

Saving money doesn’t have to be a painful experience, it is all about retraining the way you look at money and getting ourselves out of the bad spending habits and into new ones. It is something that we generally think of as being difficult to do, a challenge that we only undertake when we really have no other choice. But if we got into good spending habits sooner we wouldn’t find ourselves having to knuckle down when times get hard. Trying to get into good habits in one fell swoop is difficult for anyone to do, which is why it is much better to change you spending habits in smaller steps so that it doesn’t come as such a shock to the system.

Saving Money on Fuel

There is no doubt about it, fuel is becoming more expensive every month. The fuel we put into our cars and the fuel we use to heat our houses makes a large dent in out monthly budgets. But there are ways to cut down on the amount of our money we spend in this area. Continue reading